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İzmir Ekonomi Üniversitesi

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    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 -
    National Occupation Classification -
    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.
    Related Sustainable Development Goals

     



    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

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