一、理解市场失灵、外部性、公共产品的含义 二、掌握公共产品的特征 三、掌握非排他性和非竞争性的含义 四、理解政府干预社会收入分配的原因

一、了解寡头垄断的市场特征 二、掌握寡头垄断市场勾结情况下价格和产量的决定 三、掌握寡头垄断市场不勾结情况下价格和产量的决定

一、了解市场结构的含义 二、掌握划分市场结构的标准 三、掌握四种市场结构的特征

Where Are We in the Course? We are studying the 1st of the three blocks of microeconomics: Consumer behavior, production theory, and market equilibrium Within the 1st block, we are working on the 2nd of the three components: choice set, preference, and consumer demand

When there are no taxes and capital markets function well, it makes no difference whether the firm borrows or individual shareholders borrow. Therefore, the market value of a company does not depend on its capital structure

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市场不是万能的,价格机制配置资源失效的情况称 之为市场失灵( market gailure)。失灵的原因及 其表现有多种多样,如垄断,外部性,公共物品, 信息不完全等等,因此,政府必须要作为 政府针对经济个量所采取的政策行为,称为政府微 观经济政策

Where are We in the Course? We are working on the 1st of the 3 components of microeconomics: Consumer behavior, production theory, and market. There are three elements of consumer behavior: budget constraint, preference, and choices

Ten Principles of Economics Thinking Like an Economist Interdependence and the Gains from Trade The Market Forces of Supply and Demand Elasticity and Its Application Supply, Demand and Government Policies Consumers, Producers, and the Efficiency of Markets Application: The Costs of Taxation Application: International Trade Externalities Public Goods and Common Resources The Costs of Production Firms in Competitive Markets Monopoly Oligopoly Monopolistic Competition The Economics of Labor Markets

The Purpose of this Chapter To begin to understand the art of building an economic model To begin to understand three basic elements of modeling in economics: Purpose Simplification through assumptions -Value judgment