Embedded Files
cONCEPT vIDEOS
cONCEPT vIDEOS
The Production Function: (3.1)
The Production Function: (3.1)
Marginal Returns, Economies of Scale, and Returns to Scale
The Production Function and Marginal Product
The Production Function and Marginal Returns
Short-Run Production Costs: (3.2)
Short-Run Production Costs: (3.2)
Fixed, Variable, and Total Cost
Average Fixed, Variable, and TC
The Relation Between Marginal Cost and Variable Cost
Short-Run Production Costs: (3.2)
Short-Run Production Costs: (3.2)
AVC, MC, and the Supply Curve: The Minimum Price Needed to Supply Goods
Long-Run Production Costs: (3.3)
Long-Run Production Costs: (3.3)
Marginal Returns, Returns to Scale, Econ of Scale
Long-Run Production Costs (Economies of Scale)
Minimum Efficiency Scale: (3.3)
Minimum Efficiency Scale: (3.3)
The Minimum Efficiency Scale (and its Relationship to Natural Monopolies)
Types of Profit: (3.4)
Types of Profit: (3.4)
Opportunity Cost: Part 1
Opportunity Cost: Part 2
Introduction to Markets and Market Based Economies
Introduction to Markets and Market Based Economies
Introduction: Markets and Market Based Economies
Introduction to Market Structures
Introduction to Market Structures
Market Structures
Short-Run Decisions to Produce & Long-Run Decision to Enter of Exit the Mkt (3.6)
Short-Run Decisions to Produce & Long-Run Decision to Enter of Exit the Mkt (3.6)
MC, AVC, and the Supply Curve
Perfect Competition & Profit Maximization: (3.5/3.7)
Perfect Competition & Profit Maximization: (3.5/3.7)
Perfect Competition Part 1
Perfect Competition Part 2
MR = MC: The Profit Maximization Rule
Perfect Competition: (3.7)
Perfect Competition: (3.7)
(A Deeper Dive)
Perfect Competition: Short-Run Profits
Perfect Competition Part 4b
Perfect Competition Part 3b
Perfect Competition w/ Per Unit Taxes
Perfect Competition Part 4
Perfect Competition: Increasing Cost Industry (Short-Run Losses)
vIDEOS: sYNCHRONOUS blOCKS
vIDEOS: sYNCHRONOUS blOCKS
Synchronous Blocks:
Synchronous Blocks:
Cost of Production
Cost of Production (Part 1)Cost of Production (Part 1)
Cost of Production (Part 2) Block 2Cost of Production (Part 2) - Block 2
Cost of Production (Part 2) Block 3Cost of Production (Part 2) - Block 3
Cost of Production (Patrt 3) Block 2Cost of Production (Part 3) Block 2
Synchronous Blocks:
Synchronous Blocks:
Market Structures:
Perfect Competition
Mkt Structures - Perf Comp (Part 1) Block 2Mkt Structures: Perfect Competition (Part 1) - Block 2
Mkt Structure - Perf Comp (Part 2) Block 3Mkt Structures: Perfect Competition (Part 2)
Perf Comp (Long-Run) - Intro to Market Power Block 2Mkt Structures: Perfect Competition (Part 3); Intro to Market Power (Block 2)
Perf Comp (Long-Run) - Intro to Market Power Block 6Mkt Structures: Perfect Competition (Part 3); Intro to Market Power (Block 6)
Infographics associated (Slot Notes)
Infographics associated (Slot Notes)
Infographic - Cost of Production(P1).pdfMarginal Returns & the Cost of Production
Infographic - Marginal vs Average (Slot Notes).pdfMarginal vs Average Measurements
Infographic - Supply-MC-AVC-ATC (Slot Note).pdfThe AVC, ATC, MC, and the Supply Curve
Infographic - Perfect Competition (Slot Notes).pdfPerfect Competition
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