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Consortium for Mathematics and its Applications

Product ID: 99518
Supplementary Print
Undergraduate

An Application of Calculus in Economics: Oligopolistic Competition (UMAP)

Author: Donald R. Sherbert


In this module some of the elementary models for duopolies that utilize calculus are examined.

Table of Contents:

1. INTRODUCTION

2. THE COURNOT MODEL

3. THE CHAMBERLIN MODEL

4. DUOPOLIES, REACTION CURVES

5. THE LEADER-FOLLOWER MODEL

6. SAMPLE TEST

7. SOLUTIONS TO EXERCISES

8. SOLUTIONS TO SAMPLE TEST

REFERENCES

©1987 by COMAP, Inc.
UMAP Module
16 pages

Mathematics Topics:

Calculus

Application Areas:

Business & Economics

Prerequisites:

Partial derivatives; maximum values of functions of several variables.

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