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Related lectures (32)
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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.
Optimal Dispatch of Power Generation Units
Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.
Basics of Markets: Demand Meets Supply
Explains how supply and demand determine market prices and quantities, and the importance of the market model in economics.
Energy Contracts & Market Mechanisms
Explores energy contracts, market clearing prices, and trading mechanisms in the energy sector.
Market Equilibrium: Price and Quantity
Explains how prices adjust to balance supply and demand in a stable market.
Basics: Market
Covers market equilibrium, price adjustments, social welfare, and the importance of the market model.
Regulating Market Externalities: Taxes vs. Quotas
Explores the efficiency of using quotas to internalize external costs in markets, focusing on pollution, taxes, and tradable quotas.
Market Imperfections: Land and Real Estate Economics
Examines market imperfections in land and real estate economics, highlighting the need for interventions to align market outcomes with societal goals.
Land Market Analysis
Analyzes the land market, investor willingness, market equilibrium, and economic impacts.
Real Estate Economics: Price Restrictions
Explores the effects of price restrictions in real estate markets on market efficiency and surplus redistribution.
