Project Theme: Analyze Tesla's business environment concerning supply and demand.
Focus Areas:
Understand the drop-off in demand, particularly in the German market, and its implications for Tesla's labor demand.
Assess if Tesla needs to double down or reduce labor demand based on market conditions.
Due Date: April 14 by 12 PM
Each team must pick three themes studied in class to analyze.
Team Collaboration:
Only one person needs to submit the project for the entire team.
Upload submission to the assignments tab on Canvas.
Written Analysis:
Length: Four pages
Structure:
Introduction of the firm (Tesla)
Analysis of three selected themes with subheaders
Short conclusion
Content:
Full sentences with explanations, graphs, and analysis
Include a principal-agent problem, if applicable.
Slide Submission:
Maximum of 14 slides
Suggested breakdown:
2 slides on firm background
1 slide for each theme
Content should address the significance of each theme and relevant course economics.
Incorporate written descriptions, bullet points, and graphs for clarity.
Use of Literature:
Reference at least one economics paper from class or find a relevant external paper.
Team Presentations: Each team will present their findings over the last three classes.
Presentation Duration: 10 minutes, followed by Q&A (5 minutes)
Peer Assessment:
Team members will evaluate each other’s contributions to ensure accountability.
Updates to Course Material:
Adjustments to the syllabus regarding externalities and tournament theory have been made.
Future Classes:
Students will have opportunities to meet during class for collaboration.
Nash Equilibrium:
Explained through the prisoner's dilemma framework, particularly in determining cooperative versus non-cooperative behavior in group projects.
Incentives in Teams:
Importance of structuring incentives to avoid free-rider issues, ensuring all team members contribute equally.
Discuss how repeated interactions can foster cooperation among team members.
Personal Relationships in the Workplace:
Consider the implications of dating coworkers and the prevalence of workplace relationships among different demographics.