Monopolistic Competition
Über den Vortrag
Der Vortrag „Monopolistic Competition“ von James DeNicco ist Bestandteil des Kurses „Principles of Microeconomics (EN)“. Der Vortrag ist dabei in folgende Kapitel unterteilt:
- Attributes for a Monopolistic Competition
- Monopolistic Competition in Short and Long Run
- Monopolistic Competition and Societal Welfare
- Recap
Quiz zum Vortrag
Which of the following is NOT true about a monopolistically competitive market?
- Firms produce identical products.
- There are many firms competing for the same customers.
- The number of firms in the market adjust until economic profits are zero.
- Firms face a downward sloping demand curve.
For a monopolistic competition in the short run _______________, and in the long run _______________.
- price > average total cost ; price = average total cost
- price > average total cost ; price > average total cost
- price = average total cost ; price > average total cost
- price = average total cost ; price = average total cost
Dozent des Vortrages Monopolistic Competition
James DeNicco
Dr. DeNicco graduated from Drexel University in 2013. His primary field is Macroeconomics and his secondary field is Industrial Organization. His primary research interests are in Macroeconomics and applied Macroeconomics, especially the relationship between GDP growth and labor dynamics.
His focus is on jobless recovery, which explores the speed of recovery in unemployment rates post recession, controlling for GDP growth. He is currently an Assistant Professor at the University of Tampa, where he teaches both Macroeconomics and Microeconomics.
Dr. DeNicco also does work as a Research Associate for the Center for Labor Markets and Policy. In that role he has conducted extensive work with BLS and BEA data regarding estimation and forecasting techniques used by the Massachusetts Governor’s Office and the Rhode Island Department of Labor.
In addition, he collaborates on research identifying the determinants of successful transitions from high school to college and persistence in college, with the goal of identifying major transition barriers needing either program or policy intervention.
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