Handouts and Assignments
ECON 361 - Managerial Economics
Homework Assignments
Homework Assignment One: Due Wednesday, May 1
Homework Assignment Two: Due Thursday, May 9
Homework Assignment Three: Due Friday, May 17
Homework Assignment Four: Due Monday, May 27 - KEEP a copy of your answers - we will have to go over the answers in class on Monday, May 27 (exam is Tuesday). No late homework will be accepted.
EXTRA CREDIT - OPTIONAL - DUE WEDNESDAY, MAY 29
Topic Outlines (I will bring copies - changes might be made to what is posted).
Outline One - Introduction and Review
Read the Koch chapter and the Broken Window Fallacy (link posted below)
Mini Case - Honeywell International - From Bitter to Sweet (handed out in class)
Outline Two - Markets and Demand
Outline Three - Markets and Supply
Outline Four - Markets: Supply and Demand
Read "What Do Markets Do?" (posted below)
Mini Case - Supply/Demand and Pricing (handed out in class)
Outline Six - Elasticity (cont.)
Mini Case - Starbucks (handed out in class)
Outline Seven - Production Basics
Read: "The Structure of Capital" by Gene Callahan
Outline Eight - Costs and the Firm
Mini Case - Production and Costs (handed out in class)
Outline Nine - Pricing Strategies - Price Discrimination
Outline Ten - Pricing Strategies - Other Pricing Strategies
Mini Case - Pricing Strategies Mini Case on Pricing - SOME ANSWERS
Outline Eleven - Structuring Employment Agreements
Readings and
Handouts
(more will be added as the semester progresses)
Chapter from The Science of Success by Charles G. Koch (CEO, Koch Industries, Inc.) - handed out in class.
Comparative Advantage Handout - I will bring to class with me.
"The Structure of Capital" by Gene Callahan (handed out in class)
In Class Exercises (I will bring copies)
Study Questions and Practice Problems
Practice Problem - Demand Analysis
Practice Problem - Supply Analysis
Practice Problem - Demand and Supply
Practice Problems - Elasticity
Study Questions for the First Exam - Exam is Friday, May 3 (includes another comparative advantage problem)
Study Questions for the Second Exam - Exam is Monday, May 13
Study Questions for the Third Exam - Exam is Tuesday, May 21
Study Questions for the Fourth Exam - Exam is Tuesday, May 28
THE CASE/PROJECT
Link to the Case - Remember - everyone must be in class the whole class on Wednesday and Thursday. Major deduction of points will occur if that rule is broken!!