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 Face-to-face
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.

Weekly Course Subjects

1Aim and Content of the managerial economics
2Consumer theory
3Short Term in Firm Theory
4Long Term in Firm Theory
5Expansion Path and Cost Theory
6Cost in the Long Run
7Midterm Exam
8Shutdown Point and supply curve in short term
9Supply and Demand Equilibrium
10Government Intervention
11Perfect Competition Market
12Imperfect Competition Market
13Macroeconomic Discussions
14Economic Policies in Turkey

Resources

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