Intermediate Microeconomics: The Market for Productive Resources

Overview/Description
To describe the market for productive resources, highlighting monopolistic markets, monopsony and vertical integration, and to explain how to calculate present and future values, and make investment decisions

Target Audience
Managers and prospective managers seeking to understand the theories and practice of consumer behavior and demand, and of production, cost, and supply

Prerequisites
A familiarity with basic economics

Expected Duration
4:00 Hours

Objectives:

Intermediate Microeconomics: The Market for Productive Resources

  • To discuss factor markets and the effects of monopolistic markets on firms and consumers
  • To introduce monopsony and vertical integration
  • To show how to calculate present and future values
  • To describe the factors that affect investment decisions


    • Course Number: KME28SE