Advanced Microeconomics-III TYBA Semester V Manan Prakashan

Advanced Microeconomics TYBA -III TYBA Semester V

 

TYBA  Manan Prakashan

Advanced Microeconomics TYBA – III Semester V Manan Prakashan

Semester V

Module – 1 : Monopoly

 

Sources of Monopoly – Profit maximising monopoly – Calculation of price, output and profit for a monopoly – Price discrimination: First, Second and Third degree – Public policy towards monopoly

 

Module – 2 : Basics of Game Theory

 

Prisoner’s Dilemma – Dominant Strategy Equilibrium – Battle of Sexes Game – Nash Equilibrium – Extensive form Games – Game Tree

 

Module – 3 : Oligopoly

 

The Cournot Model – The Bertrand Model – The Edgeworth Model – The Chamberlin Model – The Kinked Demand Curve Model – Collusion and Cartels – Price Leadership

 

Module – 4 : General Equilibrium and Welfare Economics

 

Interdependence in the Economy – General Equilibrium and its Existence -The Pareto Optimality Condition of Social Welfare, Marginal Conditions for Pareto Optimal Resource Allocation.

 

Perfect Competition and Pareto Optimality – Kaldor- Hicks Compensation Criterion – Arrow’s Impossibility Theorem.

 

Additional Information

 

BOARD	Mumbai University
ISBN-13	978-81-94745-18-1
AUTHOR	A. D. Mascarenhas, Dr. P. A. Johnson, K. P. Mody
PUBLISHER	Manan Prakashan
ED	All
PAGES	148
SUBJECT	Microeconomics – III (Paper VII) TYBA Semester V
LANGUAGE	English