ECON 3200 Lecture Notes - Lecture 1: Perfect Competition, Monopolistic Competition, Joseph Schumpeter

• School: York University
• Department: Schulich School of Business
• Course: ECON 3200
• Professor: Andrey Stoyanov

Document Summary

All course material can be found for this course on moodle. Prerequisites: ap/econ 1000 3. 00 and ap/econ 1010 3. 00 or equivalents. The primary focus of the course is to examine real-world competitive behaviour, and as a consequence, to highlight the theoretical limitations of traditional microeconomic theories. Not only will we study different market structures, but we also will consider how these structures develop and evolve over time with the resulting implications for competitive behaviour. Three tests the first two tests will count for a maximum of 30% each of the total grade, and the final exam will count for 40% of the total grade. All the tests will be two hours in length. All three tests will require you to answer three of six questions: test 1: february 7, beginning at 14:30 (30%, test 2: march 7, beginning at 14:30 (30%, final exam: exam period in april (40%) There will be no make-ups for the two midterm tests.