Learning outcomes of week 5

In this week you will study:

  • the monopoly,
  • the oligopoly,
  • how firms in these markets maximize their profits.

The contents of this week are a derivative work of the course by Jonathan Gruber 14.01SC Principle of Microeconomics. Fall 2011. Massachusetts Institute of Technology: MIT OpenCourseWare. License: Creative Commons BY-NC-SA.