This lecture covers some concrete examples of calculations related to demand curves, demand functions, and inverse demand functions. It covers price elasticity of demand calculations as well as consumer surplus calculations. There is a discussion of the meaning of these quantities as well.
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In this wrap-up lecture, we briefly cover government policy approaches for mitigating sustainability problems. We start with the Coasean id...
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In this lecture, we continue to discuss the economics of fisheries -- private and open-access. The lecture reminds us of the logistic growth...
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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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