Firm Level Economics: Markets and Allocations
Completed by Phuriphat Dejsuphong
December 15, 2022
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: Environmental Issue
- Category: Resource Allocation
- Category: Strategic Decision-Making
- Category: Environmental Policy
- Category: Decision Making
- Category: Competitive Analysis
- Category: Supply And Demand
- Category: Economics
- Category: Public Policies
- Category: Business Economics
- Category: Game Theory
