Monopoly and Market Power

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Related lectures (31)

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Monopsony and Imperfect Competition

Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.

Market Dynamics: Social Welfare and Economic Models

Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.

Market Regulation: External Benefits and Subsidies

Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.

State Interventions on Markets: Price Fixation and Taxation

Explores state interventions in markets, focusing on price fixation, taxation, and monopolies.

Basics of Supply and Demand

Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.

Producer Profit Maximization in Microeconomics

Explores profit maximization conditions, resource variation effects, expansion paths, and state interventions in microeconomics.

Imperfect Competition: Cartels and Oligopoly

Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.

Economic Innovations

Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.

Supply Dynamics: Understanding Willingness to Accept

Explains the concepts of supply, willingness to accept, and market dynamics, focusing on production costs and elasticity of supply.

Electricity Market Liberalization

Explores the transition to market competition in electricity supply, promoting efficiency and lower prices.