FINAL PAPER Economics for Business Case Study: Oligopoly in Indonesian Cement Industry BRIEF CONTENTS CHAPTER I: PREFACE..…………………………………………………………………..….. 2 1.1. Background ...………………………………………………………………………….. 2 1.2 Identification Problem……………………………………………………....................... 3 CHAPTER II: BASIC CONCEPT AND CHARACTERISTIC …………….............................. 4 2.1 Basic Concept of Oligopoly ……………………………………….................................. 4 2.2 Models of Oligopoly Competition ......…………………………….................................. 4 2.2 The Advantages and Disadvantages of Oligopoly Competition ....................................... 5 CHAPTER III: ANALYSIS .......................................................…………….............................. 6 3.1 Oligopoly of Indonesian Cement Industry ….................................................................... 6 3.2 Competition in Indonesian Cement Industry …................................................................ 9 3.3 Pricing Strategy in Oligopoly ......................................................................................... 10 3.4 Government Policy .......................................................................................................... 11 CHAPTER IV: CONCLUSION AND RECOMMENDATION .………….............................. 13 4.1 Conclusion ….................................................................................................................. 13 4.2 Recommendation …........................................................................................................ 13 REFERENCES ………….......................................................................................................... 14 Economic for Business: Oligopoly in Indonesian Cement Industry Page 2 CHAPTER I PREFACE 1.1 Background Cement is a strategic industry in Indonesia as this industry