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Обычная версия сайта
2024/2025

Управленческая экономика

Язык: английский
Кредиты: 3
Контактные часы: 24

Course Syllabus

Abstract

The purpose of the course is to teach the students how to apply the principles and models of economic theory for making managerial decisions. The course covers such topics as estimating and analysing demand, cost analysis, smart pricing (price discrimination, tying, bundling, non-linear pricing), competing in various market structures, making decisions about product quality and differentiation.
Learning Objectives

Learning Objectives

  • The purpose of the course is to teach the students how to apply the principles and models of economic theory for making managerial decisions: 1) estimating and analyzing demand, 2) cost analysis, 3) smart pricing (price discrimination, tying, bundling, non-linear pricing), 3) competing in various market structures, 4) making decisions about product quality and differentiation.
Expected Learning Outcomes

Expected Learning Outcomes

  • Able to define different types of costs. Can calculate different types of costs. Able to use different methods of cost estimation.Understand and can use different methods of cost allocations.Understand the idea of budgeting. Able to define different methods of budgeting.
  • Understand different types of market structure. Are able to define and explain different types of market structure. Understand firm behaviour on perfect competition market. Able to explain different models of oligopoly
  • Understand principles of demand and supple model. Able to estimate and analyze demand. Understand algebra of profit maximization, can calculate maximum of profit for different types of demand functions. Understand types and strategies of price discrimination.
  • Understand theory and principales of perfect price discrimination. Able to define different types of auctions. Understand and can explain different types of smart pricing models.
Course Contents

Course Contents

  • Demand, Supply and Market Power
  • Perfect Price Discrimination, Auctions and Smart Pricing
  • Costs
  • Market structure
Assessment Elements

Assessment Elements

  • non-blocking Quize1
  • non-blocking Quize2
  • non-blocking Quize3
  • non-blocking Test
Interim Assessment

Interim Assessment

  • 2024/2025 1st module
    0.2 * Quize1 + 0.2 * Quize2 + 0.2 * Quize3 + 0.4 * Test
Bibliography

Bibliography

Recommended Core Bibliography

  • Chattopadhyay, S., & Chatterjee, R. (2020). Understanding Auctions. Abingdon, Oxon: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2183802
  • Kolmar, M., & Hoffmann, M. (2018). Workbook for Principles of Microeconomics. Springer.

Recommended Additional Bibliography

  • Haeringer, G. (2018). Market Design: Auctions and Matching. The MIT Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.mtp.titles.0262037548

Authors

  • KREKHOVETS EKATERINA VLADIMIROVNA