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Lecture
Value of Innovation
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Related lectures (32)
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Economic Innovations
Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.
Market Regulation: External Benefits and Subsidies
Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.
Real Estate Market Dynamics
Explores real estate market dynamics, including supply, demand, equilibrium, and market disruptions.
Supply Dynamics: Understanding Willingness to Accept
Explains the concepts of supply, willingness to accept, and market dynamics, focusing on production costs and elasticity of supply.
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 Failures: Negative Externalities
Explores market failures due to negative externalities and distorted incentives, offering strategies for addressing these issues.
Imperfect Competition: Cartels and Oligopoly
Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.
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.
State Interventions on Markets: Price Fixation and Taxation
Explores state interventions in markets, focusing on price fixation, taxation, and monopolies.
Optimal Dispatch of Power Generation Units
Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.