Mberiss
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13 items
Capital Markets
Models the capital market
- Class notes
- • 2 pages •
Definitions of Capital
Defines capital and what makes it difficult to understand, as well as how returns on capital work
- Class notes
- • 1 pages •
Defines capital and what makes it difficult to understand, as well as how returns on capital work
Labor Supply
Describes another way to find labor demand. Talks about different labor supply curves and why they exist.
- Textbook notes
- • 2 pages •
Describes another way to find labor demand. Talks about different labor supply curves and why they exist.
Labor Demand
Shows a mathematical example of a monopoly. It also describes multiple ways to find labor demand given the production function.
- Class notes
- • 2 pages •
Shows a mathematical example of a monopoly. It also describes multiple ways to find labor demand given the production function.
Long Run Supply and Demand
Explores what happens in a labor market long term: ie, what causes changes once a short term equilibrium has been reached.
- Class notes
- • 3 pages •
Explores what happens in a labor market long term: ie, what causes changes once a short term equilibrium has been reached.
Firms Profit Maximizations
A mathematical example showing how a firm maximizes profits from its production function. Uses simple calculus (one derivative). The problem is about a fisherman who employs himself and has some fixed and variable costs.
- Class notes
- • 3 pages •
A mathematical example showing how a firm maximizes profits from its production function. Uses simple calculus (one derivative). The problem is about a fisherman who employs himself and has some fixed and variable costs.
Production Functions and Cost Curces
Introduces different types of cost curves as well as the production function. A little information on externalities.
- Class notes
- • 2 pages •
Introduces different types of cost curves as well as the production function. A little information on externalities.
Tariffs, Subsidies, and Externalities
Models government subsidies, tariffs, and externalities. Second page is a little blurry but still legible.
- Class notes
- • 2 pages •
Models government subsidies, tariffs, and externalities. Second page is a little blurry but still legible.
Taxes and Tariffs
Shows mathematical examples of both a sales tax and a tariff. Includes graphs
- Class notes
- • 2 pages •
Shows mathematical examples of both a sales tax and a tariff. Includes graphs
Consumer and Producer Surplus; Price Controls
This document defines consumer and producer surplus, showing it on a graph and giving mathematical examples. It has a description of supply elasticity on a graph. It also shows the effects of government price controls on a graph, as well as showing a graph of a tax.
- Class notes
- • 2 pages •
This document defines consumer and producer surplus, showing it on a graph and giving mathematical examples. It has a description of supply elasticity on a graph. It also shows the effects of government price controls on a graph, as well as showing a graph of a tax.