Market Dynamics: Social Welfare and Economic Models

Related lectures (32)

Page 3 of 4

Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.

Covers bidding strategies, Game Theory, Nash equilibrium, system security, ancillary services, and market power in power systems.

Explains the concepts of supply, willingness to accept, and market dynamics, focusing on production costs and elasticity of supply.

Covers market failures, state interventions, public goods, externalities, and natural monopolies.

Explores real estate market dynamics, including supply, demand, equilibrium, and market disruptions.

Explores microeconomic principles, market equilibrium, state interventions, and the functioning of a pure market economy.

Covers demand analysis, focusing on willingness to pay, elasticity, and consumer behavior in response to price changes.

Explores market equilibrium, price regulation, demand and supply shifts, and social welfare.

Explores market equilibrium, price dynamics, and the 'green paradox' in economic policies.

Explores the transition to market competition in electricity supply, promoting efficiency and lower prices.