Academic Calendar 2023-2024

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COMM 172 Managerial Economics

COMM 172  Managerial Economics  Units: 3.00  

This course covers the economic foundations of managerial decision-making.  Topics include supply and demand interactions, the theory of demand, decision-making under uncertainty, production and costs, price determination under perfect competition and monopoly, strategies for pricing with market power, monopolistic competition, oligopoly, game theory, asymmetric information, moral hazard, and incentive contracts. The course uses a variety of mathematical techniques, particularly algebra, and calculus.

Requirements: This course is restricted to students enrolled in the Commerce Program. PREREQUISITE: COMM 171 or 3 Units as approved transfer from ECON 112 or ECON 110 EXCLUSIONS: ECON 110, ECON 111, ECON 112  
Offering Faculty: School of Business  

Academic Programs

...Plans) COMM 111 ; COMM 121 ; COMM 162 ; COMM 171 ; COMM 172 ; COMM 211 ; COMM 221...

4 Program Curriculum and Grading

...note that the combination of COMM 171 and COMM 172 will be accepted as equivalent...

9 Optional Programs cannot include COMM 171 Principles of Economics for Business or COMM 172 Managerial Economics...

Economics – Minor (Arts)

...requirements. 4. Substitutions A. COMM 161 and an...APSC 171 and APSC 172 ) may be used...