Course syllabus for Managerial economics

Course syllabus adopted 2024-02-05 by Head of Programme (or corresponding).

Overview

  • Swedish nameEkonomisk analys
  • CodeTEK375
  • Credits7.5 Credits
  • OwnerTIEPL
  • 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 Swedish
  • Application code 68118
  • Maximum participants110
  • Minimum participants15
  • Open for exchange studentsNo
  • Only students with the course round in the programme overview.

Credit distribution

0110 Examination 6 c
Grading: TH
0 c0 c0 c6 c0 c0 c
  • 11 Okt 2024 pm L DIG
0210 Written and oral assignments 1.5 c
Grading: UG
0 c0 c0 c1.5 c0 c0 c

In programmes

Examiner

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.

Aim

The aim of the class is to introduce students to an analytical approach to business administration.

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

Knowledge and understanding
  • Know and understand basic knowledge like cashflow, income statement and balance sheet
  • Know and understand foundations of capital budgeting
  • Know and understand foundations of full costing
Skills and Liabilites
  • Ability to build integrated budgeting models
  • Ability to choose appropriate methods for determining investment profitability
  • Ability to distribute costs according to different full costing models
Judgement and approach
  • Judging on risks and opportunities using integrated budgeting models
  • Judging on profitability in various and new decision contexts
  • Judging on shortcomings in different models and decide on their suitability

Content

• Course content is structured into three different areas: budgeting, capital budgeting and product costing. Within the area of budgeting, integrated budgeting models are built including cashflow budgeting, income statement and balance sheet. Within the area of capital budgeting, multiperiod decision models are built. Decision rules are explained and applied. Within product costing, various full costing models as well as they are explained, analyzed and applied. Pros, cons and limitations for each model is analyzed.

Organisation

Course is managed by lectures mixed with excercises. Group assigments will be handed in during class.

Literature

Announced in connection with the course.


Examination including compulsory elements

Course grade is based on Written individual exam on 6 credits with grades Fail or 3,4,5 and Group assignments on 1,5 credits with grades Fail/Pass. Course Grade is based on Written exam.

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.