Solow in Shriram

Comparing MRS and the price ratio; "Gravitational pull" towards optimality; Lagrange method; optimal choice with Cobb-Douglas preferences

Econ 50 | Lecture 04 (Spring 2024 - live portion)

Resource Constraints and Production Possibilities

Econ 50 | Lecture 03

Characteristics of Production Functions

Econ 50 | Lecture 02

Modeling Production with Multivariate Functions

Econ 51 | 18 | Price Discrimination and Revealed Preference

Designing mechanisms to reveal preferences

Econ 51 | 17 | Moral Hazard and Adverse Selection

How to design a mechanism to get someone to behave a certain way, or to reveal their true preferences

Econ 51 | 15 | Dynamic Games of Incomplete Information

Perfect Bayesian Equilibrium and Signaling Models

Econ 51 | 14 | Static Games of Incomplete Information

Uncertainty and Risk Aversion - Presentation

Econ 51 | 13 | Repeated Games

Sequential Games of Complete and Perfect Information

Econ 51 | 12 | Dynamic Games and Subgame Perfection

Sequential Games of Complete and Perfect Information

Econ 51 | 11 | Oligopoly

Cournot duopoly and other applications of Nash equilibrium

Econ 51 | 10 | Nash Equilibrium

Nash equilibrium in pure and mixed strategies

Econ 51 | 09 | Dominance, Best Response, and Rationalizability

The first steps to understanding strategic behavior: what will you NOT do? What, based on your beliefs about the other players' strategies, might you do?

Econ 51 | 08 | Introduction to Game Theory

Notation and definitions

Econ 51 | 21 | Public Goods

Econ 50 | Lecture 10

The Consumer's Problem: Utility Maximization subject to a Budget Constraint

Econ 51 | 07 | Externalities

Econ 50 | Lecture 09

Constrained Optimization when Calculus Doesn't Work

Econ 50 | Lecture 08

Constrained Optimization with Calculus

Econ 50 | Lecture 06

Characteristics of Utility Functions

Econ 50 | Lecture 05

Preferences and Utility Functions

Econ 51 | 04 | Uncertainty and Risk

Uncertainty and Risk Aversion

Econ 50 | Lecture 03

Characteristics of Production Functions

Econ 51 | 03 | Intertemporal Choice

We apply the framework of consumer choice theory to the choice of how to allocation money across time, investigating saving and borrowing.

Econ 50 | Lecture 07

Math Review: Solution Functions and Optimization

Econ 51 | 02 | Trading from an Endowment

Building the Basis of Exchange Equilibrium

Econ 50 | Lecture 01

Welcome to Econ 50

Econ 51 | 01 | Welcome and Review of Econ 50

Welcome and Review of Econ 50

Michigan CAI Presentation

Econ 50 | Spring 2023 | Course Retrospective

Welcome to Econ 50

An Old Test Question

General equilibrium

Econ 50 | Spring 2023 | Lecture 23

General equilibrium

Econ 50 | Spring 2023 | Lecture 22

Relationships Between Markets

Econ 51 | 15 | Externalities

Econ 50 | Spring 2023 | Lectures 20 and 21

Bringing supply and demand together

Econ 51 | 12 | Trading from an Endowment

Building the Basis of Exchange Equilibrium

Econ 50 | Spring 2023 | Lecture 19

Output Supply and Labor Demand for a Competitive Firm

Econ 50 | Spring 2023 | Lecture 18

Profit Maximization, With and Without Market Power

Econ 50 | Spring 2023 | Lecture 17

Elasticity and Revenue for a Firm

Econ 50 | Spring 23 | Lecture 16

Characteristics of Cost Functions

Econ 50 | Spring 23 | Lecture 15

Production and Cost

Econ 51 | Spring 23 | 9 | BNE and Auctions

Uncertainty and Risk Aversion - Presentation

Econ 50 | Spring 23 | Lecture 13

Cost Minimization; Income and Substitution Effects

Econ 51 | Spring 23 | 8 | Principal-Agent and Price Discrimination

How to design a mechanism to get someone to behave a certain way, or to reveal their true preferences

Econ 50 | Spring 23 | Lecture 12

Shifts in demand curves; offer curves; complements and substitutes; normal and inferior goods

Econ 50 | Spring 23 | Lecture 11

Demand Functions and Demand Curves

Econ 51 | Spring 23 | 7 | Incomplete Information and Risk Aversion

Uncertainty and Risk Aversion - Presentation

Econ 50 | Spring 23 | Lecture 10

The Consumer's Problem: Utility Maximization subject to a Budget Constraint

Econ 50 | Spring 23 | Lecture 8

Constrained Optimization when Calculus Doesn't Work

Econ 51 | Spring 23 | 5 | Dynamic Games and Subgame Perfection

Sequential Games of Complete & Perfect Information