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Contact Information: Dr. Caviglia-Harris ("Ca-veal-ya") Caruthers Hall 180B / (410) 548-5591 Office Hours: Mon/Wed: 1:00-2:30, Tues: 10:00-12:00; or by appointment email: jlcaviglia-harris@salisbury.edu web page: http://facultyfp.salisbury.edu/jlcaviglia-harris Managerial Economics is the study of how firms make decisions within their organizations and how these decisions are influenced by different incentive structures. The course applies economic principles and methodologies to business decision problems relating to costs, prices, revenues, profits, and competitive strategies and provides an analytical base for study of the corporate strategy process. Basic economic theory, and the application of this analysis to management decision making, are covered first. The general model used for this application is organizational architecture consisting of three aspects of corporate organization. Theory is then applied to topics such as performance evaluation, leadership, understanding the business environment and ethics. Most course material will be provided to you through this web page. You will need to download Adobe Acrobat Reader, if you do not already have it to receive copies of the homework answers and course syllabus. Feel free to contact me through email as often as you like. I read and respond to emails on a regular basis.
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