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08:32
Labour / Leisure Budget Constraint with Non-Labour Income (Practice Problem)
06:53
Explaining why MRS = |Slope of Indifference Curve|
06:56
Why MRS = MUx/MUy (Equation for Marginal Rate of Substitution)
13:28
Comparing First, Second and Third Degree Price Discrimination
05:39
Finding MRS with Cobb Douglas Utility (example problem)
08:02
Third Degree Price Discrimination and Price Elasticity of Demand Practice Problem
08:03
Third Degree Price Discrimination
14:58
Solow Swan: Algebraic Set up and Solutions (no technology)
03:00
Savings Equals Investment in a Closed Economy
06:55
Taking Logs and Derivatives: Example and Explanation
04:49
Marginal Product of Capital (MPK) (Continuous)
06:52
Marginal Product of Capital (MPK) (Discrete Case including note on Diminishing Marginal Product)
04:33
Example of Finding Cross Price Elasticity of Demand with ARC (Midpoint) Formula
05:25
Practice Problem: Value Added Approach to GDP
05:35
Value Added Approach to Measuring GDP (Gross Domestic Product)
09:50
What Makes a Game a Prisoner's Dilemma?
13:41
The Prisoner's Dilemma
05:41
The Income Approach to Measuring GDP
07:31
Solving a 3x3 Game Matrix (Nash Equilibrium, Dominant Strategies, Dominance Between Strategies)
18:58
The Expenditure Approach to Measuring GDP (+ Special Note on Housing)
08:10
Strict and Weak Dominance in Game Theory
11:54
Game Theory Practice Problem: Simultaneous to Extensive Form; First Mover Advantage
07:17
Circular Flow Diagram: Output = Income = Expenditure
09:25
Defining Gross Domestic Product
05:15
Absolute Advantage
07:52
Comparing Two Ways of Defining Absolute Advantage
10:51
Practice Problem Second Degree Price Discrimination Menu Pricing
15:01
Participation and Incentive Compatibility Constraints in Menu Pricing
10:46
Practice Problem: Market Equilibrium and Welfare in Perfect Competition (when Price is the Subject)
10:56
Second Degree Price Discrimination as Menu Pricing
04:27
Practice Problem: Finding Price with Elasticity and Marginal Cost
11:03
Finding Minimum Average Variable Costs - Theory and Practice Problem
09:23
Practice Problem: Bundling as First Degree Price Discrimination
09:51
Practice Problem - Two Part Tariff - First Degree Price Descrimination
09:37
Practice Problem: Perfect (1st Degree) Price Discrimination, Setting P=WTP
14:30
First Degree Price Discrimination
10:49
An Introduction to Price Discrimination as a Pricing Strategy
18:00
Perfect Competition Practice Question | Short Run to Long Run | Number of Firms in Industry
01:05
Finding Average Total Costs (ATC) from Total Cost (TC) Function
02:29
Finding Average Variable Costs (AVC) from Total Costs (TC)
07:33
Practice Problem: Finding Long Run Price and Firm quantity in Perfect Competition
06:10
Firm Short Run Supply Curve (as Marginal Cost)
12:17
Long Run Equilibrium in Perfect Competition (with Adjustment)
07:26
Profit Maximisation in Perfect Competition
12:18
Practice Problem: Shutdown / Exit and Entry in Short and Long Run in Perfect Competition
09:57
The Short-Run Shut-Down versus the Long-Run Exit/Entry Decision in Perfect Competition
04:58
Public Goods versus Private Goods
09:08
Horizontal Versus Vertical Summation with Demand Schedules
06:02
Positive Production Externality Diagram for a Monopoly (including DWL)
07:10
Negative Consumption Externality Diagram for a Monopoly (including DWL)
05:57
Positive Consumption Externality Diagram for a Monopoly (including DWL)
10:56
Demonstrating Gains From Specialisation and Trade
03:28
Drawing PPF's (from information about productivity)
06:48
Why some PPF's are Curved
10:58
The Kinked Demand Model of Oligopoly
05:28
Why the Slope of the PPF is equal to Opportunity Cost
06:11
Practice Problem: Firm and Market Equilibrium in Perfect Competition
11:32
Understanding Consumer Surplus, Producer Surplus and Deadweight Loss (Connecting to Trade)
14:17
Monopoly Equilibrium and Welfare Analysis
10:16
Practice Problem: The Welfare Implications of a Price Floor