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Institution:
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Reed College
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Subject:
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Description:
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Full course for one semester. In this course we study imperfect competition and the policy responses to it that economists often prescribe. These responses generally fall into two categories: regulation and antitrust. We will introduce models to explain and predict firm behavior, and apply them to the telecommunications, electricity, airlines, and computer industries, among others. Topics include natural monopoly, optimal and actual regulatory mechanisms, deregulation, mergers, predatory pricing, and monopolization. Prerequisite: Economics 201. Conference. Not offered 2009-10.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(503) 771-1112
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Regional Accreditation:
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Northwest Commission on Colleges and Universities
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Calendar System:
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Semester
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