Managerial Economics

CLA 1 Comprehensive Learning Assessment – CLO 1, CLO 3, CLO 5

Read your textbook (Chapters 1-7) and use seven peer reviewed publications and write an APA formatted paper of minimum five (5) pages about the following:

  – Explain the Five Forces Framework and Industry Profitability of Michel Porter.

  – Describe the four market structures of Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly.

  – Analyze the relation between the five forces and different market structures.

  – Apply your understanding in the evolution of the market in the computer industry (Page 223).

Note:

1. Paper needs to be formatted in APA 7th edition

2. Minimum 5 Pages

3. Provide your explanations and definitions in detail and be precise.

4. Provide work in detail and explain in your words. 

5. Provide references for content when necessary. Support your statement with peer-reviewed in-text citations and references.

6. Need to have at least 7 peer-reviewed articles as the references (Recommend to find the articles from ProQuest), which should include the source of the data. Data and table also needs to have in-text citations.

7. Need to include textbooks as references.

8. Please find the textbook and class PPTs in the attachment section.

9. Comment on your finding.

10.  Textbook Information:

Bowerman, B., Drougas, A. M., Duckworth, A. G., Hummel, R. M. Moniger, K. B., & Schur, P. J.  (2019). Business statistics and analytics in practice (9th ed.). McGraw-Hill

ISBN 9781260187496

8. Please find the Course Learning Outcome list of this course in the attachment