Topics to be covered:

1.MARKET STRUCTURES
- (Recap of the perfect Competitive market structures which we had already covered.)
-Monopoly and monopolistic competition,
-Oligopoly and Oligopoly models,
- Game theory

2. GENERAL EQUILIBRIUM
- Efficiency in consumption and production
-Concept of Edgeworth box diagram and its applications

3. EXTERNALITIES
-Externalities
-Private and public remedies to externalities