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The Power of Markets II: Market Structure and Firm Behavior
Intermediate
Online
3 WeeksQuick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 2436 | yes | Coursera |
The fees for the course The Power of Markets II: Market Structure and Firm Behavior is -
| Head | Amount in INR |
| Certificate Fees | Rs. 2,436 |
The Syllabus
Videos
- Production in the Short Run
- Total, Average, and Marginal Product Curves
- The Law of Diminishing Marginal Returns
- Production in the Long Run
- Trading Off Inputs in Production
- Returns to Scale
- Short-run Cost of Production
- The Relationship Between Cost Curves
Assignment
- Week 5 Quiz
Videos
- Marginal-Average Cost Relationships
- The Golden Rule of Cost Minimization
- Applying the Golden Rule of Cost Minimization
- Long Run Cost Curves
- The Importance of Cost Curves to Market Structure and Efforts to Abate Pollution
- Perfect Competition: Key Assumptions
- Short-run Profit Maximization
- The Competitive Firm’s Short-Run Supply Curve and the Shutdown Condition
- Output Response to Input Price Changes
Assignment
- Week 6 Quiz
Videos
- Short-run Competitive Equilibrium
- Long-run Competitive Equilibrium
- The Long-run Industry Supply Curve
- Key Points About the Long-run Industry Supply Curve
- Producer Surplus
- Competition Maximizes Total Surplus
- Who Bears the Burden of Excise Taxes?
- The Deadweight Loss of Excise Taxes
- City Taxicab Markets
- The Net Gains From Trade
Assignment
- Week 7 Quiz
Videos
- Monopoly: An Introduction
- Monopoly and Profit Maximization
- Monopoly Price and Its Relationship to Elasticity of Demand
- Further Implications of Monopoly Analysis
- The Measurement and Sources of Monopoly Power
- The Sources of Monopoly Power
- The Efficiency Effects of Monopoly
- Public Policy Toward Monopoly
- Price Discrimination
- Three Necessary Conditions for Price Discrimination
Assignment
- Week 8 Quiz