ADSE8205 - Managerial Economics

Offering Academic Unit
Department of Advanced Design and Systems Engineering
Credit Units
Course Duration
One Semester
Equivalent Course(s)
Course Offering Term*:
Semester B 2022/23

* The offering term is subject to change without prior notice
Course Aims

This course aims to equip students with a necessary conceptual framework for understanding the economic forces at work in firms and markets. It will provide students economic models and tools for managerial decision making. Students will not only learn how supply and demand effect prices but also learn how game theory can be applied in decision-making processes at a strategical level.

Assessment (Indicative only, please check the detailed course information)

Continuous Assessment: 50%
Examination: 50%
Examination Duration: 2 hours
Detailed Course Information


Useful Links

Department of Advanced Design and Systems Engineering