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Lecture
Traffic Congestion Costs: Understanding External Costs
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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.
Market Regulation: External Costs and Social Optimum
Addresses market regulation, focusing on external costs, social optimum, and the role of taxes and subsidies in achieving efficient production levels.
Demand Analysis: Willingness to Pay and Elasticity
Covers demand analysis, focusing on willingness to pay, elasticity, and consumer behavior in response to price changes.
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.
Market Regulation: External Benefits and Subsidies
Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.
Economic Innovations
Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.
Market Regulation: Analyzing Surpluses and External Costs
Covers market regulation, focusing on surpluses, external costs, and the effects of taxes and subsidies on market outcomes.
Ramp Metering: Applications
Covers the concept and benefits of ramp metering, its implementation issues, and case studies from Amsterdam and Australia.
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Basics of Supply and Demand
Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.
