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Iris Franz
Приєднався 21 лип 2013
This channel aims to help students learn economics. Education has a positive externality and should be subsidized, so I create these clips for you to watch for free. If you find them helpful, please share -- so others can learn economics for free too. (Well, except for your opportunity cost of time!)
Bottom line: It is my hope that you use your knowledge to help others, one day.
Bottom line: It is my hope that you use your knowledge to help others, one day.
Bach Well-Tempered Clavier Fugue 2 in C minor, BWV 847
Bach Well-Tempered Clavier, Book 1, Fugue 2 in C minor, BWV 847
Переглядів: 266
Відео
Bach Invention No. 10 in G Major, BWV 781
Переглядів 3057 місяців тому
Bach Invention No. 10 in G Major, BWV 781
Extensive Form Games (2): The Job Offer Game
Переглядів 1757 місяців тому
This clip uses backward induction to solve for the subgame perfect equilibrium for a job offer game.
Extensive Form Games (1): The Entry Game
Переглядів 2428 місяців тому
This clip explains what an extensive form game is, and illustrates how to solve for the subgame perfect equilibrium with backward induction.
Monopsony (4): Profit Maximization & Deadweight Loss
Переглядів 4658 місяців тому
This clip illustrates 1. the three steps of profit maximization for monopsony, 2. why monopsony causes deadweight loss, and 3. how a minimum wage law can improve efficiency, raise wage, and increase employment.
Monopsony (3): Why MRC is greater than the Wage
Переглядів 1568 місяців тому
This clips uses an example of a monopsonist in the Boba Drink Market, Boba Vader, to demonstrate why marginal resource cost is greater than the wage for a monopsonist, and how a monopsonist sets MRP = MRC to maximize its profit.
Monopsony (2): Assumptions, MRP and MRC
Переглядів 1458 місяців тому
This clip establishes the basic assumptions of labor market monopsony. The product market is perfectly competitive, but the labor market is subject to monopsony.
Monopsony (1): Overview
Переглядів 1658 місяців тому
This clip illustrate the definition of monopsony.
Valse Mélancolique (Op. 2, No. 3) by Vladimir Rebikov
Переглядів 2229 місяців тому
This is the first time I record my music after my dear husband, mom and dad gave me this new piano. I'll forever appreciate their support and unconditional love.
The Demand for Resources (1): Overview
Переглядів 2029 місяців тому
This clip gives an overview of the resource market, and how the price of the resources are determined in a competitive market.
Monopoly (4): Why Monopoly Causes Allocative Inefficiency
Переглядів 3139 місяців тому
This clip explains why monopoly's outcome is allocatively inefficient. As the price is greater than MC, there're always consumers whose WTP is lower than the price but higher than the MC. These consumers would buy the product under perfect competition, but won't get a product under monopoly, thereby causing allocative inefficiency.
Monopoly (3): Three Steps for Profit Maximization
Переглядів 3229 місяців тому
This clips illustrates how a monopolist maximizes profit and minimizes loss, and why a monopolist will not just charge a price "as high as possible".
Monopoly (2): Why MR is less than the Price
Переглядів 3179 місяців тому
This clip explains why MR is less than the price for monopoly.
Monopoly (1): Overview & Entry Barriers
Переглядів 2529 місяців тому
This clips gives the definition of monopoly and the causes of entry barrier.
The Demand for Resources (2): MRP, MPL, & Hiring Decisions
Переглядів 14010 місяців тому
This clips explains what MRP and MPL are with plain English that everyone can understand!
Long-Run Average Total Cost Curve (2)
Переглядів 30710 місяців тому
Long-Run Average Total Cost Curve (2)
Long-Run Average Total Cost Curve (1)
Переглядів 1 тис.10 місяців тому
Long-Run Average Total Cost Curve (1)
Price Elasticity of Demand (5): Determinants
Переглядів 32410 місяців тому
Price Elasticity of Demand (5): Determinants
Price Elasticity of Demand (4): Total Revenue and the "Arrow Method"
Переглядів 36910 місяців тому
Price Elasticity of Demand (4): Total Revenue and the "Arrow Method"
Price Elasticity of Demand (3): Elastic, Inelastic, and Unit Elastic Demand
Переглядів 1,3 тис.10 місяців тому
Price Elasticity of Demand (3): Elastic, Inelastic, and Unit Elastic Demand
Price Elasticity of Demand (1): Overview
Переглядів 69110 місяців тому
Price Elasticity of Demand (1): Overview
Consumer Choice (3): Two-Step Approach to Utility Maximization Problem
Переглядів 17010 місяців тому
Consumer Choice (3): Two-Step Approach to Utility Maximization Problem
Introduction to Iris' Economics Learning Channel
Переглядів 2,4 тис.10 місяців тому
Introduction to Iris' Economics Learning Channel
Consumer Choice (2): Equal Marginal Principle & Utility Maximization
Переглядів 20510 місяців тому
Consumer Choice (2): Equal Marginal Principle & Utility Maximization
Consumer Choice (1): Total Utility, Marginal Utility & The Law of Diminishing Marginal Utility
Переглядів 35311 місяців тому
Consumer Choice (1): Total Utility, Marginal Utility & The Law of Diminishing Marginal Utility
Price Elasticity of Demand (2): Midpoint Formula
Переглядів 1,5 тис.Рік тому
Price Elasticity of Demand (2): Midpoint Formula
The Christmas Song (Chestnuts Roasting on an Open Fire)
Переглядів 415Рік тому
The Christmas Song (Chestnuts Roasting on an Open Fire)
Cost Curves (2): Average Fixed Cost, Average Variable Cost, Average Total Cost, & Marginal Cost
Переглядів 6 тис.Рік тому
Cost Curves (2): Average Fixed Cost, Average Variable Cost, Average Total Cost, & Marginal Cost
Cost Curves (1): Fixed Costs (FC), Variabls Costs (VC), & Total Costs (TC)
Переглядів 1,2 тис.Рік тому
Cost Curves (1): Fixed Costs (FC), Variabls Costs (VC), & Total Costs (TC)