Xianya Zhou

Current Courses

• BEPP2500 - Managerial Economics

  This course will introduce you to "managerial economics" which is the application of microeconomic theory to managerial decision-making. Microeconomic theory is a remarkably useful body of ideas for understanding and analyzing the behavior of individuals and firms in a variety of economic settings. The goal of the course is for you to understand this body of theory well enough so that you can effectively analyze managerial (and other) problems in an economic framework. While this is a "tools" course, we will cover many real-world applications, particularly business applications, so that you can witness the usefulness of these tools and acquire the skills to use them yourself. We will depart from the usual microeconomic theory course by giving more emphasis to prescription: What should a manager do in order to achieve some objective? That course deliverable is to compare with description: Why do firms and consumers act the way they do? The latter will still be quite prominent in this course because only by understanding how other firms and customers behave can a manager determine what is beswt for him or her to do. Strategic interaction is explored both in product markets and auctions. Finally, the challenges created by asymmetric information - both in the market and within the firm - are investigated.

  BEPP2500204 ( Syllabus )

  BEPP2500205 ( Syllabus )

  BEPP2500206 ( Syllabus )

Past Courses

• BEPP2500 - Managerial Economics

  This course will introduce you to "managerial economics" which is the application of microeconomic theory to managerial decision-making. Microeconomic theory is a remarkably useful body of ideas for understanding and analyzing the behavior of individuals and firms in a variety of economic settings. The goal of the course is for you to understand this body of theory well enough so that you can effectively analyze managerial (and other) problems in an economic framework. While this is a "tools" course, we will cover many real-world applications, particularly business applications, so that you can witness the usefulness of these tools and acquire the skills to use them yourself. We will depart from the usual microeconomic theory course by giving more emphasis to prescription: What should a manager do in order to achieve some objective? That course deliverable is to compare with description: Why do firms and consumers act the way they do? The latter will still be quite prominent in this course because only by understanding how other firms and customers behave can a manager determine what is beswt for him or her to do. Strategic interaction is explored both in product markets and auctions. Finally, the challenges created by asymmetric information - both in the market and within the firm - are investigated.

Knowledge @ Wharton

• Jeremy Siegel: How Tariffs Could Impact the U.S. Economy, Knowledge @ Wharton - 02/10/2025
• Embracing AI: Are You a Doomer, Gloomer, Zoomer, or Bloomer?, Knowledge @ Wharton - 02/04/2025
• Can Pride Make You Look Incompetent at Work?, Knowledge @ Wharton - 02/04/2025
• Transformative Tech: Innovating for the Underserved | Valentina Assenova, Knowledge @ Wharton - 02/04/2025
• As People Still Recover From the LA Wildfires, What Can Business Leaders Do to Help?, Knowledge @ Wharton - 02/04/2025
• The Economic Impact of Trump’s Tariffs, Knowledge @ Wharton - 02/03/2025
• Building a Brand: The Entrepreneurial Lessons Learned on the Road to Cirkul’s Success, Knowledge @ Wharton - 01/30/2025
• How AI Exclusion Impacts Humankind, Knowledge @ Wharton - 01/28/2025
• What the California Wildfires Mean for Insurers and Homeowners, Knowledge @ Wharton - 01/28/2025
• Small Shifts, Big Impact: Elevate Your Leadership, Knowledge @ Wharton - 01/28/2025