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Monopolistic Competition - Note
(2010-12-18)
Introduction to the Theory of the Firm
(2010-08-02)
The competitive behavior of a firm depends upon the structure of the market in which it operates. This note first explains the concept of market structure and then sets out the analytical criteria for classifying market ...
Microeconomics for Management Students
(2010-06-03)
Microeconomics for Management Students
(2010-06-02)
Theory of Oligopoly
(2010-08-02)
This note elaborates the characteristics of oligopoly as a very complex type of market structure. In the real world, most large-scale manufacturing industries are oligopolistic. The essential characteristic of oligopoly ...
Pragmatic but not bold (critique of Union budget 1990-91)
(1990-09-28)
The latest budget . has been described by most
newspaper editors as "pragmatic:' and "bold." While
the basic approach underlying the budget is pragmatic,
it cannot be described as a "bold" budget. This paper
makes an ...
Theory of Monopolistic Competition
(2010-08-02)
As a model of market structure Chamberlain’s theory of monopolistic competition is quite complicated. For understanding the real world situation of manufacturing industries, however, it is much more useful than the model ...