• Course objectives: familiarizing students with the application of micro-economics in making economic decisions in enterprises; developing the students’ ability to analyse legal, economic, organizational and technological conditions and factors determining the path of making optimal decisions; acquainting students with various issues relating to making decisions in the conditions of uncertainty developing the students’ ability to apply various optimization methods in resolving management problems. 
  • Learning outcomes1) in terms of knowledge: students understand the essence of managerial economics, know general principles and methods of making managerial decisions; students know and understand the methods used in analysing the most important economic processes in the market environments of enterprises and selected areas of their operation; students know the basic problems and phenomena relating to making managerial decisions in enterprises2) in terms of skills: students are able to correctly identify the scope of economic problems that require managerial decisions; students can apply economic analysis tools in considering various variants of managerial decisions; students are able to justify their managerial decisions, made in order to achieve the optimal state of analysed functional area of the enterprise3) in terms of social competences: students are prepared to identify and resolve various problems relating to economic activity using acquired knowledge on the managerial economics.