EPOKA UNIVERSITY
FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
DEPARTMENT OF ECONOMICS
COURSE SYLLABUS
2023-2024 ACADEMIC YEAR
COURSE INFORMATIONCourse 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 Business Administration |
Classroom and Meeting Time: | 18.00-20.45 PM on Mondays |
Code of Ethics: |
Code of Ethics of EPOKA University Regulation of EPOKA University "On Student Discipline" |
Attendance Requirement: | %75 |
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 | micro theory |
3 | macro theory |
4 | firm theory |
5 | pricing |
6 | competition |
7 | optimization |
8 | market structures |
9 | profit max |
10 | cost min |
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 | Discussion and review final projects-1: introduction and literature review |
8 | Discussion and review final projects-2: methodology: conducting a survey |
9 | Discussion and review final projects-3: empirical analysis and results |
10 | Discussion and review final projects-4: conclusion and recommendations |
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, Oxford University Press, 2019. |
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 | Empirical comparative case study: introduction and literature review |
8 | Empirical comparative case study: methodology |
9 | Empirical case study: analysis and results |
10 | Empirical case study: conclusion and recommendations |
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution) |
No | Program Competencies | Cont. |
Master of Science in Business Administration Program | ||
1 | Integrate theories from business and economics to tackle business problem | 5 |
2 | Inspire an open minded-attitude through continuous learning and team-work. | 5 |
3 | Demonstrate ethical, social, and legal responsibilities in organizations | 5 |
4 | Organize and pursue scientific research projects | 5 |
5 | Enhance persuasive communication and presentation capabilities. | 5 |
6 | Critically evaluate contemporary research in specific business areas. | 4 |
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 will get how to use economic theory in solving managerial decision problems. |