The Managerial Economics course is organized for bachelor students of economics. It aims to discuss central decision problems the managers face in a daily business environment and to provide the economic analysis tools for making these decisions. The course not only concentrates on economic analysis and its tools, but also puts emphasis on managerial decision-making.
• Elucidate on the characteristics, scope and techniques of managerial economics.
• Be able to explain the application of managerial economics in various aspects of decision making.
• Develop skills for strategic decision making.
• Acquire problem solving skills.
• Be able to make managerial decisions supported by quantitative methods.