Price Discrimination. Firm Behavior in Cases of Monopolistic Competition and Oligopoly.
Week 10 - Monopolistic Competition and Oligopoly
Imperfect Information. The Efficiency Effects of Monopoly. Firm, Industry, and Market Demand for an Input.
Week 11 - The Market for Inputs
The Supply of Inputs and the Determination of Input Prices.
Week 12 - Can Government Intervention Improve Market Outcomes?
Using Input Market Theory to Analyze the Minimum Wage, Social Security,Immigration, and the NCAA. Promoting Market Efficiency and Why Government Intervention in Markets May be Justified.