discussion 2

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Oligopoly & Game Theory

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In simple terms, game theory is all about strategic interactions and predicting outcomes. Put that together with an oligopolistic market and you have got economists excited and ready to run scenarios. Luckily, game theory has applications beyond oligopoly.

Module 3 Discussion Week 1 Resources

Game Theory (2022)
How Game Theory Strategy Improves Decision Making (2022)
What Is Game Theory? How Game Theory Applies to Business (2022)

Nash Equilibrium (2022)Politics & Economy

Most people do not consider how closely economics and politics are linked. News reports often discuss partisan politics and proposals about spending, taxing, and what projects to support. Many Americans do not put it all together or understand the underlying principles.

Module 4 Discussion Week 1 Resources

Political Economy (2022)
Labour market inequality: a comparative political economy perspective (2022)
Special Interest Politics (2022)
NBER: Political Economy (2022)
Inflation politics is clearer than inflation economics (2022)

Summary and Reflection Discussion

Identify one substantive topic in the course that you will use in your job in the future. Specify the topic, your job, and how you will use this knowledge to make better decisions.
Looking back at the analytical tools you used throughout the course, name one specific instance when you could use one of these tools to better understand your organization, the market, or the environment in which your employer operates.