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2014-2015 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. Prerequisite: Completion of M.B.A. background equivalents.

Credits: 3

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