Course syllabus for Managerial economics

Course syllabus adopted 2019-02-06 by Head of Programme (or corresponding).

Overview

  • Swedish nameEkonomisk analys
  • CodeTEK255
  • Credits7.5 Credits
  • OwnerMPEPO
  • Education cycleFirst-cycle
  • Main field of studyIndustrial Engineering and Management
  • DepartmentTECHNOLOGY MANAGEMENT AND ECONOMICS
  • GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail

Course round 1

  • Teaching language English
  • Application code 21123
  • Minimum participants10
  • Open for exchange studentsYes

Credit distribution

0107 Examination 7.5 c
Grading: TH		 7.5 c
  • 13 Mar 2021 pm J
  • 09 Jun 2021 pm J
  • 20 Aug 2021 pm J

In programmes

Examiner

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Eligibility

General entry requirements for bachelor's level (first cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

The same as for the programme that owns the course.
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Course specific prerequisites

Students taking this course are expected to have had some exposure to economics and some knowledge of calculus would also be helpful although not necessary.

Aim

The aim of this course is to provide students with basic concepts and economic models that can be used in decision making in industrial firms.

Learning outcomes (after completion of the course the student should be able to)

  • Understand the basic concepts in managerial economics
  • Understand and also analyze managerial economics at different firm levels   
  • Be able to apply different economic decision models
  • Understand how to use different economic decision models in different contexts

Content

  • Introduction to economic theory   
  • Costing based on variable and fixed costs 
  • Decision making with relevant costs and a strategic emphasis 
  • Investment calculation
  • Basic economic theory
  • Pricing analysis

Organisation

The course consists of:
  • Series of lectures
  • Supervision of projects

Literature

Literature will be announced on the course homepage two weeks before start of the course.

Examination including compulsory elements

Written examination in two parts:
  • Written exam (4 hours)
  • Group case work (report)