Course Catalog

Summer 2007

B7006-200: Managerial Economics

BC2009,

Instructor: raymond fisman

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This course focuses on the problem of business decisions, making extensive use of cases. Topics include basic supply-demand theory and marginal analysis, the structure of decision problems, the impact of the   market setting (i.e., competitive, oligopolistic or monopolistic structures) and strategic interactions among firms using game theory. The emphasis throughout is on the use of economic reasoning to solve actual business decision problems.

Raymond Fisman

Raymond Fisman

Lambert Family Professor of Social Enterprise

Professor Fisman works in the area of economic development, with a particular focus on the political economy of corruption. In this domain, he has studied the value of political connections in Indonesia, smuggling between Hong Kong and China, and the link between culture and corruption. He is also an active researcher in the emerging field of behavioral economics, and has done work on diverse topics ranging from racial preferences in dating to the economics of altruism. More recently, his research has turned to examine the motivations and effects of corporate social responsibility. Professor Fisman teaches the core course in Managerial Economics and an elective on the private sector and international development. He is the Director of the Social Enterprise Program and a Bernstein Faculty Leader.

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