Case Study: Cost Theory and Market Structures

IE code:
EC1-137-I
Language:   English
Format:  
PDF
Nr. Of Pages:
25
Academic Area:
Type of publication:
Case Study

Description

This case presents students with exercises to put into practice economic concepts such as market structures, elasticity, supply and demand curves. Students are asked to calculate cost and revenues values, and then use these values to construct market structure models. It is a useful case to use in introductory economics courses because of its practical nature.