# Introduction to Market Structures

- Institution: IIT Guwahati
- Department: Humanities and Social Sciences
- Teacher: Prof. Amarjyoti Mahanta
- Level: Undergraduate
- Language: English
- Subjects: Society and politics
- Source: [NPTEL](https://nptel.ac.in/courses/109103187)
- Licence: [CC BY-NC-SA](https://nptel.ac.in/faq) (Non-commercial use only.)
- Syllabus: [at the source](https://nptel.ac.in/courses/109103187)
- Who can watch: Teens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

This course deals with the study of market structures in economics. The study of market structures helps us to understand the pricing of goods and services in the market. Based on toy models, we will study how the price of a good changes with the changes in the market structure.

This course can be considered as economic application of game theory. The main tool used to address the questions is game theory. A small component of the course will also be devoted to game theory.

The different strategies used by the firms to out compete the rivals, avoid competitions, etc will be introduced in the course.

Intended audience: PG and UG (Advanced), BTech

Prerequisites: Calculus and little bit of familiarity with optimization

## Lectures

1. [Lec 1: Introduction to Industrial Organization, Preferences](https://invisiblenetwork.ai/learn/nptel/109103187/a465f7702543) (YouTube)
2. [Lec 2: Utility maximization and derivation of demand curve](https://invisiblenetwork.ai/learn/nptel/109103187/e7ba92d9bacd) (YouTube)
3. [Lec 3: Examples of utility maximization, demand curve and market demand curve](https://invisiblenetwork.ai/learn/nptel/109103187/a31e1e72fca0) (YouTube)
4. [Lec 4: Tutorial Module 1](https://invisiblenetwork.ai/learn/nptel/109103187/92b799a682f8) (YouTube)
5. [Lec 5: Production Function](https://invisiblenetwork.ai/learn/nptel/109103187/a157db5df9f1) (YouTube)
6. [Lec 6: Cost minimization problem](https://invisiblenetwork.ai/learn/nptel/109103187/9f3af4a07bfc) (YouTube)
7. [Lec 7: Derivation of cost curves](https://invisiblenetwork.ai/learn/nptel/109103187/db9b0894bd47) (YouTube)
8. [Lec 8: Tutorial on Production and cost curves](https://invisiblenetwork.ai/learn/nptel/109103187/c7d31b1bb330) (YouTube)
9. [Lec 9: Optimal output and supply curve of a firm](https://invisiblenetwork.ai/learn/nptel/109103187/3850f6132c9e) (YouTube)
10. [Lec 10: Derivation of market price in a perfectly competitive market and outcome in Long run](https://invisiblenetwork.ai/learn/nptel/109103187/89dc2d7d99d6) (YouTube)
11. [Lec 11: Long run outcome and perfectly competitive market outcome is Pareto optimal](https://invisiblenetwork.ai/learn/nptel/109103187/b8b64be3abfb) (YouTube)
12. [Lec 12: Tutorial on Perfectly Competitive Market](https://invisiblenetwork.ai/learn/nptel/109103187/51f2b86213ca) (YouTube)
13. [Lec 13: Derivation of Monopoly output and price](https://invisiblenetwork.ai/learn/nptel/109103187/46b173cca630) (YouTube)
14. [Lec 14: Price Discrimination I](https://invisiblenetwork.ai/learn/nptel/109103187/e6413cf314cb) (YouTube)
15. [Lec 15: Price discrimination II and III](https://invisiblenetwork.ai/learn/nptel/109103187/dc1e2193d126) (YouTube)
16. [Lec 16: Tutorial on monopoly](https://invisiblenetwork.ai/learn/nptel/109103187/04a7a97d4f50) (YouTube)
17. [Lec 17: Introduction to Game Theory and Iterated elimination of dominated strategies](https://invisiblenetwork.ai/learn/nptel/109103187/b7116a16f9fe) (YouTube)
18. [Lec 18: Pure Strategy Nash equilibrium](https://invisiblenetwork.ai/learn/nptel/109103187/5e431583a5fe) (YouTube)
19. [Lec 19: Mixed Strategy Nash equilibrium](https://invisiblenetwork.ai/learn/nptel/109103187/320a0b556f85) (YouTube)
20. [Lec 20: Existence of Nash equilibrium in a game of 2 players and 2 strategies](https://invisiblenetwork.ai/learn/nptel/109103187/dc7012f0de54) (YouTube)
21. [Lec 21: Tutorial on Static Games of Complete Information](https://invisiblenetwork.ai/learn/nptel/109103187/73b98e07016f) (YouTube)
22. [Lec 22: Dynamic Games and Backward Induction](https://invisiblenetwork.ai/learn/nptel/109103187/e7412a1915a9) (YouTube)
23. [Lec 23: Subgame Perfect Nash Equilibrium](https://invisiblenetwork.ai/learn/nptel/109103187/58877b88c42e) (YouTube)
24. [Lec 24: Tutorial on Dynamic Games of Complete Information](https://invisiblenetwork.ai/learn/nptel/109103187/95d0cfd5aab4) (YouTube)
25. [Lec 25: Cournot Duopoly](https://invisiblenetwork.ai/learn/nptel/109103187/cef414d9953e) (YouTube)
26. [Lec 26: Cournot Oligopoly](https://invisiblenetwork.ai/learn/nptel/109103187/6841368eb2b2) (YouTube)
27. [Lec 27: Tutorial on Cournot Competition](https://invisiblenetwork.ai/learn/nptel/109103187/6394e9b260a5) (YouTube)
28. [Lec 28: Bertrand Competition with and without Fixed Cost](https://invisiblenetwork.ai/learn/nptel/109103187/0c87126753cd) (YouTube)
29. [Lec 29: Bertrand Competition with Capacity Constraint](https://invisiblenetwork.ai/learn/nptel/109103187/9a364d3019a7) (YouTube)
30. [Lec 30: Bertrand Competition with Capacity Constraint](https://invisiblenetwork.ai/learn/nptel/109103187/65d1aea81310) (YouTube)
31. [Lec 31: Tutorial on Bertrand Competition](https://invisiblenetwork.ai/learn/nptel/109103187/29593118d71c) (YouTube)
32. [Lec 32: Bertrand Competition with decreasing returns to scale](https://invisiblenetwork.ai/learn/nptel/109103187/0ae4c435e41d) (YouTube)
33. [Lec 33: Stackelberg Quantity Competition](https://invisiblenetwork.ai/learn/nptel/109103187/27830bd25d45) (YouTube)
34. [Lec 34: Tutorial on Bertrand Competition and Stackelberg Quantity Competition.](https://invisiblenetwork.ai/learn/nptel/109103187/406f6659d7f4) (YouTube)
35. [Lec 35: Stackelberg Price Competition](https://invisiblenetwork.ai/learn/nptel/109103187/8cd9bf5c5078) (YouTube)
36. [Lec 36: Simultaneous move Hotelling Model](https://invisiblenetwork.ai/learn/nptel/109103187/c6bf93c2046b) (YouTube)
37. [Lec 37: Tutorial on Stackelberg Price Competition](https://invisiblenetwork.ai/learn/nptel/109103187/e7d7bb2aeb58) (YouTube)
38. [Lec 38: Sequential Move Hotelling Model](https://invisiblenetwork.ai/learn/nptel/109103187/d33f806b2635) (YouTube)
39. [Lec 39: Dixit's Model of Entry Deterrence](https://invisiblenetwork.ai/learn/nptel/109103187/5ef5fdb2766e) (YouTube)
40. [Lec 40: Tutorial on Sequential move Hotelling Model](https://invisiblenetwork.ai/learn/nptel/109103187/715fb9a1c3f3) (YouTube)
41. [Lec 41: Dixit's Model of Entry Deterrence](https://invisiblenetwork.ai/learn/nptel/109103187/0a0da8885a53) (YouTube)
42. [Lec 42: Bundling and Tying of Products](https://invisiblenetwork.ai/learn/nptel/109103187/0f5a220fbb7a) (YouTube)
43. [Lec 43: Tutorial on Dixit's Model of Entry Deterrence](https://invisiblenetwork.ai/learn/nptel/109103187/e33946711631) (YouTube)