Dokuz Eylül University Information Package / Courses Catalog

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type Of Course	D	U	L	ECTS
ECO 4212	MANAGERIAL ECONOMICS	ELECTIVE	3	0	0	6

Offered By

Economics (English)

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ISTEMI BERK

Offered to

International Trade and Business (English)
Economics (English)
International Business and Trade (English)

Course Objective

This course provides a general discussion on a wide variety of microeconomic topics, with a slant toward how firm managers apply the information to business problems. This course will apply the tools of economic analysis to various business-related problems to illustrate a common core of analytic methods.

Learning Outcomes of the Course Unit

1	Provide better understanding on how firm managers apply the information to business problems.
2	Demonstrate understanding of the application of economic theory and the tools of decision science to examine how an organization can achieve its aims or objectives most efficiently.
3	Identify different kinds of market structures, allowing the learner to recognize the business environment in which a firm operates.
4	Demonstrate understanding strategic decision-making process of firms in business environment.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

ECO 2001 - MICROECONOMICS I

Recomended Optional Programme Components

None

Course Contents

Week	Subject	Description
1	Review of calculus and optimization techniques	Textbook/Lecture Notes
2	Demand Theory	Textbook
3	Demand Estimation	Textbook
4	Demand Forecasting	Textbook
5	Production	Textbook
6	Costs	Textbook
7	Costs	Textbook
8	Perfect Competition	Textbook
9	Pricing	Textbook
10	Monopolistic Competition	Textbook
11	Oligopoly	Textbook
12	Game Theory	Textbook
13	Game Theory	Textbook
14	Government and Markets	Textbook

Recomended or Required Reading

Managerial Economics (2004), Advin Mansfield, W.B Allen, N. A. Doherty, K. Weigelt, Norton

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Reading

Assessment Methods

SORTING NUMBER	SHORT CODE	LONG CODE	FORMULA
1	MT	Midterm
2	FN	Final
3	FCG	FINAL COURSE GRADE	MT * 0.40 + FN * 0.60
4	RST	RESIT
5	FCGR	FINAL COURSE GRADE (RESIT)	MT * 0.40 + RST * 0.60

Further Notes About Assessment Methods

1. Midterm
2. Final

Assessment Criteria

1. The learner will clearly define microeconomic concepts
2. The learner will build econometric models to estimate demand for a firm s product.
3. The learner will clearly define basic concepts used in non-cooperative game theory.
4. The learner will clearly define strategies form by the firms in business environment.
5. The learner will identify the market structure in which a specific product is produced and sold.
6. The learner will clearly define scale economies, scope economies and managerial efficiency concepts

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours