MAN 5042 Applied Economics and Management

MAN 5042 Applied Economics and Management

Course code: 
MAN 5042
Department: 
Economics
Credits: 
30
Course coordinator: 
Anders Tveit
Product category: 
Executive
Portfolio: 
Master of Management
Semester: 
2018 Autumn
Active status: 
Active
Teaching language: 
Norwegian
Course type: 
Associate course
Course codes for multi- or associated courses.
MAN 5043 - 1. semester
MAN 5044 - 2. semester
Introduction

How do managers in private and public sector make their decisions? What are the principles they follow when they make decisions, and why is it that the results of the decisions do not always turn out as expected? As citizens we daily observe decision outcomes in the form of changes in prices, interest rates and exchange rates.

This program aims at giving you a more thorough understanding of why managers decide as they do. This kind of knowledge is very useful for all citizens in a society and is of particular importance to managers.

Former students have characterised the program as "instructive", "very good", "absorbing" and as giving "new insights". This is due to the fact that we have combined useful and applicable pieces of knowledge from various subjects such as economics, economic history and business management. These pieces of knowledge are presented in a pedagogical context which enables you to exploit your experience, profit by a motivating learning environment and perceive mastering and learning.

Learning outcomes - Knowledge

After having completed the program you should have gained knowledge about how economic circumstances and economic policy affect results we daily observe. You should also know how to keep yourself updated in each discipline.

 

Learning outcomes - Skills

After completing the program you should be able to interpret economic conditions in the community and integrate these into your leadership decisions. You should also be able to communicate economic information and discuss the importance and implications for your organization.
 

Learning Outcome - Reflection

After having completed the program you should know how to reflect on theories and acquired knowledge and make independent comprehensions in relation to these and exercised practice.

Course content

Macroeconomics
Economic history
Microeconomics
Budgeting
Applied Economics and Management

Learning process and requirements to students

The programme is conducted through six course modules over two semesters, a total of approx. 150 lecturing hours.

Project tutorials differ in each Executive Master of Management programme. It will consist of personal tutorials and tutorials given in class. Generally the students may expect consulting tutorials, not evaluating tutorials. The total hours of tutorials offered is estimated to 4 hours per term paper.

Please note that while attendance is not compulsory in all programmes, it is the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ itslearning or other course materials.

The students are evaluated through a term paper, counting 60% of the total grade and a 3 hour individual exam at the school counting 40%. The term paper may be written individually or in groups of maximum three persons. All evaluations must be passed to obtain a certificate for the programme.

The term paper is included in the degree’s independent work of degree, cf national regulation on requirements for master’s degree, equivalent to 18 ECTS credits per. programme. For the Executive Master of Management degree, the independent work of degree represents the sum of term papers from three programmes.

Software tools
No specified computer-based tools are required.
Qualifications

Bachelor degree, corresponding to 180 credits from an accredited university, university college or similar educational institution
The applicant must be at least 25 years of age
At least four years of work experience. For applicants who have already completed a master’s degree, three years of work experience are required.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MAN 50421
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
60No2 Semester(s)Group/Individual (1 - 3)Term paper, counting 60% of the total grade.
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MAN 50422
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
40Yes3 Hour(s)
  • Simple calculator
Individual Individual 3 hour written exam, counting 40% of the total grade.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:60
Invigilation:No
Grouping (size):Group/Individual (1-3)
Support materials:
Duration:2 Semester(s)
Comment:Term paper, counting 60% of the total grade.
Exam code:MAN 50421
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam category:Submission
Form of assessment:Written submission
Weight:40
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • Simple calculator
Duration:3 Hour(s)
Comment:Individual 3 hour written exam, counting 40% of the total grade.
Exam code:MAN 50422
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam organisation: 
Ordinary examination
Total weight: 
100
Talis literature

Obligatorisk/Compulsory

Book
Authors/Editors År Tittel Edition Publisher StudentNote
Bowhill, Bruce 2008 Business planning and control: integrating accounting, strategy and people   John Wiley & Sons  
Schiller, Bradley R.; Gebhardt, Karen 2016 The economy today 14e [edition] McGraw-Hill Education  
François Bourguignon 2017 The Globalization of Inequality   Princeton University Press  
Robert C. Allen 2011 Global economic history   Oxford University Press  

Anbefalt/Recommended

Chapter
Authors/Editors År Tittel Journal Edition Publisher StudentNote
Steigum, Erling 2004 Moderne makroøkonomi Moderne makroøkonomi   Gyldendal akademisk Kapittel 2

No importance set

No type set
Authors/Editors År Tittel Edition Publisher StudentNote

Notes to students:

Artikler, kapitler og case som oppgis i tilknytning til hver enkelt samling