Market Structure Theory of the firm: elements of production and cost; input allocation, pricing, and firm behaviour under perfectly and imperfectly competitive market structures; the role of information; game theory and public policy, including basic competition policy. Precludes additional credit for ECON 2001 and ECON 2009. Prerequisite(s): ECON 1001 or FYSM 1003 with a grade of C- or higher; ECON 1401(with a grade of C- or higher) and ECON 1402, (or equivalent department-approved MATH course pair with a grade of C- or higher in each). May be taken concurrently with ECON 1402. Lectures three hours a week, tutorials one and a half hours a week.
Market Structure Theory of the firm: elements of production and cost; input allocation, pricing, and firm behaviour under perfectly and imperfectly competitive market structures; the role of information; game theory and public policy, including basic competition policy. Precludes additional credit for ECON 2001 and ECON 2009. Prerequisite(s): ECON 1001 or FYSM 1003 with a grade of C- or higher; ECON 1401(with a grade of C- or higher) and ECON 1402, (or equivalent department-approved MATH course pair with a grade of C- or higher in each). May be taken concurrently with ECON 1402. Lectures three hours a week, tutorials one and a half hours a week.
