Course Description
-
Course Name
Managerial Economics
-
Host University
Anglo-American University
-
Location
Prague, Czech Republic
-
Area of Study
Economics
-
Language Level
Taught In English
Hours & Credits
-
Overview
Description
This course is focused on application of economic thinking on various problems and decisions faced by managers. The course covers several concepts from contemporary microeconomics: game theory, principal agent theory and contract theory, decision making under uncertainty, and behavioral economics. The course first builds a theoretical foundation and then applies the theories to specific problems faced by managers using case studies and examples from businesses.