Choose any topic discussed in the managerial economics class and write a 5 page essay with the following specifications.
The paper should consist of the following:
(a) A discussion on your selected topic covering the main points.
(b) At least one news article related to the chosen topic, showing the application of the concept in the real world. You can easily find such news articles on the web.
(c) Write in your own words what you have understood from the article(s) and how this relates
to what you have learned in the Econ class.
Outline
Introduction
The Basics of Managerial Economics
Managerial Decisions in Production and Costs
Firm Organization and Market Structure
Pricing with Market Power, Part I
Pricing with Market Power, Part II
Oligopoly Models
Linear Programming
Managerial Decisions Using Game Theory