Managerial Economics is concerned with the application of economic principles and methodologies to key management decisions within organizations. It provides principles to foster the goals of the organization, as well as a better understanding of the external business environment in which an organization operates, focusing in particular on the global scale.

Topics will span from the various theories of the firm, to the management of intellectual property rights in a global context, corporate finance, and multinational corporations. While the material is theoretical and analytical, it is not mathematically technical.