syllabus2008 - Syllabus Econ 106E Spring 2008 The Economics...

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Syllabus – Econ 106E – Spring 2008 The Economics of Entrepreneurship Instructor: Prof. Daniel Ackerberg Class Hours: TR 3:30-4:50, Dodd 161 Office Hours: Wednesday 2:30-4:30, Bunche 8379 Course Description: This course will apply insights from economic theory to the practice of starting a new business or expanding a current business. The course will combine elements of strategy, marketing, and entrepreneurial finance courses as typically taught in a business school and an industrial organization class as taught in an economics department. We start by examining general issues regarding entrepreneurship, in particular the search for markets that can support entrepreneurial profits. The next section turns to specific strategic decisions that entrepreneurs make: pricing, advertising, product location, deterring entry by competitors, etc. The last section examines practical issues in entrepreneurship, e.g. finding capital, business plans, and patent protection. Course Requirements: Problem Sets (2) – 10% “Pre” Business Plan – 20% Midterm Exam – (May 8) – 25% Final Exam – (June 9 – 6:30-9:30PM) – 45%
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