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MBA - Managerial Economics
MANAGERIAL ECONOMICS
BBS7MEC
Faculty of Business
2011/12
MBA (Level 7)
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Table of Contents
1. Module Details.............................................................................................................................. .... 3
2. Short Description ...................................................................................................................... ........ 4
3. Aims of the Module ................................................................................................................ ........... 4
4. Learning Outcomes.................................................................................................................. .......... 5
4.1 Knowledge and Understanding............................................................................................................ 5
4.2 Intellectual Skills .......................................................................................................................... ...... 5
4.3 Practical Skills ................................................................................................................................ .... 6
4.4 Transferable Skills ...................................................................................................................... ........ 6
5. Assessment of the Module ................................................................................................................. 7
6. Feedback ........................................................................................................ ................................ 10
7. Introduction to Studying the Module ................................................................................................ 11
7.1 Overview of the Main Content .......................................................................................................... 11
7.2 Overview of Types of Classes ............................................................................................................. 11
7.3 Importance of Student SelfManaged Learning Time ........................................................................... 12
7.4 Employability................................................................................................................................ ... 13
8. The Programme of Teaching, Learning and Assessment ...................................................................... 14
9. Student Evaluation .................................................................................................................. ........ 21
10. Learning Resources.................................................................................................................. ........ 21
10.1 Core Materials .............................................................................................................................. .. 21
10.2 Optional Materials.................................................................................................................... ....... 21
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1. MODULE DETAILS
Module Title: Managerial Economics
Module Level: 7 (MBA)
Module Reference Number: BBS7MEC
Credit Value: 20 CATS POINTS
Student Study Hours: 200Contact Hours: 60
Blackboard Contact Hours: 20
Private Study Hours: 120
Prerequisite Learning (If applicable): None
Corequisite Modules (If applicable): None
Course(s): Executive MBA & MBA
Year and Semester 1 (Semester 1)
Module Coordinator: Ceyhun Elci
MC Contact Details Room:
Email:
Tel:
LR 317 (London Road)
020 7815 7071
Teaching Team & Contact Details:Room:
Email:
Tel:
Contact Details:
Room:
Email:
Tel:
Brain ArdyLR137 (London Road)
020 7815 8129
Michael Wood
LR 51 (London Road)
020 7815 7780
Subject Area: Business
Summary of Assessment Method: 1. Discussion Question Responses
2. Project Proposal and Outline Report
3. Unit Final Project Report
(See page 79)
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2. SHORT DESCRIPTION
This module is designed to provide students with an understanding of how economics can
inform managerial decisions and provide a range of tools for optimising the profitability of the
firm. Students will be introduced to many realworld case studies illustrating the concepts
studied in a practical context.
The unit will show how economic theory can reinforce decisionmaking in the development and
implementation of business strategy for greater competitiveness in the global economy. The
participants are introduced to the main themes of managerial economics and go on to study
some key management tools in detail. These include optimisation, demand analysis, production
and cost analysis, risk analysis, game theory, and pricing strategy. Consideration is given to the
importance of market structure and the role of government in the economy and in enterprises.
3. AIMS OF THE MODULE
The specific aims of this unit in Managerial Economics are to ensure that students can:
Understand the contribution economic theory can make to the analysis of issues in business
management;
Appreciate the value of economic tools in shaping business decisions and strategy for the
achievement of greater competitiveness;
Gain experience in the use of economics for business and management research, both
academic and practical.
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4. LEARNING OUTCOMES
4.1 Knowledge and Understanding
On completing the unit it is expected that students should be able to:
Demonstrate understanding of economic theory and its relevance to businessmanagement;
Apply economic tools to the analysis of complex business issues;
Critically evaluate the methodologies used in particular economic analyses;
Critically appraise managerial behaviour and firm behaviour in economic reasoning;
Demonstrate a critical understanding of market and government interaction;
Critically apply economic principles to management activities and mechanisms;
Demonstrate an indepth knowledge and comprehension of different methods of
economic evaluation;
Demonstrate a detailed understanding and evaluation of costs, revenues, and economic
financial performance of organisations;
4.2 Intellectual Skills
On completing the unit it is expected that students should be able to:
Evaluate and interpret economic tools, decisionmaking views and information from a
variety of sources;
Demonstrate information gathering, interpretation, and analytical/problem solving skills
with economics for management tasks;
Demonstrate capabilities in economic analysis to form managerial decisions with
strategic economic views;
Demonstrate an ability to apply the methods of economic analysis to the reallife
management decision making;
Critically evaluate alternative performance and success methods with new economic
tools for management;
Effectively communicate the outcomes of quantitative and quantitative decisionmaking
techniques.
Demonstrate the development of critical understanding and analytical judgment of
economic issues.
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4.3 Practical Skills
On completing the unit it is expected that students should be able to:
Develop group and team working skills through case studies and indepth topic
discussions within seminars and workshops;
Develop the ability to engage in selfmanaged learning, including reading and study
skills in preparation for class discussions, coursework and examination assessment,
while considering management tools;
Demonstrate an ability to understand and critically evaluate alternative viewpoints and
theories, weigh evidence and draw conclusions for the better;
Prepare and write a management report with economic theorems for management;
Develop information technology skills through the use of electronic databases and
software used in the corporate field. Interact with the World Wide Web for gathering
corporate information and publisher based learner support materials.
4.4 Transferable Skills
On completing the unit it is expected that students should be able to:
Communication skills through engaging in discussions and debate in the context
seminars (managerial teams)
Engage in interactive, problemsolving with other members of the unit throughdiscussion and debate about managerial decisions;
Problemsolving skills developed through individual work and interactive seminar
discussions;
Critical analysis and evaluation skills though negotiations and debates;
Written presentation skills for professional report writing;
Time management and planning skills in organising time and the working to assignment
deadlines.
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5. ASSESSMENT OF THE MODULE
The unit will be assessed through 3 assignments that will make up the units 100% coursework
assessment:
Unit assessment is made up of 3 main elements:
Assignment 1 Discussion Question Answers & Participation (30% weighting)
Students will have regular online Blackboard interaction with other students from the
unit and the unit team in order to help consolidate the students understanding of
theoretical concepts and to develop skills through discussion exercises. The content of
the online blackboard contact sessions will relate to the materials covered in the
lectures and reading material and will focus on Discussion Questions set by the unit
coordinator prior to weeks 2, 4, 6, 8 and 10.
For assignment 1 Students are required to submit a total of 5blackboard discussions
submissions in response to Discussion Questions that will be set by the unit coordinator
for blackboard submission. Student must submit their initial response to the Discussion
Question for week 2, 4, 6, 8 and 10 by the Sunday prior to the week. A typical answer
should have about 500 words, but it is the quality of the answer that matters, not the
number of words.
The submissions will then be followed by participation in the discussions with followon
postings to your peers answers, making 35 significant discussion question followup
postings in addition to your initial response for each Discussion Question. The questions
will be developed through the blackboard discussion board and in seminars following
the Sunday submission in weeks 2, 4, 6, 8 and 10.
Assignment 2 Unit Project Proposal & Outline Report (20% weighting)
Assignment 2 is to prepare a project proposal of the Final Project Report, for
Assignment 3. The unit requires students to complete a course project that reveals
mastery in application of the macroeconomic and microeconomic concepts emphasised
in the course. This involves reporting on a specific organisation within an industry and
optimal strategies involving pricing and resource utilisation that affect the value of the
chosen firm or industry (see Assignment 3; below).
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Assignment 2 is a proposal and outline of the work intended to be undertaken in the
final project report. The project proposal should include the nature of the students
final project, including the sources of information that is planned to use, and the most
important concepts and techniques to be applied in a managerial economics report.
Tasks are:
1. To assess the macroeconomic conditions and the opportunities and threats
suggested by these conditions for the chosen firm;
2. To analyse the microeconomic market structure and demand, cost, and
production conditions observed;
3. To evaluate the organisation itself for practises of risk management as well as
capital structure and budgeting;
4. To develop a reasoned and evidencebased managerial strategy based on these
macroeconomic, microeconomic, and organisationalspecific conditions in each
area of production, pricing, and resource utilisation.
The proposal and outline should have a 1,250word count and is to be submitted in
week 10, both to the faculty office and the unit blackboard turnitin system. You will
receive feedback on the proposal from the unit teaching team in Week 11, which will
give you time to make adjustments for the final project.
Assignment 3 Unit Final Project Report (50% weighting)
The final assignment is an Individual Final Project Report for the unit. The Individual
Final Project Report is to allow students to demonstrate their attainment of the
learning outcomes of the unit, through the application of the concepts and techniques
learnt.
The purpose of the Final Project is to apply the concepts and techniques of the unit to
the analysis of realworld situations or problems. Students are expected to use diverse
sources of information and to carry out an original analysis rather than summarise or
rehash existing work. Students are encouraged to use situations and data from their
own experience where possible.
The Final Project Report should be a formal report that provides both specific strategies
and tactics involving pricing, production, and resource utilisation in order to enhance
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the value of the chosen firm. These strategies and tactics are to be supported with
macroeconomic and microeconomic theory.
The Final Project Report should follow the given outline:
1. Brief company background and history;2. Description of firm's organisation and management model;
3. Competitor and market analysis;
4. Product and services pricing strategies;
5. Degree of regulation or deregulation;
6. Risk management;
7. Capital structure and budgeting;
8. Conclusion,
The Final Project should also include a section on how and where you obtained the
information sources as well as the methodology used to perform any analysis
The final report should have a 2,500word count and is to be submitted in week 13,
both to the faculty office and the unit blackboard turnitin system.
KEY DATES:
Discussion Question Responses: Deadline the Sunday (midnight) prior to the
start of weeks, 2, 4, 6, 8 and 10. Followed by 3
5 followup responses.
Project Proposal and Outline: Day of lecture in Week 10
Final Project Report: Day of lecture in Week 13
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6. FEEDBACK
Feedback will normally be given to students 15 working days after the submission of an
assignment.
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7. INTRODUCTION TO STUDYING THE MODULE
7.1 Overview of the Main Content
The main indicative content of the unit are:
To build on students experience to date of managerial services and foster your own
understanding of the issues that inextricably link management and economics. The aim is to
familiarise students with the main principles of managerial economics, focussing on the
economic evaluation of differing and new managerial technologies. The module will introduce
students to the conduct and critical appraisal of managerial economic evaluations. At the end of
the module, students should be able to recognise and understand key economic terms and
have the skills to engage in discussions with colleagues about the advantages and challenges of
using economics to make informed managerial decision making and prioritysetting of tasks.
On completion of this unit you should be able to:
Critically appraise managerial behaviour in terms of economic tools with further analysis
of the firm behaviour in managerial decision making aspects;
Demonstrate a critical understanding of economics if firm activities;
Critically apply economic principles to managerial activities and mechanisms;
Demonstrate an indepth knowledge and comprehension of different methods of
economic evaluation;
Demonstrate a detailed understanding and evaluation of costs, revenues, and economic
financial performance of organisations;
Demonstrate a critical understanding of the rational behind organisation management
in an economics perspective.
7.2 Overview of Types of Classes
Learning will be via a twohour lecture each week to introduce participants to the theories and
concepts underpinning the unit. Each weeks theme will be made up of several topics, which
will enable you to achieve the learning objectives for the week and one or more of the learning
outcomes of the module. These topics will be addressed in the Lecture Notes and readings for
the week.
This will be supplemented with a twohour seminar each week to provide extensive discussion
experience with the practical/applied aspects of the unit. The seminars will develop on
managerial economics themes through a combination of selfstudy and the use of open learning
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materials that will be provided via the blackboard. The seminars will require students to
undertake substantial interactions with other students and the teaching team, in order to
consolidate theoretical concepts and develop skills through discussion and exercises. The
content of these seminars will relate to the materials covered for each week and will include
Discussion Questions set by the teaching team.
The unit will use lectures and open learning materials to introduce the full range of topics that
need to be covered, although some additional detail will arise through discussion and
collaboration between students and the teaching teams professional experience in managerial
economics, and through students own exploration of recommended further reading. One of the
strengths of the seminarlearning program is the high level of student interaction, where
students are encouraged to share their own experiences in the classroom for the benefit of the
others.
Each part of the module has detailed learning objectives, indicating the topics and level of
competence that students should achieve on completion of that part.
7.3 Importance of Student SelfManaged Learning Time
Students will be studying this unit through a combination of selfstudy and classroom
interactions. Selfstudy materials are vital for achieving weekly learning outcomes and introduce
the full range of topics that need to be covered with prior selfstudy while after class selfstudy
links the material to own experiences.
Hence, all students are expected to undertake substantial selfmanaged learning time. The self
study part of the unit includes:
Overviewing the written and presented lecture notes covering managerial economics
topics within each of the unit;
Becoming aware of links to slides and other media offering additional insights to
managerial economics;
Analysing the recommended reading relating to the topics within the weekly theme.
It is important that all students understand that the lectures provide only an outline of the topic
under consideration. It is, therefore, essential that all students supplement lectures with
reading from both the lecture notes and the core reading. It is also important to keep abreast of
the topics being covered in the lectures, as many lectures build on material covered in previous
lectures. This means doing some reading every week, while engaging in discussions that will
develop fundamental economic management views that may not be obvious from just following
the lectures and the reading material.
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7.4 Employability
The unit aims to meet the expectations of industrial executive management employers. The unit
and course will develop techniques for students to be able to demonstrate an awareness of
economic theory and techniques that describe the role and function of top executive managers.
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8. THE PROGRAMME OF TEACHING, LEARNING AND
ASSESSMENT
Week 1: Introduction to economics for management
Topics
Economic models and assumptions
Pages 49 in Chapter 1 provides an introduction to the field of managerial
economics. The content examines the field of economic theory and decision
sciences and how these areas are incorporated into the decisionmaking process
for managerial economics.
Theory of the firm
Pages 1015 in Chapter 1 analyses the existence of the firm itself and the firms
primary functions. The theory of the firm is explained while constraints and
limitations are also introduced in order to evaluate the theorys usefulness.
The nature and function of profits
Pages 1623 in Chapter 1 illustrates the difference between business and
economic profits while also presenting several theories of profits. The reading also
examines the function of profits in a freeenterprise economy.
The global context of managerial economics
Pages 2328 in Chapter 1 discusses the growing implications for firms as they
operate and compete within an international framework. The author does write
from the viewpoint of an American firm, but the issues presented can be broadly
applied.
Demand, supply, and equilibrium
Pages 3236 in the Appendix to Chapter 1 a review of the basic economic concepts
of demand, supply, and equilibrium are provided. The appendix illustrates the
demand and supply curves while also discussing how shifts in such curves can
occur and the subsequent impact on equilibrium.
Selfstudy for Week 1:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Week 2: Management tools for optimisation and introduction to demand
Topics
Economic relationships
Pages 4147 in Chapter 2 analyses the economic relationships between total,
average, and marginal costs and revenues. The author explains each of the
concepts and also provides graphical representations.
Optimisation analysis
Pages 4752 in Chapter 2 analyses the marginal concept of costs and revenues, as
firms seek to optimise their performance. The author describes how firms should
produce to the point where marginal revenue equals marginal costs, which is
known as optimisation analysis.
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Benchmarking, reengineering, and the learning organisation
Pages 5259 in Chapter 2 discusses the popular tools of benchmarking, total quality
management, and reengineering as they apply to improving a firms performance.
The reading demonstrates a stark contrast between the three tools and analyses
the potential within each. The author also introduces the concept of the learning
organisation and describes the five basic components that serve as its foundation.
Other management tools for optimisation
Pages 6063 in Chapter 2 provides a general overview of several different
management tools that may be implemented for increasing efficiency and
competitiveness of the firm. While many of these tools are new, it is believed that
they will gain in popularity as firms seek novel and better ways to improve in the
future.
New Management Tools and Functional Specialisation
Pages 6467 in Chapter 2 provides a general overview of several new management
tools that are becoming more used for decisionmaking.
Selfstudy for Week 2:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Discussion Questions:
Submit DQ1 by Sunday prior to week 2 (see weekly reading handbook)
Week 3: Demand Theory and Analysis
Topics
Demand theory
Pages 8898 in Chapter 3 analyses consumer demand and the factors affecting it.
The author examines the forces that determine the demand for a firms particular
product.
Elasticity of demand
Pages 99116 in Chapter 3 analyses the responsiveness in the quantity demanded
of a commodity with regards to change in forces such as price, consumer income,
and crossprice (or related commodity prices).
Demand estimation
Pages 138146 in Chapter 4 discusses the marketing research approaches for the purpose of estimating demand for a firms commodity. The reading examines the
general difficulties in deriving a demand curve.
Selfstudy for Week 3:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
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Week 4: Introduction to Regression Analysis and Demand Forecasting
Topics
Basics of regression analysis
Pages 147150 in Chapter 4 provides a basic introduction to regression analysis and
how the regression equation is constructed.
Using regression analysis to estimate demand
Pages 167171 in Chapter 4 entail how a firm conducts regression analysis for the
purpose of estimating a demand curve. The author discusses the steps involved in
determining the appropriate regression model for demand estimation.
Demand forecasting
Pages 186214 in Chapter 5 provides a synopsis of the various quantitative and
qualitative methods that firms utilise to develop accurate economic forecasts. The
ability to forecast demand and sales are essential for organisations in the planning
of resources and production.
Selfstudy for Week 4: Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Discussion Questions:
Submit DQ2 by Sunday prior to week 4
Week 5: Production and Innovation
Topics
Production theory
Pages 232236 in Chapter 6 analyses the basic production function that thefirm must address with regards to the levels of labour and capital.
Production estimation
Pages 236258 in Chapter 6 outlines and discusses the approach toestimating production for a firm with one or two variable inputs. The readingalso explores the Law of Diminishing Returns and its relation to production.
Innovation
Pages 262269 in Chapter 6 discuss the meaning and importance of the
innovation process with regards to the production of the firm. Product and process innovation are explained, and the Open Innovation Model isexamined for future significance.
Selfstudy for Week 5:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Week 6: Cost Analysis and Estimation
Cost theory
Pages 280308 in Chapter 7 examines the nature of costs of production the
differences between accounting and economic costs.
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Short/Longrun and Economies of Scale
Pages 290-308 in Chapter 7 examines Total, average, and marginal costcurves are explained for both the short-run and the long-run. Examiningcosting in view of economies of scale. The Chapter also looks at theLearning curve and the minimising of costs through international
management.
Cost estimation
Pages 309315 in Chapter 7 provides a look at the methods for estimating
costs for a firm and explore plant size, economies of scale, economies ofscope, and the learning curve. Consideration is also given to supply chainmanagement and break-even analysis.
Selfstudy for Week 6:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Discussion Questions:
Submit DQ3 by Sunday prior to week 6
Week 7: Market structure
Topics
Perfect competition
Pages 340345 in Chapter 8 introduce the perfect competition market structure.
You will also examine how to determine price and output for the firm.
Monopoly
Pages 346360 in Chapter 8 outlines and discusses the monopoly structure.You will explore the sources for monopoly power and analyse the effects of
product variation and operational expenses.
Monopolistic competition
Pages 346360 in Chapter 8 outlines and discusses the monopolisticcompetition structure. Here you will analyse the effects of product variationand operational expenses under monopolistic competition.
Oligopoly and market concentration
Pages 370374 in Chapter 9 presents the various forms of the oligopoly and the
sources that lead to such a market structure. You will also be introduced to methods
for computing the market concentration of an industry to determine the degree to
which it is dominated by a few large firms.
Profitability and efficiency
Pages 383393 in Chapter 9 examine the implications of profitability and efficiency
on the oligopolistic firm. Porters strategic framework should help you to better
understand the strategic challenges that firms face as they attempt to maximise
sales.
Firm architecture
Pages 394402 in Chapter 9 provides a look at the alternatives for organising,
operating, and responding to change. The ideal firm and its general characteristics
are examined along with the rise of the creative and virtual corporations.
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Selfstudy for Week 7:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Week 8: Strategic decisions and Dominant Equilibriums
Topics
Game theory and strategic behaviour
Pages 416429 in Chapter 10 examine game theory and its application to
explaining and predicting the strategic behaviour of firms.
Strategic behaviour and international competitiveness
Pages 429432 in Chapter 10 incorporate the implications of action by international
firms in making strategic decisions as well as the possibility of government
interaction.
Dominant Strategy and Nash Equilibrium
Pages 416429 in Chapter 10 analyses the Nash equilibrium and the prisoners
dilemma as enhancements to game theory.
Price and Nonprice Competition
Pages 416429 in Chapter 10 examines the prisoners dilemma and considers the
decision element of competition, through both pricing and nonpricing competition,
in differing management decision markets.
Selfstudy for Week 8:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Discussion Questions:
Submit DQ4 by Sunday prior to week 8
Week 9: Pricing
Topics
Pricing strategy
Pages 441448 in Chapter 11 examine the issues of multiple products produced bya firm in determining price levels. You will explore the interrelationships of demand
and production for such products as well as fixed and variable joint production.
Price discrimination
Pages 449457 in Chapter 11 discusses the concept of price discrimination and how
the ability to discriminate affects pricing strategy. International price
discrimination, or dumping, is also considered along with the possible trade
restrictions that governments may impose.
Transfer Pricing
Pages 465-476 in Chapter 11 discusses the concept of transfer pricing as
alternative methods of pricing strategy.
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Pricing practices
Pages 465476 in Chapter 11 provides a look at the alternatives for pricing, such as
bundling, and skimming.
Selfstudy for Week 9:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Week 10: Regulation of the Economy
Topics
The role of government
Pages 494509 in Chapter 12 examine the role of government through the
economic theory of regulation and the public interest theory of regulation. You will
explore various ways that governments have regulated competition and their
effects on business decisions and consumers.
Enforcement of competition/antitrust laws
Pages 510517 and 518 in Chapter 12 outlines and discusses the major antitrust
laws that have been developed and how the legal system has interpreted these
laws based on organisational structure or business conduct.
Deregulation
Pages 517 and 519520 in Chapter 12 briefly examines the negative effects that
government regulation has created and the growing call for governments to loosen
the restrictions on business practices. The reading also introduces the benefits of
deregulation.
Regulation of international competition
Pages 519523 in Chapter 12 examine the reasons that governments enact trade
restrictions on international organisations. These restrictions protect domestic firms
from exporters that can charge lower prices; however, these restrictions are
generally not beneficial to consumers.
Taxation and its effects
Pages 523525 in Chapter 12 provide a brief look at the reasons that governments
impose corporate taxes on certain industries or products. You will find that taxes
can greatly influence the amount of investment in a country as well as the ability to
generate revenue.
Selfstudy for Week 10:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Discussion Questions:
Submit DQ5 by Sunday prior to week 10
Project Proposal & Outline:
Submit your Project Proposal
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Week 11: Risk Analysis
Topics
Measuring risk
Pages 533543 in Chapter 13 examine the methods for measuring risk and the
concepts that are essential for conducting risk analysis.
Dealing with risk
Pages 544556 in Chapter 13 discuss the importance of the managers attitude
towards risk with regards to decision making. You will also examine how to adjust
the valuation model for risk related to investment analysis and how decision trees
and simulation are being used to assist with complex decisions subject to risk.
Uncertainty
Pages 556569 in Chapter 13 examine how decisions are made under
conditions of uncertainty. This rather subjective process can be aided with
the use of some objective decision rules: the maximin criterion and the
minimax regret criterion.
Selfstudy for Week 11:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Week 12: Investment Decisions and Capital Budgeting
Capital budgeting
Pages 580592 in Chapter 14 provide an overview of the capital budgeting process
and the various steps that are involved.
Capital Rationing and the Profitability Index
Pages 580592 in Chapter 14 examine the important concepts of cash flows, net
present value, and internal rate of return in evaluating investment projects.
The cost of capital
Pages 592601 in Chapter 14 explore the two general funding sources available to
firms and how to calculate the cost of each. As these funding sources are vital for
undertaking capital projects, firms must use the cost of capital to discount cash
flows and also as a benchmark against the internal rate of return for a project.
Reviewing Investment Projects After Implementation
Selfstudy for Week 12:
Read and/or review the lecture notes for each topic
Read the textbook pages indicated under each topic
Week 13: Final Project Report
Final Project:
Submit your Final Project Report
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Other Materials
London South Bank Universitys Intranet and computer based resources, CLSD LSBU
library.
The Economist magazines, journals & relevant articles in boardsheet newspapers.
Managerial Economics Blackboard Site.