1. Interpret and successfully apply economic concepts of supply and demand for effective organizational problem-solving.
2. Apply quantitative methods to forecast complex business variables including demand, supply, production, and costs.
3. Critically analyze production processes and cost functions and classify the main forms of market structures as well as recommend appropriate pricing and strategies.
4. Critically evaluate the role and impact of various forms of government intervention in the economy including
the implications of competition and deregulation policy for managerial practices.
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