Managerial economics project
The Group Course Project will consist of an estimation and in-depth analysis of a demand function (or any other chosen function/topic) for one company or industry or one (or more) countries selected by the group. The team consisting of 4-5 students is expected to:
a. Either use readily made available data given in the folder titled “Ready to Use Data….” Under the BB tab “Term Project Resources” for a company, product/industry or a country (use this data and conduct regression analysis are the standard minimum expectation for grading given the time constraints). Alternatively collect relevant data and information for the firm (or industry or country) from primary sources (such as survey data or company annual reports or other publicly available secondary sources. (In the second case, see Extra-credit incentive structure in item#12 below).
b. Use regression analysis and other quantitative techniques, and economic tools to estimate a demand function (or a different function or topic) for the selected firm or industry or a country.
c. At the minimum, use the regression analysis, report and interpret the regression results, and make an assessment of estimated results related to the chosen topic, reach conclusions, and make recommendations for the chosen firm (or industry or country as the case may be) to improve the financial and economic performance and future direction of the firm (or industry or country).
d. The final report will have the following basic format:
