Mr Jose Vasquez Carvajal MAR 6.12

This course is available on the Global MSc in Management, Global MSc in Management (CEMS MIM) and Global MSc in Management (MBA Exchange). This course is not available as an outside option.

A graduate-level introduction to the foundations of managerial economics. Topics include:

1. Consumer choice under certainty and uncertainty.

2. The theory of the firm and organizations.

3. Strategic interaction and dynamic competition.

20 hours of lectures and 10 hours of seminars in the AT. 2 hours of lectures in the ST.

Students on this course will have a reading week in Week 6 of AT, in line with departmental policy

Sample exercises will be provided throughout the Autum Term and will be discussed during the class sessions. These sample exercises do not count for your mark in the course.

Useful textbooks (in no particular order):

- Nick Wilkinson, Managerial Economics. Cambridge University Press

- D M Kreps, Microeconomics for Managers, W. W. Norton (2004)

- B. Douglas Bernheim and Michael D. Whiston, Microeconomics, McGraw Hill (2008).

- R. Pindyck and D. Rubinfeld, Microeconomics, Pearson.

Reading lists will be provided at the beginning of the course.

Exam (100%, duration: 2 hours) in the January exam period.