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Managerial Economics - Monopoly and Perfect Competition
How is the concept of ‘the market’ connected to perfect competition and monopolies? In this free online economics course, you will learn about their relationship and also about long-run equilibrium plus competition in the stock and credit card markets. Study how monopolies maximize their profits, different forms of monopoly and the concept of monopolistic power.
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Managerial Economics - Monopoly and Perfect Competition
In this free online course, learn about perfect competition and monopolies, and how they operate in various markets.
How is the concept of ‘the market’ connected to perfect competition and monopolies? In this free online economics course, you will learn about their relationship and also about long-run equilibrium plus competition in the stock and credit card markets. Study how monopolies maximize their profits, different forms of monopoly and the concept of monopolistic power.
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6 Lessons
The Perfect Competition
This module starts with the concept of the market. You will learn about the economic analysis of the perfect competition, along with the market supply curve and the supply curve of the firm. You will also learn about the long-run equilibrium. This module also addresses perfect competition in the real world.
1.Learning Outcomes
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2.The Concept of Market
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3.Analysing the Perfect Competition
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4.The Supply Curves
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5.Perfect Competiton in the Real World.
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6.Lesson Summary
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6 Lessons
Monopoly
1 Lessons
Course assessment
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