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Wednesday, May 20, 2009

MBA - Managerial Economics 24

The last 15 minutes of a Q&A session of the MBA Course at Prince Sultan University. The last session in a series of 24 videos, all available on Google Video.


MBA - Managerial Economics 23

Game Theory. Product differentiation; Degree of competition in the industry; Barriers to entry; Degree of competitiveness; Excess/Shortage of capacity; ease and ability to expand capacity; Market Power and sources of market power; Pricing Power; Pricing Decision; Cost, profit margins, and overall profitability; oligopoly-like behavior - price leading and price following


MBA - Managerial Economics 22

Long run cost and production. Isoquant curves. Marginal rate of technical substitution. Isocost curves. Optimal combination of inputs. Cost optimization. Expansion path. Returns to scale; economies of scale; economies of scope


MBA - Managerial Economics 21

Short-run costs. Production Function, technical efficiency, economic efficiency, short run vs. long-run, fixed and variable costs, average and marginal costs, product costs.


MBA - Managerial Economics 20

Demand estimation and forecasting. Direct methods - consumer interviews, market studies, market experiments, field studies. demand function specification - linear and log-linear functional form. Time Series Forecasts. Seasonality and Dummy Variables. General Warnings.


MBA - Managerial Economics 19

Consumer theory, consumer behavior, utility, utility maximization, basic assumptions, consumer preferences, completeness, indifference curves, indifference maps, budget lines, optimal consumption bundle.


MBA - Managerial Economics 18

Hypothesis Testing, confidence, t-test, p-values, Type I error, Type II error.