Popularized by movies such as "A Beautiful Mind", game theory is the mathematical modeling of strategic interaction among rational (and irrational) agents. Over four weeks of lectures, this advanced course considers how to design interactions between agents in order to achieve good social outcomes. Three main topics are covered: social choice theory (i.e., collective decision making and voting systems), mechanism design, and auctions. In the first week we consider the problem of aggregating different agents' preferences, discussing voting rules and the challenges faced in collective decision making. We present some of the most important theoretical results in the area: notably, Arrow's Theorem, which proves that there is no "perfect" voting system, and also the Gibbard-Satterthwaite and Muller-Satterthwaite Theorems. We move on to consider the problem of making collective decisions when agents are self interested and can strategically misreport their preferences. We explain "mechanism design" -- a broad framework for designing interactions between self-interested agents -- and give some key theoretical results. Our third week focuses on the problem of designing mechanisms to maximize aggregate happiness across agents, and presents the powerful family of Vickrey-Clarke-Groves mechanisms. The course wraps up with a fourth week that considers the problem of allocating scarce resources among self-interested agents, and that provides an introduction to auction theory. You can find a full syllabus and description of the course here: http://web.stanford.edu/~jacksonm/GTOC-II-Syllabus.html There is also a predecessor course to this one, for those who want to learn or remind themselves of the basic concepts of game theory: https://www.coursera.org/learn/game-theory-1 An intro video can be found here: http://web.stanford.edu/~jacksonm/Game-Theory-2-Intro.mp4

Математические методы и модели в экономике — один самых востребованных и эффективных инструментов решения задач микро- и макроэкономики. Курс «Математические методы и модели в экономике» является базовым для обучения в магистратуре по направлению подготовки 38.04.05 «Бизнес-информатика в высокотехнологичных отраслях экономики» как основа формирования профессиональных компетенций. Этот курс посвящен изучению основных математических методов математического моделирования и моделей в экономике: моделированию экономических зависимостей, задач оптимизации, распределению ресурсов, в том числе в условиях неопределенности и риска и теории игр. Целями курса является ознакомление студентов с передовыми математическими методами, схемами, подходами к разработке и использованию математических методов и моделей, в том числе в условиях неопределенности, и последующий контроль приобретаемых ими компетенций. В курсе использованы инновационные подходы: интеграция бизнес-кейсов, элементов деловых игр и контрольных вопросов, проведения зачета в электронном формате с индивидуальной идентификацией студентов (логин, пароль) с возможностью пересдачи.

Focusing on the variables that matter and the impacts they have towards the infrastructure and foundation of what they represent is the key towards understanding why things are the way they are. My experiences in Wallstreet trading stocks and options have given me a wider perspective that change the way I perceive the world around me and the mystery behind its nature. I desire to share the insights I have gained throughout my years of Wallstreet to better prepare and help others who seek the understandings behind Wealth, Finance, and Psychological Implications within these infrastructures of knowledge. You'll learn: Supply and Demand in Correlation to Value and its Origin The Perception and Outlook towards Money The Purpose of Business and Companies Basic Overview of Options Overview of Stocks, Dividends, Leverage, and Margin Trading What is Fallacy and how to overcome it What is Risk vs. Reward and the Implications it is built upon

Sound economic thinking is crucial for farmers because they depend on good economic decision making to survive. Governments depend on economic information to make good policy decisions on behalf of the community. This course will help you to contribute to better decision making by farmers, or by agencies servicing agriculture, and it will help you to understand why farmers respond to policies and economic opportunities in the ways they do. You can use this course to improve your skills and knowledge and to assess whether this is a subject that you'd like to study further. The course includes high-quality video lectures, interviews with experts, demonstrations of how to build economic models in spreadsheets, practice quizzes, and a range of recommended readings and optional readings. Assessment is by quizzes and a final exam. The key economic principles that we’ll learn about can help us understand changes that have occurred in agriculture, and support improved decision making about things like agricultural production methods, agricultural input levels, resource conservation, and the balance between agricultural production and its environmental impacts. There are literally thousands of agricultural economists around the world who work on these issues, so there is a wealth of knowledge to draw on for the course. Watch a brief video about our course here: https://youtu.be/Y8OGswUXx48

LEARN TO DECIDE- LEARN MICROECONOMICS Have we ever thought that whatever we have been using, consuming and seeing around is one way or the other related to Economics ? How are prices determined in a market ? Infact how does the market works ? How do we decide what must we purchase and what not ? How does producers and consumers interact to determine the price and quantity in a market ? How and why does the Govt interferes and uses certain policies ? Even if you are unaware of what the whole subject is about , you will still learn how Microeconomics effects our "CHOICES AND DECISION MAKING". Since Economics has been influencing our lives in every way. This course of microeconomics provides complete details about the economic system in general and individual economic entities in particular so as to have the ability of better decision making. It enable you to think about the logical facts associated with the economic system . Why do we want a state of equilibrium in a market ? Why do prices change and what are the factors that change them ? What are we concerned with the responses being made after a price change ? And what decisions shall we have to apply for , in such circumstances , yes! This is were we need to learn what Microeconomics is about !!!! The instructors assures that even a student who has not ever taken a course of economics is able to understand the course very easily. And for all the students enrolled in the course of Business, management or Economics can go through it in no time. The course includes an indepth analysis of one of the very most important topics that are : Supply Demand Market Mechanism and equilibrium Changes and adjustment in equilibrium Elasticity and responsiveness to price change . Short-run vs long-run elasticities Consumer choice and much more to come ..... Additionally, the course design includes 4 Quizzes with each topic as well as solved problems . Other Problem sets can also be shared with the students upon request. Furthermore, the course also comprises of explanation of graphical and mathematical analysis with the use of pen tablet. The format of the course is as follows: Defining/explaning the concept Graphical analysis of the concept Mathematical Analysis Relating the concept with real world example Solved Problem with reference to microeconomics various books suggested by the instructor Quiz at the end of each chapter. Upcoming bonus videos will include topics of Cost, Production, Competitive and non-competitive markets Game Theory and much more.... No other experience or knowledge is required for this course.

This training course takes students through the cycle of project feasibility study preparation and evaluation. Feasibility study is needed before starting a new project (product or service), establishing a new business, or upgrading/modifying/expanding an existing business. Through feasibility study preparation cycle, projects can be determined if feasible/viable from the marketing and technical viewpoints. Given their estimated capital and operation costs (CAPEX & OPEX), projects can also be determined whether profitable or not. As the name implies, a feasibility study is used to determine the viability of an idea. The objective of this study is to ensure a project is legally and technically feasible and economically justifiable. It tells us whether a project is worth the investment or not.

'Recognized as a top instructor by Udemy for high quality academic courses' 'First time on Udemy, courses delivered by Nobel Prize laureates and international academic authorities ' If you are as crazy and passionate about true knowledge as our community and believe that true knowledge is true wealth , then our courses are for you. In this masterclass Nobel Prize Winner for Economics, Amartya Sen , invites us to reflect on the key concepts of economics, ethics and justice. Is it possible to combine ethical values with the laws of the market? What are the definitions of social justice and well-being ? The sharp analysis of economist Amartya Sen and his idea of economic development, inseparable from the values of democracy and freedom. This course is for: Anyone with inquisitive and open mind Everyone interested in economics and who would like to learn more about how ethical values could combine with laws of economics. Anyone with Interest in science Anyone with true passion for leaning and attaining true knowledge at an affordable price. Attending the course does not need any economic skill since it is presented in a clear and simple manner Anyone who appreciates and admires the knowledge brought to our race from Nobel Prize laureates' works. With this course you will learn: Over 21 lectures and 1 hour of content! 18 masterclasses and 1 hour and more of content You will learn how the key concepts of economics, ethics and justice are connected to each other You will learn how Amartya Sen suggested a theory capable of regulating the distribution of costs and benefits of social life From literature to economics, art to philosophy, EdooTV gives voice to the world's leading experts, describing and sharing ideas and knowledge that are essential for all of us. Don't wait, be a part of this amazing community now. Knowledge and ability to think with open mind is the best gift you can give to yourself and your loved ones. Feel free to contact us for bulk buying and corporate deals as well.

This  Course covers several Economics topics like Producer's Equilibrium, Concept of Revenue, Forms of Market and Perfect competition. In Producers Equilibrium, we have covered what is producers Equilibrium, when is it achieved, how can you find out Producers Equilibrium using Marginal cost curve, Long and short run equilibrium and what is perfect competition. In the concept of Revenue section, you would learn about, Average, Marginal and Total Revenue, there inter-se relationship and Demand curve of a firm under Perfect competition and Monopoly or monopolistic competition. When looking at Forms of Market, we have explained various forms of market and there characteristics, including perfect competition, monopoly, monopolistic competition and Oligopoly. How each of these forms of market compare with each other is also covered as a part of this Course. In case of perfect competition, our course covers what would be the market situation in case where either supply or demand are elastic, or inelastic, and there are changes in the other variable. This would cover simultaneous changes in supply and demand, change in demand when supply is perfectly inelastic and vice versa.

Overview As advanced economies come to the end of the process of industrialization and with the rise of information technology we are witnessing the birth of a new type of post-industrial economy, it is built on services, fueled by information and knowledge and it is increasingly integrated through global financial and supply chain networks. These huge changes in the deep architecture to our economies go far beyond our industrial paradigm and are necessitating a re-imagination of economy theory. General equilibrium models that were derived from classical physics got mathematized during the 20th century, these models give us a picture of the economy as composed of isolated, purely rational individuals, optimizing over a well defined set of preferences out of which we get a macro level general equilibrium in a somewhat static and timeless economy. It was a paradigm that fitted well with industrial age mechanization. But today the limitations of general equilibrium theory are becoming more apparent as we build new models, models to individual agents that have bounded rationality, driven by a diversity of motives they are interconnected and interdependent. And it is out of these nonlinear interactions we get the emergence of economic institutions as network structures that are far-from-equilibrium, in an economy that is constantly changing from internal drivers as it develops over time through an evolutionary process. Content This course is an overview to the new area of complexity economics, the application of models from complexity theory to the domain of economic science. The course is broken down into five main sections, we will start off with an overview to economic theory discussing our standard approach before going on to give a clear outline to the main ideas coming out of complexity economies. Next we will borrow from behavioral economics to build up a more complex model to economic agents as we talk about the idea of bounded rationality, different theories of value, choice theory and incentive systems. In the third section we will be looking at nonlinear economics as we apply system dynamics to modeling micro economic phenomena, we will be talking about how feedback loops create nonlinearity and the process of self-organization out of which emerges non-equilibrium patterns of organization in the economy. Next we will apply network analysis to modeling macro level economic institutions such as markets, we will introduce you to the basics of network theory and go on to talk about economic networks, their topology, distribution and dynamics. In the final section will be looking through the lens of complex adaptive systems theory to understand how whole macro economies emerge out of the actions and reactions of many different organizations, we will use the model of a fitness landscape in order to help us understand the process of economic evolution.

Welcome to this MOOC on Local Economic Development (LED). Local economic development refers to the processes by which local governments, businesses, and civil society groups get together to raise income sustainably and improve their lives in a well-defined area. It’s about creating jobs, securing livelihoods, improving infrastructure and managing local resources. What do I learn? We will be dealing with questions such as the following. Why does economic development take place in some areas of the world and not in others? Why doesn’t it happen in your place? What prevents people from having the lives they want to live right there? Could your region make more of the opportunities of globalization and new technologies? Did the promises of decentralization in your country fail to deliver better public services and more responsive governments? If these are the questions you are asking yourself, this is the right course for you. It explores the where, who and how of economic development. Please have a look at our list of contents for the coming 8 weeks: 1. What is LED? What drives it? 2. How does globalization shape LED? 3. How does decentralisation affect LED? 4. How does competitiveness affect innovation? 5. What are entrepreneurship and its dimensions? 6. Why are value chains and clusters so important? 7. What are some LED strategies? 8. Your project How will I learn? In each week you will be able to access the content of the videos, suggested readings and additional videos for selective deepening. You will also find assignments that you have to complete if you want to earn a certificate for this MOOC. We will first introduce our “toolkit”, a series of theories and concepts that will help you read the situation in your locality. We will explore the main factors affecting local economic development, such as globalization, decentralisation, and competitiveness. We will discuss key components, like entrepreneurship and innovation and look into the organization of local economies into clusters, value chains and learning regions. We will conclude by deepening on some specific constructs that make local economies grow to benefit their communities. You will also contribute your ideas in the discussion forums, where you will learn from other participants around the world. What makes this course special? There is plenty of information in Internet on local economic development, which is mostly prepared by international donors or multilateral organisations. So what does this course do differently? First of all, the course is offered by academics that have significant published research on local economic development. This course gathers a wealth of academic knowledge that often fights the assumptions on what things are supposed to be like. Second, the instructors of this course have participated in dozens of capacity building projects in Latin America, Asia, Eastern Europe and Africa. Putting learning at the centre, they worked with communities, local governments, international donors and business associations. They often found a significant distance between theory and practice in local economic development, and this has been the basis of learning. Third, the course is acutely aware that each region is different and does not attempt to offer a one-size-fits-all recipe. It singles out key factors that drive local economic development and enables participants to do their own learning process, defining local problems and appropriate solutions. The aim of the course is that participants come up with their own ideas on how to promote local economic development. How will I get a certificate? If you want a certificate for participating in this MOOC, you will need to complete a small assignment each week and participate in the discussion forums. In the end of the MOOC, you will put these contributions together in one final document, your Capstone Project. I hope you find this course exciting and that you get to share our passion for promoting local economic development. Your instructors Dr. Georgina M. Gómez, ISS Prof. Emeritus AHJ (Bert) Helmsing, ISS Dr. Jan Fransen, IHS