Monopoly Markets

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Microeconomics: When Markets Fail (Coursera)

Perfect markets achieve efficiency: maximizing total surplus generated. But real markets are imperfect. In this course we will explore a set of market imperfections to understand why they fail and to explore possible remedies including as antitrust policy, regulation, government intervention. Examples are taken from everyday life, from goods [...]
7
Average: 7 ( 3 votes )

Firm Level Economics: Markets and Allocations (Coursera)

In this class, we will derive equilibrium outcomes across a variety of market structures. We will begin by understanding equilibrium under a market structure called Perfect Competition, a benchmark construction. Economists have tools to measure the efficiency of market outcomes. We next consider the polar extreme of a competitive [...]
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Average: 10 ( 3 votes )