1. Operation Management
This course introduces the key concepts of operations and supply chain management. A company's operations are crucial to its strategic differentiation and performance. The goal of this course is to provide a basis for sound management intuition in the context of operations and supply chain management and to provide a framework for evaluating and enhancing practices. This goal is pursued through case studies, exercises/simulation and journal paper readings.
The course covers operation strategy, operation process, quality management, demand management, inventory management and sustainable operation design.
2. Game Theory
One of the most meaningful roles of game theory is to investigate the manner in which rational people should interact when they have conflicting interests. This course introduces some key fields of game theory. This course also introduces some mathematical knowledge applied in game theory.
The course covers the following topics:
I. The basics of games
● Zero-Sum games vs. Co-ordination games
● Perfect information vs. Imperfect information games
● Extensive form vs. normal form representation of games
● Pure strategy vs. mixed Strategy
II. Simultaneous move games w.r.t
● Dominant and dominated strategies
● Strictly dominated/ weakly dominated
III. Static models of monopoly and oligopoly models
IV. Discussion of the concept of Nash equilibrium
V. Dynamic games
● Dynamic games using simple example
● Backward induction in finite games of perfect information
● Exemplify with Stackelberg leader-follower game for newsvendor example
● Understand subgame perfect Nash equilibrium
● Finite and Infinite horizon bargaining
3. Marketing Model
The course is designed for graduate students having some knowledge of calculus, probability and statistics and matrix algebra to explore quantitative decision making in marketing. The course starts with the review of the mathematical tools needed to carry on marketing model building.
The course covers the basic concepts and theory and in depth analyses of a number of models in the areas of marketing. The complete details of a few models will lead to the suggestion how to approach problems. Consumer behavior, organizational buying models, advertising, pricing, product and sales force are the key topics in the course.