About this Course

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Flexible deadlines
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Approx. 9 hours to complete
English
Subtitles: English
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 9 hours to complete
English
Subtitles: English

Offered by

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University of Rochester

Syllabus - What you will learn from this course

Week
1

Week 1

3 hours to complete

Week 9 - Product Pricing With Monopoly Power

3 hours to complete
10 videos (Total 112 min)
10 videos
Two-Part Tariffs 14m
Monopolistic Competition7m
Oligopoly and the Cournot Model12m
The Dominant Firm Model10m
Cartels and Collusion11m
OPEC 9m
Game Theory10m
Prisoner’s Dilemma12m
Repeated Games 9m
1 practice exercise
Week 9 Quiz40m
Week
2

Week 2

2 hours to complete

Week 10 - Monopolistic Competition and Oligopoly

2 hours to complete
9 videos (Total 79 min)
9 videos
Adverse Selection and Moral Hazard 10m
Limited Price Information and Advertising5m
The Size of the Deadweight Loss of Monopoly8m
Do Monopolies Suppress Innovations?6m
Natural Monopoly7m
More on Game Theory: Iterated Dominance and Commitment10m
The Input Demand Curve of a Competitive Firm10m
Industry and Market Demand Curves for an Input 7m
1 practice exercise
Week 10 Quiz40m
Week
3

Week 3

2 hours to complete

Week 11 - The Market for Inputs

2 hours to complete
10 videos (Total 70 min)
10 videos
Industry Determination of the Price and Employment of Inputs6m
Input Price Determination in a Multi-Industry Market5m
Input Demand and Employment by an Output Market Monopoly4m
Monopsony in Input Markets 5m
The Income-Leisure Choice of the Worker 5m
The Supply of Hours of Work 11m
The General Level of Wage Rates and Why Wages Differ 9m
Economic Rent 3m
Monopoly Power in Input Markets: Unions9m
1 practice exercise
Week 11 Quiz40m
Week
4

Week 4

2 hours to complete

Week 12 - Can Government Intervention Improve Market Outcomes?

2 hours to complete
10 videos (Total 95 min)
10 videos
Who Really Pays for Social Security? 8m
The NCAA Cartel11m
The Benefits and Costs of Immigration 8m
Three Conditions for Economic Efficiency7m
Reasons for Government Intervention8m
Externalities and Public Goods10m
Externalities11m
Externalities and Property Rights6m
Controlling Pollution, Revisited 8m
1 practice exercise
Week 12 Quiz40m

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Frequently Asked Questions

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