Introduction to Market Structures

Introduction to Market Structures by Indian Institute of Technology Guwahati

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Created by Guwahati Staff Last updated Sat, 12-Mar-2022 English


Introduction to Market Structures free videos and free material uploaded by Guwahati Staff .

Syllabus / What will i learn?

Week-1 : Introduction to Industrial Organization, Consumer behavior and Derivation of Demand curve

Week-2 : Production and Cost curvesWeek-3 : Competitive Market

Week-4 : Monopoly

Week-5 : Game Theory: Static games of complete information (Nash equilibrium)

Week-6 : Dynamic games of complete information ( Subgame perfect Nash equilibrium)

Week-7 : Cournot Competition

Week-8 : Bertrand Competition

Week-9 : Stackelberg Games

Week-10 : Product Differentiation

Week-11 : Entry Deterrence

Week-12 : Bundling and Tying



Curriculum for this course
0 Lessons 00:00:00 Hours
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Description

This course deals with the study of market structures in economics. The study of market structures helps us to understand the pricing of goods and services in the market. Based on toy models, we will study how the price of a good changes with the changes in the market structure.This course can be considered as economic application of game theory. The main tool used to address the questions is game theory. A small component of the course will also be devoted to game theory.The different strategies used by the firms to out compete the rivals, avoid competitions, etc will be introduced in the course.

INTENDED AUDIENCE : PG and UG (Advanced), BTech

PREREQUISITES : Calculus and little bit of familiarity with optimization

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Free

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