The Theory of the Firm

The Theory of the Firm

本课程是 Microeconomics Principles 专项课程的一部分

位教师：Dr. José J. Vázquez-Cognet

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深入了解一个主题并学习基础知识。

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9 小时完成

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您将学到什么

Learn to apply marginal returns to inputs, key firm costs, and cost changes over time.
Understand perfect competition, profit maximization, and profit-maximizing output.
Learn about market structures and distinguish marginal revenue in different firms for profitability assessment.
Explore welfare effects of market power, types of price discrimination, and its societal impact.

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作业

3 项作业

授课语言：英语（English）

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该课程共有3个模块

In this course, we will begin covering the theory of the firm. Economists call this "The Economics of the Lemonade Stand." And that title makes perfect sense, since the concepts we cover can be used by anyone, from someone owning a lemonade stand, to a car manufacturing company, to a hair salon, to a burrito stand, etc. We will continue our discussion of the firm by focusing on those firms working in a perfectly competitive (or competitive) environment.

Also, why is it that when you fly, the person sitting next to you in the plane probably paid a different price for the ticket than what you paid for it? And why does Starbucks charge so much for its coffee even though you can buy coffee at Dunkin’ Donuts for almost half of that price? We will finish our discussion of the firm by focusing on cases that should be more familiar to you than the perfect competition examples we have been using.

Welcome! This course we will begin covering the theory of the firm. Economists call this section, "The Economics of the Lemonade Stand." And that title makes perfect sense, since the concepts we cover can be used by anyone, from someone owning a lemonade stand, to a car manufacturing company, to a hair salon, to a burrito stand, etc.

涵盖的内容

9个视频1篇阅读材料1个作业1个讨论话题

9个视频总计64分钟

1.1. Introduction to Production 5分钟
2.1. Demonstration: The Production of Tennis Balls 7分钟
2.2. The Production Process at a Glance 9分钟
2.3. A Numerical Example: Cooks in the Kitchen 7分钟
3.1. Fixed, Variable, and Total Costs 6分钟
3.2. Marginal Costs 6分钟
3.3. Cost Curves 9分钟
4.1. Back to Black Dog 4分钟
4.2. Applications 10分钟

1篇阅读材料总计15分钟

Week 5 Overview 15分钟

1个作业总计30分钟

Week 5 Quiz 30分钟

1个讨论话题总计60分钟

Week 5 Discussion Questions 60分钟

Welcome! This module we continue our discussion of the firm by focusing on those firms working in a perfectly competitive (or competitive) environment.

涵盖的内容

10个视频1篇阅读材料1个作业1个讨论话题

10个视频总计75分钟

1.1. Introduction to Competitive Output 3分钟
2.1. The Maximizing Profit Assumption 4分钟
2.2. The Profit Equation 7分钟
2.3. The Profit Maximizing Rule 11分钟
3.1. Perfect Competition 6分钟
4.1. The Short-run Decision 8分钟
4.2. Long-run Competitive Output 11分钟
4.3. Using the Long-run Equilibrium Model 11分钟
4.4. The Long-run Supply Curve 11分钟
5.1. Conclusion to Competitive Output 3分钟

1篇阅读材料总计15分钟

Week 6 Overview 15分钟

1个作业总计30分钟

Week 6 Quiz 30分钟

1个讨论话题总计60分钟

Week 6 Discussion Questions 60分钟

So, why is it that when you fly the person sitting next to you in the plane probably paid a different price for the ticket than what you paid for it? And why does Starbucks charge so much for its coffee even though you can buy coffee at Dunkin’ Donuts for almost half of that price? This module we are finishing our discussion of the firm by focusing on cases that should be more familiar to you than the perfect competition examples we have been using.