MBA 674 Quantitative Analysis forManagement Decisions
SPP 2013 MB
Soule, Peter E.
Professor of Economics
Mackay Room 27A
Wednesday 12:00-6:00 pm
16 Jan-May 10, 2013
6:00 - 8:30 PM
EC141, EC142, and EC315
Thomas and Maurice, Managerial Economics, 10th ed. McGraw-Hill 2011 ISBN 978-0-07-337591-5. Textbooks can be purchased through the Parkville Bookstore
Soule, Pete Guide to Quantitative Research Methods 2012
(Purchase in Parkville Copyshop [NOT Bookstore] $6.00 cash or check)
Textbooks can be purchased through the Parkville Bookstore
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: The purpose of this course is to educate, which requires two things to happen. The teacher must teach or facilitate learning and the student must learn the required materials. This requires feed back to the instructor on how the student is learning. This feedback occurs in written work and classroom discussion. It is preferred that students ask questions during class as they arise. Often, a student will approach the instructor after class with a question that brings up a very important point that should have been addressed during class but the class is out the door. This is especially true with perceived calculation errors on the part of the instructor, which were placed on the black (or white) board and are therefore in everyone’s notes. If there was an error, it will be corrected. If not, there was confusion not only on the part of the student asking the question, but also others in the class, who saw the same apparent error but didn’t ask about it. Obviously, this calls for additional clarification on the part of the instructor. No student will be belittled for asking a question or making a comment.
Learning Outcomes: Core Learning Outcomes
HOMEWORK is graded liberally and solution copies are provided to students. The primary purpose of homework is to give feedback to the students and the instructor as to what learning has taken place. Successful mastery of homework is necessary preparation for the test(s). Any questions on the homework problems need to be resolved prior to the subsequent test.
TEST INFORMATION: Tests will primarily involve problem solving but may also have multiple choice and/or short answer sections. The problems will be similar to those presented in class and provided in the homework assignments. All tests will be closed book and closed-notes. Statistical tables which are handed out in class will be attached to tests as necessary. Test 2 will focus on material presented after the previous Test. The final exam will be comprehensive.
TERM PROJECT. The class will be divided into two person groups that will work together outside of class on their term project. There are three aspects to this project: Topic and Feasibility Paper, Proposal Paper, and Report. The requirements for these papers are discussed in the Guide.
ORAL REPORT is a group project that will result in a grade to each student in the group. Grading will include the group’s compliance with the following. Appropriate attire for all group members is a tie and jacket for males and equivalent attire for females. Details are in a Guide chapter.
GRADING OF GROUP PROJECTS. The individual student’s grade will generally be the group grade unless there is evidence that a student is not sharing in the group effort, the student is absent, or in the case of oral presentations, is not paying attention to other student presentations.
Evaluation Item Points
Homework and Case Studies 150
Project Topic and Feasibility Paper 100
Test 1 150
Term Project Proposal 50
Test 2 150
Term Project Written Report 50
Term Project Presentation 50
Final Exam 300
Late Submission of Course Materials:
Completed homework is collected at the beginning of the class on the day it is due. After that time, up to the point at which the solution is distributed, the maximum homework grade will be 50%. Typically, the homework solution is distributed when homework is returned. After this point LATE HOMEWORK CAN EARN NOT MORE THAN 20% CREDIT.
TESTS: A student, who misses an exam, is allowed to make it up if their absence was excused before the test or is a genuine emergency. Makeup tests will substitute essay questions for the short answer and multiple-choice portion of the original exam. The makeup test will have a different problem section and will include subjects covered since the exam that was missed.
Classroom Rules of Conduct:
CELL PHONES and PAGERS. Turn off cell phones and pagers before class. Anyone, who has a vital need for such devices during class, must discuss this with instructor before class. In this situation, if device has a vibrate mode, it must be used. The student must leave the room to take any message. Cell phone and Pagers will be put away for all in-class tests. Anyone with an emergency will sit in the front of the class and place their electronic device on the instructor's desk.
E-MAIL TO INSTRUCTOR: Always use the following subject line: MBA674, First-Name, Last-Name, and (short) subject. If you leave a message by voice mail or any other means be sure to include this information.
Course Topic/Dates/Assignments: Tests are fixed per the schedule below. Class material will be presented in the order shown below but will deviate from the schedule as necessary.
Date Topic(s) Text Chapter
Jan 16 Regression Intro Guide 1(1-8), 8, 13
Jan 23 Excel Regression Guide 10, 11, 12
Jan 30 Managers, Profit, and Markets 1
Feb 8 Demand, Supply, and Equilibrium 2
Feb 13-20 Elasticity 6
(Feb 20 Project Topic and Feasibility Paper Due) Guide 13
Feb 27 TEST 1
Mar 6 Marginal Analysis 3
Mar 20 Consumer Behavior Theory 5
Mar 27 Production and Costs in Short Run 8
(Term Project Proposal Due) Guide 14
Apr 3 Managerial Decisions in Competitive Markets 11
Apr 10 TEST 2 (Last 1 hour and 15 minutes of period)
Apr 17 Managerial Decisions in Non-Competitive Markets 12
Production and Cost in Long-Run 9
Apr 24 Production and Cost Estimation 10
(Term Project Report Due) Guide 15
May 1 Term Project Oral Presentations Guide 16
May 8 FINAL TEST All Previous References
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Plagiarism is the appropriation of another person's ideas, interpretation, words (even a few), data, statements, illustration or creative work and their presentation as one's own. An offense against plagiarism constitutes a serious academic misconduct. Although offenses against academic integrity can manifest themselves in various ways, the most common forms of offenses are plagiarism and cheating. Plagiarism goes beyond the copying of an entire article. It may include, but is not limited to: copying a section of an article or a chapter from a book, reproduction of an art work, illustration, cartoon, photograph and the like and passing them off as one's own. Copying from the Internet is no less serious an offense than copying from a book or printed article, even when the material is not copyrighted.
Plagiarism also includes borrowing ideas and phrases from, or paraphrasing, someone else's work, published or unpublished, without acknowledging and documenting the source. Acknowledging and documenting the source of an idea or phrase, at the point where it is utilized, is necessary even when the idea or phrase is taken from a speech or conversation with another person.
Park University 2011-2012 Graduate Catalog Page 21
Students must participate in an academically related activity on a weekly basis in order to be marked present in an online class. Examples of academically-related activities include but are not limited to: contributing to an online discussion, completing a quiz or exam, completing an assignment, initiating contact with a faculty member to ask a course related question, or using any of the learning management system tools. Park University 2012-2013 Graduate Catalog Page 26
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Last Updated:12/12/2012 9:23:48 AM