MANAGERIAL ECONOMICS

Code Cours
2324-IÉSEG-M1S1-IBE-MA-FI74UE
Language of instruction
English
Teaching content
INTERNATIONAL BUSINESS
Training officer(s)
M.Verschelde
Stakeholder(s)
M.Verschelde
Level
Master
Program year
Period

Présentation

Prerequisite
Recommended preliminary skills: basic knowledge of microeconomic analysis and mathematics for economists.
Goal
At the end of the course the student should be able to :

- Understand and explain key economic concepts as they relate to managerial decision making
- Intepret and analyze complex business situations using a formal economic framework
- Apply the analytical framework to provide quantitative support for managerial decision making
- Develop and defend a project that considers managerial decision making in a global economic environment
Presentation
The first part of the course comprises the basics of managerial economics, including:
- Demand, production and market structures
- Pricing, tactics and strategic interaction

The second part deals with advanced topics in managerial economics. This part covers advanced pricing techniques, auction mechanisms, information technology and technological change.

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours interactif 16,00
Autoformation
Recherche 7,00
Travail personnel
Group Project 15,00 Detailed group study of an advanced topic in managerial economics
Charge de travail personnel indicative 2,00 Complete multiple-choice questions
Overall student workload 40,00
Evaluation
The student will be assessed on the basis of

1) multiple-choice questions on a web platform, individualized feedback is organized as an in-class discussion of the answers.
2) a group assignment with peer assessment on a selected advanced topic in managerial economics, constructive individualized feedback moments are scheduled during the progress of the group project.
3) a written final exam. Collective feedback will be provided on www.ieseg-online.com.
Control type Duration Amount Weighting
Contrôle continu
Contrôle continu 0,25 0 10,00
Examen (final)
Examen écrit 2,00 0 50,00
Autres
Projet Collectif 0,00 0 40,00
TOTAL 100,00

Ressources