COURSE INFORMATION
Course Title: MANAGERIAL ECONOMICS
Code Course Type Regular Semester Lecture Recit. Lab Credits ECTS
ECO 505 A 3 - - - 3 6
Lecturer and Office Hours: Güngör Turan
Teaching Assistant(s) and Office Hours: -
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: N/A
Course Description: -
Course Objectives: The main aim of this course is to teach how to improve students' managerial decision making skill on management by using economic tools.
COURSE OUTLINE
Week Topics
1 Theaching methodology, implementation of the course and the nature and scope of managerial economics
2 Optimization techniques and new management
3 Demand theory
4 Demand estimation and forecasting
5 Production theory and estimation
6 Cost theory and estimation
7 Market structure:introduction
8 Market structure:perfect com, monopoly, and monopolistic com
9 Market structure: oligapoliy
10 Pricing strategies-1
11 Pricing strategies-2
12 Application-1
13 Application-2
14 Application-3
Prerequisite(s): Only students who graduates any undergraduate program of economics, finance and business can take this course.
Textbook: Salvatore D., Managerial Economics-Principles and Worldwide Application, Oxford University Press, 2007. Acemoglu, Daron and James Robinson (2012): Why Nations Fail, Crown Business
Other References: Salvatore D., Managerial Economics-Principles and Worldwide Application, Oxford University Press, 2007.
Laboratory Work: N/A
Computer Usage: N/A
Others: No
COURSE LEARNING OUTCOMES
1 Improving students managerial skills by using economic tools
2 Improving students decision making skill on management by using micro and macroeconomics
3 Improving students anamytical and emprical skill in management
4 Understanding and learning contemprary management issues by using economics
5 Having professional and science knowledge on business economics
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
COURSE EVALUATION METHOD
Method Quantity Percentage
Term Paper
1
100
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) 3 16 48
Hours for off-the-classroom study (Pre-study, practice) 3 16 48
Mid-terms 0
Assignments
Final examination 0
Other 1 54 54
Total Work Load:
150
Total Work Load/25(h):
6
ECTS Credit of the Course:
6