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: 2021-22
- See module specification for other years:
2022-23
Module will run
Occurrence |
Teaching period |
A |
Autumn Term 2021-22 |
B |
Spring Term 2021-22 |
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
- describe the fundamental principles of economics and their application to managerial problems;
- solve simple managerial problems using the tools of economics;
- 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 |
Essay/coursework Coursework |
N/A
|
70 |
Essay/coursework Problem Set |
N/A
|
30 |
Special assessment rules
None
Reassessment
Task |
Length |
% of module mark |
Closed/in-person Exam (Centrally scheduled) Exam |
N/A
|
100 |
Module feedback
The timescale for the return of feedback will accord with TYMS policy.
Indicative reading
Baye and Prince, Managerial Economics McGraw-Hill