EC 500

Managerial Economics

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Professor Junsoo Lee

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Syllabus

Businessweek Web site

Textbook Web site

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Economics Enquiring Mind Examples: 1  2  3  4

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Lecture Notes

 Part I.  Managerial Economics (textbook)

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

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

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

3.  Demand and Elasticities  (chapter 3)

 

4. Theory of Individual Behavior (chapter 4)

 

5. Production and Costs  (chapter 5; skip)

6. Firms vs. Markets  (chapter 6)

 

7. Nature of Industry (chapter 7)

 

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

9. Managing in Oligopolistic Markets  (chapter 9)

10. Strategic Interactions and Game Theory (chapter 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

 

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Beauty Effects Papers written by Professor Hamermesh

Earning (AER)

Election (logit models)

Ugly Teacher

 

Fair's Affair Models

Excel filePaper (JPE) | Election

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Regression in Excel (link to tutoring)

Tennis Pop Quiz