ECON Managerial S14

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    Texas Womans UniversitySchool of Management

    Course Syllabus______________________________________________________________________

    ECO 5!"#$ % Managerial Economics

    S&ring '$!We(nes(ay $)*$$+,*5$ -M.S/ $!

    01ST2UCTO2 013O2M.T0O1Instructor: 4ilbert 6 Werema7 -h8Email Address: g9erema:t9u6e(uOffice Phone: ;STU8E1T @E.21014 OUTCOMES AS@OsB)*hat the student 'ho successfull# and satisfactoril# completes the course should(no' or "e a"le to do+:

    1% E,plain the classical model of price formation includin! the a"ilit# to e,plain the

    principles and determinants of suppl# and demand%

    -% E,plain ho' prices ad.ust to shifts in the determinants of the underl#in! suppl#

    and demand structures as 'ell as ho' to ta(e these shifts into account in

    decision ma(in! for firms%

    /% E,plain ho' different mar(et structures affect price formation and ho' different

    mar(ets structures require different modes of mana!erial decision ma(in!%

    4% 0emonstrate the "asic tools of strate!ic anal#sis and "e a"le to appl# "asic

    !ame theor# to decision ma(in! conte,ts%

    % E,plain and appl# the economic concept of ris( to decision ma(in!%

    2% E,plain the impacts of imperfect and as#mmetric information on mar(et

    outcomes%

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    TET/OODS

    &I&LE: 3ana!erial Economics

    Edition: th

    Author: 5a#e

    I657: 899/-/--4

    Cop#ri!ht ;ear: -14

    Pu"lisher: 3c

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    42.8014

    Include a summar# of ho' each student 'ill "e ealuated on hisBher performance on theassi!nmentsBactiities for the course% ;ou ma# 'ish to place additional documents on thecourse website that clarify the criteria for grading. Many faculty use a chart such as the

    following for this section.

    Assi!nment Point alue

    3idterm 100

    Final E,am 100

    Home'or( 1

    Dui>>es 10

    Pro.ect 10

    &O&AL 00

    &he follo'in! !radin! scale 'ill "e used:

    POI7& AL@E

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    .8. 1on=8iscrimination -olicy6tudents *ith 0isa"ilitiesIf #ou anticipate the need for reasona"le accommodations to meet the requirements ofthis course$ #ou must re!ister 'ith the office of 0isa"ilit# 6upport 6erices )CFO 12$

    84=8=//$ [email protected]+ in order to o"tain the required official notification of #ouraccommodation needs% Please plan to meet 'ith me "# appointment or durin! officehours to discuss approed accommodations and ho' m# course requirements andactiities ma# impact #our a"ilit# to full# participate%

    .-. 3ormat&he official form and st#le format for the 6chool of 3ana!ement is APA% All 'rittenassi!nments must use appropriate APA format for citations$ references$ and otheraspects of form and st#le%

    Syllabus SubIect to Change

    &he data proided in this document is for information and plannin! onl#% &he dates aresu".ect to chan!e "ased on the material coered and une,pected circumstances thatrequire chan!in! the schedule%

    Class .tten(anceEach student is e,pected to attend eer# class session% ?esearch indicates thatattendance in class is a necessar# factor in the learnin! process% &herefore$ a"sencesfor all reasons must "e (ept to a minimum% 6tudents are held responsi"le for allacademic 'or( required or performed durin! their a"sence re!ardless of the reasons forthose a"sences% If #ou are a"sent$ #ou must o"tain an# missed information from #ourfello' classmates% It is also important for students to arrie at class on time so actiities

    'ill not "e dela#ed or interrupted "# late arrials% Please (no' ahead of time thatmissin! a class for most reasons *ILL ?E6@L& in a loss of attendanceBparticipation!rade points% Each person (no's the class dates 'ell ahead of time% 7o e,tra 'or( orma(e=up 'or( 'ill "e assi!ned or accepted as credit for hain! missed all or part ofan# class% E,cessie iolations of the attendance polic# ma# result in the studentreceiin! a !rade of F%

    0nternet an( EmailAll students are e,pected to hae access to the Internet and hae &*@ emailaddresses% 7ote that #ou can contact other students in the class throu!h 5lac("oardemail. BE SURE that you regularly check your TWU email address or have it forwardedto your regular email address%

    Cell -hone -olicyClassroom disruption "# cell phones and pa!in! deices is prohi"ited% A student facin!the possi"ilit# of receiin! emer!enc# calls ma# leae the deice on silent or i"ratemode durin! class if heBshe has preiousl# informed the professor% Other'ise$ all cell

    https://owa.twu.edu/owa/redir.aspx?C=682408ce7918446b885dce9668fa2f1e&URL=mailto%[email protected]://owa.twu.edu/owa/redir.aspx?C=682408ce7918446b885dce9668fa2f1e&URL=mailto%[email protected]
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    phones and pa!ers must "e turned off at the "e!innin! of class% ?outine 'or(=relatedcalls or personal calls from friends are not considered emer!encies% ?epeated iolationof this polic# is su".ect to dismissal or failure in the course%Electronic deices utili>ed ina learnin! conte,t$ such as laptops and lan!ua!e interpreters$ ma# "e permitted at theprofessorGs discretion% A student ma# face a >ero andBor failure in the class if an

    electronic deice is used for cheatin! durin! a test%

    Examination -olicy6tudents are e,pected to ta(e the final e,am at the time stated in the pu"lished courseschedule%

    -osting of 3inal 4ra(esEach facult# mem"er has the ri!ht to post or not post final course !rades for eachclass% Final course !rades proided to a student "# a facult# mem"er ma# not "e reliedupon as official% 6tudents ma# access their official final !rades online% Accordin! toFE?PA$ facult# ma# not proide final !rade information to students ia telephone$ email$

    postin! or an# other source 'hich mi!ht compromise student confidentialit#%

    @ate .ssignmentsLate assi!nments ma# "e accepted$ at the prero!atie of the instructor$ if there is aalid reason for the late su"mission% &he student 'ill "e penali>ed - of the !radedurin! the first 'ee( after the due date of the assi!nment% Assi!nments 'ill not "eaccepted more than one 'ee( late%

    Use of anti&lagiarism soft9areIn an effort to ensure the inte!rit# of the academic process$ &e,as *omanGs @niersit#i!orousl# affirms the importance of academic honest# as defined "# the 6tudent

    Hand"oo(% &herefore$ in an effort to detect and preent pla!iarism$ facult# mem"ers at&e,as *omanGs @niersit# ma# no' use a tool called &urnitin to compare a studentGs'or( 'ith multiple sources% It then reports a percenta!e of similarit# and proides lin(sto those specific sources% &he tool itself does not determine 'hether or not a paperhas "een pla!iari>ed% Instead$ that .ud!ment must "e made "# the indiidual facult#mem"er% All required assi!nments in this course ma# "e chec(ed for pla!iarism usin!&urnitin%com orsome of the required assi!nments in this course orAssi!nments 'ill "erandoml# chec(ed%

    COU2SE [email protected]?E [email protected] SCGE8U@E**ee( 0ate Assi!nment Chapter

    1 an% 1 &he Fundamentals of3ana!erial Economics 1

    3ar(et Forces:0emand and 6uppl# -

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    - an% -- Duantitatie 0emand Anal#sis /

    / an% -8 &he &heor# of Indiidual 5ehaior 4

    4 Fe"% &he Production Process and Costs

    Fe"%1- &he Or!ani>ation of the Firm 2

    2 Fe"%18 &he 7ature of Industr# 9

    9 Fe"%-2 3ana!in! in Competitie$ 3onopolistic$and 3onopolisticall# Competitie 3ar(ets

    TEST =