Random Fact

Malaysia has a labor force of nearly 13 million people and a real GDP growth rate of 5.6% (CIA World Fact Book, 2012).

Unit 8: Monopolistic Competition and Oligopoly

Introduction
Section 1: Characteristics of a Monopolistically Competitive Industry
Section 2: Short-Run and Long-Run Profit Maximization for a Firm in Monopolistic Competition
Section 3: Characteristics of an Oligopoly Industry
Section 4: Oligopoly and Game Theory
Test Your Knowledge!