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Managerial Economics

 

PİRİ REİS UNIVERSITY

GRADUATE SCHOOL OF SOCIAL SCIENCES

Course Name : Managerial Economics

Degree: Graduate (Non-Thesis)

 

Code

 

 

Year/Semester

 

Local Credits

 

ECTS Credits

 

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

MBA 512

2017-2018/Spring

3

6

 

 

 

Department

MBA

Instructors

 

Assoc. Prof Burhan Can Karahasan

Contact Information

 

bckarahasan@pirireis.edu.tr

Office Hours

Friday and Saturday (13:00-15:00)

Web page

www.pirireis.edu.tr

Course Type

 

Course Language

Turkish

Course Prerequisites

 

Course Category by Content, %

Basic Sciences

Engineering Science

Engineering Design

Humanities

 

 

 

 

Course Description

Supply-Demand, Market Equilibrium, Market Competition Structure, National Income, International Trade, Statistical Analysis

 

Course Objectives

 

 

 

Course Learning Outcomes

 

By students who passed from MBA 512 will successfully

  1. Determining market equilibrium price and quantity, defining market in a functional form
  2. Defining utility theory and discussing the place of the theory within microeconomic models and economic growth models
  3. Solving the profit maximization problem of the producer.
  4. Discussing the source of economic growth and development
  5.  Discussing economic policies based on fiscal and monetary side of the economy.
  6. Evaluating central economic indicators with the help of basic statistical data analyses.

Instructional Methods and Techniques

Theoretical and Applied

Tutorial Place

 

Co-term Condition

 

Textbook

- Mikro iktisat, Robert S. Pindyck Daniel L. Rubinfeld, (Palme Yayıncılık)

- Makro İktisat, Paul Krugman, Robin Wells, (Palme Yayıncılık)

- Additional reading will be distributed later.

Other References

 

Homework & Projects

 

Laboratory Work

 

Computer Use

 

Other Activities

 

                   

 

Assessment Criteria

Activities

Quantity

Effects on Grading, %

Attendance

 

 

Midterm

 

40

Quiz

 

 

Homework

 

 

Term Paper/Project

 

 

Laboratory Work

 

 

Practices

 

 

Tutorial

 

 

Seminar

 

 

Presentation

 

 

Field Study

 

 

Final Exam

 

60

TOTAL

 

 

Effects of Midterm on Grading, %

 

 

Effects of Final on Grading, %

 

 

TOTAL

 

 

 

ECTS/

WORKLOAD TABLE

Activities

Count

Hours

Total

Workload

Lecture

14

3

42

Midterm

1

20

20

Quiz

 

 

 

Homework

1

30

30

Term Paper/Project

 

 

 

Laboratory Work

 

 

 

Practices

2

9

18

Tutorial

 

 

 

Seminar

 

 

 

Presentation

 

 

 

Field Study

 

 

 

Final Exam

1

40

40

Total Workload

 

 

150

Total Workload/25

 

 

150/25

Course ECTS Credits

 

 

6

 

 

Week

 

Topics

Course Outcomes

1

Introduction-Basic Concepts

I-II-III-IV-V-VI

2

Defining Market

I

3

Supply-Demand

I-II

4

Market Equilibrium

I-II-III

5

Consumer Equilibrium-Utility Theory

II

6

Producer Theory-Profit Maximization and Market Structure

III

7

Market Structure

III-IV

8

Asymmetric Information Problems and Externalities

II-III

9

Economic Growth and Firm Growth (New firms and firm deaths)

IV-V-VI

10

Industrial Strategies and Firm Strategies

IV-V

11

FX Markets and International Trade

IV-V

12

Investigating international markets based on supply and demand analysis

IV-V-VI

13

Statistical and Economic Analyses

V-VI

14

Contemporary Issues

I-II-III-IV-V-VI

 

Relationship between the Course and the MBA Curriculum

 

 

Program Outcomes

Level of Contribution

1

2

3

a

Has the contemporary and up-to-date information about the field of business that can be used in professional life and has theoretical knowledge applicable in the literature.

 

X

 

b

Comprehends the strategic, tactical and operational dimensions of business management.

 

 

X

c

Can make predictions about the field and be innovative.

 

X

 

d

Can transform the theoretical knowledge obtained into conceptual and cognitive knowledge; with this knowledge has the ability to independently perform and execute a business in the chosen career field.

 

X

 

e

Has the ability to collect, interpret and analyze data that is related to the conceptual and cognitive knowledge developed in conjunction with the specialization and has the ability to use this information to execute and direct the projects and activities related to the field.

 

 

X

f

Has the ability to monitor business practices and technological innovations and adapt them to managerial problems.

 

X

 

g

Can take responsibility in projects and work related to the field, show leadership behavior and suggest solutions.

 

X

 

h

Has interpersonal and teamwork competencies.

 

X

 

i

Has the ability to evaluate and use strategies that may be effective in the negotiation process.

 

X

 

j

Is aware of the importance of rapid change and lifelong learning.

 

X

 

k

Has professional ethics and responsibility in the collection, interpretation, implementation and announcement of results related to the field.

 

 

X

l

Can use and manage Microsoft Office software programs related to the area, use information and communication technologies.

 

X

 

m

Has effective verbal and written communication related to the field.

 

X

 

 

         1: Small, 2: Partial, 3: Full

 

Programme Outcomes & Course Outcomes Connectivity Matrix

Course

Outcomes

I

II

III

IV

V

VI

Programme Outcomes

 

a

 

 

 

 

 

 

b

 

 

 

 

 

 

c

 

 

 

 

 

 

d

 

 

 

 

 

 

e

 

 

 

 

 

 

f

 

 

 

 

 

 

g

 

 

 

 

 

 

h

 

 

 

 

 

 

i

 

 

 

 

 

 

j

 

 

 

 

 

 

k

 

 

 

 

 

 

 

 

l

 

 

 

 

 

 

m

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepared by

Assoc. Prof. Burhan Can Karahasan

Date

09.19.2017

Signature