The birth and growth of firms. The
motives and methods of growth
Alternative motives for firms and links
Short run and long run.
Diminishing Marginal Returns and Economies of scale.
Comparing efficiency between the market structures.
Monopoly And The Public Interest
Measures of market concentration
Price discrimination in monopoly
Pricing and non-pricing strategies
The Labour Markets
Distribution of wealth
Influence of Trade Unions and monopsony employers
Regulation of privatised industries
Cost Benefit Analysis (CBA)