Lecture

Basics of Supply

Related lectures (32)

Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.

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Explores profit maximization conditions, resource variation effects, expansion paths, and state interventions in microeconomics.

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.

Monopsony and Imperfect Competition

Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.

Supply Elasticity and Production Factors

Explores price elasticity of supply, production factors, and optimal choices in production.

Monopoly and Market Power

Delves into monopoly, market power, price discrimination, and labor market dynamics.

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

Optimal Dispatch of Power Generation Units

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Analyzes production factors in short and long run, isoquants, market equilibrium, and consumer surplus.

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.

Supply Basics

Covers the basics of supply, willingness to accept, producer surplus, and market supply.

Untitled

Demand & Supply: Understanding Economic Behavior

Explores the core principles of demand and supply in economics, including marginal benefit, willingness to pay, and market demand.

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

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Explores production theory, costs, and returns in relation to a producer's behavior and cost structure.

Economic Innovations

Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.

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Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.

Basics 2: Supply

Explores the basics of supply in environmental economics, including suppliers' bids and elasticity.