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Externalities
  • An Introduction to Externalities
  • External Benefits
  • Command and Control Solutions
  • The Coase Theorem
  • Trading Pollution
  • A Deeper Look at Tradeable Allowances
Costs and Profit Maximization Under Competition
  • Introduction to the Competitive Firm
  • Maximizing Profit under Competition
  • Maximizing Profit and the Average Cost Curve
  • Entry, Exit, and Supply Curves: Increasing Costs
  • Entry, Exit, and Supply Curves: Constant Costs
  • Entry, Exit, and Supply Curves: Decreasing Costs
Competition and Invisible Hand
  • Minimization of Total Industry Costs of Production
  • The Balance of Industries and Creative Destruction
Monopoly
  • Maximizing Profit under Monopoly
  • The Monopoly Markup
  • The Costs and Benefits of Monopoly
Price Discrimination
  • Introduction to Price Discrimination
  • The Social Welfare of Price Discrimination
  • Tying
  • Bundling
Labor Markets
  • The Marginal Product of Labor
  • Human Capital and Signaling
  • The Tradeoff Between Fun and Wages
  • Compensating Differentials
  • Do Unions Raise Wages?
Public Goods and the Tragedy of the Commons
  • Public Goods and the Tragedy of the Commons - Coming Soon
Asymmetric Information
  • Asymmetric Information - Coming Soon
Exam (Coming Soon)
Food (Cowen) - Coming Soon
Midterm
Bottlenecks, Linkages and Intermediate Goods
An Overview of the Mexican Economy
Lowering the initial payment
Basic mortgage underwriting
Varieties of mortgage securities
Painful historical episodes & policy responses