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Managerial Economics
FRE 295
Section: 101, 103
Instructor: James Vercammen
Office: HA 268
Office Hours: M 10:30-11:30; W 11:45-12:45
Class Schedule: 103: MW 1:00-2:30
Classroom: HA 491
Important Course Pages
Lecture Notes
Course Discussion

Course Description

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 604-827-3172 Office hours: normal business hours

Learning Objectives

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%
TOTAL: 100%

Academic Integrity and Plagiarism

All UBC students are expected to behave as honest and responsible members of an academic community. See,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

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

Course Schedule

295 course schedule