Open AccessTeaching Managerial Economics In MBA Programs: A Survey Of AACSB Colleges
Author(s) -
Bharat R. Kolluri,
Rao Singamsett
Publication year - 2007
Publication title -
journal of college teaching and learning/journal of college teaching and learning
Language(s) - English
Resource type - Journals
eISSN - 2157-894X
pISSN - 1544-0389
DOI - 10.19030/tlc.v4i9.1547
Subject(s) - order (exchange) , economics education , accounting , information economics , managerial economics , higher education , economics , business economics , microeconomics , finance , economic growth
There is a significant variation in the managerial economics course in terms of the prerequisites, contents and delivery in the MBA programs of AACSB institutions. In order to get detailed information on these aspects, we conducted a survey of 275 AACSB institutions and reported the results. Briefly, the survey indicates that majority of the programs require principles of economics and business statistics as prerequisites among other things. Based on the survey results, the paper strongly recommends a two course sequence in economics, an introduction to economics as a prerequisite and a managerial economics course in the core of the MBA program.