GRADUATE SCHOOL

Logistics Management (Without Thesis)

BA 513 | Course Introduction and Application Information

Course Name
Managerial Economics
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
BA 513
Fall/Spring
3
0
3
7.5

Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
Second Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course -
Course Coordinator -
Course Lecturer(s) -
Assistant(s) -
Course Objectives This course examines the use of economic information and analysis in making business decisions. Topics include: modeling concepts, demand analysis and forecasting, production and cost analysis, pricing, and uncertainty.Bu ders, işletme karar sürecinde iktisadi bilgilerin kullanımı ve analizi konularını incelemektedir. Kapsanan konular: modelleme kavramları, talep analizi ve tahmin yürütme, üretim ve maliyet analizi, fiyatlama, ve belirsizlik.
Learning Outcomes The students who succeeded in this course;
  • will be able to define the basic concepts of managerial economics,
  • will be able to compare the economic optimization and economic maximization
  • will be able to evaluate the complexities of demand and supply forecasting and its aplication to business decision such as componsation, pricing and production levels,
  • will be able to explain important characteristics of different competitive markets,
  • will be able to evaluate the relation between cost of competition and cost of regulation of competitive markets
  • will be able to evalute the effects of this relation on business decision
Course Description  This course examines the use of economic information and analysis in making business decisions. Students will further develop their understanding of microeconomic analysis and its relevance to real business and develop an understanding of the scope and limitations of economic analysis in solving business problems.Topics include: modeling concepts, demand analysis and forecasting, production and cost analysis, pricing, competitive markets, imperfect competition, monopoly, monopsony, oligopolies, and uncertainty.Bu ders, işletme karar sürecinde iktisadi bilgilerin kullanımı ve analizi konularını incelemektedir. Öğrenciler mikroekonomik analiz ve mikroekonominin gerçek işletmedeki yerini, iktisadın işletme problemlerini çözmedeki kapsam ve limitleri konularındaki yetilerini geliştireceklerdir. Bu dersin kapsamındaki konular: modelleme konseptleri, talep analiz ve tahmini, üretim ve maliyet analizi, fiyatlandırma mekanizmaları, rekabetçi, monopol, monopson ve oligopol piyasalar ile belirsizliktir.

 



Course Category

Core Courses
X
Major Area Courses
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Course IntroductionDerse Giriş
2 Economic Decision MakingEkonomi’de Karar Alma Mekanizması
3 Economic Optimizationİktisadi Optimizasyon
4 Demand and SupplyTalep ve Arz
5 Consumer DemandTüketici Talebi
6 Demand AnalysisTalep Analizleri
7 Demand EstimationTalep Tahminleri
8 MidTerm ExamAra Sınav
9 Production AnalysisÜretim Analizi
10 Cost AnalysisMaliyet Analizi
11 Cost EstimationMaliyet Tahminleri
12 Competitive MarketsPerformance & Strategy inCompetitive MarketsRekabetçi Piyasalarda Performans ve Strateji
13 Monopoly and MonopsonyMonopolistic Competition andOligopolyMonopol ve Monopson PiyasalarMonopolistikRekabetçi ve Oligopol Piyasalar
14 Game TheoryOyun Teorisi
15 Pricing PracticesFiyatlandırma Uygulamarı
16 Review of the Semester  

 

Course Notes/Textbooks Managerial Economics, 11th Edition, Mark Hirschey, Dryden Press, 2005,
Suggested Readings/Materials

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
3
30
Presentation / Jury
Project
1
50
Seminar / Workshop
Oral Exams
Midterm
1
20
Final Exam
Total

Weighting of Semester Activities on the Final Grade
100
Weighting of End-of-Semester Activities on the Final Grade
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
16
4
64
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
4
10
40
Presentation / Jury
0
Project
1
60
60
Seminar / Workshop
0
Oral Exam
0
Midterms
1
15
15
Final Exam
0
    Total
227

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 Being able to contribute to the institution the participant works for and the logistics sector by the use of the knowledge and abilities gained during the education period; and manage change in the institution and the sector; X
2 Reaching a competency about contemporary business and technology applications in the area of logistics and supply chain management and analysis and strategy development methods; X
3 Being able to create opportunities by combining supply chain management with information technologies and innovative processes by the use of the interdisciplinary courses the participants take; X
4 Having the ability to develop creative solutions by working on global logistics and supply chain subjects and realizing these by the use of their project management knowledge; X
5 Having the knowledge, abilities and capabilities required for effective logistics and supply chain management by the use of a problem and case analysis based learning; X
6 Being able to examine logistics and supply chain processes with the management science viewpoint, analyze related concepts and ideas by scientific methods; X
7 If continuing to work in the academia, having the necessary information on logistics applications; if continuing to work in the sector, having the necessary knowledge on conceptual subjects; X
8 Being able to specify appropriate research questions about his/her research area, conduct an effective research with the use of necessary methods and apply the research outcomes in the sector or the academia;
X
9 Being able to follow the changes and developments in the sector the participant works in, in order to keep his/her personal and professional competence updated and develop himself/herself when necessary; X
10 Be experts in the fields of logistics and supply chain with the help of the sectorfocused education they receive; X
11 Have the necessary capabilities to pursue doctoral studies in national and foreign institutions X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 


Izmir University of Economics
is an establishment of
izto logo
Izmir Chamber of Commerce Health and Education Foundation.
ieu logo

Sakarya Street No:156
35330 Balçova - İzmir / Turkey

kampus izmir

Follow Us

İEU © All rights reserved.