This course involves the application of economic methods in the managerial decision-making process. Do the people in your organization have the incentives to make the right choices? Are their goals aligned with the overarching objective of creating value? What is the optimal quantity of a good or service that a business should produce? How should a business price a good or service? This course will teach you how to solve real-world business problems and avoid common errors.

Explores theories of how people make decisions. Examines assumptions of rationality and alternative explanations. Applies theories to business decisions. Builds skills in experimental design, reading original research literature, building behavioral theory, executing original experimental research, and applying statistics.