2019/2020
BA-BSOCO1812U Managerial Economics I
| English Title |
| Managerial Economics
I |
|
|
| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Mandatory |
| Level |
Bachelor |
| Duration |
One Semester |
| Start time of the course |
Autumn |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
Study Board for BSc in Business Administration and
Sociology
|
| Course
coordinator |
- Eric Bentzen - Department of Operations Management
(OM)
|
| Main academic
disciplines |
- Managerial economics
- Economics
|
| Teaching
methods |
|
|
|
Last updated on
01-07-2019
|
| Learning objectives |
On successful completion of this course, the
student will have acquired a basic understanding of economic
theories seen from a Managerial economics’ perspective, focusing on
the individual organization. The student should be able to:
- account for basic microeconomic processes and assumptions
within Managerial Economics,
- account for rationality assumptions and optimising strategies
at the level of the individual and the firm,
- perform basic calculations based on the theories and methods
presented in the course curriculum
|
| Examination |
|
Managerial
Economics I:
|
| Exam
ECTS |
7,5 |
| Examination form |
Written sit-in exam on CBS'
computers |
| Individual or group exam |
Individual exam |
| Assignment type |
Written assignment |
| Duration |
4 hours |
| Grading scale |
7-point grading scale |
| Examiner(s) |
One internal examiner |
| Exam period |
Autumn |
| Aids |
Limited aids, see the list below:
The student is allowed to bring - USB key for uploading of notes, books and compendiums in a
non-executable format (no applications, application fragments, IT
tools etc.)
- Any calculator
- Books (including translation dictionaries), compendiums and
notes in paper format
The student will have access to - Advanced IT application package
|
| 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, structure and pedagogical
approach |
|
Aim of the course
“Managerial economics” refers to the application of economic theory
and the tools of analysis of decision science to examine how an
organization can achieve its aims or objectives most efficiently.
So the focus is on the individual organization and the aim of the
course is to provide the student with ways of reasoning, thinking
and approaching problems, and with a number of models and tools
that will enable the student to “attack” and solve complex decision
problems on an organizational level.
|
| Description of the teaching methods |
| Lectures, exercise classes, case-based
teaching. |
| Feedback during the teaching period |
| During exercise hours |
| Student workload |
| Lectures |
32 hours |
| Preparation per lecture |
80 hours |
| Exercises |
32 hours |
| Preparation for exercises |
32 hours |
| Exam preparation |
40 hours |
|
| Expected literature |
|
Eric Bentzen, Carsten Scheibye & Mark Hirschey: Managerial
Economics,
15. edition, Cengage Learning, 2019.
|
Last updated on
01-07-2019
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