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Related lectures (12)
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Role of the State in Market Economy
Explores the state's role in market economy, resource allocation, income redistribution, and consumer optimization.
Consumer Preferences: Optimal Choices and Economic Effects
Explores consumer preferences, optimal choices, labor supply, and saving supply in microeconomics.
Intertemporal Trade: SOE Allocation
Explores intertemporal trade and SOE allocation with financial autarky, focusing on interest rate effects on consumption and welfare gain.
Risk Aversion and Complete Markets
Explores risk aversion, complete markets, and optimal behavior in macro-finance models.
Production Factors Analysis: Short vs Long Run
Analyzes production factors in short and long run, isoquants, market equilibrium, and consumer surplus.
Departure Time Choice: Modeling and Equilibria
Covers departure time choice in transportation systems and optimal pricing strategies.
Supply Elasticity and Production Factors
Explores price elasticity of supply, production factors, and optimal choices in production.
Introduction to Demand: Optimizing Agents and Willingness to Pay
Covers optimizing agents and the transition from willingness to pay to demand.
Demand Analysis: Willingness to Pay and Elasticity
Covers demand analysis, focusing on willingness to pay, elasticity, and consumer behavior in response to price changes.
Nonparametric Estimation: Empirical Likelihood Approach
Explores nonparametric estimation using the empirical likelihood approach and discusses the computation of probabilities and empirical estimation.