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GraduateSchool of Business
http://www.mba.itb.ac.id
INSTITUT TEKNOLOGI BANDUNG
MM5006
Business Economic
Taufik Faturohman
January 2015
MASTER OF BUSINESS ADMINISTRATION
SCHOOL OF BUSINESS AND MANAGEMENT
INSTITUT TEKNOLOGI BANDUNG
http://www.sbm.itb.ac.id/mba
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Contents
N
o
Description
Page
The Course
Plan....
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Lecturer Profile ..
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10
Grading ..
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10
Student Guidance
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10
1
0
11
References ..
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There are three programs atMBA ITB Bandung campus with specific
learning goals as follows:
A. Young Professional
The learning goal of this program is to build business sensitivity and
business administration knowledge and skills required to startcareer at
managerial level.
B. Creative and Cultural Entrepreneurship (CCE)
The learning goal of this program is to teach students about doing
business in creative and culture. The goal of this course is to develop
students ability to explain why economic events happen the way they do,
and how firms and individuals can successfully react to events. To
accomplish this goal, we will work toward mastery of several economic
principles that governs most economic behavior. We will be particularly
interested in understanding markets and competition because those are
the central realities of the modern economy.
C. Executive MBA
The learning goal of this program to improve students agility in decision
making and to develop a holistic view of business which enables them to
lead a business project on a higher level effectively in todays business
environment.
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happen the way they do, and how firms and individuals can successfully
react to events. To accomplish this goal, we will work toward mastery of
several economic principles
that governs most economic behavior. We will be particularly interested in
understanding
markets and competition because those are the central realities of the
modern economy.
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Wednesday,
January 28th ,
2015
Outcome(s)
- Understanding
and applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
business
economics.
- Using
appropriate
resources to
analyze and to
purpose
alternative
solutions.
- Understanding
rational and
non-rational
behavior of
people in
order to
purpose
business
solution.
- Understanding
and applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
business
economics.
- Using
appropriate
resources to
analyze and to
purpose
alternative
solutions.
- Using
appropriate
Activity(ies)
Session 1
(08.00-09.30):
Introduction
Introduction to
Managerial
Economic
(Lecture and
Class
discussion)
Preparation
Evaluation
Read Syllabus
and SD Ch 1
Facilitat
or
TF
Break
Session 2
(09.45-11.15):
Demand,
Supply, and
Equilibrium
(Lecture and
Class
Discussion)
Session 1
(08.00-09.30):
Optimization
Techniques
(Lecture and
Class
Discussion)
Read SD
Ch 2, COL
Ch.4 and 5.
TF
Class
Discussion
SD Case 2-2
Changes in
Demand and
Supply and
Coffee
Prices
Read SD Ch 3
and Appendix
1 & 2 Ch.3
Class
Exercise Ch1
1-8, 1-9, 115, Ch.3
Appendix
Problem 39
TF
Break
Session
2(09.45-11.15):
Elasticity
(Lecture and
Class
Discussion)
Read SD
Ch.4
TF
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Wednesday,
February 4th ,
2015
Wednesday,
February 11th ,
2015
Wednesday,
February 18th ,
2015
resources to
analyze and to
purpose
Understanding
and applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
business
economics.
Understanding
rational and
non-rational
behavior of
people in
order to
purpose
business
solution.
Understanding
and applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
business
economics.
Understanding
rational and
non-rational
behavior of
people in
order to
purpose
business
solution.
Understanding
and applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
Session
1(08.00-09.30):
Application on
Demand
Estimation I
(Class
Discussion)
Read SD Ch.
4
Class
Exercise SD
Ch. 4 (4-2, 49, 4-12)
TF
Case study
4-2 Demand
for Sweet
Potatoes (SD
p.128/129)
and Why Do
the Prices of
Newspaper
Rise (CF
p.105)
TF
Break
Session 2
(09.45-11.15):
Application on
Demand
Estimation I
(Class
Discussion)
Session 1
(08.00-09.30):
Production
Theory (Lecture
and Class
Discussion)
Read SD Ch.
4
TF
Read SD Ch.7
Break
Session 2
(09.45-11.15):
Cost Theory
(Lecture and
Class
Discussion)
Read SD
Ch.8
TF
Session 1
(08.00-09.30):
Market
Structure I
(Lecture and
Class
Discussion)
Read SD
Ch.9
TF
Break
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Wednesday,
February 25th ,
2015
Wednesday,
March 4th ,
2015
Wednesday,,
March 11th ,
2015
business
economics.
- Understanding
rational and
non-rational
behavior of
- Understandin
g and
applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
business
economics.
- Understandin
g rational and
non-rational
behavior of
people in
order to
purpose
business
solution.
- Understanding
and applying
knowledge and
tools in the
managerial
and strategic
design pillar
related with
business
economics.
- Understanding
rational and
non-rational
behavior of
people in order
to purpose
business
solution.
Session 2
(09.45-11.15):
Market
Structure II
(Lecture and
Class
Discussion)
Read SD Ch.
10
Session 1
(08.00-09.30):
Game Theory
(Lecture, Class
Discussion, and
Role Play)
Read SD Ch.
11
TF
Class
discussion
on Article:
Use Game
Theory to
Shape
Strategy
TF
Class
Discussion :
Case Study
SD 12-2 and
12-6
TF
Break
Session 2
(09.45-11.15):
Pricing Practices
(Lecture and
Class
Discussion)
Session
1(08.00-09.30):
Intro to
Macroeconomics
(Lecture and
Class
Discussion)
Read SD Ch.
12
TF
Break
Session 2
(09.45-11.15):
Measuring
Output and
National Income
(Lecture and
Class
Discussion)
Read COL
Ch. 25
TF
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Wednesday,
March 18th ,
2015
Wednesday,,
March 25th ,
2015
Wednesday,
April 1st
,
2015
- Understanding
and applying
knowledge and
tools in the
managerial
and strategic
design pillar
related with
business
economics.
- Using
appropriate
resources to
analyze and to
purpose
alternative
solutions.
Session
1(08.00-09.30):
The Aggregate
Demand/Aggreg
ate Supply
Model
Read COL
Ch. 27
TF
Session 2
(09.45-11.15):
The Multiplier
Model (Lecture
and Class
Discussion)
TF
- Understanding
and applying
knowledge and
tools in the
managerial
and strategic
design pillar
related with
business
economics.
- Using
appropriate
resources to
analyze and to
purpose
alternative
solutions.
Session
1(08.00-09.30):
The Financial
Sector and the
Economy
(Lecture and
Class
Discussion)
TF
Session 2
(09.45-11.15):
Monetary Policy
(Lecture and
Class
Discussion)
Read COL
Ch. 31
TF
- Understanding
and applying
knowledge and
tools in the
managerial
and strategic
design pillar
related with
business
economics.
- Using
appropriate
resources to
analyze and to
purpose
Session
1(08.00-09.30):
Financial Crises,
Panics, and
Macroeconomics
Policy (Lecture
and Class
Discussion)
Read COL
Ch. 32
TF
Break
Break
Break
Session 2
(09.45-11.15):
Deficits and
Read COL
Ch. 34
TF
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alternative
solutions.
Wednesday,
April 8th ,
2015
Understandin
g and
applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
business
economics.
Debt (Lecture,
Class
Discussion, and
Role Play)
Session
1(08.00-09.30):
International
Financial Policy
(Class
Discussion)
Read COL
Ch. 36 and
Case Study
Class
Discussion
on Case: The
US Current
Account
Deficit
TF
Class
Discussion
on Article:
Mc Kinsey
Report on
Indonesia
TF
Class
Discussion
on Article:
Indonesia
Terpukul 4
Defisit, BI
prioritaskan
Stabilitas,
Quantitative
Easing Jilid 4
TF
Class
Discussion
on Cases:
Singapore
Inc, Greek
Crisis :
Tragedy or
Opportunity
TF
Break
-
Wednesday,
April 15th
,
2015
Using
appropriate
resources to
analyze and
to purpose
alternative
solutions.
Understandin
g and
applying
knowledge
and tools in
the
managerial
and strategic
design pillar
related with
business
economics.
Using
appropriate
resources to
analyze and
to purpose
alternative
solutions.
Wednesday,
22nd
, April
2015
Session 2
(09.45-11.15):
Review on
Indonesia (Class
Discussion)
Session
1(08.00-09.30):
Review on
Indonesia (Class
Discussion)
Read Article
Read Article
Break
Session 2
(09.45-11.15):
Recap &
Summary (Class
Discussion)
Read Case
Study
7. Lecturer Profile
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8. Grading
Item
Quiz
Individual assignment
and class participation
Group assignment
Mid semester exam
Final semester exam
TOTAL
Weight
10%
10%
20%
30%
30%
100%
9. Students Guidance
In
1.
2.
3.
4.
5.
10. References
Compulsary Materials:
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Reference Material:
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