363-0511-00L  Managerial Economics

SemesterAutumn Semester 2019
LecturersP. Egger, M. Köthenbürger
Periodicityyearly recurring course
Language of instructionGerman
CommentNot for MSc students belonging to D-MTEC!



Courses

NumberTitleHoursLecturers
363-0511-00 VManagerial Economics3 hrs
Tue17:15-18:00HG F 1 »
Wed08:15-10:00HG G 3 »
P. Egger, M. Köthenbürger

Catalogue data

Abstract"Managerial Economics" provides an introduction to the theories and methods from Economics and Management Science to analyze economic decision-making in the context of markets. The course targets students with no prior knowledge in Economics and Management.
ObjectiveThe objective of this course is to provide an introduction to microeconomic thinking. Based on the fundamental principles of economic analysis (optimization and equilibrium), the focus lies on understanding key economic concepts relevant for understanding and analyzing economic behavior of firms and consumers in the context of markets. Market demand and supply are derived from the individual decision-making of economic agents and market outcomes under different assumptions about the market structure and market power (perfect competition, monopoly, oligopoly, game theory) are studied. This introductory course aims at providing essential knowledge from the fields of Economics and Management relevant for economic decision-making in the context of both the private and public sector.
Literature"Mikroökonomie" von Robert Pindyck & Daniel Rubinfeld, aktualisierte 8. Auflage, 8/2013, (Pearson Studium - Economic VWL).
Prerequisites / NoticeThe course targets both Bachelor and Master students. No prior knowledge in the areas of Economics and Management is required.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits4 credits
ExaminersM. Köthenbürger, P. Egger
Typesession examination
Language of examinationGerman
RepetitionThe performance assessment is offered every session. Repetition possible without re-enrolling for the course unit.
Mode of examinationwritten 90 minutes
Additional information on mode of examinationDie Prüfung kann am Computer stattfinden.
Written aidsNicht-programmierbarer Taschenrechner.
Non-programmable calculator.
Online examinationThe examination may take place on the computer.
This information can be updated until the beginning of the semester; information on the examination timetable is binding.

Learning materials

No public learning materials available.
Only public learning materials are listed.

Groups

No information on groups available.

Restrictions

There are no additional restrictions for the registration.

Offered in

ProgrammeSectionType
Doctoral Department of Mechanical and Process EngineeringDoctoral and Post-Doctoral CoursesWInformation
Electrical Engineering and Information Technology BachelorEconomics, Law and Management ElectivesWInformation
Electrical Engineering and Information Technology MasterElectivesWInformation
Management, Technology and Economics (General Courses)General CoursesZInformation
Mechanical Engineering BachelorElectivesWInformation