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0 to 3 credits
Fall 2025 Lecture(West Lafayette) 3.00 (Northwest). The core models of microeconomics are fundamental to day-to-day management decisions. This course will cover economic models that describe firm production, pricing, entry/exit decisions, market efficiency, and welfare. Such economic models will be applied to the analyses of a variety of market conditions, including monopoly, oligopoly, and monopolistic competition. It will provide students with an understanding of the implications of economic theory on technology products, firms, markets, and consumers.
Learning Outcomes1Be able to use economic models to analyze technology markets and make optimal managerial decisions.