2014/2015
BA-BSEMO1006U Managerial Economics II
English Title |
Managerial Economics
II |
|
Language |
English |
Course ECTS |
7.5 ECTS |
Type |
Mandatory |
Level |
Bachelor |
Duration |
One Quarter |
Course period |
Spring, Fourth Quarter |
Timetable |
Course schedule will be posted at
calendar.cbs.dk |
Study board |
Study Board for BSc in Service
Management
|
Course
coordinator |
- Mikkel Godt Gregersen - Department of Operations Management
(OM)
Eric Bentzen - Department of Operations Management
(OM)
|
Main academic
disciplines |
- Economics, macro economics and managerial
economics
|
Last updated on
15-08-2014
|
Learning objectives |
To be awarded the highest mark (12), the student,
with no or just a few insignificant shortcomings, must fulfill the
following learning objectives:
- The student should be able to account for selected
theories.
- The student should be able to apply the correct theory on a
given issue.
- The student should be able to apply technical solution methods
when solving a given issue.
- The student should be able to illustrate the solution to a
given issue.
- The student should be able to use the correct course
vocabulary.
- The student should be able to reach a decision based on
economic rationing.
|
Course prerequisites |
English language skills equal to B2 level (CEFR)
is recommended |
Examination |
Managerial
Economics II:
|
Exam
ECTS |
7,5 |
Examination form |
Written sit-in exam |
Individual or group exam |
Individual |
Assignment type |
Written assignment |
Duration |
4 hours |
Grading scale |
7-step scale |
Examiner(s) |
Internal examiner and external examiner |
Exam period |
Spring Term |
Aids allowed to bring
to the exam |
Limited aids, see the list below and the exam
plan/guidelines for further information:
|
Make-up exam/re-exam |
Same examination form as the ordinary exam
If the number of registered candidates for the make-up
examination/re-take examination warrants that it may most
appropriately be held as an oral examination, the programme office
will inform the students that the make-up examination/re-take
examination will be held as an oral examination
instead.
|
|
Course content and structure |
The course is planned to present models for decisions making
with a focus on the service industry. The focus is on market forms,
game theory, risk management, pricing, price discrimination,
auctioning, selected managerial decision taking, investment and
finance theory and business cases related to the curriculum.
10 x Lecturing (L1-L10)
The course consists of 10 lectures (L1-L10) each of 3 x 45
minutes. The lectures will explore the core areas of the theory
requiring a considerable amount of self-study. It is advisable with
4-6 hours of preparation for each lecture.
4x Active workshops (W1- W4)
Each workshop is 6 lectures of each 45 min. The workshops consist
of cases in theoretical and empirical problems and are part of the
curriculum. Naturally these active learning sessions will
correspond to the content and headlines of the previous lectures.
The workshops are very important for the learning process. All
students have to answer and submit online 3 workshop-papers. The
workshops can be solved individually or in groups but the online
questions must be answered individually.
|
Teaching methods |
Lectures & workshops |
Student workload |
Classes |
30 hours |
Workshop/ Exercises |
24 hours |
Preparation for class |
133 hours |
Home assignments |
16 hours |
Examination |
4 hours |
|
Expected literature |
Indicative litterature:
Paul Keat, Philip Young and Stephen Erfle: Managerial Economics –
Economic Tools for Today’s Decision Makers, 7th edition,
Pearson, 2013
Please note, minor changes may occur. The teacher will
upload the final reading list to LEARN two weeks before the
course starts. |
Last updated on
15-08-2014