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IU · Course
3 credits · Business (Kelley) (BUS)
The main theme in the course is the application of formal analysis to managerial decisions in a variety of settings. We begin by using optimization theory to analyze the classical supply and demand model of large markets, in which firms make production decisions based on a market price that they cannot affect. Then, we move on to markets with fewer firms, using game-theoretic tools to study managerial decisions in an environment where those decisions impact the market as a whole. Lastly, we consider the firm as a unit, focusing on more advanced pricing strategies and contracting. This latter part of the course relies heavily on recent work in information economics. Credit not given for both G300 and G304.
Official course information from Kelley School of Business course catalog · Last checked Oct. 2026. Being in the catalog doesn't mean it's offered every term. Ratings and reviews are from College Actually students. College Actually is independent and not affiliated with Indiana University.
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