AEM 4100
Last Updated
- Schedule of Classes - April 13, 2023 2:00PM EDT
- Course Catalog - April 12, 2023 7:14PM EDT
Classes
AEM 4100
Course Description
Course information provided by the Courses of Study 2022-2023.
Strategic management of businesses. Quantitative market analysis; costs, production processes, and firm organization; principle agent problems, market structure, pricing strategies.
When Offered Fall.
Prerequisites/Corequisites Prerequisite: AEM 2600 or ECON 3030 or equivalent.
Outcomes
- Demand: Students will have an in depth understanding of markets and the importance of elasticities (price, income, advertising)and be able to utilize this knowledge for proper managerial decisions.
- Estimation: Students will be able to formulate and estimate simple statistical relations and interpret the output to improve managerial decisions.
- Input Usage: Students will be able to articulate the different aspects of hiring inputs in the short run and the long run.
- Principal Agent Issues: Students will be able to discuss the importance of tying pay to performance, but also the issues that arise from variable compensation schemes.
- Pricing Strategies: Students will be able to describe and implement various pricing strategies, including optimal markups, optimal price, types of price discrimination, and transfer pricing, to name a few.
Regular Academic Session.
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Credits and Grading Basis
3 Credits GradeNoAud(Letter grades only (no audit))
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Class Number & Section Details
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Meeting Pattern
- TR Warren Hall B25
- Aug 22 - Dec 5, 2022
Instructors
Alexander, T
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Additional Information
Instruction Mode: In Person
Prerequisite: AEM 2600 or ECON 3030; or equivalent.
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