ECON 352 - Managerial Economics

• Use marginal analysis to critically analyze problems; and demonstrate the efficiency of this analytical tool by building scenarios in which this method of analysis can be used to develop optimum managerial decisions.
• Demonstrate a probability theory. The student  must be able to analyze statistical data, and interpret regression results.
• demonstrate an ability to use calculus to interpret economic models and equations; and hence analyze complex empirical equations.
• Explain and interpret using economic theories, economic scenarios which generate alternative solutions. They will be asked to compare and contrast the different equilibrium solutions and decide on the optimum solution.