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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-Developing the ability to understand and analyze managerial economics concepts.
2Gaining the competence to associate economic theories with business and management decisions.
3Developing the ability to apply microeconomics and macroeconomics principles in business and management
4Gaining the competence to understand company behavior and analyze competitive strategies.
5Developing the ability to analyze economic data and apply it to management decisions.
6Students will be able to produce solutions to theoretical and practical problems of Managerial Economics through the methods they have learned and the skills they have acquired.

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
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L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes