Decision-making by businesses and consumers underlies our economic system. This class applies economic theory to build better understanding of complex decision making within organizations and strategic interactions between firms, along with a detailed examination of budget-constrained consumer decision-making. Other topics include decision-making involving production, resource use, risk management, scale and scope of operations, competitive advantage, and product pricing; game theory; and government intervention in markets. Prerequisite: ECON 101, ECON 102, and MATH 154 or equivalent. Not open to students with previous credit in ECON 281.