SYLLABUS  A

 

 

ECONOMICS 333                                                  T. ISHIMINE, PhD.

MANAGERIAL ECONOMICS                                 SPA 329, CSULB

FALL 2009

 

OFFICE HOURS:                                            TEST DAYS:

  MW:    9:15A-9:30A, 10:45-11:00A

12:15-12:45P                                     Test 1  W  September 30

                                                       Test 2  W  November 4

                                                           Final:   See your Schedule of Classes

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Website:  oocities.com/ti2001j/ISHIMINE.html

E-mail:    tishmine@csulb.edu

Phone:    (562)985-5065

 

 

I.                    TEXT

 

               Samuelson, Managerial Economics, 6th ed.

               Required: Study Guide

 

 

II.      WEBSITE

 

      Visit the website shown above and take a copy of the Syllabus A and B.  Besides the Syllabus, the website contains a gpackageh of other useful course materials, such as Lecture Outlines, Self-Exercises and Homework.  Visit the site as often as

necessary throughout the semester.

 

 

III.                REFERENCE

 

      Allen, et.al., Managerial Economics, 7th ed., 2009

      Baye, Managerial Economics and Business Strategy, 6th ed., 2009

      Froeb, et.al., Managerial Economics, 2008

Thomas, et.al., Managerial Economics, 9th ed., 2008

McGuigan, et.al., Managerial Economics, 11th ed., 2008

 

 

 

 

 

IV.                OBJECTIVE

 

Description in the Bulletin: gDevelopment of the tools of marginalist analysis and their application to managerial decisions and planning.  Emphasis upon the calculation of solutions to operational problems of the business firm.  Topics include demand analysis, production and cost, pricing, and output decisions under different market structures.  Product and factor markets will be analyzed.

 

      The objective of this course is to learn the concept and problems (such as the ones stated in the above description), which people, who engage in business and economic activities, encounter in their everyday life.  The emphasis of the course is on developing the economic way of thinking so that one can apply the habit of thinking to solve various problems in onefs own situations.

 

 

V.  PREREQUISITES

 

       Econ 100, 101 and Math 115 or 122.  If you have not completed the prerequisites, (or for that matter, if you have difficulty understanding the mathematical review of Chapter 2 in the text,) you are strongly advised to withdraw from the course immediately, since it is unlikely that you can finish this course successfully. Concurrent enrollment is not sufficient. 

 

 

VI  METHOD OF PRESENTATION@@@@@@@@@@@@@@@@@@@@@@@

 

     This course is presented basically in the lecture format.  Although the lecture proceeds along the line of the textbook most of the time, the instructor will occasionally use supplementary materials that are not in the textbook.  Notations, diagrams and interpretations used by the instructor may also be different at times from the ones used in the text.  You are responsible to know these differences.

All lectures will be presented through the use of a multimedia projector.

 

Students must keep in mind that you are expected to memorize all mathematical formulas and symbols we use in the class.  Questions regarding the formulas or symbols will not be answered during the tests.  The gcheat sheeth will not be allowed during the test. 

 

 

VII.  WEEKLY SCHEDULE AND TEXT ASSIGNMENTS

 

            Print a copy of Syllabus B from the website and affix it here or at the end of Syllabus A..

 

 

 

VIII.           HOMEWORK AND THE STUDY GUIDE

 

Besides text assignments, you are required to do the problems in the Self-Exercise and in the Study Guide.   The Self-Excercise is placed on the website.  In addition, you are strongly recommended to do the odd-numbered problems at the end of each chapter in the textbook.  The answers to these problems are at the end of the book

 

 

IX.     LECTURE NOTES

 

       Please be advised that the lecture notes will not be available outside classroom presentation.  If you miss a class, try to copy notes from your classmates or study the missed parts with extra attention.

 

 

X.                 ATTENDANCE

 

       The University regulations require students to attend class regularly.  This is particularly important for courses such as this, which is built on a series of logically related concepts and subjects, and which relies on the substantial use of quantitative techniques.  If you keep missing classes, you will be progressively left behind, being unable to catch up later on. It goes without saying that your absence naturally tends to be reflected in your test scores.  So please skip the classes at your own risk!

 

 

XI.  COURSE MATERIALS

 

       Visit the website regularly for timely attainment of course materials such as lecture outlines and self-exercise.  You will be reminded about them from time to time throughout the semester.

 

 

XII.  EVALUATION

 

Course evaluation will be based on THREE TESTS, with a marginal adjustment based on scores earned through five booster questions attached to the final.

 

There will be two midterm tests and a final.  Each test consists of 40 questions and will be worth maximum score of 40, with the total score of 120 over the three tests.   Approximately 60% of test questions is straight objective-type and 40% requires demonstration of computational ability.  The final is a comprehensive test.  Please prepare SCANTRON 882-ES (green color) for all tests, available at the campus bookstore.  In preparing for tests, you are responsible for the four types of materials: the lecture, the text, questions in the Self-Excercise and the problems in the Study Guide, in that order of importance. 

 

 

XIII. GRADE SCALE

 

The cumulative total of the three tests is 120 points, which is prorated according to the following scale to assign semester grade.  The final score has five booster questions, which will be added to the total score as a booster without changing the grade scale shown below.  Notice that the final grade will be assigned on the basis of the cumulative score and not on the letter grade average.

 

Grade

Midterm

(Max 40)

Semester

Grade

(Max 120)

% Equiv. of       Lower Limit*

 

A

34-40

102-120

85%

B

30-33

90-101

75%

C

24-29

72-89

60%

D

20-23

60-71

50%

F

0-19

0-59

 

*These percentages are applied against the maximum test score to produce the scale in Columns 2 and 3.

 

 

XIV.  MAKEUP TEST

 

Makeup test will be provided for a good reason and only if you make a prior arrangement.  No makeup test will be provided after test review, which is usually held in the first class meeting after the test.  The final must be taken on the scheduled day and in your own section to which you are registered.  The instructor is not responsible for possible mix-up in grade assignment resulting if you take tests in an unauthorized section.

 

 

XV. POSTING GRADES

 

     The semester grade will be posted on the University website, MyCSULB, approximately one week after the final.  No postcard or inquiry by e-mail is

necessary.