An intermediate-level study of microeconomic theory emphasizing applications to managerial decision-making in such areas as market and risk analysis, demand forecasting, production and cost analysis, product pricing, profit planning, and capital budgeting. Goals of firms and the use of economic theory in achieving them are examined and evaluated. Prerequisites: Economics 221; Information Systems 171; Mathematics 143, 243, or 343; and Economics 200 (business majors) or Mathematics 132 or 161 (economics majors).