ECON2032 - Microeconomics II


Marmara Üniversitesi

İktisat Fakültesi

İngilizce İktisat

Genel Bilgiler


The course focuses on the supply side of the market. It will start focusing on the basic behavior of the firm, profit maximization and cost minimization to achieve the total cost of production. Then the behavior of the firm under different market structure (perfectly competitive, monopolistic, monopolistic competition and oligopolistic structures) will be examined. For understanding of the strategic interaction of firms in oligopolistic market a brief introduction to game theory will be provided. Finally, the course will cover welfare, externalities and public goods.

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