Subject: Economics (Grad) (GBEC)

CRN: 42641

Online: Sync Distributed | Lecture

Online

Requirements Met:
     Part-time MBA

  Kathryn Combs

This course focuses on the application of microeconomic tools and concepts to business decision-making. Every organization faces numerous decisions. Every decision-maker faces limits of money, resources, technology, and information. Optimal decisions must balance the marginal benefits of a decision with the decision’s marginal costs. The tool of constrained optimization is applied to cost minimization, output maximization, and profit maximization. Concepts covered include: optimal output volume; demand analysis and estimation; production and cost; market structure and strategic positioning; and optimal pricing strategies. Prerequisite: OPMT 600 or BUAN 640.

1.5 Credits

Subject: Economics (Grad) (GBEC)

CRN: 42642

Blended Online & In-Person | Lecture

Minneapolis: Terrence Murphy Hall 357

Online

Requirements Met:
     Part-time MBA

  John Spry

This course focuses on the application of microeconomic tools and concepts to business decision-making. Every organization faces numerous decisions. Every decision-maker faces limits of money, resources, technology, and information. Optimal decisions must balance the marginal benefits of a decision with the decision’s marginal costs. The tool of constrained optimization is applied to cost minimization, output maximization, and profit maximization. Concepts covered include: optimal output volume; demand analysis and estimation; production and cost; market structure and strategic positioning; and optimal pricing strategies. Prerequisite: OPMT 600 or BUAN 640.

1.5 Credits

Subject: Economics (Grad) (GBEC)

CRN: 42643

Online: Some Synchronous | Lecture

Online

Requirements Met:
     Part-time MBA

  Kathryn Combs

This course builds upon the basic competitive analysis and strategy skills introduced in GBEC 625. Students will employ theoretical concepts and statistical analyses to conduct an effective analysis of a market or industry and to formulate a suitable competitive strategy. Emphasis is on team analysis of case applications as well as the student's own industry and firm. Especially useful for students with strategic responsibilities or those considering a career in management consulting. Prerequisites: OPMT 600 or BUAN 640, and GBEC 600 or GBEC 625.

3 Credits