Quantcast
Channel: The Bad Economist » equilibrium
Browsing all 3 articles
Browse latest View live

Image may be NSFW.
Clik here to view.

Equilibrium in Macroeconomics

One of the things macroeconomists focus on quite a bit is calculating equilibrium conditions, or equilibria. Sometimes these account for random shocks or long-term growth – these have names like...

View Article



Image may be NSFW.
Clik here to view.

Duopoly and Cournot Equilibrium

A few days ago, we discussed perfectly competitive markets; yesterday, we talked about monopolistic markets. Now, let’s expand into a case in between – a duopolistic, or two-seller, market. This is...

View Article

Image may be NSFW.
Clik here to view.

Evaluating Different Market Structures

Market structures, like perfect competition, monopoly, and Cournot competition have different implications for the consumer and the firm. Measuring the differences can be very informative, but first we...

View Article
Browsing all 3 articles
Browse latest View live




Latest Images