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Applied Economics for Managers >> Content Detail



Recitations



Recitations

Recitation notes are available along with the in-class exercises that students attempted and discussed. Note that recitation 6 did not have notes; instead, the class worked on the two exercises.

REC #TOPICSEXERCISESEXERCISE SOLUTIONS
1Supply, Demand, and Equilibrium (PDF)

Applications of Supply/Demand: Shocks, Minimum Wage, Rent Control, Policy Evaluation
2Behind the Demand and Supply Curves (PDF)

Monopoly
3Monopolistic Competition (PDF)

Game Theory and Strategic Interaction
4Externalities: Theory and Pollution Exercise (PDF)
5Uncertainty and Asset Prices (PDF)

Informational Efficiency: Rational Expectations, Random Walks

Asymmetric Information: Lemons, Moral Hazard
Adverse Selection Exercise (PDF)

Moral Hazard Exercise (PDF)
Adverse Selection Solutions (PDF)

Moral Hazard Solutions (PDF)
6Double Marginalization

Specific Investment
Double Marginalization Exercise (PDF)

Specific Investment Exercise (PDF)
Double Marginalization Solutions (PDF)

Specific Investment Solutions (PDF)
7Course Summary (PDF)

Review for Final Exam (see practice test on the exams page)

 








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