- DESCRIPTION
- INDEX
In the text book of ‘Economics of Market Structure and Factor Pricing’. The market competition base types of perfect competition, Monopoly, Monopolistic competition, Oligopoly and Duopoly firms and Industries behavior are different when there is perfect competition or Imperfect competition in the market. In any market firms and Industries minimization in factors cost and to maximization in profit and output.
Along with production, the factors of production are land, labour, capital, entrepreneurs combination are use in the form of volume, rent, wages, interest and profit. That is like to the determination items the price of factors of production is fixed.
In this textbook all these main and sub-topics have been presented in simple and easy language with diagram. This textbook will be definitely useful for Students, Friends, Professors, Readers and Scholars.
1. Monopoly
Meaning, Definition & Features
Short Run & Long Run Equilibrium of Firm
Price Discrimination: Meaning, Definition & Features
Types of Price Discrimination
Essential Conditions for Price Discrimination
Dumping
2. Monopolistic Competition
Meaning, Definition & Features
Product Discrimination
Short Run Equilibrium of Firm Under Monopolistic Competition
Long Run Equilibrium of Firm Under Monopolistic Competition
3. Oligopoly
Meaning, Definition & Features
Price Determination Under Oligopoly
The Kinked Demand Curve
4. Duopoly Market
Meaning, Definition & Features
Price Determination
Stackleberg & Bertrand Model
Monopsony
5. Factor Pricing – I
The Theory of Distribution
Rent: Meaning & Definition
Ricardo Theory of Rent
Wage: Meaning & Definition
Causes of Wages In Different Occupations
The Theories of Wages
6. Factor Pricing – II
Interest: Meaning & Definition
Loanable Funds Theory of Interest
Liquidity Preference Theory of Interest
Profit : Meaning & Definition
Dynamic Theory of Profit
Schumpeterian Innovation Theory of Profit
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