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Managerial Economics
Last Updated: 2026-02-05 15:36:33
Abstract
"Managerial Economics" provides an introduction to the theories and methods from Economics and Management Science to analyze economic decision-making in the context of markets. The course targets students with no prior knowledge in Economics and Management.
Objective
The objective of this course is to provide an introduction to microeconomic thinking. Based on the fundamental principles of economic analysis (optimization and equilibrium), the focus lies on understanding key economic concepts relevant for understanding and analyzing economic behavior of firms and consumers in the context of markets. Market demand and supply are derived from the individual decision-making of economic agents and market outcomes under different assumptions about the market structure and market power (perfect competition, monopoly, oligopoly, game theory) are studied. This introductory course aims at providing essential knowledge from the fields of Economics and Management relevant for economic decision-making in the context of both the private and public sector.
Resources
Literature
"Mikroökonomie" von Robert Pindyck & Daniel Rubinfeld, aktualisierte 8. Auflage, 8/2013, (Pearson Studium - Economic VWL).
General Information
- Language
- English
- Levels
- BSC , DR , MSC
- Frequency
- Yearly recurring
Examination
- Type
- session examination
- Mode
- written 90 minutes
- Aids
- Non-programmable calculator.
- Digital
- The exam takes place on devices provided by ETH Zurich.
Course Components
| Type | Title | Time & Place | Hours |
|---|---|---|---|
| lecture |
Managerial Economics
The lecture takes place ONLINE via Zoom (recorded).
The lecturers will communicate the exact lesson times of ONLINE courses.
|
|
3 h weekly |
Offered In
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Electives (This is only a small selection. Other courses from the ETH course catalogue may be chosen. Please consult the "Richtlinien zu Projekten, Praktika, Seminare" (German only), published on our website ( ).)
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Economics, Law and Management Electives (These subjects are particularly suitable for students planning to apply to the Master's Degree Program in Energy Science and Technology (MSc EST) or Management, Technology and Economics (MSc MTEC).)
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Electives (In the ‘electives’ subcategory, at least two course units must be successfully completed.)
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Electives (***more courses coming soon*** This is only a short selection. Other courses from the ETH course catalogue may be chosen in agreement with your tutor. As an alternative to the elective courses, students may do a second semester project or an internship in industry. Please consult your tutor.)
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Doctoral Department of Mechanical and Process Engineering (More Information at: )