Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
İŞL-23-144Elective116
Level of Course Unit
Second Cycle
Objectives of the Course
The aim of this course is to apply the knowledge of managers to business problems and to focus on various microeconomic issues.
Name of Lecturer(s)
Dr. Öğr. Üyesi Polad ALİYEV
Learning Outcomes
1Explain the basic managerial economics concepts.
2Can solve various business problems using economic analysis tools.
3It shows students who are candidates to be business managers how to make optimum decisions.
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
Modeling concepts are demand analysis and forecasting, production and cost analysis, pricing mechanisms, competitive, monopoly and oligopoly markets, and uncertainty.
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Fundamentals of Managerial Economics
2Market Forces: Demand and Supply
3Digital Demand Analysis
4Individual Behavior Theory
5Production and Cost
6Company Organization
7Industry Structure
8Midterm Exam
9Management in Competitive and Monopolistic Competition Markets
10Basic Oligopoly Models; Application of Game Theory to the Oligopoly Market
11Pricing Strategies of Firms with Market Power
12Knowledge Economy
13Advanced Topics in Business Strategies
14Final Exam
Recommended or Required Reading
Managerial Economics, 11th Edition, Mark Hirschey, Dryden Press, 2005
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination111
Criticising Paper428
Individual Study for Mid term Examination10550
Individual Study for Final Examination10770
Homework7642
TOTAL WORKLOAD (hours)172
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
PO
11
PO
12
PO
13
LO14444454444444
LO24444334344433
LO34433334444434
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476 226 13 14 • e-mail: info@igdir.edu.tr