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Economics: Game Theory, Competition, Elasticity
You, Us & This Course
You, Us & This Course (2:28)
Game Theory
Discounting & Loyalty (16:20)
The Rivalry Game (10:12)
Trust and Honor in Organized Crime (11:04)
Winner-Takes-All Games and Sports in Society (14:12)
Demand
The Law of Demand (6:55)
Examples of the Law of Demand (9:12)
Veblen Goods (6:33)
Giffen Goods (6:35)
Income Effects on Demand (7:21)
Complements and substitutes (8:16)
Supply
The Law of Supply (6:07)
Examples of the Law of Supply (5:59)
Inflation, Technology and Government (12:50)
Market Equilibrium (8:59)
Elasticity
Elasticity and Price Sensitivity (11:06)
Horizontal and Vertical Demand Curves (8:30)
Revenue Maximisation (7:05)
Elasticity of Veblen and Giffen Goods (3:31)
Income and Cross-Elasticities (7:40)
Elasticity and Linear Demand Curves (9:06)
Applications of Elasticity
Taxes (10:26)
Agriculture (8:18)
Minimum Wages (7:24)
Price Controls (7:20)
Utility
Utility and Diminishing Marginal Utility (14:54)
The Paradox of Value (10:13)
Indifference Curves and Consumer Equilibrium (14:15)
Deriving Demand Curves and Income Effects from Indifference Curves (10:33)
Consumer Surplus (4:38)
Firms
Factors of Production (11:44)
Total and Marginal Product (10:01)
The Least Cost Principle (4:49)
Returns to Scale (5:04)
Costs
Total and Marginal Costs (8:45)
Average and Marginal Costs (8:08)
Types of Supply Curves (8:27)
Competition
Long Run, Short Run (5:46)
Perfect Competition (10:27)
Profit Maximisation in Perfect Competition (6:56)
Monopoly (10:04)
Monopolistic Competition (3:40)
Giffen Goods
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