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An exercise on understanding monopoly with an example
Here let us focus on applying the marginal principle to determine the profit-maximizing price of ...
Introduction to Monopoly
In this module we explore markets with a single seller, known as a monopoly market. Key Question...
Introduction to Microeconomics
Microeconomics A study of decisions of individuals and firms in relation to the scarcity of resou...
Endogenous growth theory & Autonomy and Governance
The Power of Economic Clusters and the Need for Urban Governance The rapid growth experienced by ...
Hindi-heartland
The Divergent Impacts of Liberalization and Regional Disparities in India The liberalization of t...
Trajectory of North India vs South India
Applying Economic Concepts to India's Development It's excellent that we're shifting our focus to...
Technology
The Dual Edge of Information and Communication Technology in Market Development As previously dis...
Culture
The Enduring Legacy: How Culture Shapes Economic Outcomes Beyond institutions, culture plays a si...
Institutions
The Primacy of Formal Institutions in Market Development Among the various perspectives on the dr...
Introduction to Institutions, Culture and Technology
Systemic Drivers of Economic and Market Development Over the past weeks, we've explored the trans...
Democratizing the market
The Delicate Nature of Market Development The analogy of a market as a garden aptly illustrates t...
Progress isn't Natural- History
The Unevenness and Fragility of Economic Development The Puzzle of Uneven Global Development T...
Introduction
The Challenges in Achieving Ideal Market Development The discussion revisits the three key ingred...
Business Trade Routes
The Early Modern Transformation: From Guilds to Markets in Northwestern Europe \The historical co...
Impersonal exchange
The Challenge of Opportunism and the Foundations of Trust in Markets We now addresse the fundamen...
Social Structure
The Divergence of Wealth: Modern vs. Traditional Economies and the Malthusian Trap The Stark Diff...
Transformation of Indian Business
India's Current Business Transformation: A Shift Towards Impersonal Exchange A Fundamental and Am...
Rise of Modern Business
The Triadic Nature of Contractual Exchange: Beyond Two Parties A crucial aspect of contractual ex...
Decline of Guilds
The Dawn of Global Trade and the Rise of Contractual Exchange in Atlantic Europe We'll now connec...
Traditional Business
The Ubiquity of Exchange with Strangers Let's see The pervasive nature of our interactions with s...