Fall 2014

Econ 600

Office Hours:

Tue, Thur 11:15-12:30 Thur 6:30-7:00; and By Appointment

Office: JH4244
Phone: 818-677-2443

There will be a paper worth 30% of your grade each.  There will also be an additional paper and a presentation (see Talk and Paper below) worth 50% of your grade.  The remaining 20% of your grade will be determined by classroom participation. 

Transactions and Strategies: Economics for Management.
By Robert J. Michaels

Watch for additional readings which may be added during the course of the semester

Participation Form

Weekly Readings:
8-28-14: Rationality in Economics; The Construction of Social Reality; I Pencil ; Hayek, The Use of Knowledge ; Biro-two lessons
9-4-14: Markets for Factors of Production ; Read Ch 15 in the text
9-11-14: Why Firms Exist; Read Chs 9-11 in the text
9-18-14: Executive Pay; Read Chs 12&13 in the Text
9-25-14: Read Ch 14 in the Text
10-2-14: Expected Utility Analysis ; Read Ch 16 in the text
10-9-14: The Efficient Market Hypothesis; Pension Consultants; Systemic Risk; Corporate Social Responsibility
10-16-14: The Secret of Success: Failure; The Cost of Production; Read Chs 5-8 in the Text
10-23-14: Porter's Five Forces ppt; Thinking About the Firm
10-30-14: Macroeconomics; U.S. Gov. Default; Taxing Capital Gains

Talk and Paper
Provide a brief (1 page max) outline of your talk for each student in the class
please put your name on the outline

Final Paper (Due 12-4-14)