ECON 157 CM - Advanced Management and Control

Discusses decision making in the management and control of profit-making organizations. Explores optimal pricing and product-mix decision, compensation schemes for managers, and management control systems. Covers quantitative methods incluing models of uncertainty and use of financial and non-financial performance measures in the management and control of organizations. Relates ecomically prescribed judgements and decisions to actual human behavior observed in research.

Prerequisite: ECON 151 CM or equivalent with permission of instructor.

Offered: Every year

Credit: 1

Course Number: ECON157 CM