ECON2062 Microeconomics (II)

Prerequisite | Method of Instruction | Course Website and Communication | Course Description | Mission of the College | Learning Objective | Learning Goal | Required Text | Tentative Schedule | Exam | Grading | Late or Missed Assignments | Class Attendance | Academic Integrity Statement

Production | Short Run Production: One Variable and One Fixed Input | Long Run Production: Two Variable Inputs | Returns to Scale

Short-Run Costs | Long-Run Costs

Demand | Supply | Market Equilibrium | Shocking the Equilibrium: Comparative Statics

Perfect Competition | Profit Maximization | Competition in the Short Run | Competition in the Long Run

Producer Surplus | Competition Maximizes Welfare | Policies That Shift Supply or Demand Curves | Policies That Create a Wedge Between Supply and Demand Curves | Comparing Both Types of Policies: Trade

Monopoly Profit Maximization | Market Power and Welfare | Causes of Monopolies | Government Actions That Reduce Market Power | Monopsony

Conditions for Price Discrimination | Perfect Price Discrimination | Group Price Discrimination | Nonlinear Price Discrimination | Two-Part Pricing

Static Games | Dynamic Games | Sequential Games

Market Structures | Cartels | Cournot Oligopoly Model | Stackelberg Oligopoly Model