Market structure and social welfare, theory of price discrimination, equilibrium in oligopolistic markets, entry and exit decisions, product differentiation and spatial models, theories of hierarchical organization, agency problem in the modern corporation, vertical integration and control, market structure and technical progress. Prerequisite: One of ECON 301, ECON 304, ECON 315, COMM 295.
Market structure and social welfare, theory of price discrimination, equilibrium in oligopolistic markets, entry and exit decisions, product differentiation and spatial models, theories of hierarchical organization, agency problem in the modern corporation, vertical integration and control, market structure and technical progress. Prerequisite: One of ECON 301, ECON 304, ECON 315, COMM 295.
