05-10-2014, 01:09 PM
Economic analysis for business market structure notes
Code - BA 8102
Subject name - Economic analysis for business
University - Anna university & Affiliated colleges
Degree - MBA(common to FT/PT/TSM)
Branch - Common to all Branches
Subject name - Economic analysis for business
University - Anna university & Affiliated colleges
Degree - MBA(common to FT/PT/TSM)
Branch - Common to all Branches
Semester - I
Market Structure
Market structure – identifies how a market
is made up in terms of:
– The number of firms in the industry
– The nature of the product produced
– The degree of monopoly power each firm has
– The degree to which the firm can influence price
– Profit levels
– Firms’ behaviour – pricing strategies, non-price competition, output levels
– The extent of barriers to entry
– The impact on efficiency
Market structure – identifies how a market
is made up in terms of:
– The number of firms in the industry
– The nature of the product produced
– The degree of monopoly power each firm has
– The degree to which the firm can influence price
– Profit levels
– Firms’ behaviour – pricing strategies, non-price competition, output levels
– The extent of barriers to entry
– The impact on efficiency
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