| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İŞL-23-144 | | Elective | 1 | 2 | 6 |
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| 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 |
| 1 | Explain the basic managerial economics concepts. | | 2 | Can solve various business problems using economic analysis tools. | | 3 | It shows students who are candidates to be business managers how to make optimum decisions. |
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| 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 |
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| 1 | Fundamentals of Managerial Economics | | | | 2 | Market Forces: Demand and Supply | | | | 3 | Digital Demand Analysis | | | | 4 | Individual Behavior Theory | | | | 5 | Production and Cost | | | | 6 | Company Organization | | | | 7 | Industry Structure | | | | 8 | Midterm Exam | | | | 9 | Management in Competitive and Monopolistic Competition Markets | | | | 10 | Basic Oligopoly Models; Application of Game Theory to the Oligopoly Market | | | | 11 | Pricing Strategies of Firms with Market Power | | | | 12 | Knowledge Economy | | | | 13 | Advanced Topics in Business Strategies | | | | 14 | Final Exam | | |
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| Recommended or Required Reading |
| Managerial Economics, 11th Edition, Mark Hirschey, Dryden Press, 2005 |
| Planned Learning Activities and Teaching Methods |
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| Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
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| Workload Calculation |
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| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 1 | 1 |
| Criticising Paper | 4 | 2 | 8 |
| Individual Study for Mid term Examination | 10 | 5 | 50 |
| Individual Study for Final Examination | 10 | 7 | 70 |
| Homework | 7 | 6 | 42 |
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| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | | LO2 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 3 | 3 | | LO3 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 4 |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
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