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问题:生产者如何做出生产决策 目标:生产者均衡(利润最大化) 理论:生产理论、成本理论
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5. Oligopoly Oligopoly: Small number of firms: Firms depend on each other. Identical products: Firms jointly face a downward sloping industry demand No entry: Long-run positive profits are possible
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Chapter Six Monopoly : Market Power 垄断:市场力 Chapter 7 Monopolistic Competition (垄断竞争市场) Chapter 8 Oligopoly (寡头市场) Chapter 9 Game Theory
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Optimization See Sydsaeter(2005, Chapters 2, 3)and Chiang(1984, Chapters 9, 11, 12 and 21) Positive definite matrix Definite matrices are directly related to optimization. A symmetric matrix A is positive semi- definite(A≥0) if rAr≥0,Vx; positive definite(A>0)
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Content Pure exchange system The existence of Walrasian equilibrium The first theorem of welfare economics The second theorem of welfare economics Exchange with production
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Content Public goods Subscription Efficient provision of public goods Public choice EXternality What's externality? How to solute it? What's the efficient condition with externality
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Content Competitive equilibrium Local analysis Omplete compete market Monopoly
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Summary textbook Varian, Hal R, 1992, Microeconomics Analysis, 3rd ed Mas-Colella m Whinston and j, green 1995, microeconomics Theory assignments
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Preference and Choice Content: Preference and rationality The rule of choice Budget Demand function WAand demanded law
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Cost Minimization Content Definitions Properties of cost function WACM Some forms of cost functions
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