University Of Houston-Victoria
Course Online Syllabus
|Department||ECON||Course Number||3305||Section Number||23650|
|Name of Course||Managerial Economics|
|Name of Instructor||Glasure,Yong U.|
This information may not constitute all course policies; students are responsible for all course requirements established by their instructors during the semester and all institutional policies as established in the UHV student handbook.
As a result of this course, students will
- understand consumers' decision-making process in the product market.
- understand different market structures in the product market.
- understand the importance of regression analysis in the demand, production, and cost estimations.
- develop the ability to solve managerial decision problems on the cost of production and the level of production of goods.
- increase awareness of and experience with group dynamics and problem solving.
|Professor reserves right to modify syllabus and course schedule and other info|
|Weekly discussion board participation||30 points|
|Homework from each chapter||50 points|
|Mandatory group assignments||60 points|
|Exam 1 (online)||100 points|
|Exam 2 (online)||100 points|
|Exam 3 (online)||100 points|
|Optional cumulative final (online)||200 points|
Paul G. Keat and Philip K.Y. Young, Managerial Economics,6th ed., ISBN 0136040047.
Copy of Microsoft Excel 2007, if not 2003. If you have a copy of Excel 2010, save spread-sheets in the 2003 format.
No additional readings have been recommended for this course.
List of Discussion/Lecture Topics
- Use this course schedule as a guideline since the template used here is limited. You can find the detailed one on my homepage if you are enrolled in my course.
- Introduction to managerial economics; go over the syllabus
- The firm and its goals
- Supply and demand
- Demand elasticity
- Exam 1
- Install onto Excel Analysis Tool Pack and then practice running simple and multiple regressions using the data provided
- Demand estimation and forecasting; We will work on the group assignment 1 in class after brief lecture
- Spring Break
- The theory and estimation of production
- Group project 2 (20 points)
- Exam 2
- The theory and estimation of cost
- Group project 3 (20 points)
- Pricing and output decisions: perfect competition and monopoly
- Pricing and output decisions: monopolistic competition and oligopoly
- Exam 3 or optional Cumulative Final (are mutually exclusive). You take either Exam 3 or the cumulative final depending on your circumstances.;