ECO 550 Week 11 Discussion Board
We have really covered a lot of subjects. We would love to hear what your take away is:
- for those things you think you will use the most;
- what you found most interesting; and
- what you never knew before.
Looking back here is the list.
https://hwacer.com/Tutorial/eco-550-week-11-discussion-board/
- Use the rational-actor paradigm, identify problems, and then fix them.
- Use marginal analysis to make extent (how much) decisions.
- Make profitable investment and shut-down decisions.
- Set optimal prices and price discriminate.
- Predict industry-level changes using demand and supply analysis.
- Understand the long-run forces that erode profitability.
- Develop long-run strategies to increase firm value.
- Predict how your own actions will influence other people's actions.
- Bargain effectively.
- Make decisions in uncertain environments.
- Solve the problems caused by moral hazard and adverse selection.
- Motivate employees to work in the firm's best interests.
- Motivate divisions to work in the best interests of the parent company.
- Manage vertical relationships with upstream suppliers or downstream customers.
We have really covered a lot of subjects. We would love to hear what your take away is:
- for those things you think you will use the most;
- what you found most interesting; and
- what you never knew before.
Looking back here is the list.
- Use the rational-actor paradigm, identify problems, and then fix them.
- Use marginal analysis to make extent (how much) decisions.
- Make profitable investment and shut-down decisions.
- Set optimal prices and price discriminate.
- Predict industry-level changes using demand and supply analysis.
- Understand the long-run forces that erode profitability.
- Develop long-run strategies to increase firm value.
- Predict how your own actions will influence other people's actions.
- Bargain effectively.
- Make decisions in uncertain environments.
- Solve the problems caused by moral hazard and adverse selection.
- Motivate employees to work in the firm's best interests.
- Motivate divisions to work in the best interests of the parent company.
- Manage vertical relationships with upstream suppliers or downstream customers.