The Power of Markets III: Input Markets and Promoting Efficiency

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  • Week 9 - Product Pricing With Monopoly Power
    • Price Discrimination. Firm Behavior in Cases of Monopolistic Competition and Oligopoly.
  • Week 10 - Monopolistic Competition and Oligopoly
    • Imperfect Information. The Efficiency Effects of Monopoly. Firm, Industry, and Market Demand for an Input.
  • Week 11 - The Market for Inputs
    • The Supply of Inputs and the Determination of Input Prices.
  • Week 12 - Can Government Intervention Improve Market Outcomes?
    • Using Input Market Theory to Analyze the Minimum Wage, Social Security,Immigration, and the NCAA. Promoting Market Efficiency and Why Government Intervention in Markets May be Justified.