• Chapter 16: Real-World Competition and TechnologyChapter 16: Real-World Competition and Technology

    Chapter Goals Define the monitoring problem and state its implications for economics Discuss why competition should be seen as a process, not a state Summarize how firms protect monopoly Explain why oligopoly is the best market structure for technological change

    pptx16 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 703 | Lượt tải: 0

  • Chapter 15: Oligopoly and Antitrust PolicyChapter 15: Oligopoly and Antitrust Policy

    Chapter Goals Explain the distinguishing characteristics of oligopoly Distinguish two models of oligopoly Describe two empirical methods of measuring market structure Explain what antitrust policy is and give a brief history of it

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 644 | Lượt tải: 0

  • Chapter 14: Monopoly and Monopolistic CompetitionChapter 14: Monopoly and Monopolistic Competition

    Chapter Goals Summarize how and why the decisions facing a monopolist differ from the collective decisions of competing firms Determine a monopolist’s price, output, and profit graphically and numerically Show graphically the welfare loss from monopoly Explain why there would be no monopoly without barriers to entry Explain how monopolistic co...

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 734 | Lượt tải: 0

  • Chapter 13: Perfect Competition (2)Chapter 13: Perfect Competition (2)

    Chapter Goals Explain how perfect competition serves as a reference point Explain why producing an output at which marginal cost equals price maximizes total profit for a perfect competitor Determine the output and profit of a perfect competitor graphically and numerically Explain the adjustment process from short-run equilibrium to long-run eq...

    pptx13 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 666 | Lượt tải: 0

  • Chapter 12: Production and CostAnalysis IIChapter 12: Production and CostAnalysis II

    Chapter Goals Distinguish technical efficiency from economic efficiency Explain how economies and diseconomies of scale influence the shape of long-run cost curves Explain the role of the entrepreneur in translating cost of production to supply Discuss some of the problems of using cost analysis in the real world

    pptx16 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 647 | Lượt tải: 0

  • Chapter 10: International Trade PolicyChapter 10: International Trade Policy

    Chapter Goals Summarize some important data of trade Explain policies countries use to restrict trade Summarize the reasons for trade restrictions and why economists generally oppose trade restrictions Explain how free trade associations both help and hinder international trade

    pptx15 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 714 | Lượt tải: 0

  • Chapter 9: Comparative Advantage, Exchange Rates, and GlobalizationChapter 9: Comparative Advantage, Exchange Rates, and Globalization

    Chapter Goals Explain the principle of comparative advantage Explain why economists’ and laypeople’s views of trade differ Summarize the sources of U.S. comparative advantage and discuss some concerns about the future in the U.S. economy Discuss how exchange rates are determined and what their role is in equalizing trade flow

    pptx14 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 680 | Lượt tải: 0

  • Chapter 8: Market Failure Versus Government FailureChapter 8: Market Failure Versus Government Failure

    Chapter Goals Explain what an externality is and show how it affects the market outcome Describe three methods of dealing with externalities Define public good and explain the problem with determining the value of a public good to society Explain how informational and moral hazard problems can lead to market failure Explain why market failure ...

    pptx18 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 676 | Lượt tải: 0

  • Chapter 16: International Trade and Exchange RatesChapter 16: International Trade and Exchange Rates

    Trade Facts U.S. trade deficit in goods $646 billion in 2010 U.S. trade surplus in services $146 billion in 2010 Canada largest U.S. trade partner Trade deficit with China $273 billion in 2010 Dependence on oil

    ppt27 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 729 | Lượt tải: 0

  • Chapter 15: Interest Rates and Monetary PolicyChapter 15: Interest Rates and Monetary Policy

    Interest Rates The price paid for the use of money Many different interest rates Speak as if only one interest rate Determined by the money supply and money demand

    ppt24 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 705 | Lượt tải: 0