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2013/2014  BA-3ME  Managerial Economics II

English Title
Managerial Economics II

Course information

Language English
Exam ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Quarter
Course period Autumn
Time Table Please see course schedule at e-Campus
Study board
Study Board for BSc in Business Administration and Sociology
Course coordinator
  • Jacob Lyngsie - Department of Strategic Management and Globalization (SMG)
Main academic disciplines
  • Globalization, International Business, markets and studies
  • Political leadership, public management and international politics
Last updated on 14-08-2013
Learning objectives
At the oral examination, the student should, on the basis of the papers in the 3rd semester exam portfolio, demonstrate ability to relate to each other the courses ‘Managerial Economics II’ and ‘Business, Politics and Society’ and their learning objectives.

Specifically, the student should demonstrate that (s)he:
  • has achieved the learning objectives for the courses ‘Managerial Economics II’ and ‘Business, Politics and Society’ (see below),
  • is able to think across the courses and reflect about similarities and differences between the academic disciplines that the courses build upon, and
  • is reflective about his/her learning process in the two courses, as mirrored in the exam portfolio.
Course prerequisites
The courses 3BPS Business, Politics and Society and 3ME Manegerial Economics II have one intergrated exam. The exam is 15 ECTS. You can only participate in 3BPS Business, Politics and Society if you also register for the course: 3ME Manegerial Economics II.
Examination
Integrated examination on organisations and their societal and economic contexts:
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Individual
Size of written product Max. 5 pages
Assignment type Report
Duration
Written product to be submitted on specified date and time.
30 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time No preparation
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period December/January
Make-up exam/re-exam
Same examination form as the ordinary exam
•The make-up examination for a student who has submitted a complete exam portfolio but not participated in the oral examination – due to illness – will be based on the exam portfolio already submitted.
•A student who fails the regular examination due to the quality of the exam portfolio should submit a revised exam portfolio.
Description of the exam procedure

The two courses ‘Managerial Economics II’ and ‘Business, Politics and Society’ are assessed at the 3rd semester integrated and interdisciplinary oral portfolio examination.

  • The oral examination is based on the 3rd semester exam portfolio, which consists of three papers: the two papers in the 3rd semester work portfolio plus an individual interdisciplinary exam paper of max. 5 standard pages.
  • The work portfolio consists of one individual assignment of max. 5 standard pages from each of the two courses; these two assignments are compulsory and must be approved, cf. section 5(1).
  • The oral examination is an individual examination of 25 minutes, including the examiners’ discussion and awarding of the grade. The student will be awarded one grade according to the 7-point grading scale, reflecting an overall assessment of the assignments in the exam portfolio and the performance at the oral examination.
  • The examination is internal, and assessment is carried out by two internal examiners; one from each of the two courses.

The primary purpose of the 3rd semester exam, which is an oral exam based on a portfolio, is to make the student adopt an interdisciplinary approach to the two courses ‘Managerial Economics II’ and ‘Business, Politics and Society’, instead of only perceiving the individual courses from their own point of view. Consequently, the main focus at the oral exam is the integration of several academic disciplines and sets of learning objectives.

The secondary purpose of the exam is to make the student reflect about his/her own learning process, the result of the knowledge and skills acquired from participating in class and working on assignments throughout the 3rd semester.

Learning objectives for the exam:
At the oral examination, the student should, on the basis of the papers in the 3rd semester exam portfolio, demonstrate ability to relate to each other the courses ‘Managerial Economics II’ and ‘Business, Politics and Society’ and their learning objectives.

Specifically, the student should demonstrate that (s)he:

  • has achieved the learning objectives for the courses ‘Managerial Economics II’ and ‘Business, Politics and Society’ (see below),
  • is able to think across the courses and reflect about similarities and differences between the academic disciplines that the courses build upon, and
  • is reflective about his/her learning process in the two courses, as mirrored in the exam portfolio.
Course content and structure

The objective of this course is to provide the student with an understanding of how the organising of activities internal and external to the organization is approached within economics, based on the assumptions of bounded rationality within asymmetric and incomplete information.

Teaching methods
The exam integrates the two courses, and the teaching in both courses consists of a mixture of lectures and students discussions.
Further Information

For more details about the 3rd semester portfolio exam, see guidelines on e-campus.

Expected literature
PLEASE CHECK THE UPDATED VERSION OF THE COURSE GUIDES ON CBSLEARN BEFORE BUYING ANY BOOKS

The following book is required reading for this course, along with articles made avaliable on CBSLEARN:
George Hendrikse 2003 Economics and Management of Organizations, McGraw-Hill
Last updated on 14-08-2013