Managerial Economics
TERM PROJECT: Discover how much of the world events are explained by economics.
The project, or scrapbook, consists of reading a variety of articles found in the news media in search for articles that discuss and use the concepts found in each of the assigned chapters of the text. One article is required for each of the assigned chapters covered in the course
Analyze the key economic points found in each of the articles as a separate sub-heading in the paper.
Your conclusion and recommendations should synthesize all the key facts of the articles. The paper should be a minimum of 13 pages and must be submitted in the APA.
Chapters:
1.Managers, Profits and Markets;
2. Demand, Supply and Equilibrium
3. Managerial Analysis for Optimal Decisions;
4. Basic Estimation Techniques
5. Theory of Consumer behavior.
6. Elasticity of Demand
8. Production and Cost in the Short Run
9. Production and Cost in the Long Run
10. Production and Cost estimation;
11.Managerial Decisions in Competitive Markets
12. Managerial Decisions for Firms with Market Power
13. Strategic Decision Making in Oligopoly Markets
TEXTBOOK(S) AND REQUIRED MATERIALS for this class:
Title: Managerial Economics : foundations of business analysis and strategy
Author: Thomas, Christopher & Maurice, Charles
Publisher: McGraw-Hill Irwin
Year Published: 2010
Edition: 10Th
ISBN: 13:9780073375915.