Please find the attached Microeconomics Session 8 and the case study for your reference. Please answers 3 questions asked on the page 12 of PDF Microeconomics Session 8. Questions are as below:
1.Discuss the characteristics of good economic theory, as indicated within this paper
2.Provide a comparison between cooperative and non-cooperative games. Which is more valuable in relation to economic theory?
3.Discuss the reasons why technology may be an important area for economic theory development in the future