Y1 - Micro economics

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Lectures

Week 2

Erasmus Universiteit · International Business Administration

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Session 4: Economics
The competitive environment
A perfect competitive market
Supply in the short run
Supply in the long run
Session 5: Economics
Introduction
Market power and monopoly
Profit maximization
Marginal revenue
Profit maximization in 3 steps
A markup
Lerner index
Session 6: Economics
Pricing strategy
Benefit of differential pricing
Pricing strategies

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