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 assessmentThe criteria of assessment are stated in the Examination Policies and Procedures

Facts about the module

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


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