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Unit: Imperfect competition

AP Micro: PRD (BI), PRD‑3 (EU)

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Possible mastery points
AP Micro: PRD (BI), PRD‑3 (EU), PRD‑3.B (LO), PRD‑3.B.1 (EK), PRD‑3.B.2 (EK), PRD‑3.B.3 (EK), PRD‑3.B.4 (EK)
AP Micro: PRD (BI), PRD‑3 (EU), PRD‑3.B (LO), PRD‑3.B.8 (EK), PRD‑3.B.9 (EK)
Level up on the above skills and collect up to 400 Mastery points
Level up on the above skills and collect up to 300 Mastery points
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Unit test

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About this unit

This unit introduces students to imperfectly competitive market structures: monopoly, monopolistic competition, and oligopoly. Topics include firm behavior and efficiency in imperfectly competitive settings and game theory.
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