Teaching

Dec 9, 2022

Please get in touch if you would like access to editable versions of these teaching materials. 

Managerial Economics

This course deals with economic issues that are likely to be encountered by business managers. 

Topic 1—Big Questions, What do prices do?, Why do firms exist?:

Notes and readings, Lecture slides

Topic 7—The nature of industry, Market structures, Approaches to pricing: 

Notes and readings, Lecture slides

Topic 8—Game theory and strategy, Backwards induction, Repeated games, Learning: 

Notes and readings, Lecture slides

Topic 9—Economic of information, Risk versus uncertainty, Signals and screening: 

Notes and readings, Lecture slides

Topic 10—Real options and uncertainty, Binomial analysis: 

Notes and readings, Lecture slides

Topic 11—Evolution and networks in markets, Cascades, Pricing in networks: 

Notes and readings, Lecture slides

Topics 2 to 6 were presented by another staff member.

Foundations of macroeconomics

This post-graduate course introduces students to foundational ideas in macroeconomics. Weeks 1-7 were textbook stuff. Weeks 8-13 allowed these postgraduate students to think more critically and practically. 

Week 8—Morality and measurement, Origins of GDP, CPI, Measuring capital, Productivity:

Slides, Tutorial notes and exercises

Week 9—Long-run growth, AK models, Institutions and norms, Evolution and competition :

Slides, Tutorial notes and exercises

Week 10—Growth and globalisation, growth accounting, Complexity and productive capacity, Trade and growth:

Slides, Tutorial notes and exercises

Week 11—Booms and busts, Historial views, Babysitters club, Balance sheets, Remedies/controversies:

Slides, Tutorial notes and exercises

Week 12—Money and macro, History and types of money, Modern controversies:

Slides, Tutorial notes and exercises

Globalisation and Economic Development

  • What is economic growth and development? 

  • What are the prevailing theories that account for the massive differences in standard of living across countries?

  • How do researchers attempt to untangle the factors that contribute to economic growth and development?

  • What is globalisation, and how does the process of international economic integration affect national economies?

List of course readings.

Week 1—What is growth?, Historical growth patterns, Contemporary picture of the global economy:

Slides/notes

Week 2—The process of development, why simplifying a complex process of development is useful, how evidence is used to support/ contradict theories of growth:

Slides/notes

Week 3—Stages of growth, capital accumulation models, neoclassical growth theory:

Slides/notes

Week 4—Endogenous growth:

Slides/notes

Week 5—Trade, specialisation vs diversification, theories of trade and integration:

Slides/notes

Week 6—Institutions:

Slides/notes

Week 7—Economic complexity:

Slides/notes

Week 8—War, groups, trust, cooperation and conflict:

Slides/notes

Week 9—Trilemma, Balance of Payments, Rent-seeking, inequality, migration, automation:

Slides/notes

Week 11—Development case studies, Australia, Japan, South Korea, India:

Sildes/notes

Revision.

Business Economics (MBA class)

A course that introduces micro and macro topics that are relevant for business managers. 

Week 1—Opportunity cost, Marginal cost, Specialisation:

Slides, Tutorial exercise

Week 3—Demand and supply, The function of prices, Which market?:

Slides, Tutorial exercise

Week 3—Markets, Elasticity, Market concentration, Pricing:

Slides, Tutorial exercise

Week 4—Market failure, Social efficiency, Regulatory regimes:

Slides, Tutorial exercise

Week 5—Game theory, Backwards induction, Repeated strategies, Tacit collusion:

Slides, Tutorial exercise

No tutorials from this point onwards.

Week 6—Institutions, Evolution and Optionality:

Slides

Week 7—Understanding macroeconomic measurements:

Slides

Week 8—Business cycles and growth, Automatic stabilisers:

Slides

Week 10—Money and monetary policy:

Slides

Week 11—Fiscal policy and international economics:

Slides

Week 12—Requested special topics, Housing, UBI, Rent-seeking, Ageing:

Slides