|
Suggested
Curriculum
Basic
Economics
[Course Description for Waivers at Kellogg
School of Management]
Among the topics that this core course covers are economic
analysis and optimal decisions, consumer choice and the demand
for products, cost curves, market structures, pricing and
non-price competition. Cases the problems are used for an
understanding of the economic tools and their potential use
for solving real-world problems. Topics are:
- Demand
and elasticity
- Supply
and demand
- Consumer
choice and demand elasticities
- Production,
technological efficiency
- Cost
functions, monopoly maximization, pricing
- Perfect
competitive firm
- Monopolistic
competition and oligopoly
- Game
theory
- Public
goods, role of government
|
