Syllabus Busi 681 Fall 2010

BUSI 681: Managerial Economics and Public Policy Syllabus Philip Young Fall 2010 Instructor Philip Young Office Hours: 5:00-6:00 p.m. before class (in the classroom) and by appointment. Ill also be available subsequently class for any follow-up questions after the regular lecture period. Phone: (202) 378-7343. Please use this add together only for urgent matters. Email is generally preferred for communicating. I respond quickly to emails. Email: pmyoung@umd.edu Class meets Tuesday evenings from 6:25-10:00 p.m. on 10/26, 11/2, 11/9, 11/16, 11/23, 11/30, 12/7 with a final exam on Tuesday evening 12/14. COURSE DESCRIPTION   This mark is intended to let the student with a basic introduction to the microeconomics of the trusty. The emphasis forget be on the firm decision-making process and how that process influences firm performance. Firm performance can have many dimensions, although this course will primarily concern itself with profitability. The course will canvas the market environs of the firm and the role of government in the market.

Topics to be covered include: * the basic microeconomic principles that firms hire in making business decisions, including demand, elasticities, costs, productivity, and pricing; * the industry environment that firms face including the concepts of market structure, market conduct, and market performance; * special K forms of market failures that affect firms; and * the role of government intervention in the market, particularly in ameliorating market failures.   The managerial in the course title is taken seriously, with primary attention wedded to applications. This is accomplished primarily by the use of a school text that emphasizes the managerial applications of economic concepts and the use of cases. The cases provide practice in applying economic concepts to firm decision-making. REQUIRED MATERIALS * Microeconomics, by Robert S. Pindyck & Daniel L. Rubinfeld, (Referred to as P&R... If you want to get a secure essay, order it on our website: Orderessay

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