BEAP 3200 3.00 R - Economics of Business Management

Course Description

Application of economic theory to provide guidance for business managers and to facilitate complex decision making in an environment of risk and uncertainty. This course is concerned with the firm’s competitive positioning and as such is designed as an integrative course to integrate into economics a variety of concepts from marketing, finance and accounting. Topics include firms’ boundaries; horizontal and vertical integration; market and competitive analysis; pricing decisions, advertising and promotional decisions; product quality and competitive strategy; and investment decisions. Prerequisite: SB/BEAP 1000 3.00 (previously offered as SB/ECON 1000 3.00) or AP/ECON 1000 3.00 or SB/INTL 1200 3.00 Course Credit Exclusions: AP/ECON 2300 3.00, AP/ECON 3411 3.00, SB/ECON 3200 3.00 Note: Open to Schulich undergraduate students with a minimum of year 3 academic standing