The paper should consist of the following:(a) A discussion on your selected topics covering the main points.
(b) At least one news article related to each chosen topic, showing the application of the concept in the real world. You can easily find such news articles on google.
(c) Write in your own words what youve understood from the articles and how this relates to what you have learned in the Econ 140 class.
(d) Print the articles and staple along with your paper. The articles will not be included in the page count.Course Objectives: Managerial Economics is a course about making sound managerial
decisions. An effective manager must identify goals, understand incentives, understand markets,
use marginal analysis and understand the time value of money. Keeping these objectives of a
manager in mind, this course shows you how economics can help a manager effectively manage
the resources of a business. Youll learn how the economics-tools from intermediate
microeconomics, game theory, and industrial organization are used in making managerial
decisions, thus running an effective management.course topics:
1. The Basics of Managerial Economics (Ch. 1)
2. Managerial Decisions in Production and Costs (parts of Chs. 5 and 6)
3. Firm Organization and Market Structure (Ch. 7)
4. Pricing with Market Power, Part I (Ch. 10, until pg. 338)
5. Pricing with Market Power, Part II (Ch. 10, pg. 338 352)
6. Oligopoly Models (Ch. 11)
7. Linear Programming (Class Notes)
8. Game Theory and Business Strategy (Ch. 12)
9. Strategies Over Time
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