Econ for Managers – MIM


Course outline: Economics for Managers (MIM) 2019/20

Course textbook:

Problem set: download here.


1. Consumer behaviour and basic review

1a. Max U +
Evans, A.J., Maximilian Untergrundbahn, January 2018
Instructions: Complete the assignment questions

1b. Course Introduction & Administration

2. Cost functions and price discovery

2a. Cost curves* +
Evans, A.J., La Marmotte, January 2012
Instructions: Complete Exhibit 1 and provide suggestions for the two key decisions

2b. Comparative Statics +

3. Asymmetric information

3a. Adverse selection
Akerlof, G.A., (1970) “The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism”. Quarterly Journal of Economics 84(3):488–500 (£)

3b. Signalling*
Spence, M., (1973) “Job Market Signaling“. Quarterly Journal of Economics 87(3):355–374 (£)

4. Strategic behaviour

4a. Introduction to Game Theory*

4b. Oligopolistic competition

5. REVIEW SESSION ON MICRO PROBLEM SET 

6. National income accounting

6a. Economic growth*
Solow, R., (1956) “A Contribution to the Theory of Economic Growth” The Quarterly Journal of Economics, 70(1):65-94 (£)

6b. Capital Theory*

7. Monetary policy

7. Monetary policy*

8. Fiscal policy

8. Fiscal policy*

9. International economics

9a. Foreign exchange

Evans, A.J., “Josko Joras (A)”, December 2012

Instructions: Complete questions 1, 2 and 3

9b. Dynamic AD-AS recap

10. REVIEW SESSION ON MACRO PROBLEM SET

Note:

Sessions marked with an asterix (*) have a lecture handout available in advance.

Readings marked with a (£) sign means that you may need library access.

A + sign provides a link to a page of additional resources.