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

hool of Business, Sun Y at-sen University Lesson 1 Introduction to Accounting Exercise Short Answer questions 1. Please elaborate the term of efficient market 2. Please elaborate the terms of ethical man, economic man, rational economic

The term adverse selection comes originally from insurance applications. An insurance contract may attract high-risk individuals, with the result that the pool of insured customers may be riskier than the population at large Adverse selection is now used generically to describe situations of asymmet ric information, particularly market settings in which some individuals have private information about their characteristics and where the individuals