NCC 5020 - Microeconomics for Management

Fall, Summer. 2.5 credits. Letter grades only (no audit).

Enrollment limited to: Johnson MBA first-year students. Johnson School core course. Co-meets with NCCY 5020 during the summer term only.

Y. Chen.

Introduces microeconomic theory and applies it to problems faced by managers. Topics include supply and demand, consumer behavior, pricing when a firm has market power, and the role of contracts. The course employs a lecture format and emphasizes problem solving. Grading is based on quizzes, a midterm and a final exam.