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.
ofrecido por
The Power of Markets II: Market Structure and Firm Behavior
Universidad de RochesterAcerca de este Curso
2064 vistas recientes
Fechas límite flexibles
Restablece las fechas límite en función de tus horarios.
Certificado para compartir
Obtén un certificado al finalizar
100 % en línea
Comienza de inmediato y aprende a tu propio ritmo.
Aprox. 8 horas para completar
Inglés (English)
Subtítulos: Inglés (English)
Fechas límite flexibles
Restablece las fechas límite en función de tus horarios.
Certificado para compartir
Obtén un certificado al finalizar
100 % en línea
Comienza de inmediato y aprende a tu propio ritmo.
Aprox. 8 horas para completar
Inglés (English)
Subtítulos: Inglés (English)
ofrecido por
Universidad de 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.
Programa - Qué aprenderás en este curso
1 hora para completar
Week 5 - Production
The Production Process: How Firms Convert Inputs into Final Outputs.
1 hora para completar
8 videos (Total 57 minutos)
2 horas para completar
Week 6 - Cost Minimization
How Firms Minimize the Cost of Producing Output.
2 horas para completar
9 videos (Total 87 minutos)
2 horas para completar
Week 7 - Profit Maximization in Perfectly Competitive Markets
How Firms Maximize Profits in Perfectly Competitive Markets.
2 horas para completar
10 videos (Total 92 minutos)
2 horas para completar
Week 8 - Monopoly Power: Its Sources and How to Use It
The Sources and Uses of Monopoly Power.
2 horas para completar
10 videos (Total 95 minutos)
Reseñas
- 5 stars78,84 %
- 4 stars13,46 %
- 3 stars3,84 %
- 2 stars1,92 %
- 1 star1,92 %
Principales reseñas sobre THE POWER OF MARKETS II: MARKET STRUCTURE AND FIRM BEHAVIOR
por JJ20 de jun. de 2019
This course was great. I strongly recommend buying the recommended book, as it will help a lot.
por SR13 de jun. de 2020
Great course, looking forward to take the next one on this topic.
por RS25 de feb. de 2018
This course is indeed a helpful one and has helped me to understand the Market Structure in a very eminent way.
por JT21 de feb. de 2016
Excellent course. Well worth the effort Looking forward to Part III.
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