Guidelines For The Group Project

Guidelines for the Group Project
1. Managerial Economics Project: due by 5:00 pm on September 19, 2021 (in PDF format)
Each group should designate a group representative who should submit the project proposal
to the faculty latest by 5:00 pm on August 10, 2021. The project proposal shall include the
main issue/question that you will base the paper on and the data sources, variables that you
will use to estimate the relationship of interest. It can be in the form of a presentation
consisting of two slides. It would be a good approach to check the topic with me that you
want to finalize before submitting the proposal to avoid overlap of the topic with any other
group. I will assign the project topics on a first come first serve basis.
The final project is due by 5:00 pm on September 19, 2021. Late submissions will not be
accepted. All papers must have the following:
i) A title page that contains

a) title of the paper,
b) instructor name,
c) course name and term,
d) group number and names of the members,
e) page numbers, and
f) date of submission.
ii) Sources of all data/information used and provide a complete list of references. If
you refer to any other material (research paper, newspaper article, website, blog, etc.)
in writing your project reports, this must be explicitly acknowledged. References must
include the date, issue, publisher, specific pages you are citing.
iii) Each group must write an 800 words write-up (12 pt., 1.5 spacing, standard
margins). This excludes introduction, industry description, non-text elements such as
tables, graphs, etc., references, and appendices that can be used to provide
supporting material if elaborate analysis or models to back your recommendations
are required.
2. Presentations
In the last two sessions, a representative of each group will present the main findings of their
analysis and the recommendations. You will prepare an 8 minutes presentation. Please note
that all groups must submit a soft copy of their presentation slides to the faculty before the
day of the presentation (i.e. a day before session 19) by 5:00 pm. On the day of the
presentation, the presenting groups will be called out randomly for the talk.
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3. The project evaluation components:
Component Date Weightage
Group Project Project proposal (1%): August 10, 2021 20%

Presentations (9%): Sessions 19 & 20
Project submission (10%): September 19, 2021
4. Group Regression Project
• Students will work in groups to complete a regression project. The project is to

develop and test a regression model using actual real-world data covering a topic from
the course outline that is of interest to the group. For instance, using the estimation
techniques learned in class, the group can estimate the demand function for a firm’s
product or cost function of firm.
• The regression analysis can also be on analyzing a competition policy issue but you
need to be clear with the data sources before deciding on a specific issue. Some
suggestions for policy issues are presented below:
“Market power and market structure”

“Price discrimination in a market”
“E-commerce platforms and its effect on competition”
“Competition Issues in the Healthcare and Pharmaceutical Sector”
A particular question in these broad issues will generally require understanding the impact of
some independent variable X on a dependent variable Y. But since there are many variables
X that influence the variable Y, it is important to include all those variables on the right-hand
side of the equation. To ensure that the model is both interesting and manageable, it should
contain at least three to four independent variables on the right-hand side.
Please remember that the above-mentioned issues are merely examples of reasonable topics.
You should be original and follow your own interests. Perhaps the best choice of a topic is one
in which you have prior experience or knowledge. In case you want to search for a new issue,
the first step can be to refer to news sources and organization reports to read about the latest
issues. Here are a few suggestions.
News sources
http://www.chillingcompetition.com/
http://www.globalcompetitionreview.com/
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Organizations
http://www.cuts-international.org/
http://www.internationalcompetitionnetwork.org/
http://www.antitrustinstitute.org/index.cfm
https://www.oecd.org/competition/
• The details of the regression model can be relegated to the Appendix, while you can
use the inferences of the estimation for your main article.
• Data form an essential ingredient in any regression analysis, and obtaining an

adequate and relevant set of data is an important and often critical part of the project.
Data must be available for all the variables in the model. You can use data sources
available on the IIM Bangalore Library portal like CMIE Commodities, CMIE Consumer
Pyramids, Marketline, Nielsen Datasets, ACE Analyser, CMIE Industry Outlook, EMIS,
ProwessIQ, Prowessdx. Some other resources are CEIC, ACE equity, Bloomberg, CRISIL
Research, Statista, Annual Survey of Industries, Ministry of Commerce & Industry
Annual Reports. There are industry-specific data sources as well. In addition, some
good data sources for development issues are MOSPI, SHRUGS data set, NSSO.
Moreover, you can get data on govt. policy programs from departmental websites/
portals like the MNREGA portal.
• Each write-up may include some but not necessarily all topics listed below.
The definition of the relevant industry that the firm competes in. Comment on the
market structure of the industry. The market share of the firm and the market
conditions of this industry.
5. Grading Criteria
The objective of the project is to study a real-world business situation and use managerial
economic concepts to draw insights that are relevant for decision-making. Your analysis
should draw an important managerial/policy conclusion and clearly explain how you get
there. Both the analysis and the conclusion are the main highlights of your paper. Accordingly,
I will use the following grading criteria:
Clarity: How clear is the main point of the paper? How you intend to answer it?
Understanding: How clear is the use of economic concepts while arguing out the main point
of the paper?
Evidence: Are a variety of sources used? Journal articles, contemporary scholarly books,
newspaper articles, primary texts, data sources, regression analysis?
Quality of writing: Are transitions from idea to idea smooth and easy to follow? Spelling and
grammar? Does the paper have a logical structure?

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i) A title page that contains

Component Date Weightage

Group Project Project proposal (1%): August 10, 2021 20%

4. Group Regression Project

• Students will work in groups to complete a regression project. The project is to

“Market power and market structure”

• Data form an essential ingredient in any regression analysis, and obtaining an

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