ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics (2)

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

Develop a 12- to 15-slide Microsoft® PowerPoint® presentation to be presented to the Marketing Department that addresses the following.

Explain the following in your presentation:

• 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 not being rational in behavior economics

Cite a minimum of 3 peer-reviewed sources not including your textbook.

Format consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.