Managerial Economics

  1. Government Regulation and Business
    1. The Role of Government in the Economy
      1. Market System Foundations
        1. Government Functions
          1. Promoting Competition
            1. Protecting Consumers
              1. Ensuring Economic Stability
                1. Providing Public Goods
                  1. Redistributing Income
                2. Market Failures
                  1. Externalities
                    1. Positive Externalities
                      1. Education
                        1. Research and Development
                          1. Network Effects
                          2. Negative Externalities
                            1. Pollution
                              1. Congestion
                                1. Noise
                                2. Coase Theorem
                                  1. Pigouvian Taxes and Subsidies
                                  2. Public Goods
                                    1. Characteristics of Public Goods
                                      1. Non-Rivalry
                                        1. Non-Excludability
                                        2. Free Rider Problem
                                          1. Provision of Public Goods
                                          2. Natural Monopolies
                                            1. Characteristics
                                              1. Regulation Approaches
                                              2. Information Asymmetries
                                                1. Adverse Selection
                                                  1. Insurance Markets
                                                    1. Credit Markets
                                                    2. Moral Hazard
                                                      1. Principal-Agent Problems
                                                        1. Insurance Applications
                                                        2. Signaling and Screening
                                                      2. Government Intervention Tools
                                                        1. Antitrust Laws and Policy
                                                          1. Sherman Act
                                                            1. Clayton Act
                                                              1. Federal Trade Commission Act
                                                                1. Merger Guidelines
                                                                  1. Enforcement Mechanisms
                                                                  2. Price Regulation
                                                                    1. Price Ceilings
                                                                      1. Rent Control
                                                                        1. Price Controls
                                                                        2. Price Floors
                                                                          1. Minimum Wage
                                                                            1. Agricultural Price Supports
                                                                            2. Effects on Market Efficiency
                                                                            3. Quantity Regulations
                                                                              1. Quotas
                                                                                1. Licensing Requirements
                                                                                  1. Standards and Specifications
                                                                                  2. Taxes and Subsidies
                                                                                    1. Excise Taxes
                                                                                      1. Tax Incidence
                                                                                        1. Deadweight Loss
                                                                                          1. Subsidies and Market Effects
                                                                                        2. Regulatory Economics
                                                                                          1. Theory of Regulation
                                                                                            1. Public Interest Theory
                                                                                              1. Capture Theory
                                                                                                1. Economic Theory of Regulation
                                                                                                2. Regulatory Agencies
                                                                                                  1. Structure and Functions
                                                                                                    1. Regulatory Process
                                                                                                    2. Cost-Benefit Analysis
                                                                                                      1. Principles and Methods
                                                                                                        1. Regulatory Impact Analysis
                                                                                                        2. Deregulation
                                                                                                          1. Rationale for Deregulation
                                                                                                            1. Effects of Deregulation
                                                                                                              1. Case Studies
                                                                                                            2. Environmental Economics
                                                                                                              1. Environmental Externalities
                                                                                                                1. Command and Control Regulation
                                                                                                                  1. Market-Based Instruments
                                                                                                                    1. Emissions Trading
                                                                                                                      1. Carbon Taxes
                                                                                                                        1. Green Certificates
                                                                                                                        2. Sustainable Development
                                                                                                                          1. Corporate Environmental Responsibility
                                                                                                                          2. International Trade and Regulation
                                                                                                                            1. Trade Policy Instruments
                                                                                                                              1. Tariffs
                                                                                                                                1. Quotas
                                                                                                                                  1. Non-Tariff Barriers
                                                                                                                                  2. World Trade Organization
                                                                                                                                    1. Regional Trade Agreements
                                                                                                                                      1. Multinational Enterprise Regulation