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Business Economics (Fall 2005)

Course code : XDØK-U1
ECTS Credits : 5 Status : Compulsory
Placement : 2. semester Hours per week : 4
Length : 1 semester Teaching Language : Danish

Principal Content : Managerial economics as a concept and the boundaries of the subject. Managerial economics models The objectives of different kinds of companies Technical production objectives Cost functions Demand theory Parameter theory Elementary principles of optimization Pricing under different market forms Price differentiation Competition funds Description of the company’s financial situation, including financial direction, budgetting, annual accounting and problems in statements of profit and estimation of assets.
Teaching method : Lectures, assignments supplemented by exercises.
Required prequisites : -
Responsible teacher : Ricky Wilke , rw@ihk.dk