Lucrare individuala - Microeconomics - ID:02352 - Volum 29 pagini


Categoria : Stiinte economice 
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1. Applied aspects of the model of demand and supply. Consequences of the government intervention in the market mechanism (by taxation, subsidies).
2. The Nature of production costs. Explicit and implicit costs. Accounting and Economic costs. Sunk costs.
3. Characteristics of Monopoly market.  Natural Monopoly. Barriers to entry. Classification of  the barriers to entry.
4. Price discrimination. Types of price discrimination. First degree price discrimination. Second degree price discrimination Third degree price discrimination.
5. Social cost of monopoly.
6. Oligopoly and its properties. Cooperative and competitive strategies of oligopolists. Advantages and disadvantages of Oligopoly.
7. Models of equilibrium in conditions of competitive behavior of oligopolies:
a) The Bertrand model,
b) The Cournot model,
c).  Model of partial monopoly.
8. Collusion and cartels. Comparison with Monopoly