It is useful and very tempting to value MANY THINGS in But there are also many problems. No market, no price. No price, can't count it. Can't count it, doesn't count

Monopoly Monopoly Power Sources of Monopoly Power The Social Costs of Monopoly Power

Topics to be Discussed Competitive Factor Markets Equilibrium in a Competitive Factor Market Factor Markets with Monopsony Power Factor Markets with Monopoly Power

Capturing Consumer Surplus Price Discrimination Intertemporal Price Discrimination and Peak-Load Pricing

Topics to be Discussed The Themes of Microeconomics What Is Market? Real Versus Nominal Prices Why Study Microeconomics?

The Market for Corporate Control Sensible Motives for mMergers Dubious Reasons for Mergers Evaluating Mergers Merger Tactics Leveraged Buy-Outs Mergers and the Economy

Measuring Beta Portfolio Betas CAPM and Expected Return Security market Line Capital Budgeting and Project Risk

Topics Covered Rates of Return 973 Years of Capital Market History Measuring Risk Risk Diversification Thinking About Risk

Revision(Lesson 1-3) I Expressions Directions: Choose the correct English expressions of Chinese terms in the column A from column B Column a

Revision: Expressions Directions: Turn the following English terms into Chinese without looking at your textbook 1. skimming price 2. market price 3. basis price