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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 2436yesCoursera

The fees for the course The Power of Markets II: Market Structure and Firm Behavior is -

HeadAmount in INR
Certificate FeesRs. 2,436

 


The Syllabus

Videos
  • Production in the Short Run
  • Total, Average, and Marginal Product Curves 
  • The Law of Diminishing Marginal Returns 
  • Production in the Long Run 
  • Trading Off Inputs in Production 
  • Returns to Scale 
  • Short-run Cost of Production
  • The Relationship Between Cost Curves 
Assignment
  • Week 5 Quiz

Videos
  • Marginal-Average Cost Relationships
  • The Golden Rule of Cost Minimization 
  • Applying the Golden Rule of Cost Minimization
  • Long Run Cost Curves
  • The Importance of Cost Curves to Market Structure and Efforts to Abate Pollution 
  • Perfect Competition: Key Assumptions
  • Short-run Profit Maximization 
  • The Competitive Firm’s Short-Run Supply Curve and the Shutdown Condition 
  • Output Response to Input Price Changes
Assignment
  • Week 6 Quiz

Videos
  • Short-run Competitive Equilibrium
  • Long-run Competitive Equilibrium 
  • The Long-run Industry Supply Curve 
  • Key Points About the Long-run Industry Supply Curve 
  • Producer Surplus 
  • Competition Maximizes Total Surplus 
  • Who Bears the Burden of Excise Taxes?
  • The Deadweight Loss of Excise Taxes 
  • City Taxicab Markets 
  • The Net Gains From Trade
Assignment
  • Week 7 Quiz

Videos
  • Monopoly: An Introduction
  • Monopoly and Profit Maximization 
  • Monopoly Price and Its Relationship to Elasticity of Demand 
  • Further Implications of Monopoly Analysis 
  • The Measurement and Sources of Monopoly Power 
  • The Sources of Monopoly Power 
  • The Efficiency Effects of Monopoly
  • Public Policy Toward Monopoly 
  • Price Discrimination 
  • Three Necessary Conditions for Price Discrimination 
Assignment
  • Week 8 Quiz

Articles

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