Ders Planı

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Lesson plan / MANAGERIAL ECONOMICS

Lesson Information

Course Credit	3.0
Course ECTS Credit	5.0
Teaching Language of Instruction	İngilizce
Level of Course	Bachelor's Degree, TYYÇ: Level 6, EQF-LLL: Level 6, QF-EHEA: First Cycle
Type of Course	Compulsory
Mode of Delivery	Distance Learning
Does the course require compulsory or optional work experience?	Z
Course Coordinator	Assist. Prof. Dr. MÜGE BURCU ÖZDEMİR
Instructor (s)
Course Assistant

Purpose and Content

The aim of the course	To be able to take rational and efficient decisions with respect to entering or not entering a sector based on returns to scale concept and market structure framework, and the choice of size of the firm; then after entering, to determine how much to produce, employing what factors of production and in what proportion, as well as what the price of the output should be.
Course Content	General equilibrium theory of the consumer and the producer, with special emphasis on the production and cost frameworks under different market structures and competition conditions at the national economy level as well as under global open economy regimes.

Learning Outcomes

Comprehend the fundamental concepts and theories of business administration science.
Analyze the relationships between fundamental concepts and theories of business administration science.
Illustrate the theoretical frame drawn from business operations.
Comprehend the context of the underlying cases of national and international business administration.
Describe cause-effect relationships in the context of cases covered by national and international business administration cases.
Synthesis information on popular issues related to business administration.
Comprehend the role of business in the operation of global and national economic systems.
Analyze the effect and the contributions of external stakeholders to the relationships between business organizations.
Analyze comments the power and benefit relationship between internal stakeholders.
Synthesis social and technical dimensions based on the integration between business operations.
Use creative, innovative and analytical thinking skills to solve business administration problem.
Use modern methods and technologies of business administration in the business environment.
Behave as a leader or follower when necessary.
Act as a team player to operate and to make a decision in business organizations.
Analyze data about business administration issues by qualitative and quantitative techniques.
Organise the business operations with an entrepreneurial spirit.
Solve business problems quickly and effectively in the national and global competition environment and uses initiative.
Develop innovative and creative projects for industry by using the accumulation of knowledge and skills.
Keep up to date the accumulation of knowledge and skill by following developments in the economics and business administration issues.
Closely follow the developments that may occur in the business profession.
Develop the planning, organisation, operation, coordination and auditing functions of the business management.
Develop the operations to comply with the structure of a business organization.
Adopt their way of behavior that will ensure compliance with the new conditions as parallel to changes in business administration.
Communicate actively and constantly with other stakeholders in business administration profession.
Solve problems by using advanced level of information technology.
Use English language to communicate effectively and fluently.
Act in accordance with moral and ethical concepts related to business administration.
Analyze the relationships between business organization and stakeholders.
Apply the innovative and creative thinking in the business administration fields.
Become conscious intended for the universality of democracy and human rights of the business environment, organizational justice, socio-cultural values in the way of business administration, and the environmental issues.

Weekly Course Subjects

1	introduction. students informed about what will be covered in this semester
2	distinction between macro and microeconomics,Scarcity,How should goods and services be produced?
3	Production Possibilities Curve,Fundamental Economic Questions, allocation and productive efficiency
4	budget constaint, business firms and business decisions, decision making steps, opoortunity cost example
5	sequental steps of decision making. Challenges in decision making,6 tips on making the right business decisions
6	Marginal Revenue and Marginal Cost Approach , REGRESSION TECHNIQUE,Total Revenue and Total Cost Approach
7	TYPES OF COSTS,Fixed Costs (FC) ,Variable Costs (VC) ,Semi-Variable Cost.
8	Midterms
9	ELASTICITY, price elasticity of demand, supply elasticity of demand
10	Analysis,Total Revenue and Total Cost Approach,Marginal Revenue and Marginal Cost Approach
11	REGRESSION TECHNIQUE,Following are the steps to build up regression analysis
12	DEMAND AND PRICING,Theory of the Consumer,Giffen Goods,Determinants of Demand,Relative Prices
13	Demand and supply,Is demand the same as quantity demanded?Price Determination: 6 Factors Affecting Price Determination of Product
14	Markets perfect competition market

Resources

1-Ertuna, İ. Ö. (2009), Yönetim Ekonomisi, Okan Üni. Yay.

CLASS 1

CLASS 2

CLASS 3

CLASS 4

Lesson Information

Purpose and Content

Learning Outcomes

Weekly Course Subjects

Resources

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