For detailed information on programs, curricula, and faculty, see the School's web site. If you have an academic-related reason you cannot make the trip, we will assign alternative work. Potential topics include: health reform, health insurance (Medicare and Medicaid, employer-sponsored insurance, the uninsured), medical malpractice and quality regulation, pharmaceuticals, the corporate practice of medicine, regulation of fraud and abuse, and international comparisons. The guest list changes year to year but 2016's list included David Booth, Howard Marks, Martin Chavez, James Manyika, Kevin Warsh, Tom Kempner, and Larry Summers. The pricing component of the course will handle both traditional topics, such as price differentiation, and more modern ones, such as dynamic pricing. This topics-based course will exam a variety of historic and current issues on the political agenda where economics is central to decision making. Students will acquire a conceptual understanding of basic experimental statistics to inform these skills.
D.) as well as interdisciplinary degrees in Public Policy (M. Students focus on one of seven discrete areas of study including accounting, economic analysis and policy, finance, marketing, operations information and technology, organizational behavior, and political economy. Instead, there will be a mandatory, all-day class field trip to explore inequality issues in depth and in person on Wednesday, May 24. This course provides the legal, institutional, and economic background necessary to understand the financing and production of health services in the US. In recent years Myron Scholes has given about half the lectures with the other half given by prominent guests. The focus of the course is on pricing mechanisms and the design of marketplaces. Economic issues permeate all that happens in government. How large is the impact of raising prices on sales? Students will learn: how to evaluate claims of causality; how to conduct and analyze experiments and quasi-experiments; the advantages and disadvantages of experiments; how to quantify uncertainty; and what can go wrong in experiments.
nnn In the first half of the course, we will develop the course framework, and apply it to illustrative cases.
Barth, Jonathan Bendor, Lanier Benkard, Jonathan B. Investors must also interpret how accounting policies function at various points in a firm's life cycle, influencing the quality of earnings for firms differently in different economic environments.
No specific undergraduate major or courses are required for admission, but experience with analytic and quantitative concepts is important. Same as: FINANCE 692, GSBGEN 692, HRMGT 692, MGTECON 692, MKTG 692, OB 692, OIT 692, POLECON 692, STRAMGT 692 MGTECON 200. It covers microeconomic concepts relevant to management, including the economics of relationships, pricing decisions, perfect competition and the "invisible hand," risk aversion and risk sharing, and moral hazard and adverse selection. The business world has become more quantitative and economics-oriented in the last 30 years, but many of the key ideas in economics, relating to topics such as pricing, monopoly, imperfect competition, game theory, moral hazard and adverse selection, public choice, externalities, risk aversion, capital market pricing and equilibrium, and auction theory can all be usefully approached with this relatively small amount of math. Topics include demand and supply, cost structure, price discrimination, perfect competition, externalities, and the basics of game theory. Key topics include long-run economic growth, technological change, wage inequality, international trade, interest rates, inflation, exchange rates, and monetary policy. We will look at inequality in income, some of its potential sources, and its effects in other areas.