ADVANCED MANAGERIAL ECONOMICS
- Course
- BUSN607 - ADVANCED MANAGERIAL ECONOMICS
- Department
- Business Administration - English - PhD
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 0
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- -
- Prerequisite
- -
- Keywords
- -
Course Description
-
ADVANCED MANAGERIAL ECONOMICS
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
- 01 1- analyze the theory of consumer such as demand, choice and preferences
- 02 2-understand supply side by analyzing firm's decisions with cost-minimization and profit max framework
- 03 3- find solutions for the problems faced in competitive market, monopolies and oligopolies
- 04 4- contribute to the business sector with the advanced policies
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Demand Analysis |
| Week 2 | Business and Economic Forecasting |
| Week 3 | Managing in the Global Economy |
| Week 4 | Production Economics |
| Week 5 | Cost Analysis |
| Week 6 | Articles discussion |
| Week 7 | Prices, Output, and Strategy: Pure and Monopolistic Competition |
| Week 8 | Price and output Determination: Monopoly and Dominant Firms |
| Week 9 | Price and Output Determination:Oligopoly |
| Week 10 | Best-Practice Tactics: Game Theory |
| Week 11 | Articles discussion -Quiz |
| Week 12 | Contracting, Governance, and Organizational Form |
| Week 13 | Auction Design and Information Economics |
| Week 14 | Government Regulation |
| Week 15 | Long-Term Investment Analysis |
Reference Books & Course Materials
- 01 Economics for Managers, James R. Mcguigan, R. Charles Moyer and Frederick H. deB. Harris, 2011, 12th Edition, ISBN 13:978-0-538-47038-4
- 02 Published articles in internationally indexed journals
Learning Outcomes
- L01 1- analyze the theory of consumer such as demand, choice and preferences
- L02 2-understand supply side by analyzing firm's decisions with cost-minimization and profit max framework
- L03 3- find solutions for the problems faced in competitive market, monopolies and oligopolies
- L04 4- contribute to the business sector with the advanced policies
Program Outcomes
- P01 PO1 Become competent in searching and comprehending the relevant academic articles, interpreting the information learnt or obtained via various channels and absorbing exceptional knowledge in their field.
- P02 PO2 Devoted themselves to be a qualified researcher and knowledge worker in their field all throughout their life and career.
- P03 PO3 Demonstrated that they developed their individual capabilities through written projects, assignments and presentations that they will independently implement both in academia and work contexts.
- P04 PO4 Gained key practical skills and knowledge which need to be implemented in their own research and business work environment.
- P05 PO5 Been able to implement critical and analytical thinking and analyses into their studies, research and work.
- P06 PO6 Become proficient in adopting the gained knowledge into practice and research in a critical, and analytical way.
- P07 PO7 Become experts in using information technology tools for their studies, research and workplace in an ethical and safely environment by sharing and transferring their knowledge.
- P08 PO8 Succeeded in working, researching and forming partnerships with their colleagues/team members in a global environment.
- P09 PO9 Proved themselves capable of disseminating and sharing knowledge, sustainingly communicating with others, in any global workplace or research setting.
- P10 PO10 Become capable of interpreting and transferring their qualified knowledge into practice and research.
- P11 PO11 Dedicated themselves to applying advanced academic studies and enrolled themselves in work or non-work projects related to environmental approaches and ethical issues.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | P10 | P11 | Average |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - | - | - |
| L02 | - | - | - | - | - | - | - | - | - | - | - | - |
| L03 | - | - | - | - | - | - | - | - | - | - | - | - |
| L04 | - | - | - | - | - | - | - | - | - | - | - | - |