UC Davis Working Professional (Bay Area) MBA course review
MGB 202A: Microeconomics with Victor Stango
Date evaluated: Winter 2009 at the Bay Area Working Professional San Ramon campus.
Official course description: Examines the decisions of consumers, business and government, and how these players interact. This course covers a variety of topics in economics, including supply and demand, efficiency, pricing and game theory. We will also cover the use and interpretation of economic data, and the rationale and effects of government policies affecting business. Fundamental concepts such as marginal analysis, opportunity cost, economies of scale and external effects are applied to current examples, in particular in the area of information technology.
The real course description: Supply and demand. Supply and demand in perfectly competitive markets. Elasticity. The invisible hand. Supply and demand for oligopolies and monopolies. Supply and demand and labour costs and fixed costs and taxes and governments and social costs and efficiencies and deadweight losses. Oh, plus some game theory.
The professor: Victor is an excellent and effective teacher. He thoroughly understands economics and conveyed the material in a way that was interesting and relevant. He lead wide-ranging discussions that touched on everything from bank failures to policy decisions.
The course: Homework, in-class assignments, and tests were well thought out and pretty easy if you did the homework. The textbook was great.
The grade: I got an A+. I give the instructor and the class an A+. Highly recommended.
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