About this Course
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Flexible deadlines

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Approx. 11 hours to complete

Suggested: 3-5 hours/week...

English

Subtitles: English
Learners taking this Course are
  • Consultants

    100% online

    Start instantly and learn at your own schedule.

    Flexible deadlines

    Reset deadlines in accordance to your schedule.

    Approx. 11 hours to complete

    Suggested: 3-5 hours/week...

    English

    Subtitles: English

    Syllabus - What you will learn from this course

    Week
    1
    3 hours to complete

    Week 9 - Product Pricing With Monopoly Power

    10 videos (Total 112 min), 1 quiz
    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
    2 hours to complete

    Week 10 - Monopolistic Competition and Oligopoly

    9 videos (Total 79 min), 1 quiz
    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
    2 hours to complete

    Week 11 - The Market for Inputs

    10 videos (Total 70 min), 1 quiz
    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
    2 hours to complete

    Week 12 - Can Government Intervention Improve Market Outcomes?

    10 videos (Total 95 min), 1 quiz
    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

    Instructor

    Avatar

    Mark Zupan

    Professor of Economics and Public Policy
    Simon School of Business

    About University of Rochester

    The University of Rochester is one of the nation's leading private universities. Located in Rochester, N.Y., the University provides exceptional opportunities for interdisciplinary study and close collaboration with faculty through its unique cluster-based curriculum. Its College, School of Arts and Sciences, and Hajim School of Engineering and Applied Sciences are complemented by its Eastman School of Music, Simon School of Business, Warner School of Education, Laboratory for Laser Energetics, School of Medicine and Dentistry, School of Nursing, Eastman Institute for Oral Health, and the Memorial Art Gallery....

    Frequently Asked Questions

    • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

    • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

    More questions? Visit the Learner Help Center.