BADM 730 - Economics of the Firm

(3 units)

Economic analysis of the business firm, particularly with respect to price, output and technological choice; the effect of diversity on domestic and international policy on business firm behavior.

Prerequisite(s): Must be a degree seeking student in a business graduate program.

Grading Basis: Graded
Units of Lecture: 3
Offered: Every Spring and Summer

Student Learning Outcomes
Upon completion of this course, students will be able to:
1. demonstrate understanding of how markets work and how market activities impact the operation and profitability of firms.
2. demonstrate understanding of the economics of firm organization and how the competitiveness of the market impacts the firm’s decisions.
3. demonstrate understanding of different types of strategic thinking that can be useful when the firm only has a few competitors.

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