Loading...

Course Description

In this course you will examine the model of perfect competition and how it can be used to make business decisions. You will utilize this model of perfect competition to analyze both the short-run and long-run equilibriums and the impacts they can have on your organization. You will explore how firms have access to a multitude of specialized input that are limited and how those can be exploited for the benefit of your organization. Lastly, you will analyze two significant questions: Who in particular will reap the rewards when there are profits? And how large will the profits be? Finally, you will complete a graded project in which you draw relevant conclusions related to perfect competition and your firm.

These courses are required to be completed prior to starting this course:

  • Examining Scarcity and Opportunity Cost
  • Analyzing Price and Equilibrium
  • Conducting Market Analysis and Predicting Price

Faculty Author

Thomas Evans

Benefits to the Learner

  • Examine the model of perfect competition
  • Analyze economies of scale and the benefits and risks of specialization
  • Use the model of perfect competition to analyze both the short-run and long-run equilibriums
  • Analyze the inputs, costs, profits, and competition model of your own firm against the industry

Target Audience

  • New, emerging, and experienced leaders
  • Individuals seeking to expand their business management skills
  • Consultants
  • Analysts and researchers
  • Entrepreneurs

Accrediting Associations

Applies Towards the Following Certificates

Loading...
Enroll Now - Select a section to enroll in
Type
2 week
Dates
Jan 08, 2025 to Jan 21, 2025
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Apr 02, 2025 to Apr 15, 2025
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Jun 25, 2025 to Jul 08, 2025
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Sep 17, 2025 to Sep 30, 2025
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Dec 10, 2025 to Dec 23, 2025
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Required fields are indicated by .