Saturday, February 26, 2011

Imperfect Competition: Oligopoly

TOPIC:             Imperfect Competition: Oligopoly
DATE:              TO BE ANNOUNCED
TEXT REFERENCES:     Mankiw, Chapter 17
1.     Definition of imperfect competition and the spectrum of market structures
2.     Oligopoly
    A.     Definition
    B.     Interdependency and examples (cartels, price leadership)
    C.     Galbraith's theory of the large corporation and the dependence effect

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