School of Business and Economics

MBA Program
Course Name:
Managerial Economics
Course Code
& Section No:
BUS-525 (Section 1 & 2)
Semester: Spring-2017
INSTRUCTOR & DEPARTMENT INFORMATION

1. Instructor Name: Dr. Tamgid Ahmed Chowdhury

2. Office Location NAC-839

3. Office Hours: ST 2.00 PM-4.00 PM, and 6.00 PM 6.45 PM, M: 4.00 PM 7.00 PM

4. Office Phone: 1787

5. Email Address: tamgid.ahmed@northsouth.edu

6. Department: Economics

7. Links: North South University Website: http://www.northsouth.edu

School of Business Website: http://www.northsouth.edu/academic/sob/
Course Website: Refer to NSU Resources (search under MBA-Dr. Tamgid)
8. Emergency: +8801712-181306

COURSE & SECTION INFORMATION

Class Time & M 7.00 PM-10.10 PM (Section-1) NAC-991

Location T 7.00 PM-10.10 PM (Section-2), NAC-991

Course This course is based on the foundations laid in the undergraduate-level economics
Prerequisite(s) units. Basic understanding of Mathematics (especially calculus) is preferred.
Course Credit Hours 3:0

Course Description Managerial Economics is a mixture of intermediate and advanced level theoretical
and applied microeconomics. The unit places strong emphasis on developing
analytical and theoretical skills as a means of encouraging rigorous and logical
thinking about real-world economic questions.

Course Objectives Throughout this unit, a framework is developed from the standpoint of individual
decision-makers that allows the economic behavior of consumers, producers,
markets and society as a whole to be analyzed. Topics covered include consumer
choice and consumer welfare measurement; demand for goods and labor supply;
choice in the presence of risk; theory of the firm; production and cost theory; profit
maximization; perfect competition; monopoly; oligopoly; game theory; public goods
and externality (tentative).
Student Learning Upon the successful completion of this course, a student will achieve the following
Outcomes learning outcome:
1. The ability to make decision about production
2. The ability to analyze consumer decision making process
3. Understanding of the basics of market analysis
4. The ability to describe the role of government in the economy.
LEARNING RESOURCES AND TEXTBOOK(S)

Text Book(s)

Author Edition & Year Publisher ISBN

Title
th
Pindyck R. S., Rubinfeld Microeconomics 7 , 2011 Pearson 978-81-317-
D. L. and Mehta, P. L. Publications 2599-3

Others (Reference Books, CD ROMS, DVDs, e-Library, Internet, Articles, )

Resource Type Description Type Comments

Book Managerial Economics Academic book The instructor will provide and/or
by Dominic Salvatore direct to the sources.
and R. Srivastava (7th
Ed.)

Articles or case studies Case studies on Academic These will help students to
different topics articles understand real world economic
problems.

TEACHING STRATEGY (Online, classroom, blended, self-

directed through CD, web-based courses and DVD,)

The classes will be conducted through various activities including presentation of concepts and issues
relevant to managerial economics, discussion and exchanges of ideas related to real world economic
issues, student initiative and active involvement, cases on managerial economics, and written
assignment. Students are expected to actively involve and take initiative for their own learning
experience.

ASSESSMENT STRATEGY AND GRADING SCHEME

Grading tool
Points
Quizzes 15%
Mid-term Exam-1 20%
Mid-term Exam-2 20%
Written Assignment & Presentation 15%
Class Participation & Attendance 05%
Final Exam 25%

Please Refer to NSU Student Handbook, Section: Grading Policy

CLASSROOM RULES OF CONDUCT

1. You may use your laptops in the class for class related work. Do not use your laptop for non-class
related work or in any manner that will be distracting to other students or the instructor.

2. Use of cell phones in class is not permitted.

3. Students are advised to frequently refer to the Student Handbook of North South University.

4. Academic Integrity Policy:

This unit provides 3 hours face-to-face teaching per week. Lectures will start punctually. Students
should arrive on time. Students may ask questions any time during the lecture. It is
disruptive and discourteous to arrive late or talk during lectures.

Attendance is must for everyone. Class attendance is only one part of university study. In addition to
class attendance, students will need to spend around three hours per week in private study in order to
perform well in this unit.

School of Business does not tolerate academic dishonesty by its students. At minimum, students must
not be involved in cheating, copyright infringement, submitting the same work in multiple courses,
significant collaboration with other individuals outside of sanctioned group activities, and fabrications.

Students are advised that violations of the Student Integrity Code will be treated seriously, with special
attention given to repeated offences.

Please Refer to NSU Student Handbook, Sections: Disciplinary Actions and Procedures and
Guidelines.

GROUP PROJECT POLICY

Each group (maximum of 5 students) will submit a final report consisting of: 2000 words or 5-6 pages, font
Times New Roman, font size 12, and double spaced (hard copy and electronic copy). Each team will also
present the project for 10-15 minutes. More details about the structure, components, time and criteria for
assessment of the project will be announced during the semester. Topics of the group project will be provided
later on. Project presentation will be held on the last class of the semester.

EXAMS & MAKE UP POLICY

In order to complete the course, students must submit all the required assignments and sit for the exams.
Make-up exams are not given unless there is a major circumstance preventing the student from sitting in the
exam (official material evidence is required). The timing of the make-up is to be fixed with the instructor of the
course if granted. There is NO provision of re-take quiz in this course.

Cell phones are prohibited in exam sessions.

ATTENDANCE POLICY

Students are required and expected to attend all classes and participate in class discussions. North South
University mandates to fail students who are absent 25% or more from their classes, even if such absences are
excusable. The one who will attend all the classes will earn full credit for the attendance. Three consecutive
missing classes will automatically drop you from the course.

COMMUNICATION POLICY

All communications should take place using the instructors email. In addition, students can communicate in
the class or during the instructors office hours.

APPROPRIATE USE POLICY

All members of the North South University community must use electronic communications in a responsible
manner. The University may restrict the use of its computers and network systems for electronic
communications subject to violations of university policies/codes or local laws or national laws. Also, the
university reserves the right to limit access to its networks through university-owned or other computers, and
to remove or limit access to material posted on university-owned computers.
STUDENTS SUPPORT AND LEARNING RESOURCES

A. SOB-Learning Center:
B. The University Student Learning Support Center (SLSC): These centers provide academic support services
to students at NSU. The SLSC is a supportive environment where students can seek assistance with
academic coursework, writing assignments, transitioning to college academic life, and other academic
issues. SLSC programs include: Peer Tutoring, the Writing Lab, Writing Workshops, and Academic Success
Workshops. Students may also seek confidential academic counseling from the professional staff at the
Center.

Students Learning & Support Center (SLSC)

Tel:
Fax:
Location:
E-mail:

This service will be available in the near future.

STUDENTS COMPLAINTS POLICY

Students at North South University have the right to pursue complaints related to faculty, staff, and other
students. The nature of the complaints may be either academic or non-academic. For more information about
the policy and processes related to this policy, you may refer to the student handbook.

COURSE CONTENTS &SCHEDULE

No Chapter/Assignment
Topic Week
1. Discussion on Course outline, presentation, quiz and 1
exams
Basics of drawing graphs Pyndick
Demand, supply and elasticity Chapter 2
2. Remaining of Demand, supply and elasticity 2 Pyndick
Chapter 2
3. The analysis of competitive market 3 Pyndick
Chapter 8
4. Remaining of The analysis of competitive market 4 Pyndick
Chapter 8
5. First Mid-term examination (Chapter 2 and 8) 5 Pyndick
Consumer Choice Chapter 3
6. Remaining of Consumer Choice 6 Pyndick
Individual and Market Demand Chapter 3 and 4
7. Remaining of Individual and Market Demand 7 Pyndick
Chapter 4
8. Production 8 Pyndick
The cost of production Chapter 5 and 6
9. Remaining of The cost of production 9 Pyndick
Profit maximization and perfect competition Chapter 6 and 7
10. Second Mid-term examination (Chapter 3, 4, 5 and 10
6)
Remaining of Profit maximization and perfect Pyndick
competition Chapter 7
11. Market power- monopoly and monopsony 11 Pyndick
Chapter 9
12. Presentation and Review class 12

13. Final exam week begins (Final exam will be partially 13

comprehensive)

Note: The instructor reserves the right to make changes to the syllabus if necessary.