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2012-2013 Undergraduate & Graduate Catalog

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ECO 641 - Business Economics and Strategy

Develops an analytical framework to identify and evaluate cost-cutting or revenue-enhancing strategies. Topics include economics of production costs and consumer demand, projections using supply/demand analysis, competitive labor markets and employee compensation strategies, cost-benefit analysis of investment projects, decision-making under uncertainty, product pricing strategies, make-or-buy decisions, economics of business organization. Offered fall and winter. Prerequisites: Completion of MBA background equivalencies.

Credits: 3

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