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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 420MANAGERIAL ECONOMICS3 + 06th Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Elective
Course Objective Apply to economic theory and quantitative methods to the managerial decision-making process. Explain to firms producing process in different market types. Analyze to effects of risk and uncertainty on firm’s decision process. Explain to market failure and government interventions on firms.
Course Content Demand theory, production and costs, perfect competition, monopoly, duopol, oligopoly and imperfect competition, market types and pricing, market failure and government interventions.
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1-

COURSE'S CONTRIBUTION TO PROGRAM
Data not found.

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14342
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments11010
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






130

5
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2020-2021 Spring1SİNEM PINAR GÜREL
Details 2014-2015 Spring1SİNEM PINAR GÜREL
Details 2013-2014 Spring1FAHRETTİN DİNGİL
Details 2012-2013 Spring1SİNEM PINAR GÜREL
Details 2011-2012 Spring1CEMİL ÇİFTÇİ


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 420 MANAGERIAL ECONOMICS 3 + 0 1 English 2020-2021 Spring
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Assoc. Prof. Dr. SİNEM PINAR GÜREL pgurel@pau.edu.tr İİBF A0206 İİBF C0207 %
Goals Apply to economic theory and quantitative methods to the managerial decision-making process. Explain to firms producing process in different market types. Analyze to effects of risk and uncertainty on firm’s decision process. Explain to market failure and government interventions on firms.
Content Demand theory, production and costs, perfect competition, monopoly, duopol, oligopoly and imperfect competition, market types and pricing, market failure and government interventions.
Topics
WeeksTopics
1 Introduction to Managerial Economics, Relationships of Managerial economics to other disciplines
2 Demand and Supply, Equilibrium Price
3 The Theory of the Firm, Profit levels
4 Empirical Methods in Demand Analysis, Elasticities
5 Estimating and Forecasting Demand
6 Consumer Behaviour and Rational Choice
7 Production Theory
8 Midterm Exams
9 Cost Analyses
10 Market Structure, Strategic Behaviour and Pricing
11 Perfect Competition and Monopoly
12 Monopolistic Competition and Oligopoly
13 Risk Analyses and Capital Budgeting
14 Government and Business and International Trade
Materials
Materials are not specified.
Resources
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam60Final Exam
Midterm Exam40Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes