Overview
Managerial Economics
Economic vs. Accounting Profits
Opportunity Cost
Market Interactions
The Time Value of Money
Present Value of a Series
Net Present Value
Firm Valuation
Marginal (Incremental) Analysis
Net Benefits
Marginal Benefit (MB)
Marginal Cost (MC)
Marginal Principle
The Geometry of Optimization
Summary
Email: hennessy@iastate.edu
Home Page: http://www.econ.iastate.edu/classes/econ532/hennessy/index.html
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