Managerial Economics

2018/2019

Content, progress and pedagogy of the module

Learning objectives

Knowledge

  • 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

Skills

  • 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

Competences

  • 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.

Exam

Exams

Name of examManagerial Economics
Type of exam
Written or oral exam
ECTS5
Assessment7-point grading scale
Type of gradingInternal examination
Criteria of assessmentAs stated in the Joint Programme Regulations
http:/​/​www.en.tech.aau.dk/​education-programmes/​Education+and+Programmes/​

Facts about the module

Danish titleErhvervsøkonomi
Module codeESNICTEK2K4
Module typeCourse
Duration1 semester
SemesterSpring
ECTS5
Empty-place SchemeYes
Location of the lectureCampus Copenhagen
Responsible for the module

Organisation

Study BoardStudy Board of Electronics and IT
FacultyTechnical Faculty of IT and Design