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Supplemental reading

Business Week, Fortune, Forbes, the Wall Street Journal, and the Economist.

Supplemental materials

Porter HBS (Harvard Business School, 1983) Note on the Structure of Industry Analysis of Industries. Harvard Business School, Series 9-376-054

Week 1: Supply and Demand

New York Times (NYT) “U.S. Makers Facing Glut of S.U.V.’s as Gas Rises” By JEREMY W. PETERS Published: May 3, 2006

NYT “As Gas Prices Fall, Thirsty S.U.V’s Regain Their Allure” By Hubert B.

Herring. Published: Sunday, December 11, 2005.

Wall Street Journal (WSJ) “Gas Prices Spur Drivers to Cut Use to Five-Year

Low” By Ana Campoy. Published: July 10, 2008.

NYT “End Gridlock on the Runway” By Mary e. Peters. Published: July 22, 2008

Week 2: DEMAND ELASTICITY

WSJ "By End of This Year, Poultry Will Surpass Beef in the U.S. Diet"

September 17,1987.

WSJ “Poultry in Motion: Chicken Catching Goes High-Tech”

June 4, 2003.

NYT “To Reduce the Cost of Teenage Temptation; Why Not Just Raise the

Price of Sin” July 25, 2005.

NYT “Go Ahead and Drive Less, if you Can” September 25, 2005.

NYT “Gas prices Send Surge of Riders to Mass Transit” May 10, 2008.

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Week 3: PERFECTLY COMPETITIVE MARKETS

NYT “The Opportunity Cost of Economics Education” September 1, 2005.

NYT “A Hidden Cost of Health Care: Patient Time”February 9, 2005.

WSJ “Examines Potential Effects Of Medicare Competitive Bidding Program For

Durable Medical Equipment”. March 20, 2009.

Week 4: MONOPOLISTIC COMPETITION, MONOPOLY AND OLIGOPOLY

NYT “A Cancer Drug’s Big Price Rise Disturbs Doctors and Patients” May 12, 2006.

WSJ “A Health-Tech Monopoly” February 11, 2009.

NYT“Students Find $100 Textbooks Cost $50, Purchased Overseas” October 21, 2003.

NYT “Flat Screens at Rock-Bottom Prices”February 14, 2005.

NYT “3 Flat-Screen Makers Plead Guilty to Trying to Keep Prices High” November 12, 2008.

NYT “Glass Makers Are Fined $1.7 Billion in Europe’s War on Price Fixing”

November 13, 2008.

WSJ "Making Game Theory Work in Practice"February 13,1995.

NYT Economic Scene: “You’ve seen the movie. Now just exactly what was it that John

Nash had on his beautiful mind?”April 11, 2002.

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