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Economics
Specialized Areas and Emerging Topics
Managerial Economics
1. Introduction to Managerial Economics
2. Fundamental Economic Concepts
3. Demand Analysis and Theory
4. Demand Elasticity
5. Demand Estimation and Forecasting
6. Production Theory and Analysis
7. Cost Theory and Analysis
8. Market Structure and Competitive Analysis
9. Pricing Strategies and Tactics
10. Game Theory and Strategic Behavior
11. Risk, Uncertainty, and Decision-Making
12. Capital Budgeting and Investment Decisions
13. Government Regulation and Business
Game Theory and Strategic Behavior
Introduction to Game Theory
Historical Development
Importance in Managerial Economics
Applications in Business Strategy
Elements of a Game
Players
Strategies
Payoffs
Information Structure
Rules of the Game
Types of Games
Simultaneous vs. Sequential Games
One-Shot vs. Repeated Games
Cooperative vs. Non-Cooperative Games
Zero-Sum vs. Non-Zero-Sum Games
Complete vs. Incomplete Information
Representing Games
Payoff Matrix
Game Tree
Strategic Form vs. Extensive Form
Solution Concepts
Dominant Strategy
Strictly Dominant
Weakly Dominant
Nash Equilibrium
Pure Strategy Nash Equilibrium
Mixed Strategy Nash Equilibrium
Subgame Perfect Equilibrium
Backward Induction
Classic Game Theory Models
Prisoners' Dilemma
Structure and Implications
Real-World Applications
Battle of the Sexes
Coordination Games
Chicken Game
Stag Hunt
Strategic Moves
Commitments
Threats
Promises
Entry Deterrence
Credibility of Strategic Moves
Repeated Games
Finite vs. Infinite Repetition
Trigger Strategies
Folk Theorems
Reputation Effects
Applications in Business
Pricing Games
Advertising Competition
Product Launch Timing
Capacity Investment
Auction Theory
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