TAILIEUCHUNG - Lecture Microeconomics: Theory and applications (12/e): Chapter 16 - Browning, Zupan

Chapter 16 - Employment and pricing of inputs. In this chapter students will be able to: Explore the factors influencing the demand for an input by an individual competitive form, derive the market demand curve for an input by aggregating the demand curves of the various firms interested in hiring the input, investigate the general shape of an input supply curve,. | MICROECONOMICS: Theory & Applications By Edgar K. Browning & Mark A. Zupan John Wiley & Sons, Inc. 12th Edition, Copyright 2015 Chapter 16: Employment and Pricing of Inputs Prepared by Dr. Della Lee Sue, Marist College Learning Objectives Explore the factors influencing the demand for an input by an individual competitive form. Derive the market demand curve for an input by aggregating the demand curves of the various firms interested in hiring the input. Investigate the general shape of an input supply curve. Explain how the price and employment of inputs is determined in an industry. (continued) Learning Objectives (continued) Show how an input's price and employment level is determined in a multi-industry market. Examine input demand and employment by an output market monopoly. Define what is meant by monopsony in input markets. Explain the mathematics behind input demand by competitive and monopoly firms. THE INPUT DEMAND CURVE OF A COMPETITIVE FIRM Explore the .

• Kinh tế học
• Microeconomics theory
• Microeconomics applications
• Lecture Microeconomics
• Kinh tế vĩ mô
• Input demand curve
• Scope of microeconomic theory
• Normative analyses
• Consumer choice
• Theory of consumer choice
• Consumer choice theory
• Excise subsidies
• Game theory
• Economics of information
• Demand curves
• Supply curves
• Consumption choices
• Substitution effects
• Economic efficiency
• Competitive equilibrium
• Relating output to inputs
• Empirical estimation
• Cost of production
• Shortrun cost
• Profit maximization
• Perfectly competitive markets
• Competitive model
• Excise taxation
• Monopolist’s demand
• Marginal revenue curves
• Product pricing
• Monopoly power