Firm Level Economics: Markets and Allocations
Completed by Alan Hogan
December 14, 2024
18 hours (approximately)
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What you will learn
Explain how different market structures result in different resource allocations.
Model the impact of external shocks to a particular market structure and demonstrate the new equilibrium price and quantity.
Explain when and why the government might intervene with regulatory authority or antitrust litigation to lessen inefficiencies in some markets.
Describe how information problems can cause inefficient outcomes.
Skills you will gain
- Category: Market Dynamics
- Category: Resource Allocation
- Category: Strategic Decision-Making
- Category: Environmental Issue
- Category: Business Economics
- Category: Game Theory
- Category: Public Policies
- Category: Competitive Analysis
- Category: Environmental Policy
- Category: Decision Making
- Category: Supply And Demand
- Category: Economics
