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POL PME2 - Managerial Economics II Q3

Faculty
TBA
Course Coordinator
TBA
Prerequisite
English A and Mathematics B. History B, Social Science B, International Economics B, History of Ideas B or Contemporary History B
Prerequisite/progression of the course
Managerial Economics I
Course content, structure and teaching
Progressing from the topics covered in the first semester, the second semester covers the following topics:
  • Optimizing under Different Market Forms, Decision Situations and Restrictions: The objective is to set up conditions and assumptions regarding optimizing under different market forms, decision-making situations and restrictions. Further students’ should be able to use this background information to set up relevant optimizing scenarios and models.
  • Cash-flow Establishing, Uncertainty and Evaluating the Investments’ Profitability: The objective is to establish and evaluate cash flows and the uncertainty regarding this matter. Further it is to use this knowledge as a foundation while setting up relevant investment calculus used in deciding on an investment’s profitability.
  • Basics in Capital Raising and the Evaluation of Possible Financing Methods. The objective is to explain the basics within raising capital, and set up a calculus used for evaluating different financing alternatives.
Learning Objectives
After having followed the course the student should be able to:
  • Describe and rationalize the different models and theories in the entire syllabus, including the basic assumptions behind these models and theories.
  • Describe and discuss knowledge regarding the situations where these models and theories can be used.
  • Analyze, foresee, and discuss the relevant and non-relevant facts in relation to the definite business economic as well as practical problem formulation.
  • Generally and specifically identify, analyze and problem-solve, using professional vocabulary, methods, theories, and models.
  • Apply personal problem-solving methods in relation to theory and practice and reflect over personal problem-solving and results in a self-critical manner.
Type of examination, exam aids and assessment
Individual oral exam (20 minutes per student) based on a written group report and the course curriculum, including topics covered in ME 1. A group must consist of 3-5 students. Graded by teacher and external censor on the 7-point scale. The grade is based on an overall assessment of the written report and the oral performance. The ordinary exam is in April.
Re-exam when the ordinary exam is failed is an individual oral exam (20 minutes per student) based upon the same group report with a 3-page supplement. The re-exam is in August.
Make-up exam for students who participated in writing the group report but were ill at the oral exam is an individual oral exam (20 minutes per student) based on the same group report.
Make-up exam for students when ill during writing the report is an individual oral exam (20 minutes per student) based on an individual written report.

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