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Summary ECO2003F: Monopolies and Oligopolies

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Detailed and understandable summary on Monopolies and Oligopolies. Packed with graphs and colourful hints. Contains: - Theory of monopolies - Formula of demand curve, marginal revenue and elasticity - The 5 types of price discrimination - All example types on maximising profit - Theory on oligopolies - Nfirm Ratio test - Herfindal Hirshman Index - Game theory incorporation - **Detailed worked examples Cournot, Stackelberg and Bertrand oligopoly models

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I\'m a second year actuarial student at UCT. I achieved a 90% aggregate in matric (IEB), with 97% for maths (top 1% in the country), 93% for physics, 95% for business studies and 85% for advanced maths. I\'m here to help you succeed in all your matric and actuarial courses with high yield and easily understandable summaries & problem sheets. I look forward to working with you!

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