The Chinese University of Hong Kong

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DSME 4040 Managerial Economics

Related Textbook(s)/Reference(s):
1 sharing(s) available for this course
Average Rating:

8.00


Anonymous shared this review at 1:00pm 19 November 2012
  • Professor: Wen Cao
  • Language: English
Rating:

8.00

Course Description
Managerial economics is a branch of microeconomics. It focuses on applying microeconomic tools to 
the  decision-making  in  business  firms.  This  course  introduces  you  to  an  economic  toolkit  and  a
strategic analysis framework for making managerial decisions in the modern business landscape  with 
scarce resources, competitive pressures, and government oversight.
This  course  addresses  a  wide  variety  of  problems  faced  by  business  managers  –  issues  such  as 
optimality of pricing strategies, soundness of investment decisions, and effectiveness of the hiring and
rewarding system.  Emphasis is put on developing strategies to tackle these problems using economic 
tools. 
會涉及pricing和game theory等。課程較簡單,但是實用
Assessment
Class Participation            50pts (10%)
Homework (2) 100pts (20%)= 2 × 50pts
Group Project                  100pts (20%)
Test One 100pts (20%)
Test Two 150pts (30%)
Total points                      500pts
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