Microeconomics for Managers

Queen Mary, University of London

Course Description

  • Course Name

    Microeconomics for Managers

  • Host University

    Queen Mary, University of London

  • Location

    London, England

  • Area of Study

    Business Management, Economics

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • UK Credits

    15
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    Credits: 15.0
    Overlap: None
    Prerequisite: None
    The module applies microeconomics to problems confronting managers, in particular general managers. It focuses on markets, prices and market structure in two different situations, those in which markets are generally competitive, being large, impersonal and anonymous, and those in which identities matter. Examples of the latter are large firms in which the identities of competitors, suppliers, and sometimes customers matter, and more personal economic relations such as that between employer and employee in which identities always matter. Analysis of markets in which identities matter involves a focus on topics such as information, reciprocity, credibility, reputation and transactions costs.
    Assessment: 40.0% Practical, 60.0% Examination
    Semester 1 Associate Assessment: 40.0% Practical, 60.0% Coursework
    Level: 5

Course Disclaimer

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