Readings
assigned for the course

| - Don't you get any formal training to be a Master?
- They give you a book to read. | |
Richard Bach, Illusions | I
expect everyone to read the material prior to coming to class. That way, things
discussed in class will make much more sense.
All the page numbers refer
to the required text, "Managerial Economics and Business Strategy" by Baye,
7th ed.
| |
| Class
period # | Date |
Topics
to be discussed | Readings
assigned | | 1 |
Tuesday, 1/17 |
Foundations of managerial economics.
Supply-and-demand analysis. | Ch.1,
Ch.2 | | 2 | Tuesday,
1/24 | Regression
analysis. | Ch.3,
pp.95-109 | | 3 |
Tuesday, 1/31 | Elasticity.
| Ch.3,
pp.74-95 | | 4 |
Tuesday, 2/7 | Production
and costs. | Ch.5,
pp.156-164, 171-192 | | 5 |
Tuesday, 2/14 | Profit
maximization in various market structures. | Ch.8,
pp.264-300 | | 6 |
Tuesday, 2/21 | No
new readings - Review for the test. | | |
7 |
Tuesday, 2/28 | Pricing
strategies. | Ch.11,
pp.395-424 | | 8 |
Tuesday, 3/6 | Group
project discussion. | | |
9 |
Tuesday, 3/13 | Oligopoly.
Game theory - the basics. | Ch.10,
pp.352-365, 378-387 | | 10 |
Tuesday, 3/27 | Advanced
applications of game theory to business strategy. Preventing entry. Repeated games. | Ch.13,
pp.476-501 Ch.10, pp.365-372 | |
11 |
Tuesday, 4/3 | More
models of oligopoly. | Ch.9,
pp.314-323 | | 12 |
Tuesday, 4/10 | No
new readings - Review for the test. | | |
13 |
Tuesday, 4/17 | Economics
of information. Decisions under uncertainty. | Ch.12,
pp.436-449 | | 14 |
Tuesday, 4/24 |
Asymmetric
information. Signaling and screening. |
Ch.12,
pp.450-454, Handouts |
| 15 |
Tuesday, 5/1 |
Auctions. |
Ch.12,
pp.454-465 |
| |
|