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Related lectures (31)
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Understanding Demand in Economics
Explores the concept of demand in economics and factors influencing willingness to pay, discussing resource allocation mechanisms.
Labor and Firm Theory
Explores labor theory, firm productivity, and decentralized economic equilibrium in macrofinance.
Economic Experiments and Innovation
Explores economic experiments, innovation, institutions, and funding mechanisms in the real economy.
Choice Theory: Theoretical Foundations
Covers the theoretical foundations of choice theory, decision makers, alternatives, attributes, decision rules, utility, and behavioral assumptions.
Customer Marketing Strategies
Explores consumer buying process, loyalty, segmentation, targeting, and positioning in marketing, with examples from the U.S. premium wine market.
World of Data: Machine Learning and Value Chain
Delves into machine learning, data insights, and commercial value in the digital world.
The Term Structure of Interest Rates
Analyzes the pricing of bonds with different maturities and the consumer budget constraint.
Market Dynamics: Social Welfare and Economic Models
Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.
Market Regulation: Willingness to Pay and Accept
Covers willingness to pay, willingness to accept, market equilibrium, and the impact of external costs on production and total surplus.
Cost-Benefit Analysis: Park Visits
Explores cost-benefit analysis, consumer behavior, market equilibrium, and oil price effects.