Articles

Microeconomics: A Way of Thinking about Business

• Why Learn Micro?
• Greed #1 Handout
• Greed #2 Handout
• Professor McCain's Game Theory Materials
• David Friedman's Price Theory Textbook
• The Microsoft Economist
• Try Virtual Reality #1

Chapter 2

Competitive Product Markets and Firm Decisions

• That It Is Not Wicked To Be Rich
• E-Commerce Economics -- Is It A Different Set of Rules? (full text article)
• Geekonomics (full text article)
• An Empirical Analysis of Competition, Privatization, and Regulation in Telecommunications Markets in Africa and Latin America (an example of the use of regression analysis) (full text article)
• Try Virtual Reality #2
• Try Virtual Reality #3
• Regression Models and San Francisco housing costs (full text article)
• Regression Models and drug policy (full text article)
• Short-Term Energy Demand Models (from the Department of Energy)
• Microwave Oven Model (from The Bureau of Labor Statistics)

Chapter 5

Government Controls: How Management Incentives Are Affected

Chapter 7

Consumer Choice and Demand in Traditional and Network Markets

• Free, As In Beer (full text article)
• Software, Markdowns, and Elasticity (full text article)
• Springsteen and Elasticity (full text article)
• Demand Aggregation On The Internet (full text article)
• Telecoms and Elasticity (full text article)
• Demand -- Economy-Wide (full text article)
• Health Care Demand (full text article)
• Market Economy Begins To Reach Further Into Government (full text article)
• Beanie Babies (full text article)
• Gas Prices (full text article)
• School Voucher Plans - From Heritage Foundation (full text article)
• A Rational Argument for Lying On Surveys (full text article)
• Data Mining for Demand Analysis (full text article)
• Computer Matching: The Data Technique for Demand Analysis (full text article)
• Why Opinion Polls Are Worthless (full text article)
• Health Care as a Public Good (full text article)
• Market Demand and Firm Demand - Elasticity Comparison

Chapter 8 & 9

Production Costs and Business Decisions

Production Costs in the Short Run and Long Run

• Olympic Medal Production Function 2008 Update
• Olympic Medal Production Function 2004 Update
• Olympic Medal Production Function 2000 (full text article)
• Excel Spreadsheet of Olympic Predictions 2000, 2004, and 2008
• Chapter 9 "The Firm" from David Friedman's Book
• The Corn King (optimal input combinations for maximum corn production) (full text article)
• "The Stack Diagram"

• Economies of Scale and Software Production ( full text article)
• Economies of Scale and Scope in Telecommunications (full text article)
• Economies of Scale in Automobile Accessories (full text article)
• Scale Economies in Electric Utility Generation (Australia)
• Scale Economies in Electric Utility Generation - Policy Study
• Airframe cost model

Chapter 10

Firm Production Under Idealized Competitive Conditions

• The "Noisy Market" Hypothesis (full text article)
• The Welfare of American Investors (full text article)
• Money Traders (full text article)
• Cipro and Patents (full text article)
• Cipro and Patents #2 (full text article)
• The Market for Lemons (full text article)
• Telecommunications Auctions (full text article)
• Cable Access (full text article)
• Project Angel (full text article and link)
• Rate of Return Regulation and the Electric Utility Industry

Chaper 11

Monopoly Power and Firm Pricing Decisions

• Intellectual Property Rights and Monopoly (full text article)
• The Microsoft Case:
  • The Judge Thomas Penfield Jackson's Findings of Fact (11/ 5/99) (full text article)
  • Excerpts from the Judge's Findings (the "executive summary")
  • Competitor's Views of Microsoft Actions (full text article)
  • US vs. Microsoft Index from the Department of Justice
  • Bill Gates Response To Government Charges (full text article)
  • Microsoft Case Back To Judge - April 3, 2000 (full text article)
  • The Microsoft Calendar (who did what and when did they do it...)
  • Judge Rules Agains Microsoft - April 3, 2000 (full text article)
• Intel Monopoly? (full text article)
• Archer Daniels Midland Price Fixing (full text article)
• Gasoline Price Gouging in the Midwest (full text article)
• College Tuition Price Fixing (full text article)
• Airline Fare Structures - How Airlines Use Sophisticated Technology To Price Discriminate (full text article)
• Airlines, Competition and Predatory Pricing (full text article)

Chapter 12 & 13

Firm Stratey Under Imperfectly Competitive Market Conditions

Competitive and Monopolistic Labor Markets

• You Got Game Theory (no business uses game theory)
• Game Theory's Miserable Predictive Capacity
• EconNews Online Oligopoly Section (SouthWestern Publishing)
• Oligopoly Watch is a website with up-to-date oligopoly observations
• Beverages and Oligopoly - The Facts (see "Date and Statistics")
• OPEC Online (Organization of Petroleum Exporting Countries Online)
• Horizontal Price Fixing in Cyberspace (Federal Trade Commission) (full text article)
• Cartoons (full text article)
• Diamonds, De Beers, and Cartels (full text article)
• Vitamin Cartel (full text article)
• Aluminum Oligopoly (full text article)
• NAICS/SIC Codes (lookup site)

Pricing Practices:

• Dynamic Internet Pricing (full text article)
• Peak Load Pricing on Highways (full text article)
• Internet "Toll Booths" (full text article)
• Minimum Wage (full text article)
• Pricing primer
• Usage-based pricing