ECON 308. Economics for Managers (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Connects economic theory to practical issues faced by firm managers. Focuses on the way economic theory affects the firm’s behavior both internally and externally. Internal issues include organizational structure and contract design, especially as these issues relate to opportunism, rent-seeking and asymmetric information. External issues include discussions of corporate strategy, advertising and the market for corporate control.