Introduction and Theory. Overview. The firm and costs. Market Structures. Competition. Monopolies, Monopsonies, and dominant firms. Cartels. Oligopoly. Product differenciation and monopolistic competition. Industru structure and performance. Bussiness Practices: Strategzes and Conduct. Price discrimination. Advanced topics in pricing. Strategic behavior. Vertical integration and vertival restrictions. Information, Advertising,and Disclosure. Information. Advertising and disclosure. Dynamic Modeis and Market Clearing. Decision making over time: durability. Patents and technological change. How markets clear: theory and facts. Government Polícies and their effects. International trade. Antitrust law and policy. Regulation and deregulation.
