The Firm and Market Structures - Economics for CFA Level I

Learn essential concepts of market structures and firm behavior in this comprehensive economics video lecture designed for CFA® Level I exam preparation. Master key topics including breakeven analysis, shutdown points, economies of scale, and various market structures from perfect competition to pure monopoly. Explore supply-demand relationships in monopolistic competition and oligopoly, focusing on optimal pricing strategies and output determination. Develop skills to identify different market structures and understand the applications and limitations of concentration measures. Gain practical insights into how firms operate under different competitive conditions while preparing for the economics portion of the 2024/2025 CFA® Level I examination.