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040 _cfsecg
041 _aeng
082 _a338.5
100 _aTouatte, Othmane
_eAuthor
245 0 _aHandout in Microeconomics2 /
_cOthmane Touatte
260 _aAlgiers :
_bUniversity of Algiers 3 Faculty of Economics Commercial Sciences and Management,
_c2025
300 _a89 paper,
_c12 cm
520 _aThe Microeconomics 2 course focuses on producer behavior, cost analysis, and firm decisions under different market structures. It begins with the theory of production, defining production and examining the factors of production, followed by detailed analysis of short-run and long-run production, including marginal and average products, diminishing returns, isoquants, and economies of scale. The course then covers cost theory, distinguishing between explicit and implicit costs and between accounting and economic profit, and explores the structure of costs in both the short run and long run. Finally, it analyzes how firms behave in various market forms, with particular emphasis on perfect competition, including profit maximization and supply decisions. The course concludes with a general revision and a final examination.
653 _aEconomics
653 _aMicroeconomics
653 _aProduction
710 _aUniversity of Algiers 3 Faculty of Economics Commercial Sciences and Management
_eScientific publisher
942 _cHANDOUT
999 _c41507
_d41507