MIT 14.01 Principles of Microeconomics, Fall 2023 - Lec 12: Monopoly II

Master the Market: Dive Deep into Microeconomics with MIT! Explore supply & demand, competition, trade, and more to gain a comprehensive understanding of economic principles and policies. Unlock the power of economic decisions and their global impact!

4.0 (1)

20 learners

What you'll learn

Understand the foundational concepts of supply, demand, and market equilibrium
Apply consumer and producer theory to analyze market behavior
Evaluate the impacts of market structures such as competition, monopoly, and oligopoly
Analyze the role of government in taxation, redistribution, and externalities in the economy

This course includes

20.3 hours of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

14-01-principles-of-microeconomics-fall-2023 contest market structure markets microeconomics monopoly natural monopolies

Full Transcript

MIT 14.01 Principles of Microeconomics, Fall 2023 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/14-01F23 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP60V7HxLYRaJMbFzP77bzEjb In this lecture, Prof. Gruber continues the discussion on monopolies. Topics include: the origin of monopolies; addressing monopolies; and contestable markets. Keywords: monopoly, markets, contest, microeconomics, market structure, natural monopolies License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.

Continue this lesson in the app

Install CourseHive on Android or iOS to keep learning while you move.

Related Courses

Ultimate Guide to Free Music Production Mastery

Unlock Your Musical Potential: Dive into our FREE Complete Music Production Course! Master the art of music creation, from software basics to advanced techniques—everything you need to produce professional-quality tracks. Start your musical journey today!

⭐ 4.9

12 ratings

9.5 hours

Beginner's Guide to Web Design: Complete Course

Master Web Design: From Basics to Brilliance with Flux Academy's Comprehensive Free Course!

⭐ 4.2

11 ratings

7.3 hours

Research Methodology_Prof. Soumitro Banerjee

⭐ 4.0

3 ratings

30.3 hours

Affiliate Marketing Full Free Course (New Updated) by WsCube Tech

Embark on Your Affiliate Marketing Journey: Master Skills, Boost Earnings & Unlock Success with WsCube Tech's Comprehensive Step-by-Step Guide – Learn to Earn Big from Top Niches and Strategies, Whether You're a Beginner or Pro!

⭐ 5.0