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| ECO402 handout |
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Course Overview
Markets and price, The basics of supply and demand, Consumer Behavior, Individual and Market Demand, Choice Under Uncertainty, Elasticity of supply and demand, Production, Theory of cost, Profit Maximization and Competitive Supply, The Analysis of Competitive Markets, Market structure and competitive strategy, Pricing with market power, Monopolistic competition, Oligopoly, Competitive versus collusion, Market for factor inputs.
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