|Office Hours:||M 10:30-11:30; W 11:45-12:45|
|Class Schedule:||103: MW 1:00-2:30|
|Important Course Pages|
Managerial Economics covers the economic foundations of managerial decision–making. Topics include supply and demand, empirical methods, organization and objectives of the firm, competition and monopoly, pricing with market power, oligopoly, game theory, uncertainty and information, the agency problem, behavioral economics, and market failure.
This course is cross-listed as FRE 295, Section 101. The course website can be access through UBC Connect There will be a teaching assistant for this course. Contact details will be provided in class.
UGO Support: Kelsey MacPherson firstname.lastname@example.org 604-827-3172 Office hours: normal business hours
By the end of the course, students should be able to apply economic models and economic analysis to a wide range of business problems, including pricing decisions and competitive strategy decisions. In carrying out economic analysis, students should be comfortable using diagrams, a variety of mathematical techniques, and spreadsheets.
|Activity||Percent of Grade|
|Assignment #1 Distributed Sept. 20, due Oct. 4||5%|
|Assignment #2 Distributed Nov. 6, due Nov. 27||5%|
|Midterm Exam Thursday, Oct. 26, evening||35%|
|Class Participation (including clicker questions)||10%|
|Final Exam TBA||45%|
Academic Integrity and Plagiarism
All UBC students are expected to behave as honest and responsible members of an academic community. See http://www.calendar.ubc.ca/vancouver/index.cfm?tree=3,54,111,959
Required Textbook: Managerial Economics and Strategy, 2nd edition by Jeffrey Perloff and James Brander. This textbook is available in the UBC bookstore or can be obtained at lower cost as an e-book from the bookstore or on-line. Used copies of the 1st edition are also acceptable. Used copies of earlier (custom paperback) editions are not recommended. Access to the helpful online resource MyEconLab comes with new copies, but is not required. Access to MyEconLab by itself is sold at http://catalogue.pearsoned.ca/educator/product/Managerial-Economics-and-Strategy-Plus-MyEconLab-with-Pearson-eText-Access-Card-Package/9780134472553.page.
Technology Requirements: All students must have an iClicker and should have a laptop computer. All students must be able to access the Connect website for the course