ECON 4550 - The Economics of Strategy

3 Credit Hours 3 Class Hours 0 Laboratory Hours
Prerequisites Business Majors: Sophomore GPA Requirement and ECON 2300; Non business Majors: 60 credit hours including ECON 2200 and permission of department chair.
An economic analysis of the fundamental issues that underpin the firm’s strategic pricing, production, and resource allocation decisions in alternative competitive environments. Topics include the horizontal, vertical and corporate boundaries of the firm, the nature of competitive markets and competitive interactions among firms, how the firm positions itself to compete, and how the firm designs its organizational architecture to support its competitive goals.