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Managerial Economics - MAN00023M

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  • Department: The York Management School
  • Module co-ordinator: Dr. Nick Huberts
  • Credit value: 10 credits
  • Credit level: M
  • Academic year of delivery: 2022-23
    • See module specification for other years: 2021-22

Module will run

Occurrence Teaching period
A Autumn Term 2022-23

Module aims

The module develops the basics of microeconomics as a framework to help students analyse managerial problems. Among the topics to be discussed are

  • economic versus accounting profits;
  • the marginality concept;
  • consumer choice;
  • production technology and the optimal input mix;
  • perfect competition, monopoly and oligopoly;
  • basic game theory with applications.

Module learning outcomes

After successful completion the student is able to
Subject content

  1. describe the fundamental principles of economics and their application to managerial problems;
  2. solve simple managerial problems using the tools of economics;
  3. formulate managerial problems in a way amenable to economic analysis;

Academic and graduate skills

  • analyse real-world problems in a consistent academically informed framework;
  • report economic analyses in clear, concise, and correct English.

Assessment

Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam		 2 hours 70
Essay/coursework
Coursework		 N/A 30

Special assessment rules

None

Reassessment

Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam		 2 hours 70
Essay/coursework
Coursework		 N/A 30

Module feedback

The timescale for the return of feedback will accord with School policy.

Indicative reading

Baye and Prince, Managerial Economics McGraw-Hill


The information on this page is indicative of the module that is currently on offer. The University is constantly exploring ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary by the University. Where appropriate, the University will notify and consult with affected students in advance about any changes that are required in line with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.