Economic thinking. New paradigms

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Economic thinking. New paradigms

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dates of programs start

8/4/2022

Format

3 Days

10:00-18:00

cost

18000 uah

Economic thinking. New paradigms

What managers need to know to make rational decisions; understand how we think; and effectively manage your life and your company in today's turbulent era.

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about program

The structure of the program

Faculty

Business owners and managers who aim to:

Understand how the brain manipulates decision-making cognitive process with emotions;

Learn about successful life strategies based on modern economic theories;

Define or rethink their own life strategy;

Understand where and why you should and should not invest money, time, and effort;

Learn to manage their own life to achieve maximum efficiency both in personal development and business.

Understanding of the patterns that help you make better decisions pertaining to your life and business

Modern technologies and tools for predicting the behavior of market players: partners, customers, employees, and the society

Understanding the factors that affect the success of our business and the efficiency of different types of capital: human, financial, reputational, social, etc.

Ability to define the strategy of one's own life or company and the skill to set goals accordingly

The structure of the program

Day 1

Neuromanagement: Psychological traps in thinking

April 8

Decision making under uncertainty
Diversity and development of business decision-making
Emotionality and rationality, interaction between logic and intuition
Manipulative memory
Overconfidence and overreaction to events
Psychological traps of money
Psychology of inequality. (People often complain about inequality and say that because of inequality, they have no chance of success in life, but it is important to understand that inequality has always been and will be, and with the right strategy you can succeed from scratch)

Day 2

Strategic thinking: competitive models and conflict resolution

April 9

Strategic interaction and game thinking
The Bellman Principle as a way to solve end problems and use it in business decision-making
Market Competition and Market Equilibrium Models
Strategic games, lobbying, models of non-price competition, bluffing in business
Product and service knitting models as a tool for transferring power from one market segment to another and price differentiation models
Business is like a game. Nash Equilibrium and the Concept of Conflict Management (Nash Equilibrium - Predicting the Future Based on Strategic Analysis of Economic Agent Interaction, Calculating Multiple Player Combinations, and Identifying Stable Strategies Under which None of the Players Want to Get Away With Their Alternatives)

Day 3

Optimal life strategies: robustness, flexibility and anti-fragility

April 10

The current global financial system, the range of financial institutions and their role in achieving the effectiveness of human life
Basic technologies of risk management in own life and risks of the company: diversification, differentiation, immunization, insurance and hedging
Assessment of personal and managerial flexibility, using the Black-Scholes-Merton formula, understanding of human life as a set of realized and unrealized opportunities
Optimal Life Strategies by Nasima Taleb's Anti-Fragility Theory - Rejection of Short-Term Optimality, Orientation to Sustainability, Life Experience and Long-Term Perspective.