All episodes of Principles of Microeconomics, Winter 2013

Principles of Microeconomics, Winter 2013

Episodes

Lecture 17: Covers Chapter 13 of Krugman's Principles of Microeconomics. A look at the structure of firms who operate as a monopoly. A discussion of how market power can allow for long run profit.

Published 03/14/13

Perfect Competition

Lecture 16: Covers Chapter 12 of Krugman's Principles of Microeconomics. A look at perfect competition in the short and long run.

Published 03/12/13

Theory of the Firm 2

Lecture 15: Covers Chapter 12 of Krugman's Principles of Microeconomics. A look at how perfect competition works and the attributes of the perfectly competitive market.

Published 03/07/13

Theory of the Firm

Lecture 14: Covers Chapter 11 of Krugman's Principles of Microeconomics. A look at the nature of cost curve structure and the product curves.

Published 03/05/13

The Welfare State

Lecture 13: Covers Chapter 18 of Krugman's Principles of Microeconomics. A detailed analysis of the welfare state and the results of government welfare policy.

Published 02/26/13

Public Goods

Lecture 12: Covers Chapter 17 of Krugman's Principles of Microeconomics. An introduction to public goods and the free rider problem.

Published 02/21/13

Market Externalities 2

Lecture 11: Covers Chapter 16 of Krugman's Principles of Microeconomics. A more detailed approach to externalities. Covers four possible solutions to negative eternalities.

Published 02/19/13

Market Externalities

Lecture 10: Covers Chapter 16 of Krugman's Principles of Microeconomics. An overview of externalities, focusing primarily on negative externalities.

Published 02/14/13

Economic Costs

Lecture 9: Covers Chapter 9 of Krugman's Principles of Microeconomics. An introduction to costs.

Published 02/12/13

Excise Taxes

Lecture 8: An Introduction to Taxes. Covers Chapter 7 of Krugman-Principles of Microeconomics. Specifically focuses on excise taxes and the graphical depiction of the tax wedge.

Published 02/05/13

Elasticity

Lecture 7: Covers Chapter 6 of Krugman-Microeconomics. An overview of elasticity in it's various forms.

Published 01/29/13

Price Floors and Price Ceilings

Lecture 6: Covers chapter 5 of Krugman's Principles of Microeconomics. Building off of Lecture 5, Professor Hoynes explores how price floors and price ceilings impact surplus in the market.

Published 01/24/13

Consumer Surplus and Producer Surplus

Lecture 5: Covers Chapter 4 of Krugman-Microeconomics. An explanation of consumer and producer surplus, continuing topics from lecture 4.

Published 01/22/13

S&D Shifters and Willingness to Pay

Lecture 4: Finishes Chapter 3 and starts Chapter 4 of Krugman-Microeconomics including "S&D Shifters" (changes in markets) and "Willingness to Pay."

Published 01/17/13

Principles of Microeconomics, Winter 2013

Published 01/15/13

Markets, Supply and Demand

Lecture 3: Covers chapter 3 of Krugman-Microeconomics including markets, supply and demand and S&D shifters.

Published 01/15/13