1. COURSE OBJECTIVES
This course aims to equip applied economic knowledge about the decision-making mechanism of managers, through price theory, the behavior of individuals and firms, and the decision-combining mechanism of real-world entities. economy in the market. The module begins by reviewing the supply and demand model, the elasticity of demand. Next, the module focuses on the theory of enterprises with such contents as: production process and costs, profit maximization, behavior of firms, decision making of managers in different market structures. Finally, the module deeply discusses some theoretical and practical valuation methods, as well as the interdependence between firms through understanding and analyzing a number of economic games. Micro-analyses are covered by the module in the macroeconomic environment, with basic macro-analyses. In particular, the module provides knowledge to apply these economic tools to real situations, using econometric tools to make management decisions through such contents as: demand, output estimate, cost function estimate, etc.
2. COURSE CONTENTS
|
No. |
Contents |
Time Allocation |
Teaching Method |
Contribution to CLO |
|||
|
Hour(s) on the class |
Essays, exercise, Assignments (3) |
Self-study with teacher’s tutorials (4) |
|||||
|
Lecture (1) |
Practice, Seminar (2) |
||||||
|
1 |
Chapter 1: Some basic concepts |
3 |
0 |
0 |
5.5 |
Presentation, Discussion |
1, 3, 4 |
|
2 |
Chapter 2: Demand analysis, demand estimation and forecasting |
3 |
0 |
0 |
5 |
Presentation, Discussion |
1, 2, 3, 4 |
|
3 |
Chapter 2: Demand analysis, demand estimation and forecasting (cont.) |
3 |
0 |
0 |
5.5 |
Presentation, Discussion |
|
|
4 |
Chapter 3: Production theory and production function estimation |
3 |
0 |
0 |
5 |
Presentation, Discussion |
1, 2, 3, 4 |
|
5 |
Chapter 3: Production theory and production function estimation (cont.) |
3 |
0 |
6 |
5.5 |
Presentation, Discussion |
|
|
6 |
Chapter 4: Cost theory and cost function estimation |
3 |
0 |
0 |
5 |
Presentation, Discussion |
1, 2, 3, 4 |
|
7 |
Chapter 4: Cost theory and cost function estimation (cont.) |
3 |
0 |
0 |
5.5 |
Presentation, Discussion |
|
|
8 |
Chapter 5: Firm behavior in market structures |
3 |
0 |
0 |
5 |
Presentation, Discussion |
1, 2, 3, 4 |
|
9 |
Chapter 5: Firm behavior in market structures (cont.) |
3 |
0 |
5 |
5.5 |
Presentation, Discussion |
|
|
10 |
Chapter 6: Product pricing |
3 |
0 |
0 |
6 |
Presentation, Discussion |
1, 2, 3, 4 |
|
11 |
Chapter 6: Product pricing (cont.) |
3 |
0 |
0 |
6 |
Presentation, Discussion |
|
|
12 |
Chapter 6: Product pricing (cont.) |
3 |
0 |
5.5 |
5.5 |
Presentation, Discussion |
|
|
13 |
Chapter 7: Game theory and competitive strategy |
3 |
0 |
0 |
6 |
Presentation, Discussion |
1, 2, 3, 4 |
|
14 |
Chapter 7: Game theory and competitive strategy (cont.) |
3 |
0 |
6 |
5 |
Presentation, Discussion |
1, 2, 3, 4 |
|
15 |
Chapter 7: Game theory and competitive strategy (cont.) |
3 |
0 |
0 |
5.5 |
Presentation, Discussion |
1, 2, 3, 4 |
|
Total (hour) |
45 |
0 |
22.5 |
82.5 |
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3. COURSE ASSESSMENT
– Score ladder: 10
– Type of assessment
|
Form |
Content |
Criteria |
CLO |
Proportion |
|
|
Formative |
Attendance |
Attend all the lectures |
The number of attendances and participation in lessons |
1,2,3,4 |
10% |
|
Midterm
|
Individual Report |
|
1,2,3,4 |
30% |
|
|
Summative |
Final test with multiple choice and writing questions for 60 minutes |
What have been studied during the course |
|
1,2,3,4 |
60% |
|
Total |
100% |
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