Course Map

This is a list of 80 minute sessions that I regularly teach across various general management programmes. They are a combination of lectures (denoted with an *), cases, and simulations. Many of the Harvard cases have their own detailed Teaching Notes, but feel free to contact me if you’d like to see my versions. Up to date versions of my own cases are available here.

Microeconomics I

      • Incentives matter*
      • Max U
        • Maximilian Untergrundbahn, January 2013
          • Instructions: Complete the assignment questions
      • Incentive design/experimental economics
      • Understanding cost
        • Malhotra, Deepak, “Hamilton Real Estate”, Harvard Business School Case Nos. 9-905-052 and 9-905-053
      • Cost curves
        • La Marmotte, January 2012
        • Instructions: Complete Exhibit 1 and provide suggestions for the two key decisions
        • Video: “The Planning Horizon“, June 2016
      • Economies of scale
        • “Dogfight over Europe: Ryanair (A)” Harvard Business School case no. 9-700-115, November 21st 2007
        • Discussion question: What are some sources of economies of scale? How do they apply to British Airways in 1986?
        • VideoCheap flights,
      • Market equilibrium*
      • Markets in everything
        • “I’ve got debts, please buy my kidneys” The Times September 27th 2009
        • Discussion question: What are some different ways in which we could allocate kidneys?
      • Price discrimination
      • Price techniques
        • Wembley Stadium, July 2012
      • Competition and the market process*
      • CC Simulation
        • CC Simulation, March 2012
        • Discussion question: Is the market for airport services in the UK competitive?
        • Follow up video: Porters 5 Forces

Microeconomics II

        • Game theory*
        • Oligopoly
          • Beckman, Steven R., “Cournot and Bertrand games” Journal of Economic Education, Vol.34, No.1, pp.27-35
        • Auctions
          • Hild, M., Dwidevy, A., and Raj, A., (2004) “The Biggest Auction Ever: 3G Licensing in Western Europe”, Darden Business Publishing
          • Discussion question: What are the alternatives to auctions?
          • Video: “Spectrum auctions, spectrum liberalization and the incomplete triumph of Coase” Marginal Revolution University
          • Planet Money, “Auction Fever
            • Discussion points:
              – Anchoring heuristic
              – Starts with a Dutch auction then turns to English one
              – Info asymmetry is reduced by testing
        • Capital theory*
        • Adverse selection
        • Signalling*
        • Internal markets*
          • Wessen, R.R. and Porter, D., “The Cassini Resource Exchange” Ask Magazine 16, Fall 2007, p. 14-18
          • Video: Cassini’s Grand Finale
        • Prediction markets
          • Coles, Peter, Lakhani, Karim and McAfee, Andrew, “Prediction Markets at Google” Harvard Business School Case No. 9-607-088, August 20, 2007
          • Prediction Markets”, February 2016
        • Corporate entrepreneurship
          • Weston, Hilary A., “Automation Consulting Services”, Harvard Business School Case No. 9-190-053, November 2000
        • Market-Based Management (R)*
          • Finegan, J., “Pipe Dreams” Inc.com Magazine, August 1994
          • Koch, C., 2014 Case Study #4: Georgia-Pacific Green Bay Broadway Mill, in ‘Good Profit’
        • The firm
          • Coase R.H., “The Nature of the Firm” Economica, New Series, Vol. 4, No. 16. (Nov., 1937), pp. 386-405
          • Hayek, F.A., “The Use of Knowledge in Society” The American Economic Review, Vol. 35, No. 4. (Sep., 1945), pp. 519-530

Macroeconomics I

        • Public finance
          • “Rovna Dan: The Flat Tax in Slovakia”, Harvard Business School case no. 9-707-043, March 2010
            1. What are some objectives of a tax system?
            2. What is a “flat tax”?
            3. Why did Mikulas Dzurinda adopt a flat tax in Slovakia?
            4. As of 2006, should it be repealed?
          • See Flat Tax in Slovakia, May 2016
        • Monetary policy I*
        • Monetary policy II
          • “The Euro in Crisis: Decision Time at the European Central Bank” Harvard Business School case no. 9-711-049
          • Discussion questions:
            1. How does the ECB conduct monetary policy?
            2. What actions were taken after the BNP Paribas freeze in 2007?
            3. How do these actions compare to the Fed?
            4. As of May 2010 should the ECB by Greek sovereign debt?
          • See The ECB During the Crisis, May 2016
        • Fiscal policy*
          • Video: Part 1: The First 100 Days of “Inside Obama’s White House” BBC2 (iPlayer)
        • The Great Depression*
        • International economics
          • Josko Joras (A), December 2012
          • Instructions: Complete exercises 1,2, and 3
        • Macro Policy Workshop
        • Signal extraction [WIP]

Macroeconomics II

      • Growth theory
      • Dynamic AD-AS model*
      • ISLM*
      • Behavioural finance
      • EMH*
      • Banking crises
        • Diamond, D.W., and Dybvig, P.H., (1983) “Bank Runs, Deposit Insurance, and Liquidity”, Journal of Political Economy, 91(3):401-419
        • Planet Money: How fake money saved Brazil, October 5th 2010
      • Currency crises
        • “Currency Crises” Harvard Business School case no. 9-799-088
        • Discussion question: Which countries are on the verge of a currency crisis?
      • Debt crises
      • Foreign Investment
        • Porter, M., and Ketels, C., “Indonesia: Attracting foreign investment” Harvard Business School case no. 9-708-420, January 11th 2013 (£)
          1. What does Indonesia have going for it?
          2. So why did they lag behind other Asian countries?
          3. Why didn’t the 1998 reforms work as well as hoped?
          4. As of 2007 is Indonesia competitive?
        • See Foreign Investment in Indonesia, May 2016
      • Transition I*
        • Planet Money, “Peanuts and Cracker Jack
          • Discussion points:
            • What are the main factors that determine the earnings of a vendor?
            • Why is it better to have the vendors decide on who does what, rather than senior management?
            • How much entrepreneurial profit comes from working harder than others?
      • Transition II*
      • Public choice*
      • Global prosperity*
      • MPC Simulation
        • MPC Simulation, December 2012
      • ECB Simulation
        • ECB Simulation, March 2011
      • Wiggle room
        • The Balkan Wiggle-Room Index, December 2012
      • Scenarios*