This course focuses on the problem of business decisions, making extensive use of cases. Topics include basic supply-demand theory and marginal analysis, the structure of decision problems, the impact of the market setting (i.e., competitive, oligopolistic or monopolistic structures) and strategic interactions among firms using game theory. The emphasis throughout is on the use of economic reasoning to solve actual business decision problems.
Jerome A. Chazen Professor of Global Business; Chair of Economics Division
Professor Khandelwal teaches an elective course on International Business. His research interests examine issues in international and development economics, including the strategic response of firms to trade liberalizations and increased international competition.