Managerial Economics

Managerial Economics

Professor Didar Erdinç, Ph.D. 

What: This course is part of the official AUBG EMBA program, and is accessible for open enrollment. It allows you to take credit courses together with Executive MBA students at AUBG. If you later enroll in the EMBA program, the credits will count towards your degree.
ECTS: 3 Credits
Where: Elieff Center for Education and Culture, Sofia
Who: Executive managers, team and group leaders, entrepreneurs, business professionals, and decision-makers, AUBG alumni and friends, and personal-growth seekers.

Course overview:

Managerial economics applies economic theory and its tools of analysis to achieve effectively decision-making in management and provides a useful background to guide business decisions. The main focus of the course will be on concepts such as demand, supply, elasticity, optimal allocation of resources, costs, efficiency, pricing strategies in different market structures, the importance of market power for profitability and its dynamics, optimal pricing strategies, the rationale behind mergers and acquisitions, the effect of uncertainty and asymmetric information on managerial decision-making process. Effective strategies to enhance profitability and decision-making under uncertainty will be recurring themes throughout this course. The course emphasizes problem solving, case studies and historical examples of management practices in the United States, and transitional economies to help students identify successful managerial decisions and employ these methods creatively in their future careers.


1) Develop analytical, and strategic thinking skills for effective managerial decision making.
2) Explore the complex relationships between a manager’s decisions and the resulting impact of those decisions in creating value for the firm based on critical reasoning.
3) Understand the importance of managerial decision making under uncertainty and in the presence of imperfect information.
4) Evaluate the impact of the macroeconomic and public policy decisions on the economic environment in which a firm operates and design appropriate strategies to cope with these changes.
5) Understand the key challenges faced by business managers, especially in transitional economies and develop creative solutions.

About Professor Didar Erdinç, Ph.D.

Didar Erdinc teaches econometrics, advanced macroeconomics (micro-foundations of macroeconomics), economics of reform and transition, European economic integration and European enlargement. She has a number of publications in the field of credit markets, business cycles, monetary policy, asymmetric information, Bulgarian banking, monetary policy in the Euro zone, EU enlargement. 

Prof. Erdinç holds a Ph.D. in Economics from the University of Southern California, U.S.A., where in 1989 she earned her M.A. in Economics. He previously graduated Economics at the Economics Bogazici (Bosphorus) University, Istanbul, Turkey.

Course Schedule

Date Time
Jan. 19, 2021 9:15 a.m. - 12:30 p.m.
Jan. 20, 2021 9:15 a.m. - 12:30 p.m.
Jan. 22, 2021 9:15 a.m. - 3:00 p.m.
Jan. 30, 2021 1:30 p.m. - 6:30 p.m.
Jan. 31, 2021 9:15 a.m. - 12:30 p.m.
Mar. 13, 2021 9:15 a.m. - 12:30 p.m.
Mar. 14, 2021 1:30 p.m. - 3:00 p.m.
Apr. 10, 2021 9:15 a.m. - 12:30 p.m.


Regular Rate*

Special Rate for Alumni

925 Euro

695 Euro

VAT included VAT included

*Corporate packages available.


If you have questions or would like to ask us for more information, please email us at or call at +359 2 | 960 7924|.

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