Study Abroad and Exchanges

Modules

Modules

ACC2063 : Managerial and Business Economics (Study Abroad S1)

Semesters
Semester 1 Credit Value: 10
ECTS Credits: 5.0

Aims

To introduce students to economic issues and decision-making tools, relating to major topics like demand analysis and estimation and production and cost functions.

Outline Of Syllabus

OPTIMISATION: A BRIEF REVIEW
•       Univariate optimisation
•       Multivariate optimisation

CONSUMPTION & DEMAND
• Axioms of traditional consumer theory
• Quantitative demand analysis
• Indifference curves, consumption decisions and demand

PRODUCTION, COSTS & SUPPLY
• Economic analysis of production
• Cost functions (traditional and modern)
• The organization of the firm

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture92:0018:00N/A
Guided Independent StudyAssessment preparation and completion132:0032:00N/A
Guided Independent StudyDirected research and reading125:0025:00N/A
Guided Independent StudyIndependent study125:0025:00N/A
Total100:00
Jointly Taught With
Code Title
ACC2002Managerial and Business Economics
Teaching Rationale And Relationship

Formal lectures are used to explain the issues, and to introduce concepts and techniques. Revision sessions are held, designed to be both explanative and interactive and offering the opportunity to explore issues raised in lectures. Students have the opportunity to develop and practise key skills in these sessions. Students are able to judge their progress in the module through feedback in these sessions. Large group feedback sessions are used to provide answers to quantitative questions in the 1,500 word report.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Report1A100N/A
Assessment Rationale And Relationship

The 1,500 word report provides an opportunity for students to demonstrate their business knowledge and written communication (report writing) skills.

Reading Lists

Timetable