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Course Description
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Course Name
Managerial Economics
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Host University
Anglo-American University
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Location
Prague, Czech Republic
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Area of Study
Economics
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Language Level
Taught In English
Hours & Credits
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Overview
Description
This course is focused on application of economic thinking on various problems and decisions faced by managers. The course covers several concepts from contemporary microeconomics: game theory, principal agent theory and contract theory, decision making under uncertainty, and behavioral economics. The course first builds a theoretical foundation and then applies the theories to specific problems faced by managers using case studies and examples from businesses.