The condorcet paradox and arrows impossibility theorem

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Reference no: EM131875680

Scenario: You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions.

Develop a 15- to 20-slide Microsoft PowerPoint presentation and PRESENT THIS TO THE CLASS in a minimum 10 minute presentation. Include the following:

The impact the theory of consumer choice has on:

Demand curves

Higher wages

Higher interest rates

The role asymmetric information has in many economic transactions.

The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy.

People are not rational in behavior economics.

Cite a minimum of three peer-reviewed sources not including your textbook.

Include detailed speake notes for each slide, except for the introducotn and references slides.

Reference no: EM131875680

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