Homework

Video Lectures for May 2, 2006

 

Special Selling

Issues in Special Selling

Asymmetric Information

The Market for Lemons

Dealing with Asymmetric Information

Moral Hazard

The Keith- Leffler Model

Applying the Premium for Honesty

Pricing Under Uncertainty

 

Word version of Homework due May 2, 2006

PDF version of Homework due May 2, 2006

Video Lectures for April 25, 2006

 

Price Discrimination-A Primer

When Price Discrimination is Possible

Price Discrimination with Self Identification

The Elite Diner

Price Discrimination in Action

Three Discrimination Problems

Solution to Three Discrimination Problems

The Free Rider

Retailing Basics

 

Word version of Homework due April 25, 2006

PDF version of Homework due April 25, 2006

Video Lectures for April 18, 2006

Managing a Firm

Advanced Management

Expense Preference

Back to the Agency Problem

Problems with Accountants

Takeover Bids

Motivating Takeover Bids

More on the Edgeworth Box

More Welfare Economics

Barriers to Economic Efficiency

Property Rights and Economic Efficiency

Pricing the Internet

Public Goods

 

Word version of Homework due April 18, 2006

PDF version of Homework due April 18, 2006

Video Lectures for April 11, 2006

 

Labor Supply

Topics in Labor Supply and Demand

Labor Demand and Supply and Free Trade

Labor Monopoly and Monopsony

Going to College (Not Assigned)

Training Employees (Not Assigned)

More on Compensation (Not Assigned)

The Edgeworth Box

 

Word version of Homework due April 11, 2006

PDF version of Homework due April 11, 2006

Video Lectures for April 4, 2006

 

Game Theory

Simple Business Games

Repeated Games

Sequential Games

Minimax Strategies

Labor Demand

Long Run Labor Demand

Applying Labor Demand

 

Word version of Homework due April 4, 2006

PDF version of Homework due April 4, 2006

Video Lectures for March 28, 2006

 

No Lectures-Spring Break

No Homework

No Homework

Video Lectures for March 21, 2006

 

No Lectures – Midterm Exam

No Homework

No Homework

Video Lectures for March 14, 2006

 

Monopolistic Competition

Models of Monopolistic Competition

Applying Monopolistic Competition

Cartels

Here a Cartel, There a Cartel

Duopoly

The Cournot Model

A Second Cournot Example

Extending the Cournot Model

The Bertrand Model

Nash Equilibrium

 

Word version of Homework due March 14, 2006

PDF version of Homework due March 14, 2006

Video Lectures for March 7, 2006

 

The Monopolist’s Demand Curve

Applying the Elasticity Rules

Competition and Monopoly I

Competition and Monopoly II

What Causes Monopolies

Monopoly versus Competition

Miscellaneous Topics

Managing with Multiple Plants

Innovation and Durability

 

Word version of Homework due March 7, 2006

PDF version of Homework due March 7, 2006

Video Lectures for February 28, 2006

 

Changes in Factor Prices

Demand Change to Factor Price Change

Equilibrium with Different Cost Functions

Tabular Analysis of Equilibrium

Mathematical Analysis of Equilibrium

Competitive Diversity

Taxing A Competitive Industry

Consumer and Producer Surplus

Three Competition Problems

Solution to Three Competition Problems

Monopoly

Applying the Monopoly Model

A Spreadsheet Approach

Solving the Problems

 

Word version of Homework due February 28, 2006

PDF version of Homework due February 28, 2006

Video Lectures for February 21, 2006

 

Cost Function Basics

Marginal Cost and Average Cost

Mathematical Cost Functions

Mathematical Cost Functions-2

Mathematical Cost Functions-3

Solving the Problem

Properties of Cost Functions

Additional Properties of Cost Functions

Applications of Cost Functions

Basics of Competition

The Firm's Supply Curve

A Competitive Industry

A Competitive Industry-More

 

Word version of Homework due February 21, 2006

PDF version of Homework due February 21, 2006

Video Lectures for February 14, 2006

 

Engel Curves

Income and Substitution Effects

The Slutsky Equation

Uncertainty

Uncertainty and Risky Behavior

Buying Insurance

A Numerical Problem

Who Robbed C.C.

The Production Function

The General Production Function

Properties of Production Functions

 

Word version of Homework due February 14, 2006

PDF version of Homework due February 14, 2006

Video Lectures for February 7, 2006

 

Consumer Surplus and Deadweight Loss

More on Consumer Surplus

Extending the Problem

Taxes and Dead Weight Loss

Consumer Surplus and Indifference Curves

Priceline and E-Bay

Compensated Demand Curves

 

Word version of Homework due February 7, 2006

PDF version of Homework due February 7, 2006

Video Lectures for January 31, 2006

 

Budget Constraints

Composite Goods

How Economists Destroy Christmas

The Economics of Bads

The Value of Time

Consumer Surplus

Applying Consumer Surplus

 

Word version of Homework due January 31, 2006

PDF version of Homework due January 31, 2006

Video Lectures for January 24, 2006

 

Estimating Demand Functions

The Mathematics of Demand Functions

Two Simple Extensions

Elasticity

Arc Elasticity

The Theory of Choice

Indifference Curves

Examples of Indifference Curves

 

Word version of Homework due January 24, 2006

PDF version of Homework due January 24, 2006

Video Lectures for January 17, 2006

I will post an assignment here every week.  From time to time, I will also post some other material (what the midterm will cover, etc).  I post the entries in reverse chronological order.  You can always scroll down to see earlier entries, but the current entry will be at the top. 

There will be a homework assignment almost every week, posted in the columns to the right.  One link is to the homework assignment in a word file; the other is a pdf file.

Video Lectures

I discussed these lectures in class the first week.  They are not particularly deep and probably fall in the category of “look at them once and you have sufficient understanding”.

 

Valentine's Day

Demand Functions and Demand Shifters

Perfect Complements and Substitutes

Applying Demand Functions

Price Ceilings

Demand Shift or Supply Shift

No homework due this week

No homework due this week

 

 

 

 

Created by Charles W. Upton, who may be contacted at cupton@kent.edu