Hey does anyone here have a college degree in economics, can you please briefly answer these questions: a) What model is the backbone of modern microeconomics? b) What is the traditional theory of price? c) What is game theory? d) Why did economists take up game theory? e) What is information theory? im trying to learn this for a class but i dont understand the a and b especially. i know game theory but what is information theory? thank you so much fo your help, i hope to learn econ as well as you!