In this lecture, we work toward better understanding the meaning behind the shape of different utility functions and indifference curves.
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In this lecture, we go into detail about the graphical solution to maximizing the intertemporal social welfare function (i.e., balancing pre...
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This lecture session is meant to provide a student-driven, cumulative review of topics that could serve as a study guide for the upcoming fi...
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This lecture focuses on microeconomic modeling of market failures resulting from negative and positive externalities (with the aim of applyi...
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