
Managerial Economics - Monopoly and Perfect Competition
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Managerial Economics - Monopoly and Perfect Competition
In this free online course, learn about perfect competition and monopolies, and how they operate in various markets.
Confident you have the skills to certify without completing the course content?
- Enrolled
Positive Ratings
- Avg. Duration3-4 Hours (Contains Video)
- Available Languages (1)
English
This course is
CPD-Accredited
Learning Outcomes
In this free course, you will learn how to:
- Discuss the concept of 'the market'
- Categorize the various types of market
- Explain long-run equilibrium
- Recall the characteristics of perfect competition
- Discuss perfect competition in the real world
- Discuss monopoly
- List the characteristics of monopoly
- Explain monopoly power
- Contrast monopoly to perfect competition
- Explain product pricing
- Define 'monopsony'
- List the types of monopoly markets
Course Overview
About This Course
Course Description
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