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MANAGERIALECONOMICS
LECTURE1
Rudolf Winter-Ebmer
Winter 2021
Objectives of this course
Howtomakegood(managerial)decisions
Howtouseformalmodelstoanalyzetheeffects of (managerial) decisions
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Preliminaries
Slides available on my website hyperlinks in orange.
Discussion forum: I will occasionally post “interesting stuff”
Youshouldreadtext before class
Mypersonaloffice hours: K150D, come by alone or with a friend anytime (If I
amnothereorsuperbusy, I will arrange a meeting) or write an email
rudolf.winterebmer@jku.at
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Consider this experiment
Notes: Figure 1 in Carter, Susan Payne, Kyle Greenberg, Michael S. Walker, 2017, Economics of Education Review, 56, p121.
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