College of Business and Economics  

Western Washington University

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Course Description

MBA 502 -- MICROECONOMICS (4) Prereq: Admission to the MBA program. An analytic approach to the theory of the consumer, the firm and markets. Emphasis is placed on the development of managerial tools for understanding supply and demand concepts and the determination of prices in various market settings for both outputs and inputs. The problems of market efficiency, externalities and public goods are also considered from an analytical and policy perspective.


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