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Unit 13: Oligopoly

14. ‘Globalisation and high level of competition have resulted in oligopolies emerging in many Notes
market sectors’. Discuss with examples.

Answers: Self Assessment

1. Marginal 2. Imagined
3. raise 4. elastic
5. Variable 6. England

7. Bertrand’s 8. False
9. True 10. False
11. True 12. False
13. True 14. False
15. False

13.9 Further Readings

Books Dr. Atmanand, Managerial Economics, Excel Books
G.S. Maddala, Microeconomics: Theory and Application, Tata McGraw-Hill
N. Gregory Mankiw, Principles of Microeconomics, Harcourt College Publications

Samuel Bowles, Microeconomics: Behavior, Institutions and Evolution, Oxford

Online links http://tutor2u.net/economics/content/topics/monopoly/oligopoly_notes.htm
http://www.referenceforbusiness.com/encyclopedia/Oli-Per/Oligopoly.html
http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=oligopoly

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