BSEc 3 Second Semester

Managerial Economics is a discipline that combines microeconomic theory with management practice. This course provides a theoretical framework for tying together other courses in finance, marketing, operations, and managerial accounting. Its discussion includes how to use economic theories and concepts in actual decision making specifically in its application in the real world by aligning it with case analysis. In addition, it discusses also how to determine the profit-maximizing level of outputs in different market structures by actual calculations given existing data.