Application of statistical methods and economic theory to business and managerial decision making. The course covers a range of analytical tools useful in solving problems that arise in managing firms' operations. Particular examples include regression analysis, linear programming, forecasting, time value of money, break-even analysis, statistical quality control, pricing, production, demand and cost functions. Prerequisites: ECON*200, ECON*202, and ECON*240. Distribution Requirements: QR, SB.