OUR ACADEMIC DEPARTEMENTS |
Lesson details
 | MANAGERIAL ECONOMICS | ||
2018-2019 | EnIESEG School of Management
(
IÉSEG
)
| ||
Class code : | 1819-IÉSEG-M1S1-IBE-MA-FI74UE | INTERNATIONAL BUSINESS | |
| Level | Year | Period | Language of instruction |
|---|---|---|---|
| Master | 1 | S1 | EnEnglish |
| Academic responsibility | M.Verschelde |
|---|---|
| Lecturer(s) | M.Verschelde |
- This class exists in these courses :
- IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS
Prerequisites
Recommended preliminary skills: basic knowledge of microeconomic analysis and mathematics for economists
Learning outcomes
At the end of the course the student should be able to :
- Understand and explain key economic concepts as they relate to managerial decision making
- Formulate, intepret and analyze management questions using a formal economic framework
- Apply the analytical framework to provide quantitative support for managerial decision making
- Develop and defend a project that considers managerial decision making in a global economic environment
Course description
The first part of the course comprises the basics of managerial economics, including:
- demand, production and market structures
- pricing, tactics and strategic interaction
The second part deals with advanced topics in managerial economics. This part covers advanced pricing techniques, auction mechanisms, information technology and technological change.
Class type
Class structure
| Type of course | Numbers of hours | Comments | |
|---|---|---|---|
| Independent study | |||
| Estimated personal workload | 2,00 | Complete multiple-choice questions | |
| Group Project | 15,00 | Detailed group study of an advanced topic in managerial economics | |
| Independent work | |||
| Research | 7,00 | ||
| Face to face | |||
| Interactive class | 16,00 | ||
| Total student workload | 40,00 | ||
Teaching methods
- Case study
- Coaching
- E-learning
- Interactive class
- Project work
- Research
Assessment
The student will be assessed on the basis of
1) multiple-choice questions on a web platform,
2) a group assignment with peer assessment on a selected advanced topic in managerial economics,
3) a written final exam
| Type of control | Duration | Number | Percentage break-down |
|---|---|---|---|
| Others | |||
| Group Project | 0,00 | 0 | 40,00 |
| Continuous assessment | |||
| Continuous assessment | 0,25 | 0 | 10,00 |
| Final Exam | |||
| Written exam | 2,00 | 0 | 50,00 |
| TOTAL | 100,00 | ||
Recommended reading
- Allen, W.B., Weigelt, K., Doherty, N., Mansfield, E., 2013, Managerial Economics: Theory, Applications, and Cases (Eighth Edition), W. W. Norton & Company, 736 p. -
- Belleflamme, P., and Neysen, N., 2017, The Rise and Fall of Take Eat Easy, or Why Markets are not Easy to Take in the Sharing Economy, DigiWorld Economic Journal, 108, 59 p. -
- Varian, H.R., 2009, Intermediate Microeconomics: A Modern Approach (Eigth Edition), W. W. Norton & Company, 739 p. -
* This information is non-binding and can be subject to change
