Published on June 16, 2014
PowerPoint Presentation: SYLLABUS FOR ECO 550 FINAL EXAM The ECO 550 FINAL EXAM covers assignment in decision making which is based on the demand and sales forecasting, operations related decision, change in pattern for market model and also long-term decisions related to investment. This is a five week long course with assignments for each course week. In week one the assignment is related to making decisions which are based upon demand and sales forecasting. In week two the assignment comprises of operations decision. In week three, the assignment describes about the change in the pattern of market model. In week five the assignment is made such as to make decisions for long term investments. The ECO 550 FINAL EXAM course applies all the relevant theories of economics in order to develop a framework for analysis and different techniques that the managers can include in deciding how one can allocate the organization’s scarce resources more appropriately in order to achieve the organizations goal. This course uses the concept of economic analysis in order to support the decisions taken to promote competitiveness in a surrounding of ever changing international and domestic market condition, all the government regulations and policies, resource availability and trade policies. It also helps I analyzing that how the integration of the global economy will affect the production, pricing decisions for the company operating in various different marketing structure. The outcomes from the course is that it helps to assess how the managerial economics can be used I taking a decision in a business venture and also to analyze that how the production and other cost related functions for the long run and short run affect the business strategy of a company. It also helps in relating the concepts of macroeconomics in bringing a change to the national and global markets.