Use of economic concepts and models to make strategic business decisions (adverse selection, game theory, price discrimination, strategic commitment, barriers to entry, network effects). Economics of strategic responses to the legal environment (regulations, antitrust policies, intellectual property, fiduciary duty, liability). Only one of the following may be counted: Economics 350K (Topic: Econ Prins of Decisions), 351N, Finance 372 (Topic 10), 372T (Topic 10). Three lecture hours a week for one semester.