Managerial Economics


Content, progress and pedagogy of the module

Learning objectives


  • Must have knowledge about the basic elements in a business plan
  • Must be able to understand different cost concepts and different methods for investment analysis
  • Must be able to understand how a pricing strategy can be prepared
  • Must have knowledge about the specific cost elements in an ICT project
  • Must have knowledge about the cost elements in a communication network


  • Must be able to apply a life-cycle cost analysis of a specific ICT project
  • Must be able to explain and apply different cost estimation methods for hardware and software
  • Must be able to evaluate cost and benefits of an ICT service in a specific context
  • Must be able to apply economic analysis as a tool for investment decisions and preparation of a business plan


  • Must have competencies in preparing a business plan including a detailed financial analysis of a project

Type of instruction

Types of instruction are listed at the start of Chapter 3.



Name of examManagerial Economics
Type of exam
Written or oral exam
Assessment7-point grading scale
Type of gradingInternal examination
Criteria of assessmentAs stated in the Joint Programme Regulations

Facts about the module

Danish titleErhvervsøkonomi
Module codeESNICTEK2K4
Module typeCourse
Duration1 semester
Empty-place SchemeYes
Location of the lectureCampus Copenhagen
Responsible for the module


Study BoardStudy Board of Electronics and IT
DepartmentDepartment of Electronic Systems
FacultyTechnical Faculty of IT and Design