Managerial economics class 01

The goal is to develop a small number of intellectual tools that enables one to analyze a wide variety of economic problems. Find out more on our Recognition of Prior Learning pages. This varies by module, if shared between degrees.

Previous knowledge of economics is not necessary.

Managerial economics examples

Contact hours may vary depending on your modules. How you will learn In a typical week learning takes place through a combination of: Lectures 1-to-1 tutorials Further details to be confirmed. Find out more on our Recognition of Prior Learning pages. The business world has become more quantitative and economics-oriented in the last 30 years, but many of the key ideas in economics, relating to topics such as pricing, monopoly, imperfect competition, game theory, moral hazard and adverse selection, public choice, externalities, risk aversion, capital market pricing and equilibrium, and auction theory can all be usefully approached with a relatively small amount of math. Previous knowledge of economics is not necessary. We offer an extended degree in this subject with lower entry requirements. Each credit equates to around 10 hours of study. Class sizes Average intake per year is

We offer an extended degree in this subject with lower entry requirements. How you will learn In a typical week learning takes place through a combination of: Lectures 1-to-1 tutorials Further details to be confirmed.

It covers microeconomic concepts relevant to management, including the economics of relationships, pricing decisions, perfect competition and the "invisible hand," risk aversion and risk sharing, and moral hazard and adverse selection.

The business world has become more quantitative and economics-oriented in the last 30 years, but many of the key ideas in economics, relating to topics such as pricing, monopoly, imperfect competition, game theory, moral hazard and adverse selection, public choice, externalities, risk aversion, capital market pricing and equilibrium, and auction theory can all be usefully approached with a relatively small amount of math.

managerial economics questions and answers for mba pdf

It uses basic math such as derivatives and algebra, as opposed to excel simulations and plots. Previous knowledge of economics is not necessary. Class sizes Average intake per year is You will also be able to meet your personal tutor.

This year we are piloting a "flipped classroom" where students will be expected to work through the online modules before each class and the time in class will be devoted to solving problems and discussing cases.

Scope of managerial economics

It uses basic math such as derivatives and algebra, as opposed to excel simulations and plots. Each credit equates to around 10 hours of study. Seminars enable you to discuss and develop your understanding of topics covered in lectures in smaller groups. Independent learning Outside of timetabled sessions, you'll need to dedicate self-study time around hours per week to prepare for coursework, presentations and exams. Contact hours may fall between 9am and 9pm, depending on your elective courses and tutorials. You will also be able to meet your personal tutor. This varies by module, if shared between degrees.
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Managerial Economics