Imperfect Competion and Welfare

Against the background of perfect competition and its welfare economic properties (part 1), the course deals (with the help of game theory) with models of imperfect competition, in particular monopoly, oligopoly and monopolistic competition (part 2).

For more details we refer to UNIGRAZonline.

Literature

  • Kurz, Heinz D. / Salvadori, Neri (1995): Theory of Production: A Long-Period Analysis, Cambridge: University Press.
  • Snyder, Christopher / Nicholson, Walter (2008): Microeconomic Theory, Baisc Principles and Extensions, 10th Edition, Mason: South-Western.
  • Mas-Colell, Andreu / Whinston, Michael / Green, Jerry (1995): Microeconomic Theory, Oxford: University Press.

Head of Institute

Univ.-Prof. Dr.

Michael Finus

Universitätsstraße 15/F4
8010 Graz

Phone:+43 316 380 - 3450

Staff

Bianca Watzke, M.A.

Phone:+43 316 380 - 7113

Irene Hye, M.A.

Phone:+43 316 380 - 3448