Print Syllabus

Syllabus

FÖ0449 Managerial economics, 7.5 Credits

Företagsbeslut & mikroekonomi

Subjects

Business Administration Business Administration

Education cycle

Bachelor’s level

Modules

Title	Credits	Code
Single module	7.5	0201

Advanced study in the main field

First cycle, has less than 60 credits in first-cycle course/s as entry requirements
Bachelor’s level (G1F)

Grading scale

Language

Swedish

Prior knowledge

30 credits Business Administration and 15 credits Economics equivalent to "Microeconomics I with Mathematics".

Objectives

The objective of the course is to provide in-depth knowledge of microeconomic theory and mathematical methodology from a business perspective. The course emphasizes strategic aspects that companies have to consider and how microeconomic theory can contribute to better understanding of consumer behavior and markets, from the company’s perspective optimal production, investment and financing decisions as well as pricing. The course provides basic tools that are central to financial, mathematical and statistical business analysis.

After successful completion of the course, students will be able to:

• apply microeconomic theory and mathematical methodology to analyze consumer behavior and markets from a business perspective,

• apply microeconomic theory and mathematical methodology to analyze companys’ production, investment and financing decisions,

• apply microeconomic theory and mathematical methodology to analyze alternative pricing strategies,

• apply microeconomic theory and mathematical methodology to analyze strategic behavior between companies,

• use microeconomic theory and mathematical methodology to provide numerical basis for decision for companies,

• apply regression analysis to prepare business decisions, as well as

• critically evaluate and relate to financial decision making.

Content

The course provides in-depth knowledge of how microeconomic theory and mathematical methodology can be used to develop decision basis for companies and to analyze optimal and strategic aspects from an enterprise perspective. The course is largely based on applications analyzed by mathematical methods. During the course, students will also develop statistical basis of decision (regression analysis).

The course begins with a review of consumer behavior and optimal consumer choice as well as analysis of individual and market demand. After that we will review the company’s optimal production decisions. We then discuss the company’s investment and financing decisions as well as alternative pricing strategies.

Grading form

The grade requirements within the course grading system are set out in specific criteria. These criteria must be available by the course start at the latest.

Formats and requirements for examination

Passed exam as well as passed computer exercise and written assignments.

• If a student has failed an examination, the examiner has the right to issue supplementary assignments. This applies if it is possible and there are grounds to do so.

• The examiner can provide an adapted assessment to students entitled to study support for students with disabilities following a decision by the university. Examiners may also issue an adapted examination or provide an alternative way for the students to take the exam.

• If this syllabus is withdrawn, SLU may introduce transitional provisions for examining students admitted based on this syllabus and who have not yet passed the course.

• For the assessment of an independent project (degree project), the examiner may also allow a student to add supplemental information after the deadline for submission. Read more in the Education Planning and Administration Handbook.

Other information

• The right to participate in teaching and/or supervision only applies for the course instance the student was admitted to and registered on.

• If there are special reasons, students are entitled to participate in components with compulsory attendance when the course is given again. Read more in the Education Planning and Administration Handbook.

Responsible department

Department of Economics