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  2. Market structure - Wikipedia

    en.wikipedia.org/wiki/Market_structure

    Market structure makes it easier to understand the characteristics of diverse markets. The main body of the market is composed of suppliers and demanders. Both parties are equal and indispensable. The market structure determines the price formation method of the market.

  3. Factor market - Wikipedia

    en.wikipedia.org/wiki/Factor_market

    The definition of a monopsony is an economic market structure that comprises a sole purchaser of a particular good or service in the factor market. In comparison to a monopoly, the primary difference between the two market structures lies in the entities they control. A monopoly is a situation in which a single seller dominates the market.

  4. Market (economics) - Wikipedia

    en.wikipedia.org/wiki/Market_(economics)

    In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services, with or without money , is a transaction . [ 1 ]

  5. Outline of economics - Wikipedia

    en.wikipedia.org/wiki/Outline_of_economics

    Economics classes make extensive use of supply and demand graphs like this one to teach about markets. In this graph, S and D refer to supply and demand and P and Q refer to the price and quantity. The following outline is provided as an overview of and topical guide to economics:

  6. GCSE - Wikipedia

    en.wikipedia.org/wiki/GCSE

    The General Certificate of Secondary Education (GCSE) is an academic qualification in a range of subjects taken in England, Wales, and Northern Ireland, having been introduced in September 1986 and its first exams taken in 1988.

  7. Institutional economics - Wikipedia

    en.wikipedia.org/wiki/Institutional_economics

    Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior.Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other.

  8. Structure–conduct–performance paradigm - Wikipedia

    en.wikipedia.org/wiki/Structure–conduct...

    The structure–conduct–performance (SCP) paradigm, first published by economists Edward Chamberlin and Joan Robinson in 1933 [1] and subsequently developed by Joe S. Bain, is a model in industrial organization economics that offers a causal theoretical explanation for firm performance through economic conduct on incomplete markets.

  9. Industrial organization - Wikipedia

    en.wikipedia.org/wiki/Industrial_organization

    In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets. Industrial organization adds real-world complications to the perfectly competitive model, complications such as transaction costs , [ 1 ] limited information , and ...