The textbook is Markets for Managers by Anthony J. Evans (Wiley, 2014).
I wrote it specifically for this course and all students are advised to read it in conjunction with the lectures. In addition, the website provides a number of interactive features including videos. More details are here: http://www.marketsformanagers.com.
The final exam will be based on discussion questions.
There are plenty of other good textbooks on the market. I also recommend Managerial Economics by Luke M. Froeb, Brian T. McCann, Michael R. Ward and Mikhael Shor (Thomson Southwestern 3rd edition, 2013) and A Concise Guide to Macroeconomics by David Moss (Harvard Business School Press, 2007).
Course handouts: download here.
Hild, M., Dwidevy, A., and Raj, A., “The Biggest Auction Ever: 3G Licensing in Western Europe”, Darden Business Publishing, 2004 (£)
Discussion question: What are the alternatives to auctions?
4. Adverse Selection
5. Prediction markets
Coles, Peter, Lakhani, Karim and McAfee, Andrew, “Prediction Markets at Google” Harvard Business School 9-607-088, August 20th 2007 (£)
6. Monetary policy*
Video: Economic Prediction, January 2018
Video: “An introduction to the Dynamic AD-AS model“, September 2014
Video: “The four-fold path to monetary credibility“, July 2016
Video: “Optimal Currency Areas“, March 2017
7. Fiscal policy*
8. International Economics
Instructions: Complete questions 1, 2 and 3
“Sun: A CEO’s Last Stand”, Business Week, July 26th 2004
10. Macro Policy Workshop
Sessions marked with an asterix (*) have a lecture handout available in advance, which can be downloaded.
Cases marked with a pound sign (£) are available through the Programme Office.