06-045 Managerial economics
first cycle academic study programme (Academic bachelor's degree) Management
Course Supervisor: Prof. Žiga Čepar
Content
- Introduction – fundamental economic problem on the microeconomics level and basic microeconomic terms
- Private and public goods, externalities and functions of the state in contemporary society
- Impact of tax and subsidy on market equilibrium and tax/subsidy incidence and analysis of effects of other exogenous factors on market equilibrium
- Perfect competition as a benchmark of productive and allocative efficiency, perfect competition on factor market and long-run industry supply curve
- Price regulation (maximal price, minimal price, monopoly price regulation)
- Pricing policy in imperfect competition and price leadership
- Equilibrium in monopolistic competition and analysis of oligopolistic markets
- Basics of game theory and strategic behaviour
analysis