Information Package

Program of Business Administration

İŞL156

MANAGERIAL ECONOMICS

Course Code
İŞL156
Semester
-
Theory+Practice
3 + 0
ECTS
4
Course TypeElective Course
Course LevelAssociate Degree
Year of Study-
Semester-
ECTS4
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Know the research subject of managerial economics and its connection with business.
  2. Know the economic environment and its relations with business.
  3. Understand the production factors of business.
  4. Know the elements of microeconomic theory related to business.
  5. Know the role and methods of microeconomic theory elements in the decision-making process of the establishment location in business.
  6. Understand the roles of these elements in the decision-making process related to capacity and growth in business.
  7. Understand the contribution of managerial economics to business functions.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNo
Course DescriptionWithin the scope of the course, the subjects of Business Administration and Economics are presented together. It is aimed to inform the students who take the course about the economic aspects of businesses, the environment of businesses, their structure, fundamental concepts, size, business mergers, selection of establishment location and fundamental business functions. Students who miss more than 30% of total class hours receive an F2 grade.
Course Contents
WEEK TOPICS
1st Week Introduction To The Course: What Is Managerial Economics?
2nd Week Economics and Business Relationship
3rd Week Economic Environment: Economic Markets and Systems
4th Week Factors of Production and Production
5th Week Demand Theory and Demand Elasticities
6th Week Cost Theory
7th Week Sales Revenue, Price, Pricing, Profit and Break-Even Analysis
8th Week Midterm
9th Week Productivity, Efficiency, Effectiveness, Profitability and Liquidity Analysis
10th Week Optimal Establishment Location
11th Week Economy of Scale and Capacity
12th Week Growth Decisions
13th Week The Contribution of Managerial Economics to Business Functions 1
14th Week The Contribution of Managerial Economics to Business Functions 2
Recommended or Required ReadingMuammer Doğan. (2021). İşletme Ekonomisi ve Yönetimi, Nobel Akademik Yayıncılık. Ankara
M. Tamer Müftüoğlu. (2013). İşletme İktisadı, Turhan Kitabevi, Yeniden Gözden Geçirilmiş 8. Bası. Ankara
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz
Individual or group work 15 1 15
Preparation for Final exam 1 40 40
Course hours 15 3 45
Preparation for Midterm exam 1 30 30
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load132
Total Work Load / 30 (h)4.4
ECTS Credit of the Course4
Language of InstructionTurkish
Work Placement(s)No
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