Managerial Economics

  1. Capital Budgeting and Investment Decisions
    1. The Capital Budgeting Process
      1. Strategic Planning Integration
        1. Identifying Investment Opportunities
          1. Project Screening
            1. Project Evaluation and Selection
              1. Implementation and Monitoring
                1. Post-Audit Review
                2. Cash Flow Analysis
                  1. Relevant Cash Flows
                    1. Incremental Cash Flows
                      1. Timing of Cash Flows
                        1. Tax Considerations
                          1. Working Capital Requirements
                            1. Terminal Value
                            2. Investment Appraisal Criteria
                              1. Net Present Value
                                1. Calculation and Interpretation
                                  1. NPV Decision Rule
                                    1. Advantages and Limitations
                                    2. Internal Rate of Return
                                      1. Calculation Methods
                                        1. IRR Decision Rule
                                          1. Multiple IRRs Problem
                                            1. Modified IRR
                                            2. Payback Period
                                              1. Simple Payback
                                                1. Discounted Payback
                                                  1. Advantages and Limitations
                                                  2. Profitability Index
                                                    1. Calculation and Interpretation
                                                      1. Ranking Projects
                                                      2. Accounting Rate of Return
                                                        1. Calculation Methods
                                                          1. Limitations
                                                        2. Comparing Investment Projects
                                                          1. Mutually Exclusive Projects
                                                            1. NPV vs. IRR Conflict
                                                              1. Scale Differences
                                                                1. Timing Differences
                                                                2. Independent Projects
                                                                  1. Project Ranking
                                                                    1. Replacement Decisions
                                                                    2. Risk Analysis in Capital Budgeting
                                                                      1. Risk-Adjusted Discount Rates
                                                                        1. Certainty Equivalent Method
                                                                          1. Sensitivity Analysis
                                                                            1. Scenario Analysis
                                                                              1. Decision Trees in Capital Budgeting
                                                                                1. Real Options
                                                                                  1. Option to Expand
                                                                                    1. Option to Abandon
                                                                                      1. Option to Delay
                                                                                    2. Capital Rationing
                                                                                      1. Hard vs. Soft Rationing
                                                                                        1. Single-Period Rationing
                                                                                          1. Multi-Period Rationing
                                                                                            1. Linear Programming Applications
                                                                                            2. Special Topics
                                                                                              1. Lease vs. Buy Decisions
                                                                                                1. International Capital Budgeting
                                                                                                  1. Inflation and Capital Budgeting
                                                                                                    1. Social Cost-Benefit Analysis

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                                                                                                  11. Risk, Uncertainty, and Decision-Making

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                                                                                                  13. Government Regulation and Business