Managerial Economics National Taiwan University
This course is designed to provide a framework for understanding the behaviors of market participants (consumers, producers, competitors, etc.) with whom firms interacts.
The course objective is to give insight into how markets function; demand and supply driven by decisions of consumers and firms, govern the price and quantity sold in each economic transaction. Understanding how markets function is crucial for managers to achieve goals of maximizing profit and firm’s value. Students will learn fundamental economic theories, and how to apply those theories for better managerial decision making. Beyond the level of individual decision making, a bigger picture of market structure will be studied, ranging from types of monopoly, oligopoly, to perfect competition. Market structure plays a significant role in determining industry competition level. Practical industry applications in relevant context and real business cases will be discussed. The objective here is to stimulate strategic thinking on possible economic competition and business situations a manager may encounter.
*Restrict to students of College of Management.
*Restrict to graduate students
Online Course Requirement
Global MBA, College of Management
Site for Inquiry
Please inquire about the courses at the address below.
Email address: http://www.management.ntu.edu.tw/en/GMBA