The purpose of the course is to examine production functions, cost minimization and profit maximization decisions of firms under different types of market structures. Price theory to the market structures of monopoly, oligopoly, and monopolistic competition will be extended. Markets for factors of production will be examined as well. This course will give an introduction to game theory as well.
Weekly Contact: Lecture:3 hrs. Tutorial:1 hr.
GPA Weight: 1.00
Course Count: 1.00
Billing Units: 1