In order to maximize profits, firms must ensure that any given output level is produced at least cost and then select the price-output combination that results in total revenue exceeding total cost by the greatest amount possible. With this in mind, this second module of the Power of Markets course addresses how firms can most effectively convert inputs into final output and then covers determining the best price-output combination for a firm and how this varies depending on whether the firm is operating in a perfectly competitive or imperfectly competitive market setting.
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The Power of Markets II: Market Structure and Firm Behavior
ロチェスター大学（University of Rochester）このコースについて
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約8時間で修了
英語
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ロチェスター大学（University of Rochester）
The University of Rochester is one of the nation's leading private universities. Located in Rochester, N.Y., the University provides exceptional opportunities for interdisciplinary study and close collaboration with faculty through its unique cluster-based curriculum. Its College, School of Arts and Sciences, and Hajim School of Engineering and Applied Sciences are complemented by its Eastman School of Music, Simon School of Business, Warner School of Education, Laboratory for Laser Energetics, School of Medicine and Dentistry, School of Nursing, Eastman Institute for Oral Health, and the Memorial Art Gallery.
シラバス - 本コースの学習内容
2時間で修了
Week 5 - Production
The Production Process: How Firms Convert Inputs into Final Outputs.
2時間で修了
8件のビデオ （合計57分）
8件のビデオ
Total, Average, and Marginal Product Curves 7 分
The Law of Diminishing Marginal Returns 4 分
Production in the Long Run 5 分
Trading Off Inputs in Production 5 分
Returns to Scale 7 分
Short-run Cost of Production7 分
The Relationship Between Cost Curves 11 分
1の練習問題
Week 5 Quiz40 分
2時間で修了
Week 6 - Cost Minimization
How Firms Minimize the Cost of Producing Output.
2時間で修了
9件のビデオ （合計87分）
9件のビデオ
The Golden Rule of Cost Minimization 11 分
Applying the Golden Rule of Cost Minimization14 分
Long Run Cost Curves13 分
The Importance of Cost Curves to Market Structure and Efforts to Abate Pollution 8 分
Perfect Competition: Key Assumptions6 分
Short-run Profit Maximization 4 分
The Competitive Firm’s Short-Run Supply Curve and the Shutdown Condition 12 分
Output Response to Input Price Changes5 分
1の練習問題
Week 6 Quiz40 分
2時間で修了
Week 7 - Profit Maximization in Perfectly Competitive Markets
How Firms Maximize Profits in Perfectly Competitive Markets.
2時間で修了
10件のビデオ （合計92分）
10件のビデオ
Long-run Competitive Equilibrium 10 分
The Long-run Industry Supply Curve 12 分
Key Points About the Long-run Industry Supply Curve 9 分
Producer Surplus 3 分
Competition Maximizes Total Surplus 9 分
Who Bears the Burden of Excise Taxes?14 分
The Deadweight Loss of Excise Taxes 5 分
City Taxicab Markets 7 分
The Net Gains From Trade 11 分
1の練習問題
Week 7 Quiz40 分
2時間で修了
Week 8 - Monopoly Power: Its Sources and How to Use It
The Sources and Uses of Monopoly Power.
2時間で修了
10件のビデオ （合計95分）
10件のビデオ
Monopoly and Profit Maximization 5 分
Monopoly Price and Its Relationship to Elasticity of Demand 8 分
Further Implications of Monopoly Analysis 11 分
The Measurement and Sources of Monopoly Power 5 分
The Sources of Monopoly Power 11 分
The Efficiency Effects of Monopoly8 分
Public Policy Toward Monopoly 11 分
Price Discrimination 12 分
Three Necessary Conditions for Price Discrimination 12 分
1の練習問題
Week 8 Quiz40 分
レビュー
THE POWER OF MARKETS II: MARKET STRUCTURE AND FIRM BEHAVIOR からの人気レビュー
RSにより2018年2月25日
This course is indeed a helpful one and has helped me to understand the Market Structure in a very eminent way.
RLにより2018年3月23日
The best courses in Coursera, i greatly appreciate the hard work by Professor Zupan, a happy man from China.
JJにより2019年6月20日
This course was great. I strongly recommend buying the recommended book, as it will help a lot.
JTにより2016年2月21日
Excellent course. Well worth the effort Looking forward to Part III.
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