1939 and Wall Street Journal
Boston College
Wallace E. Carroll Graduate School of Management
Managerial Economics
MF 701
Fall 2014
Professor Clifford G. Holderness
Office: Fulton 224C, 617-552-2768
E-mail: clifford.holderness@bc.edu
Office Hours: Tuesday 3:45—4:30, Friday 10-12, and by appointment
TA: Tom Schneider
Office: Fulton 154C, 617-552-2050
Email: schneitc@bc.edu
Office Hours: Monday 1-3; Friday 10-12; and by appointment
Course Objective
This course is designed to teach you how the basic analytical tools of microeconomics can improve your decisions as a manager. Throughout the course we will study the basic tools of price theory and then apply them to managerial problems.
The primary objective is to train you to think in economic terms, to identify the relevant economic issue in a given situation, to separate the relevant facts from the irrelevant facts, and to analyze the implications of alternative managerial decisions.
Readings
The textbook for the course is Armen Alchian and William Allen, Exchange and
Production: Competition, Coordination, and Control (3rd edition, 1983). As this textbook is currently out of print, I have received permission from the authors to copy those chapters that we will cover in this course. These have been reprinted and are for sale at the Boston College Bookstore. You may also be able to purchase this text on one of the used book sites on the Internet (in particular, Amazon or AbeBooks). Also for sale at the Boston College Bookstore is a book of supplemental readings. You should purchase both of these packages.
Class Hours
Section 1: Tues. 1:45 PM—3:45 PM; Thurs. 11 AM—1 PM.
Section 2: Tues. 11 AM—1 PM; Thurs. 1:45 PM—3:45 PM.
2
Administrative Matters
Your grade in this course will be based upon class participation, two take-home quizzes, a midterm examination, and a final examination. The weights for these are as follows: Class participation
Quiz #1
Midterm Examination
Quiz #2
Final Examination
10%
Wallace E. Carroll Graduate School of Management
Managerial Economics
MF 701
Fall 2014
Professor Clifford G. Holderness
Office: Fulton 224C, 617-552-2768
E-mail: clifford.holderness@bc.edu
Office Hours: Tuesday 3:45—4:30, Friday 10-12, and by appointment
TA: Tom Schneider
Office: Fulton 154C, 617-552-2050
Email: schneitc@bc.edu
Office Hours: Monday 1-3; Friday 10-12; and by appointment
Course Objective
This course is designed to teach you how the basic analytical tools of microeconomics can improve your decisions as a manager. Throughout the course we will study the basic tools of price theory and then apply them to managerial problems.
The primary objective is to train you to think in economic terms, to identify the relevant economic issue in a given situation, to separate the relevant facts from the irrelevant facts, and to analyze the implications of alternative managerial decisions.
Readings
The textbook for the course is Armen Alchian and William Allen, Exchange and
Production: Competition, Coordination, and Control (3rd edition, 1983). As this textbook is currently out of print, I have received permission from the authors to copy those chapters that we will cover in this course. These have been reprinted and are for sale at the Boston College Bookstore. You may also be able to purchase this text on one of the used book sites on the Internet (in particular, Amazon or AbeBooks). Also for sale at the Boston College Bookstore is a book of supplemental readings. You should purchase both of these packages.
Class Hours
Section 1: Tues. 1:45 PM—3:45 PM; Thurs. 11 AM—1 PM.
Section 2: Tues. 11 AM—1 PM; Thurs. 1:45 PM—3:45 PM.
2
Administrative Matters
Your grade in this course will be based upon class participation, two take-home quizzes, a midterm examination, and a final examination. The weights for these are as follows: Class participation
Quiz #1
Midterm Examination
Quiz #2
Final Examination
10%