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BUSINESS ADMINISTRATION (MBA) (ENGLISH) PROGRAMME
COURSE DESCRIPTION
Name of the Course Unit Code Year Semester In-Class Hours (T+P) Credit ECTS Credit
MANAGERIAL ECONOMICS MNG507 1 2 3+0 3.0 9.0


Objectives and Contents
Objectives of the Course Unit 1. To introduce students to optimization techniques 2. To promote tools and techniques for managerial decision making. 3. To understand market structures. 4. To understand demand and supply analysis. 5. To understand production theory and cost estimation. 6. To help managers recognize how economic forces affect organizations. 7. To understand economic consequences of managerial behavior. 8. To understand variables and interpret them. 9. To understand the role of government in economy. 10. To evaluate impact of policies on economy.
Contents of the Course Unit This course develops principles of microeconomics to enable managers to manage more effectively in relation to customers, suppliers, competitors, complementors,and the regulatory environment. The course introduces the basic microeconomic theories of marginal analysis and competitive markets. It then develops principles of cost, strategic, and organizational analysis. Managerial economics provides a set of fundamental building blocks for other disciplines, including accounting, corporate finance, human resource management (incentives and organization), marketing (brand extensions, promotion, and pricing), and general business strategy.
Contribution of the Course Intending to Provide the Professional Education The course serves as the key to professional competence. Analysis tools are imporant to understand events in the profession effectively and efficiently and to produce effective policies.

EBS : Kıbrıs İlim Üniversitesi Eğitim Öğretim Bilgi Sistemi Kıbrıs İlim Üniversitesi AKTS Bilgi Paketi AKTS Bilgi Paketi ECTS Information Package Avrupa Kredi Transfer Sistemi (AKTS/ECTS), Avrupa Yükseköğretim Alanı (Bologna Süreci) hedeflerini destekleyen iş yükü ve öğrenme çıktılarına dayalı öğrenci/öğrenme merkezli öğretme ve öğrenme yaklaşımı çerçevesinde yükseköğretimde uluslarası saydamlığı arttırmak ve öğrenci hareketliliği ile öğrencilerin yurtdışında gördükleri öğrenimleri kendi ülkelerinde tanınmasını kolaylaştırmak amacıyla Avrupa Komisyonu tarafından 1989 yılında Erasmus Programı (günümüzde Yaşam Boyu Öğrenme Programı) kapsamında geliştirilmiş ve Avrupa ülkeleri tarafından yaygın olarak kabul görmüş bir kredi sistemidir. AKTS, aynı zamanda, yükseköğretim kurumlarına, öğretim programları ve ders içeriklerinin iş yüküne bağlı olarak kolay anlaşılabilir bir yapıda tasarlanması, uygulanması, gözden geçirilmesi, iyileştirilmesi ve bu sayede yükseköğretim programlarının kalitesinin geliştirilmesine ve kalite güvencesine önemli katkı sağlayan bir sistematik yaklaşım sunmaktadır. ETIS : İstanbul Aydın University Education & Training System Cyprus Science University ECTS Information Package ECTS Information Package European Credit Transfer and Accumulation System (ECTS) which was introduced by the European Council in 1989, within the framework of Erasmus, now part of the Life Long Learning Programme, is a student-centered credit system based on the student workload required to achieve the objectives of a programme specified in terms of learning outcomes and competences to be acquired. The implementation of ECTS has, since its introduction, has been found wide acceptance in the higher education systems across the European Countries and become a credit system and an indispensable tool supporting major aims of the Bologna Process and, thus, of European Higher Education Area as it makes teaching and learning in higher education more transparent across Europe and facilitates the recognition of all studies. The system allows for the transfer of learning experiences between different institutions, greater student mobility and more flexible routes to gain degrees. It also offers a systematic approach to curriculum design as well as quality assessment and improvement and, thus, quality assurance.