Beschreibung
Microeconomics
The Microeconomics Video Course contains following topics (click on headline to show topic):
Basics of Supply and Demand
- The Supply Curve
- The Demand Curve
- shifting of curves (exogenous effects)
- The Market Equilibirum
- shortage and surplus
- substitute goods
- complementary goods
- calculation example and figure if market equilibrium
- Elasticity
- Price elasticity of demand and supply
- short and itong run elasticities
- cross-price elasticity
- calculation example of price elasticity of demand
Consumer Behaviour
- analysis of consumer behaviour
- preferences
- indifference curves
- marginal rate of substitution
- budget line
- marginal utility
- diminishing marginal utility
- optimal bundle of consumption
- utility function
- Lagrange Function with calculation examples
- normal goods
- inferior goods
- price consumption curve
- Engel curve
- substitution and income effect
- substitution and income effect calculation
- Giffen good
- consumer and producer surplus
- social welfare
Uncertainty in Consumer Behaviour
- risk
- expected value
- variance
- standard deviation
- risk averse, risk neutral , risk loving types
- risk premium
Production and Cost of Production
- production function
- isoquants
- analysis of short and long run
- marginal rate of technical substitution
- returns to scale
- sunk costs
- opportunity costs
- fix and variable costs
- cost in the short and in the long run
- isocost line
- cost minimization with fixed output level with Lagrange
- economies of scale & scope
- cost elasticity
Perfect Competition and Monopoly
- perfect competition with calculation example
- profit maximization in monopoly
- derivation of Lerner-Index
- formal and graphical illustration of a monopoly
- calculation example monopoly and deadweight loss
Imperfect Competition
- Oligopoly
- Nash-Equilibrium
- Cournot-Duopoyl with calculation example
- Stackelberg with calculation example
- Bertrand-Duopoly
- Prisoner’s Dilemma
Nur angemeldete Kunden, die dieses Produkt gekauft haben, dürfen eine Bewertung abgeben.
Bewertungen
Es gibt noch keine Bewertungen.