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MANAGERIAL ECONOMICS

EIB3003 MANAGERIAL ECONOMICS
3 Credits

Pre-requisite None

Learning At the end of the course, students are able to:
Outcomes
1. explain managerial economic principles and concept;
2. analyse application of microeconomic theory especially in making business
decisions

Synopsis The contents of this course include price and market structures, demand and
supply, production and cost, firms under perfect competition and firms with
market powers; and decision making over time.

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References 1. Baye Micheal R (2003), Manegerial Economics and Business Strategy (4
Ed), McGraw-Hill.
2. Mark Hirschey & James L Pappas (2004), Fundamentals of Managerial
Economics, (6 Ed), Dryden Press.
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3. S. Charles Maurice and Christopher R. Thomas (2005) Manegerial
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Economics (6 Ed) Irwin.
4. Dominick Salvatore (2003) Managerial Economic on a Global
5. Economy (4 Ed). Harcourt College Publisher.
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Soft Skills C1, CS2, CS3
CT1, CT2, CT3
LL1, LL2

Assessment Continuous Assessment : 40%
Final Examination : 60%

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