Course map

This is a list of ~80 minute sessions that I regularly teach across various general management programmes. The links provide access to lecture slides, cases, classroom activities, and additional resources that I make available to students once they’ve taken the class. If you are an instructor you can contact me directly for board plans and further advice. 

As a professional educator one of my main concerns with the prevalence of digital content is the impact it has on a student’s ability to gather, synthesize, and critically engage with content. I try to ensure that all of my live sessions are unique and generate content that requires attention and consideration. For this reason I strongly encourage students to take notes, and debrief with group members, instead of relying on the provision of solutions, punchlines, or board plans at some future date. Part of my responsibility as an instructor is to ensure that you do not finish the course missing any important information. But your responsibility as a student is to be in charge of absorbing what happens in the classroom.

Each session contains learning objectives as well as an assessment of cutting edge theory (c); a focus on diversity (d); and spotlight on sustainability (s). Note that Marginal Revolution University have a series on women economists.

Microeconomics I

  1. Incentives matter (s)
  2. Value creation (c) (d) (s)
  3. Max U (d)
  4. Understanding cost (d)
  5. Cost curves (c)
  6. Economies of scale (s)
  7. Market equilibrium (d)
  8. Auctions (c) (d) (s)
  9. Markets in everything (d)
  10. Price discrimination (c) (d)

Microeconomics II

  1. Competition and the market process
  2. CC Simulation (s)
  3. Two-sided markets (c) (s)
  4. Game theory
  5. Oligopoly
  6. Adverse selection (c) (d) (s)
  7. Signalling (d)
  8. Capital theory (s)
  9. Internal markets
  10. Prediction markets
  11. Corporate entrepreneurship (d)
  12. Market-Based Management (R)

Macroeconomics I

  1. Growth theory (c) (d) (s)
  2. Public finance  (d)
  3. Money and central banking (c)
  4. Monetary policy (c) (d) (s)
  5. Fiscal policy (d)
  6. Macro Policy Workshop (d)
  7. Wiggle room (c)
  8. Scenarios

Macroeconomics II

  1. International Trade (d)
  2. International economics/ Josko Joras
  3. Banking crises (c)
  4. Currency crises
  5. Debt crises (d)
  6. Foreign Investment (d)
  7. Behavioural economics
  8. Global Prosperity (d)
  9. Inequality (c) (d)
  10. Stagnation (c) (d)

An Introduction to Game Theory

“Game Theory”, or the science of strategy, is a big topic that leads in many fascinating directions. This post will provide a basic understanding of what Game Theory is, and how it can be utilised in management situations. In addition to providing my own course material, I have also attempted to tie into some of the amazing resources that already exist.

My advice for you is to watch this video, and then choose one (or more) of the additional readings.

 

Lecture handout: Game Theory*

I like to follow the lecture on Game Theory with an interactive session on Oligopoly.

  • I also utilise the following at the start and end of the Game Theory lecture: Oligopoly Game 42 and “Cheating for a £20”.

Additional readings

Here are some recommendations, depending on your level of interest and time constraints:

But the Game Theorist’s “bible” is Thinking Strategically” by Dixit, A., and Nalebuff, B (Norton, 1993). This is the one book you need to read, re-read, and master.

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Finally, it is great fun to apply Game Theory to popular culture. See Michael Statsny’s discussion of game theory in movies, and a collection of popular cultural references. Here are some of my favourite discussion questions:

I also like these two classic clips from Goldenballs:


Learning Objectives: