COURSE INFORMATION Course Title: APPLIED MANAGERIAL ECONOMICS

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
ECO 503	C	2	3	0	0	3	6

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Naqeeb Ur Rehman
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Elective
Classroom and Meeting Time:
Course Description:	-
Course Objectives:	Managerial economics is one of the most important subject which can help students in their professional career. Trough this course, students would be able to learn economic analysis using micro level theories.

COURSE OUTLINE

Week	Topics
1	Introduction
2	Supply and demand curves
3	Price elasticity of demand
4	Production function
5	Estimation of cost (quiz 1)
6	Perfect competition
7	Review and exercises
8	Mid Term
9	Monopolistic competition
10	Game theory
11	Capital budgeting
12	Capital budgeting (cont.)
13	Exercises (quiz 2)
14	Review Session

Prerequisite(s):
Textbook:	Managerial Economics, Economic Tools for Decision Makers, Paul. G. Keat and Young, 5th Edition.
Other References:	Economics, Lipsey and Chrystal
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	Why managerial economics is important?
2	Demand and supply mechanism
3	Price elasticity of demand
4	Costs of the firm in the short and long run
5	Production fuction
6	Theory of market structure
7	Perfect competition
8	Monopolistic competition and Game theory
9	Class exercises
10	Capital budgeting

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Professional Master in Banking and Finance Program
1	The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way.	5
2	They have knowledge about the finance and banking.	5
3	They have knowledge about the money and banking.	5
4	They have knowledge about the international finance and banking.	5
5	They have ability to use mathematical and statistical methods in banking and finance.	5
6	They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.	5
7	They have necessary banking and finance skills that needed in private and public sector.	5
8	They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking.	5
9	They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance.	5
10	They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics.	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	30
Project	1	10
Quiz	1	7.5
Final Exam	1	47.5
Attendance		5
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	1	42	42
Mid-terms	1	3	3
Assignments	1	14	14
Final examination	1	3	3
Other	1	40	40
Total Work Load:			150
Total Work Load/25(h):			6
ECTS Credit of the Course:			6