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Course Content
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Consumption theory:Pragmatic approaches to demand theory, fixed elasticitied functions,dynamic models, utility function and lineer spending models, duality, theory of explained prefers, risk, uncertainity,choise and consumer behaviours,Technology and consumer behaviours, time and consumer behaviours, Firm theory:Production and cost theory,competitive and noncompetitive market structures,monopoly competitive markets, Oligopol markets; Cournot,Bertrand, Chamberlin, Edgeworth,Stackelberg, Sweezy. Game theory in oligopoly matket,Changes at firm behaviour forms in price and amount determining oligopoly models,capacity limits,product diversification, limit pricing,eridicating pricing,strategic firm behaviours,Cartel and firm integrations, Monopoly, game theory, Exchange, production, time, assets markets, equilibrium analysis, welfare, public goods, externalities, kowledge, mathematics, optimization.
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