The first part of the course covers managerial economics: understanding of economics and the application of economic analysis in the context of the needs of management and of managerial decision-making in today's changing environment. The second part of the course covers the basic concepts in finance. Topics include time value of money, valuation of securities, capital budgeting including computation of cash flows, NPV, IRR, portfolio theory and capital asset pricing model, and rudimentary concepts about options and futures contracts. Registration is limited to students on the MSc program in Engineering Enterprise Management only.