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Lecture
Market Dynamics: Social Welfare and Economic Models
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Related lectures (32)
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Market Regulation: External Benefits and Subsidies
Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.
Monopsony and Imperfect Competition
Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.
Economic Innovations
Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.
State Interventions on Markets: Price Fixation and Taxation
Explores state interventions in markets, focusing on price fixation, taxation, and monopolies.
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.
Monopoly and Market Power
Delves into monopoly, market power, price discrimination, and labor market dynamics.
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.
Imperfect Competition: Cartels and Oligopoly
Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.
Basics of Supply and Demand
Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.
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.
