COURSE INFORMATON
Code
Semester
L+P Hour
Credits
ECTS
ECON 504
Fall-Spring
3+0
3
5
Course Title
Managerial Economics
Prerequisites
Language of Instruction English
Course Level
MBA Program
Course Type
Compulsory
Course Coordinator
Instructors
Assistants
Goals
The scope and methods of microeconomics and macroeconomics
Content
Basic information related to nature of economics and the economic problems as
inflation, growth and unemployment.,
Program
Learning
Outcomes
Learning Outcomes
Basic concepts of managerial economics
4, 12,14,15
The economic way of thinking to business issues
4, 12,14,15
The usage of managerial economics terminology
appropriately
4, 12,14
The usage of managerial economics analysis tool
4, 12,14
Teaching
Methods
Assessment
Methods
1,2,3
A, B
1,2,3
A, B
1,2,3
A, B
1,2,3
A, B
Teaching Methods: 1: Lecture, 2: Question-Answer, 3: Discussion, 9: Simulation, 12: Case Study
Assessment
Methods:
A: Testing, B: Homework, C: Performance
COURSE CONTENT
Week Topics
1 Demand Theory
2 Demand Theory
Study Materials
3 Demand Theory
4 Production and Cost
5
6
Production and Cost
Production and Cost
7 Production and Cost
8 Market Structure, Strategic Behavior, and Pricing
9 Market Structure, Strategic Behavior, and Pricing
10 Market Structure, Strategic Behavior, and Pricing
11 Risk, Uncertainty, and Incentives
12 Risk, Uncertainty, and Incentives
13 Risk, Uncertainty, and Incentives
14 Review
15 Review
16 Final Exam
RECOMMENDED SOURCES
Textbook
Managerial Economics: Theory, Application and Cases, by E. Mansfield, W. B.
Allen, N. A. Doherty, and K. Weigelt.
Additional Resources
MATERIAL SHARING
Documents
Assignments
Exams
ASSESSMENT
IN-TERM STUDIES
NUMBER
Mid-terms
PERCENTAGE
1
60
2
40
Quizzes
Assignment
Total
100
CONTRIBUTION OF FINAL EXAMINATION TO OVERALL
GRADE
50
CONTRIBUTION OF IN-TERM STUDIES TO OVERALL
GRADE
50
Total
100
Expertise/Field Courses
COURSE CATEGORY
COURSE'S CONTRIBUTION TO PROGRAM
No Program Learning Outcomes
Contribution
1 2 3 4 5
1
Ph.D. candidates gain knowledge and skills to interpret and criticize many theories,
models, and paradigms related to different perspectives that developed in the fields of
business (organization and administration, organization behavior, marketing, finance,
human resources, production technology, etc.) and social sciences and evaluation of
scientific studies and research presented at scientific meetings
X
2
Ph.D. candidates learn to track and interpret the changes, innovations and
developments in business administration or in other fields of social sciences, and as
practitioners determine the organizational and managerial problems, create innovative
solutions in the light of this information.
X
3
Ph.D. candidates gain knowledge, ability, and responsibility to carry out unique
scientific and academic researches independently or in partnership with other
X
researchers in the field of social sciences, and to publish the research results in forms
of book, article, report and to present for discussing in scientific areas.
4
Ph.D. candidates become managers based on ethical issues, leaders, or academicians
who have consciousness of a sustainable environment, social responsibility and active
citizenship in the scientific environment in the university, in the close relationship
with outstanding faculty members, selected guest speakers and the teammates who
they are educated together.
5
Ph.D. candidates learn that the employees of the national and international
organizations they manage come from different backgrounds and culture, cultural
conflicts occur in mergers and cross-country mobility of the labor force, in a scientific X
environment and evolve as successful managers and leaders who can manage cultural
differences.
6
7
8
9
Ph.D. candidates gain leadership qualifications to make rational decision-making for
long-term strategic planning and application of plans in the organizations they work.
X
X
Ph.D. candidates learn that strategic management is teamwork and results can be
X
achieved only by working as teams.
Ph.D. candidates learn that information developed in different fields of social sciences
complete each other and in scientific studies, having multidisciplinary approach and
viewpoint is inevitable.
In long-term doctoral studies, Ph.D. candidates prepare papers and presentations in
English and they criticized for improvement of their studies, they gain effective
communication skills in both their native language and in English.
Ph.D. Candidates experiences how rapid is production and development of
10 information in social sciences and in business administration and learn that life-long X
learning is inevitable.
X
X
ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities
Quantity
Total
Duration
Workload
(Hour)
(Hour)
Course Duration (Including the exam week: 15x Total course hours)
16
3
48
Hours for off-the-classroom study (Pre-study, practice)
15
3
45
Mid-terms
1
3
3
Homework
2
8
16
Final examination
1
20
20
Total Work Load
129
Total Work Load / 25 (h)
5,28
ECTS Credit of the Course
5