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Course Info

  • Course Number / Code:
  • 15.011 (Fall 2004) 
  • Course Title:
  • Economic Analysis for Business Decisions 
  • Course Level:
  • Graduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Sloan School of Management 
  • Course Instructor(s):
  • Prof. Ernst Berndt
    Prof. Michael Chapman
    Prof. Joseph Doyle
    Prof. Thomas Stoker 
  • Course Introduction:
  •  


  • 15.010 / 15.011 Economic Analysis for Business Decisions



    Fall 2004




    Course Highlights


    This course features a full set of lecture and recitation notes with associated assignments, including solutions and common mistakes.

    » Download the complete contents of this course.



    Course Description


    15.010 is the Sloan School's core subject in microeconomics, with sections for non-Sloan students labeled 15.011. Our objective is to give you a working knowledge of the analytical tools that bear most directly on the economic decisions firms must regularly make. We will emphasize market structure and industrial performance, including the strategic interaction of firms. We will examine the behavior of individual markets -- and the producers and consumers that sell and buy in those markets -- in some detail, focusing on cost analysis, the determinants of market demand, pricing strategy, market power, and the implications of government regulatory policies. We will also examine the implications of economics on other business practices, such as incentive plans, auctions, and transfer pricing.

    *Some translations represent previous versions of courses.

     

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