Managerial economics
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.
Information from the course leader
Welcome to the Swedish University of Agricultural Sciences
Here you find important information that will be useful before arriving to Sweden and while you are a student. https://student.slu.se/en/studies/new-student/check-list/ • You need to have a student account in order to access Ladok Student at SLU and to sign up for exams. • You must be admitted and registered to attend the course. Unregistered students may NOT stay on the premises, for reasons of insurance. • You have to register yourself via Ladok Student. The self-registration is open 5 workdays before the start of the course and 3 days after. If you have been admitted to the course with conditions, you cannot register online and must contact the course leader who decides if you can still register. Only registered students can participate in the course and have access to, for example, Canvas. • If you want to receive text messages with updates for the course, for example in case of cancelled lectures or room changes, please check that the correct mobile number is in Ladok Student. • During the second week of the course there will be a mandatory control of attendance. If you don´t participate in the control you risk losing your place on the course. • If you need special support, please inform the course leader at the start of the course, so that special arrangements can be made for example at the examination. Certificates from Nais shall be displayed every time. https://student.slu.se/en/study-support/study-support/funka/ • If you cancel the course, you should immediately notify the course leader via email, who in turn informs the educational administration to register a course break in Ladok. • You are automatically registered for the ordinary exams in Ladok Student. You can find your anonymous code in Ladok Student. Please note that you still have to register yourself for the re-exam in Ladok Student. This applies only to exams and re-exams within the department of economics. • For corrected exams – contact ekon-adm@slu.se If you have any questions, please contact the administration by emailing ekon-adm@slu.se
Course evaluation
The course evaluation is now closed
FÖ0449-20113 - Course evaluation report
Once the evaluation is closed, the course coordinator and student representative have 1 month to draft their comments. The comments will be published in the evaluation report.
Additional course evaluations for FÖ0449
Academic year 2022/2023
Managerial economics (FÖ0449-20086)
2022-11-01 - 2023-01-15
Academic year 2021/2022
Managerial economics (FÖ0449-20118)
2021-11-02 - 2022-01-16
Academic year 2019/2020
Managerial economics (FÖ0449-20080)
2019-11-01 - 2020-01-19
Academic year 2018/2019
Managerial economics (FÖ0449-20140)
2018-11-05 - 2019-01-20
Syllabus and other information
Syllabus
FÖ0449 Managerial economics, 7.5 Credits
Företagsbeslut & mikroekonomiSubjects
Business Administration Business AdministrationEducation cycle
Bachelor’s levelModules
| 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 requirementsBachelor’s level (G1F)
Grading scale
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.
Language
SwedishPrior 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 examination of a degree project (independent project), the examiner may also allow the 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
Further information
Litterature list
- Managerial Economics -Theory, Applications, and Cases Författare: Allen, Weigelt, Doherty, Mansfield ISBN: 9780393120059 Kommentar: Kompletterande litteratur på avsnittet kapital kommer att finnas tillgänglig på kurshemsidan på Canvas.
Kursboken kompletteras under kursens gång med vetenskapliga artiklar