EC 500

Lecture Notes

 Part I.  Managerial Economics (textbook)

1. Introduction: The Fundamentals of Managerial Economics (chapter 1)

• PPT note 1
• Exercise questions 1
•  
• Tobin's q

2. Market Forces: Demand and Supply  (chapter 2)

• PPT note 2
• Exercise questions 2

2A. �Foreign Exchange Market: Demand and Supply  (chapter 2 Added)

• PPT note 2 Added
• Exercise questions 2 Added
• Handout Added from the book (big file: 6M)

3. �Demand and Elasticities  (chapter 3)

• PPT note 3
• Exercise questions 3
•  
• Table 3.1 (elasticity)
• Demo 3.5 (regression in Excel)
• Auction data (excel)
• Homework Data for Q10.xls   Q16.xls
•  
• Regression Handout
•  
• Florida Counting Issue: Paper  Excel Data File
• Salary in FL Universities Excel Data File  
• TE-Salary-GPA Result
•  
• Choice Binary Data file
•  
• Mini Project on UK Energy Demand
•   Data file:  UKEnergy.xls or UKEnergy_use.xls

 

4. Theory of Individual Behavior (chapter 4)

• PPT note 4
• Exercise questions 4
•  
• Deadweight loss of Christmas (mirror)

 

5. Production and Costs  (chapter 5; skip)

6. Firms vs. Markets  (chapter 6)

• PPT note 6

 

7. Nature of Industry (chapter 7)

• PPT note 7 
• Exercise questions 7

 

8. Managing in Competitive and Monopolistic Markets  (chapter 8)

• PPT note 8 
• Exercise questions 8
•  

9. Managing in Oligopolistic Markets  (chapter 9)

• PPT note 9 
• Exercise questions 9

10. Strategic Interactions and Game Theory (chapter 10)

• PPT note 10 

 

 Part II.  Regression Analysis (handouts)

 1.      Linear Regression with Multiple Regressors

 2.      Regression with a Binary Dependent Variable

 3.      Demand Forecasting Using regression

 Part III.  Macroeconomics (handouts)

 1.      Business Outlook, Business Week

 2.      Mankiw, Chapter 5, The Open Economy