BUS 207: Managerial Economics
Section D1: W 14:30-17:20 EDB7618
Section E1: W 18:30-21:20 BLU9660
Professor: Karen Ruckman
Office: WMC 4313
Office Hours: Thursdays 11:30-13:00
The purpose of this course is to intr
LECTURE NOTES Week 11
THE HISTORY OF INDO-EUROPEAN
- The languages of Europe and India are all related. The only
non Indo-European languages in Europe are Hungarian,
Finnish, Estonian, Karelian (Finno-Ugric family), Bas
Oligopoly Examples (2): we will go through 1 and 4 in class time.
Answer to #2
Ans: a) two nash: J develops E and K develops D. and vice versa.
a) We cannot predict what will be the outcome without more info.
b) J chooses E and K chooses D.
c) K chooses E
A firm has decided through regression analysis that its sales (S) are a function of
the amount of advertising (measured in units) in two different media, television
(x) and magazines (y):
S(x, y) = 100 x2 + 30x y2 + 40y
Find the lev
Lecture 8: Oligopoly II
Other Simultaneous Move Games
War of Attrition (Chicken) Games
First Mover Advantage
Strategic Trade Theory
Game: The R
Q1. What are the costs and benefits of having teams of students work together on
assignments in this course? Would you implement teams? Why or why not?
Q2. SFU is non-profit institution. Define, in as operational a manner as possible, the
Bus207 first lecture May 10th:
Managerial economics: deals with the application of microeconomic theory and
methodology to decision-making problem.
It extracts from microeconomic theory those concepts and techniques that enable