COURSE NUMBER: EWMBA 201A.2A
COURSE TITLE: Economics for Business Decision Making (Microeconomics)
UNITS OF CREDIT: 2 units
INSTRUCTOR: Shachar Kariv
E-MAIL ADDRESS: kariv@berkeley.edu
CLASS WEB PAGE LOCATION: bCourses
PREREQUISITE(S): None
CLASS FORMAT: The course will rely heavily on problem sets. There are no group assignments.
REQUIRED READINGS:
BASIS FOR FINAL GRADE: Midterm (50%) and a noncumulative final (50%).
ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:
Business success depends on the successful positioning of the firm and the management of its resources. The goal of this course is to think systematically about achieving competitive advantage through the management of the firm's resources. Topics include analyzation of management decisions concerning real options, cost determination, pricing and market entry and exit.
Module 1: The economic agent
Module 2: Production and the costs production
Module 3: Competitive markets and economic efficiency
Module 4: Monopolistic markets and economic inefficiency
Module 5: Game theory