Classical economics

Related lectures (30)

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Discusses a model where investment in capital affects output dynamics and the current account.

Explores models of land pricing, conditions for high land prices, and the leverage effect between real estate and land prices.

Explores the approximated Boltzmann equation, classical laws, and energy transport.

Explains how prices adjust to balance supply and demand in a stable market.

Explores thought experiments with polarisation qubits of photons and the concept of superposition in Hilbert space.

Covers the economic principles of real estate, focusing on ownership costs versus renting and the concept of opportunity cost.

Covers the enhanced sensitivity of the LIGO gravitational wave detector using squeezed states of light.

Explores the path integral formalism in quantum mechanics and its application in quantum thermodynamics.

Covers the foundations and limitations of cost-benefit analysis, exploring decision rules, principles, and applications in public policy debates.

Covers dynamics in non-inertial frames, including velocity and acceleration transformations and the concept of apparent forces.