Lec 40 - Optimal Point on Budget Line
Optimal Point on Budget Line Using indifference curves to think about the point on the budget line that maximizes total utility
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Channels: Economics
Tags: Optimal Point on Budget Line
Uploaded by: khanmicronmacro ( Send Message ) on 18-09-2012.
Duration: 9m 24s
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Lecture list for this course
Lec 1 - Production Possibilities Frontier
Lec 3 - Increasing Opportunity Cost
Lec 4 - Allocative Efficiency and Marginal Benefit
Lec 5 - Economic Growth through Investment
Lec 6 - Comparative Advantage Specialization and Gains from Trade
Lec 7 - Comparative Advantage and Absolute Advantage
Lec 9 - Price of Related Products and Demand
Lec 10 - Changes in Income, Population, or Preferences
Lec 11 - Normal and Inferior Goods
Lec 12 - Inferior Goods Clarification
Lec 14 - Factors Affecting Supply
Lec 16 - Changes in Market Equilibrium
Lec 17 - Price Elasticity of Demand
Lec 18 - More on Elasticity of Demand
Lec 19 - Perfect Inelasticity and Perfect Elasticity of Demand
Lec 20 - Constant Unit Elasticity
Lec 21 - Total Revenue and Elasticity
Lec 22 - More on Total Revenue and Elasticity
Lec 23 - Cross Elasticity of Demand
Lec 25 - Elasticity and Strange Percent Changes
Lec 26 - Demand Curve as Marginal Benefit Curve
Lec 27 - Consumer Surplus Introduction
Lec 28 - Total Consumer Surplus as Area
Lec 30 - Rent Control and Deadweight Loss
Lec 31 - Minimum Wage and Price Floors
Lec 32 - Taxation and Dead Weight Loss
Lec 33 - Percentage Tax on Hamburgers
Lec 34 - Taxes and Perfectly Inelastic Demand
Lec 35 - Taxes and Perfectly Elastic Demand
Lec 37 - Equalizing Marginal Utility per Dollar Spent
Lec 38 - Deriving Demand Curve from Tweaking Marginal Utility per Dollar
Lec 41 - Types of Indifference Curves
Lec 42 - Economic Profit vs Accounting Profit
Lec 43 - Depreciation and Opportunity Cost of Capital
Lec 44 - Fixed, Variable, and Marginal Cost.
Lec 45 - Visualizing Average Costs and Marginal Costs as Slope
Lec 46 - Marginal Cost and Average Total Cost
Lec 47 - Marginal Revenue and Marginal Cost
Lec 48 - Marginal Revenue Below Average Total Cost
Lec 49 - Long Term Supply Curve and Economic Profit
Lec 52 - Monopolist Optimizing Price (part 1)- Total Revenue.
Lec 53 - Monopolist Optimizing Price (part 2)- Marginal Revenue
Lec 54 - Monopolist Optimizing Price (part 3)- Dead Weight Loss.avi
Lec 55 - Optional Calculus Proof to Show that MR has Twice Slope of Demand
Lec 56 - Review of Revenue and Cost Graphs for a Monopoly
Lec 57 - Oligopolies and Monopolisitc Competition
Lec 58 - Monopolistic Competition and Economic Profit
Lec 59 - Oligopolies, Duopolies, Collusion, and Cartels
Lec 60 - Prisoners' Dilemma and Nash Equilibrium
Lec 61 - More on Nash Equilibrium
Lec 62 - Why Parties to Cartels Cheat
Lec 63 - Game Theory of Cheating Firms
Lec 64 - Negative Externalities
Lec 65 - Taxes for Factoring in Negative Externalities
Lec 66 - Positive Externalities
Lec 67 - Tragedy of the Commons
Lec 68 - First Degree Price Discrimination
Lec 69 - A Firm's Marginal Product Revenue Curve
Lec 70 - How Many People to Hire Given the MPR curve
Lec 72 - Circular Flow of Income and Expenditures
Lec 73 - Parsing Gross Domestic Product
Lec 74 - More on Final and Intermediate GDP Contributions
Lec 75 - Investment and Consumption
Lec 76 - Income and Expenditure Views of GDP
Lec 78 - Examples of Accounting for GDP
Lec 79 - Real GDP and Nominal GDP
Lec 81 - Example Calculating Real GDP with a Deflator
Lec 82 - Introduction to Inflation
Lec 83 - Actual CPI-U Basket of Goods
Lec 85 - Interest as Rent for Money
Lec 86 - Money Supply and Demand Impacting Interest Rates
Lec 89 - Shifts in Aggregate Demand
Lec 90 - Long-Run Aggregate Supply
Lec 91 - Short Run Aggregate Supply
Lec 92 - Demand-Pull Inflation under Johnson
Lec 93 - Real GDP driving Price
Lec 95 - Monetary and Fiscal Policy
Lec 96 - Tax Lever of Fiscal Policy
Lec 97 - Breakdown of Gas Prices