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Econ 50 | Lecture 05
Resource Constraints and Production Possibilities
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Econ 50 | Lecture 04
Production Functions
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Econ 50 | Lecture 03
Review of Univariate Calculus
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Econ 50 | Lecture 02
Review of Univariate Calculus
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Econ 50 | Lecture 01
Welcome to Econ 50
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Copy of Econ 51 | Spring 23 | 1 | Welcome and Intertemporal Consumption
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Econ 50 | Lecture 14
Analyzing a Price Change
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Solow in Shriram
Comparing MRS and the price ratio; "Gravitational pull" towards optimality; Lagrange method; optimal choice with Cobb-Douglas preferences
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Econ 50 | Lecture 04 (Spring 2024 - live portion)
Resource Constraints and Production Possibilities
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Econ 50 | Lecture 03
Characteristics of Production Functions
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Econ 50 | Lecture 02
Modeling Production with Multivariate Functions
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Econ 51 | 18 | Price Discrimination and Revealed Preference
Designing mechanisms to reveal preferences
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Econ 51 | 16 | Moral Hazard and Adverse Selection
How to design a mechanism to get someone to behave a certain way, or to reveal their true preferences
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Econ 50 | Lecture 24
General equilibrium
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Econ 50 | Lecture 23
Relationships Between Markets
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Econ 51 | 15 | Dynamic Games of Incomplete Information
Perfect Bayesian Equilibrium and Signaling Models
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Econ 51 | 14 | Static Games of Incomplete Information
Uncertainty and Risk Aversion - Presentation
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Econ 50 | Lecture 22
Welfare Analysis of Equilibrium
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Econ 50 | Lecture 21
Bringing supply and demand together
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Econ 51 | 13 | Repeated Games
Sequential Games of Complete and Perfect Information
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Econ 50 | Lecture 20
Market Demand and Supply; Review
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Econ 51 | 12 | Dynamic Games and Subgame Perfection
Sequential Games of Complete and Perfect Information
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Econ 50 | Lecture 19
Output Supply and Labor Demand for a Competitive Firm
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Econ 50 | Lecture 18
Profit Maximization, With and Without Market Power
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Econ 50 | Lecture 17
Elasticity and Revenue for a Firm
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Econ 50 | Lecture 16
Production and Cost for a Firm
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Econ 51 | 11 | Oligopoly
Cournot duopoly and other applications of Nash equilibrium
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Econ 51 | 10 | Nash Equilibrium
Nash equilibrium in pure and mixed strategies
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Econ 50 | Lecture 15
Review of Consumer Theory
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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?
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Econ 50 | Lecture 13
Income Offer Curves; Cost Minimization
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Econ 51 | 08 | Introduction to Game Theory
Notation and definitions
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Econ 50 | Lecture 12
Shifts in demand curves; offer curves; complements and substitutes; normal and inferior goods
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Econ 50 | Lecture 11
Demand Functions and Demand Curves
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Econ 51 | 21 | Public Goods
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Econ 50 | Lecture 10
The Consumer's Problem: Utility Maximization subject to a Budget Constraint
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Econ 51 | 07 | Externalities
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Econ 50 | Lecture 09
Constrained Optimization when Calculus Doesn't Work
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Econ 50 | Lecture 08
Constrained Optimization with Calculus
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Econ 50 | Lecture 06
Characteristics of Utility Functions
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Econ 50 | Lecture 05
Preferences and Utility Functions
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Econ 51 | 04 | Uncertainty and Risk
Uncertainty and Risk Aversion
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Econ 50 | Lecture 03
Characteristics of Production Functions
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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.
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Econ 50 | Lecture 07
Math Review: Solution Functions and Optimization
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Econ 51 | 02 | Trading from an Endowment
Building the Basis of Exchange Equilibrium
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Econ 50 | Lecture 01
Welcome to Econ 50
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Econ 51 | 01 | Welcome and Review of Econ 50
Welcome and Review of Econ 50
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Michigan CAI Presentation
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Econ 50 | Spring 2023 | Course Retrospective
Welcome to Econ 50