Michigan State University                                                                                            Prof. Michael Conlin

                                                                                                                                    Fall 2017

   Economics 460

                                 American Industrial Structure and Behavior

Syllabus

TENTATIVE CLASS SCHEDULE

Dates

Material Covered

Carlton & Perloff 4th Edition Textbook [3rd Edition in Brackets]

Additional

Materials

Aug 30, Sept 6

Introduction,

Marginal Benefit and Marginal Cost

 

Problems MBvrsMC

MBvrsMC Solutions

 

Ch. 1

[Ch 1]

PowerpointMBvrsMC

 

Dismal Science

Whole Foods 1 , Whole Foods 2  

Visa to China

Social Security

 

Sept 11

 

Demand

 

PowerpointDemand

 

Amazon Prime

Prius

 

 

Sept 13, Sept 18

 

 

Costs

 

Problems Costs-Demand

Costs-Demand Solutions

 

Ch. 2, pgs 29-43

[Ch 2 pgs 28-43]

PowerpointCosts

 

Honeycrisp Apples

Cost of Wedding Dress

 

Sept 20, Sept 25

 

 

Profit Maximization

 

Problems Profit Maximization

 Profit Maximization Solutions

 

 

Ch. 3, pgs 56-64,

Ch 4, pgs 88-107,

Ch 7 pgs 200-216

[Ch 3 pgs 56-65,

Ch 4 pgs 87-105,

Ch 7 pgs 194-201]

PowerpointProfitMax

 

Canadian Beer  

 

 

Sept 27, Oct 2,

Oct 4, Oct 9,

Oct 11, Oct 16

 

 

Price Discrimination

 

Problems Price Discrimination

Price Discrimination Solutions

 

 

Ch 9,

Ch 10 pgs 313-328

[Ch 9,

Ch 10 pgs 297-312]

PowerpointPriceDiscrimination

 

 

  Internet

Grocery Store

Internet 2

Manicures - Pedicures

Health Care

Golf

Fulton Fish Market

Internet 3

Disney World

Uber1, Uber2, Uber3, Uber4, Uber5

Amazon

Cremation

drycleaning

 

Oct 18

 

 

Midterm Exam

6:30-9:00pm

 

 

 

Oct 23

Carbonated Soft Drink Industry

and Anti-Trust

 

PowerpointSoftDrink

 

Coke / Dr. Pepper

CSD Market 1999

Soda Article

Stubhub and Golden State Warriors

 

Oct 25, Oct 30

 

Oligopoly Models

 

Problems Oligopoly

 Oligopoly Solutions

 

 

Ch 6 pgs 157-180,

Ch 6 pgs 198-199,

Ch 5 pgs 122-146

[Ch 6 pgs 153-175,

Ch 6 pgs 198-199,

Ch 5 pgs 121-145]

 

PowerpointOligopoly

 

Kindle 1

Kindle 2

 

Nov 1, Nov 6,

Nov 8, Nov 13

 Nov 15, Nov 20

 

 

Game Theory

 

Problems Game Theory

 Game Theory Solutions

 

Ch 6 pgs 180-191,

Ch 11 pgs 350-379

[Ch 6 pgs 175-184,

Ch 11 pgs 332-361]

PowerpointGameTheory

 

Detroit Canada Bridge

Nobel Prize

Parenting and Game Theory

Rock Paper Scissors

Google

 

AHCA and ObamaCare

 

Nov 22, Nov 27,

Nov 29, Dec 4

Dec 6

 

Advanced Topics

 

Problems Advanced Topics

 Advanced Topics Solutions

 

 

~

PowerpointAdvancedTopics

 

ObamaCare and AHCA

Divorce Insurance

Contracts

 

https://www.msu.edu/~conlinmi/Rand1999.pdf

https://www.msu.edu/~conlinmi/ReStat2003.pdf

https://www.msu.edu/~conlinmi/jebodec2013print.pdf

 

Final Exam

Section 1: Monday, Dec 11th from 7:45am-9:45am in 213 Berkey Hall

 

Section 2: Friday, Dec 15th from 7:45am-9:45am in 213 Berkey Hall.