Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Monday, April 18, 2011

Supply and Demand

The supply and demand slides that I use in the quiz session at UW Foster School of Business. This is the Spring 2011 version. There are two good things about them:



  • They have a table for simultaneous shifts in supply and demand that can be handy for undergrads that are short on time

  • They have some exercises with answers


Download B ECON 300 - Quiz Session - April 12-15



Monday, March 14, 2011

The Durbin Amendment

I recently had to prepare a paper about the impacts of the Dodd-Frank legislation for a class. Rather randomly, I chose the Durbin Amendment, a provision that increases regulation on the debit card market. What I learned about the debit and credit card market was fascinating.


The amendment passed into law in July 2010 and the Fed is now discussing how it will be regulated, and this is where the relevant points appear. For example, the amendment requires a price cap on the fees that merchants have to pay, but it doesn't say how much. The average fee in 2010 was about 44 cents, and the Fed set the cap at 12 cents, cutting heavily into the profits of (I can safely say)  your bank. As a consequence, you may pay more for checking, but is this really bad?


Download Durbin Amendment



Thursday, March 10, 2011

Managerial economics (B ECON 300) class notes

It is very possible that many of my Managerial Economics students will scour the web for class notes (instead of using the course website). And maybe, just maybe, after spending some time on Wikipedia's article on Managerial Economics and in some random essay mills, they may find the lecture notes here.


It's very possible that looking at the course website would have been faster, but the course website is not integrated with Facebook and not accessible through Google, so I'm just making it easy on them.


Download Managerial Economics Lecture Notes