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Spring semester - BA - IBM - Year 2 Calendar view

Managerial Economics (2022-2023)


Class
Ming-Jin Jiang
Enrolment for this class is currently closed.

Year 2 Intl Business Management - Core

 


Managerial Economics
Thursday and Thursday from 11:30 am to 13:00pm 

Join the class online: https://meet.google.com/afh-qvnd-ino 

Level 4 (Year 2)

Credits: 10 ECTS

Module leader: Ming-Jin Jiang

Office hour: TBA

Assessment methods

  • A1 - In class exercise (10%)
  • A2 - In-class exercise (10%)
    • This exerise assess your understanding and application of cost of capital and optimal capital structure
    • Marking Grids: Grade_Criteria_A2.pdf
  • A3 - In-class exercise (10%)
    • This exerise will assess your understanding and application of a risk management tool - option contracts
    • Marking Grids: Grade_Criteria_A3.pdf
  • A4 - In-class exercise (10%)
    • This exerise will assess your understanding and application of optimal contracting when facing hidden information and hidden actions
    • Marking Grids: Grade_Criteria_A4.pdf
  • A5 - Case Study (70%)

Learning Outcome

At the end of the module you will be able to:

LO1. Develop capacity to express and explain to yourself and to non-economist clearly using an economic framework when discussing an industry or business and how that market structure affects firm decisions.

LO2. Solve well-defined problems related to business decision making and provide solution to strategic interactions with other firms in the industry

LO3. Be able to conduct demand and supply analysis for individual firm as well as for the aggregate economy

LO4. Be able to explain and discuss the macroeconomic conditions required for a variety of firm pricing strategies to be profitable.

 

For more detail, please download the attached MSG:/files/100570/ME_2023_-_MSG_(1)(2).pdf

 

Here is the class outline:

Join the class online & Watch the recordings

Join this module online

Week 1 - Introduction to the module

Week description

Week 2 - Firm Behaviour under Various Market Structures

Week description

Week 3 & 4 - Game Theory

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Class activity - an interactive game

Week 5 - Oligopoly

Week description

Week 6 & 7 - Capital Structure

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Week 8 and 9 - Risk Management

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Week 9 &10 & 11 - Asymmetric Information: Adverse Selection and Moral Hazard

Week description

Week 11- Internal Control: Board of Directors

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Week 12 - External Control: Merger and Acquisition

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Week 13 - Firm Valuation

Week 14 REGULATION AND ANTITRUST LAW