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Syllabus Managerial Economics

This document provides a course syllabus for Managerial Economics (MM 604) at the Philippine Christian University Graduate School of Business & Management. The 3-sentence summary is: The course aims to teach students how to apply economic theories and tools to business decision making through case studies and modeling. Students will learn about production, costs, pricing, competition and other economic concepts. Assessment includes attendance, group work, presentations, and a research paper applying an econometric model to analyze an assigned topic.

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1K views4 pages

Syllabus Managerial Economics

This document provides a course syllabus for Managerial Economics (MM 604) at the Philippine Christian University Graduate School of Business & Management. The 3-sentence summary is: The course aims to teach students how to apply economic theories and tools to business decision making through case studies and modeling. Students will learn about production, costs, pricing, competition and other economic concepts. Assessment includes attendance, group work, presentations, and a research paper applying an econometric model to analyze an assigned topic.

Uploaded by

pcp10
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

PHILIPPINE CHRISTIAN UNIVERSITY

Graduate School of Business & Management


MASTER IN MANAGEMENT

COURSE SYLLABUS

Course Code/Course Title : MM 604/ Managerial Economics


Type of Course : Foundation Course
Term/Time/Room :

COURSE DESCRIPTION :

The course provides relevance of economic theories and their accompanying tools
for decision making to policy and decision makers and managers of organizations. A
variety of case studies are used to expose the students to rigorous treatment of economic
theories.

The PCU/GSBM Vision/Mission and values are integrated in the course.

OBJECTIVES/VALUES:

At the end of the course, the students are expected to:

Have identifies the various economic theories relevant to business decision


making;
Have applied econometric models and other techniques in real-world case studies
toward business decision making;
Have submitted and defended a research-based econometric model of an assigned
topic; and
Have integrated PCU values in their learning.

1
COURSE OUTLINE:

WEEK TOPICS CASE STUDIES

Week 1 Orientation on the PCU/GSBM


Vision/Mission and values

Analysis of cost, minimin-minimax


principle

Week 2 The economics of production, optimal Cases by : Marshall Colberg


level model

The economics of productivity, efficiency,


effectiveness

Capital budgeting models, CAPM

Week 3 Economic forecasting models Cases by : William Henry


Economic models
Multiple regression models

Demand/supply analysis and modeling

Week 4 MIDTERM EXAMINATION

Week 5 Pure competition and Monopoly models Cases by : Marshall Colberg

Monopoly and Oligopoly models

Pricing Models

Week 6 The government and business

FINAL EXAMINATION

2
TEACHING METHODS/STRATEGIES
Lecture
Case Studies
Directed research
Round-table discussion
Economic modeling

COURSE REQUIREMENTS:
Attendance
Active Participation/Involvement in Class discussion
Individual Oral report on required readings
Oral report on mini research project with econometric models
Research Paper

ASSESSMENT/EVALUATION:
Attendance 10%
Group Activity 20%
Individual Oral Report 20%
Case Analysis/Research Paper 50%

TEXT/MATERIALS:
Salvatore, D. Managerial Economics in a Global Economy. Singapore McGraw
Hill. 2003

REFERENCES:
Colberg, Marshall. Business Economics: Principles & Cases. Boston: McGraw
Hill. 2002
Hirschey, M. fundamentals of Managerial Economics. 5th Edition. Forth Worth
Dryden Press. 2001.
Pindyck, Robert S. and Daniel I. Eubenfeld. Microeconomics. 11th Edition. NJ:
Prentice Hall International. 2000.
Villegas, Bernardo. Managerial Economics. Third Edition. Manila: Sinagtala
Publishers Inc. 2001
William, Henry. Managerial Economics. NJ Prentice Hall International. 2002

Search Engine : [Link]


[Link]

Prepared by: Approved by:

Dr. Emerson Domingo Dr. Teresita C. Arnaldo

3
Dean

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