The page uses Browser Access Keys to help with keyboard navigation. Click to learn moreSkip to Navigation

Different browsers use different keystrokes to activate accesskey shortcuts. Please reference the following list to use access keys on your system.

Alt and the accesskey, for Internet Explorer on Windows
Shift and Alt and the accesskey, for Firefox on Windows
Shift and Esc and the accesskey, for Windows or Mac
Ctrl and the accesskey, for the following browsers on a Mac: Internet Explorer 5.2, Safari 1.2, Firefox, Mozilla, Netscape 6+.

We use the following access keys on our gateway

n Skip to Navigation
k Accesskeys description
h Help
    Pepperdine University
  Jan 22, 2018
2017-2018 Graziadio Academic Catalog 
2017-2018 Graziadio Academic Catalog

ECNM 469 Managerial Economics (4)

This course analyzes the economics of the enterprise (its production, revenues, costs, and profits in relation to the business environment); examines industrial organization in terms of market structure, conduct, and performance as it relates to competition and anti-competitive practices; and considers the similarities and differences of resource allocation in the private versus the public sectors.

Student Learning Outcomes
  1. Understanding the fundamental theories of economics: the factors of production, resource allocation, trade-offs, marginality, incentives, production possibilities, and the standard of living.
  2. Understanding how the economy coordinates interdependent producers and consumers of goods and services.
  3. Understanding the fundamentals of price theory.
  4. Understanding the costs of production.
  5. Understanding competitive markets, monopolistic competition and monopoly.