Course Syllabus AE11 - Managerial Economics

 

  SCHOOL OF _BUSINESS  AY _2019 - 2020 

COURSE SYLLABUS  COURSE CODE

 

AE1 

COURSE TITLE 

Managerial Economics 

COURSE DESCRIPTION 

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COURSE UNIT: __units __ units   CLASS CONTACT HOURS: 48  (4.5 hours a week x 12) PRE/CO-REQUISITE:   COURSE OBJECTIVES 

  Managerial economics refers to the application of economic

theory and the tools of analysis of decision science to examine how a firm can make optimal managerial decision in the face of the constraints it faces.  Three (3) units  4.5 hours a week x 14 

None ( Managerial Economics in a Global Economy – Third Edition (International Edition 2001) Irwin/McGraw-Hill

  To provide a unifying theme of managerial decision making

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TIME ALLOTMENT  Wk1 

around the theory of the frim  To introduce an international dimension into managerial economics to reflect the globalization globalization of production in today’s world.  To show how managerial decision are actually made in the real real world 

TOPIC  The Nature and Scope of Managerial Economics 

TEACHING STRATEGIES 

  Group

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Wk2 

Optimization Techniques and New Management Tools 

  Group

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Wk3 

  Demand Theory    Demand Forecasting 

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  Group

 

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Production Theory and Estimation 

discussion Lecture using audio-visual presentation 

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Wk4 

discussion Lecture using audio-visual presentation

discussion Lecture using audio-visual presentation

  Group

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discussion Lecture using audio-visual

OUTCOME MEASURES 

 

presentation Wk5 

Cost Theory and Estimation 

  Group

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Wk6 

Linear Programming 

discussion Lecture using audio-visual presentation

  Group

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discussion Lecture using audio-visual presentation

Wk7 

Market Structure: Perfect Competition, Monopoly,, and Monopolistic Competition  Monopoly

  Group

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Wk8 

Oligopoly and Strategic behavior 

  Group

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Wk9 

Pricing Practices 

discussion Lecture using audio-visual presentation

discussion Lecture using audio-visual presentation

  Group

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discussion 

using   Lecture audio-visual presentation

Wk10 

Regulation and Antitrust – The Role of Government in the Economy 

  Group

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Wk11 

Risk Analysis

  Group

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Wk12 

Long-Run Investment Decision – Capital budgeting

discussion Lecture using audio-visual presentation

discussion Lecture using audio-visual presentation

  Group

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discussion using   Lecture audio-visual

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presentation Wk Wk  Wk  Wk  Wk Wk Wk Wk  Wk  Wk  REFERENCES 

 

GRADING SYSTEM 

Attendance  Class participation  Midterm  Final  TOTAL 

10%  30%  30%  30%  100%