Economic thinking. New paradigms

Scholarship

Home

Programs

Executive Development Programs

Strategy

Economic thinking. New paradigms

all programs

dates of programs start

9/5/2024

Format

3 days

10:00 - 18:00

cost

24 000 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..

Ask a question

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 oneʼs own life or company and the skill to set goals accordingly

The structure of the program

Day 1

Neuromanagement: psychological traps in thinking

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

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

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.