Useful Links
Economics
Applied Microeconomics
Industrial Organization
1. Introduction to Industrial Organization
2. Microeconomic Foundations
3. Market Power and Pricing
4. Oligopoly Theory and Strategic Interaction
5. Product Strategy and Non-Price Competition
6. Entry, Exit, and Strategic Behavior
7. Antitrust Policy and Enforcement
8. Economic Regulation
9. Advanced Topics in Industrial Organization
Microeconomic Foundations
Theory of the Firm
Firm Objectives
Profit Maximization
Alternative Objectives
Production Theory
Production Functions
Short-Run Production
Long-Run Production
Isoquants
Marginal Products
Returns to Scale
Cost Theory
Fixed Costs
Variable Costs
Short-Run Cost Functions
Long-Run Cost Functions
Average Cost Curves
Marginal Cost Curves
Cost Curve Shapes
Economies of Scale
Diseconomies of Scale
Economies of Scope
Profit Maximization Conditions
Marginal Revenue Equals Marginal Cost
Short-Run Profit Maximization
Long-Run Profit Maximization
Shutdown Conditions
Break-Even Analysis
Consumer Theory and Demand
Demand Functions
Individual Demand
Market Demand
Demand Curve Shifts
Movements Along Demand Curves
Elasticity Concepts
Price Elasticity of Demand
Income Elasticity of Demand
Cross-Price Elasticity of Demand
Consumer Surplus
Definition and Measurement
Welfare Analysis Applications
Changes in Consumer Surplus
Market Structure Extremes
Perfect Competition
Assumptions
Characteristics
Price-Taking Behavior
Short-Run Equilibrium
Long-Run Equilibrium
Allocative Efficiency
Productive Efficiency
Pure Monopoly
Sources of Monopoly Power
Barriers to Entry
Control of Essential Resources
Government-Created Monopolies
Monopoly Profit Maximization
Marginal Revenue Analysis
Monopoly Pricing
Output Determination
Deadweight Loss
Welfare Analysis
Rent-Seeking Behavior
Social Costs of Monopoly
Previous
1. Introduction to Industrial Organization
Go to top
Next
3. Market Power and Pricing