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Diploma in Managerial Economics - Market Theory

Diploma in Managerial Economics - Market Theory

Enrolled10-15 Hours (Contains Video)
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  • Advanced Level

Diploma in Managerial Economics - Market Theory

Study the theory of the market economy to equip yourself with useful tools and methods to boost your managerial skills.

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Diploma in Managerial Economics - Market TheoryDiploma
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Learning Outcomes

In this free course, you will learn how to:

  • Discuss the concept of 'the market'
  • Categorize the various types of market
  • Explain long-run equilibrium
  • Recall the characteristics of perfect competition
  • Discuss perfect competition in the real world
  • Contrast monopoly with oligopoly
  • List the characteristics of monopolies and oligopolies
  • Contrast collusive oligopoly with non-collusive oligopoly
  • Define 'game theory'
  • Explain product pricing
  • List the basic determinants of price
  • Contrast the Ramsey problem (or Ramsey–Boiteux pricing) to peak-load pricing

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