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Related lectures (32)
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Market Economy: Equilibrium and State Interventions
Explores microeconomic principles, market equilibrium, state interventions, and the functioning of a pure market economy.
Monopoly and Market Power
Delves into monopoly, market power, price discrimination, and labor market dynamics.
Demand & Supply: Understanding Economic Behavior
Explores the core principles of demand and supply in economics, including marginal benefit, willingness to pay, and market demand.
Cost-Benefit Analysis: Park Visits
Explores cost-benefit analysis, consumer behavior, market equilibrium, and oil price effects.
Introduction to Demand: Optimizing Agents and Willingness to Pay
Covers optimizing agents and the transition from willingness to pay to demand.
Bidding Strategies: Game Theory & Market Power
Covers bidding strategies, Game Theory, Nash equilibrium, system security, ancillary services, and market power in power systems.
Reducing Emissions: Cost Analysis and Maximizing Profit
Explores cost analysis to reduce emissions and maximize profit through optimal measures.
Understanding Tariffs Impact
Explores supply and demand basics, consumer and producer welfare under tariffs, and equilibrium price adjustments.
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.