Master 2024/2025

Foundations of Managerial Economics

Type: Compulsory course (Master of International Business)

Area of studies: Management

Delivered by: School of Innovation and Entrepreneurship

Where: School of Innovation and Entrepreneurship

When: 1 year, 1 module

Mode of studies: offline

Open to: students of one campus

Master’s programme: International Business

Language: English

ECTS credits: 3

Course Syllabus

Abstract

This course covers the topics, which are most important for economic analysis at the level of firm. They include consumer choice and demand for products, production, cost and supply of products, basic types of market structures, strategic behavior in the market, including pricing strategies and interactions, decisions under uncertainty and R&D decisions. We will see how the theory works on cases and by solving problems. Pre-requisites: International Relations, World Economy