Managerial Economics: Theory Focus

Introduction and Background Mathematics (Chapter 1; Appendix A)

Sustainability (Chapter 2, especially Sec. 2.1)

Macroeconomic Environment (Chapter 3)

Microeconomic Theory: Basics (Chapter 4)

Project Evaluation (Chapter 5)

Market Structures and Market Distortions (Chapter 6)

Insights from the New Institutional Economics (Chapter 7)

  • Transaction costs (Sec. 7.1)
  • Adverse selection (Sec. 7.2)
  • Moral hazard (Sec. 7.3)
  • Principal-agent (PA) theory (Sec. 7.4)

TOPICS

Efficiency and Equity in Land-use Planning (Chapter 8)

Economics of Climate Change (Chapter 9)

Energy Economics and Policy (Chapter 10)

Risk and Uncertainty (Chapter 11)