Managerial Economics


Marjan I. Bojadjiev, PhD
Rector at University American College Skopje
Nikica Mojsoska Blazhevski, PhD
Dean of the School of Business Economics and Management

The course covers the crucial principles and tools of Managerial Economics, related to the application of microeconomics concepts to management decisions. It assists the MBA candidates to sharpen your economic insuition in deciding which products to produce, what types of costs a company faces, what is the optimal price, when to exit the market, how to grow a business and how to manage. MBA candidates who master the course material will be very well prepared for management and leadership positions in businesses, government entities and other organizations/institutions. The course is structured so as to equip the MBA candidates students with an applied knowledge of microeconomics and to equip them to make informative and economically grounded business decisions.