Managerial Economics - MAN00023M
- Department: The York Management School
- Credit value: 10 credits
- Credit level: M
- Academic year of delivery: 2022-23
Module will run
| Occurrence | Teaching period |
|---|---|
| A | Autumn Term 2022-23 |
Module aims
The module develops the basics of microeconomics as a framework to help students analyse managerial problems. Among the topics to be discussed are
- economic versus accounting profits;
- the marginality concept;
- consumer choice;
- production technology and the optimal input mix;
- perfect competition, monopoly and oligopoly;
- basic game theory with applications.
Module learning outcomes
After successful completion the student is able to
Subject content
- describe the fundamental principles of economics and their application to managerial problems;
- solve simple managerial problems using the tools of economics;
- formulate managerial problems in a way amenable to economic analysis;
Academic and graduate skills
- analyse real-world problems in a consistent academically informed framework;
- report economic analyses in clear, concise, and correct English.
Indicative assessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 70 |
| Essay/coursework | 30 |
Special assessment rules
None
Indicative reassessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 70 |
| Essay/coursework | 30 |
Module feedback
The timescale for the return of feedback will accord with School policy.
Indicative reading
Baye and Prince, Managerial Economics McGraw-Hill