In this lecture, we work toward better understanding the meaning behind the shape of different utility functions and indifference curves.
Archive of lectures given as part of SOS 325 (Economics of Sustainability) at Arizona State University with instructor Theodore (Ted) Pavlic.
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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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We continue to discuss the economics of natural resources in this lecture, with a particular focus on timber rotations. In the previous lect...
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In this lecture, we close our discussion of forest/timber economics by putting an "economic rent" lens on the different rotations ...
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