Syllabus | FAQ | Reading list | Homeworks | Old Exams | Exam Dates and Locations | Office hours
Selected lecture notes
Notes on residual demand | Handout on second degree price discrimination
Handout on infinitely repeated games
Handout on horizontal mergers | Handout on vertical mergers
Handout on vertical relations | Handout on asymmetric information problems and advertising
Homework 1 (due Thurs July 5)
| Homework 1 answers | Homework 2 (due Wed July 11)
| Homework 2 answers | Homework 3 (due Wed July 18) | Homework 3 answers
Homework 4 (due Wed July 25) | Homework 4 answers | Homework 5 (due Wed Aug 1) | Homework 5 answers | Homework 6 (due Wed Aug 8) | Homework 6 answers | Homework 7 (due Mon Aug 13) | Homework 7 answers
Lorch Hall Room 313
Thursdays and Fridays 4:00 p – 5:00 p
Midterm
exam – Wednesday, July 18, 2:00 pm – 4:00 pm B844 East Hall
Final
Exam – Thursday, August 16, 1:30 pm - 3:30 pm B844 East Hall
Q: Are there any prerequisites?
A: This course requires Economics 401 and first year calculus as prerequisites. In the past, people who were not adequately prepared in either subject found it hard to keep up with the course.
Q: What is the course requirement?
A: Please see the Syllabus for details.
Q: Is the course math-intensive?
A: Depends on your definition of "math intensive". We will probably use more math than some economics courses, but nothing really hard. To get an idea of what to expect, take a look at Chapter 16 on mergers in the required textbook. This is the hardest it will get. Old exams are also available.
Q: What is the grading system like?
A: There are two exams, a midterm and a final. The midterm
accounts for 40 % of the grade and the final accounts for 60 % percent
of the grade. The final is not cumulative, it focuses on the material
covered since the midterm.
Q: …So homeworks do not count for the grade?
A: Directly, they don’t. However, don’t forget about your homework just yet. The course material is very cumulative. You will find that it is much easier to keep up with the course if you do the reading and practice solving homework problems as we go along. Besides, many people were surprised to discover that reading lecture notes and book chapters does not help them solve problems as much as they'd expected. Dealing with problems takes PRACTICE, and that's what homework is for. Statistically, over the years, people who did their homeworks wrote significantly better exams.
Q: Is the final cumulative?
A: Short answer, no. The final focuses on the
material
covered
since the last test. However, when writing exam questions I am assuming
that
you know all the material covered so far.
Q: Can I bring a formula sheet to use during the exams?
A: All exams are closed books, closed notes. This helps keep the exam problems as simple as possible. I usually provide a reference sheet with every exam. See old exams for sample reference sheets.
Q: What kind of calculator can I use during the exams?
A: Use any calculator you want. Except you cannot bring palmtop (or laptop) computers. Usually, calculators are not even needed for most problems. Calculators are to be used for computation only, and not for storage of information. If you have a fancy calculator, you cannot use pre-programmed formulas and graphing functions.
If you have other questions I did not cover, please let me know.
<>Required text: Lynne Pepall, Daniel J. Richards and George Norman, Industrial organization: contemporary theory and practice. 3d ed.Summer 2007 Midterm answers (PDF)
Fall 2003 First
Midterm
(PDF) | Fall 2003 Second
Midterm
(PDF) | Fall 2003 Final (PDF)
Fall 2003 First
Midterm
answers (PDF) | Fall 2003 Second
Midterm answers | Fall 2003 Final
answers
Winter 2002
First
Midterm (PDF) | Winter 2002 Second
Midterm
(PDF) | Winter 2002 Final (PDF)
Winter 2002 First Midterm answers (PDF) | Winter 2002 Second Midterm answers (PDF) | Winter 2002 Final answers
Report broken links here