COURSE INFORMATION Course Title: MANAGERIAL ECONOMICS

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
ECO 505	B	3	3	0	0	3	7.5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Main Course Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Prof.Dr. Güngör Turan gturan@epoka.edu.al , 16.00-18.00 PM Thursdays
Second Course 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:	Compulsory
Study program: (the study for which this course is offered)	Master of Science in Economics
Classroom and Meeting Time:	18.00-20.45 PM on Thursdays
Code of Ethics:	Code of Ethics of EPOKA University Regulation of EPOKA University "On Student Discipline"
Attendance Requirement:	%70
Course Description:	The course is devoted to a detailed study of an individual research theme on an assigned theoretical or applied business problem using application of economic theory (micro and macro) and the tools of analyses of decision decision science (math economics) to examine how a company achieve its aims or objectives most efficiently. Each student prepares a paper during the semester. The student is advised by an instructor in his/her research and is expected to write regular progress reports so that specific problems and aspects of his/her work can be discussed.
Course Objectives:	Learning and understanding of how to use economic theory and decision making tools in managerial cases.

BASIC CONCEPTS OF THE COURSE

1	managerial economics
2	managerial decision making
3	micro and macroeconomic tools
4	mathematical economics
5	data science
6	demand theory
7	production and cost theory
8	market structure and pricing
9	regulation and antitrust
10	risk and uncertainty

COURSE OUTLINE

Week	Topics
1	Introduction to teaching method, implementation of the course/syllabus and summary of topics/weeks
2	The nature and scope of managerial economics: managerial decision making
3	Demand analysis: theory and cases
4	Production and cost analysis: theory and cases
5	Market structure and pricing-1: theory and cases
6	Market structure and pricing-2: theory and cases
7	Regulation and antitrust-1: cases
8	Regulation and antitrust-2: cases
9	Regulation and antitrust-3: cases
10	Regulation and antitrust-4: cases
11	Final Project presentations-1
12	Final Project presentations-2
13	Final Project presentations-3
14	Final Project presentations-4

Prerequisite(s):	no
Textbook(s):	Dominick Salvatore, Managerial Economics principles and worldwide applications
Additional Literature:	-
Laboratory Work:	not required
Computer Usage:	internet access in the classroom
Others:	No

COURSE LEARNING OUTCOMES

1	Introduction to teaching method, implementation of the course/syllabus and summary of topics/weeks
2	The nature and scope of managerial economics: managerial decision making
3	Demand analysis: theory and cases
4	Production and cost analysis: theory and cases
5	Market structure and pricing-1: theory and cases
6	Market structure and pricing-2: theory and cases
7	Regulation and antitrust-1: cases
8	Regulation and antitrust-2: cases
9	Regulation and antitrust-3: cases
10	Regulation and antitrust-4: cases

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

No	Program Competencies	Cont.
Master of Science in Economics Program
1	Students apply advanced knowledge in economics	5
2	Students explain the interaction between related disciplines and economics	5
3	Students apply scientific methods to address economic problems	5
4	Students define existing theory in a specialized branch of economics	4
5	Students critically evaluate knowledge in economics and carry out advanced research independently	4
6	Students develop economic models and formulate policy options	4
7	Students make an original contribution to the discipline	4
8	Students effectively communicate in a variety of professional and academic contexts	5
9	Students will develop new strategic approaches for unexpected, complicated situations in economics and take responsibility in solving them	5
10	Students uphold and defend ethical values data collection, interpretation and dissemination	4
11	Students use advanced empirical analyses to address social problems	4
12	Students interact with professional networks in their field of specialization	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Presentation	1	40
Project	1	60
	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)	6	23.25	139.5
Mid-terms	0	15	0
Assignments			0
Final examination	0		0
Other	0		0
Total Work Load:			187.5
Total Work Load/25(h):			7.5
ECTS Credit of the Course:			7.5

CONCLUDING REMARKS BY THE COURSE LECTURER

The student is learning and understanding how to use economic theory and decision making tools in management and organization of the companies.