Online courses directory (841)

The topic of the class is information economics. The purpose is to give an introduction to some of the main subjects in this field: risk sharing, moral hazard, adverse selection (signaling, screening), mechanism design, decision making under uncertainty. These subjects (and others) will be treated in more depth in the advanced theory courses on Contract Theory.

This course is designed to introduce students to basic microeconomic theory at a relatively rapid pace without the use of complicated mathematics. The focus will be on fundamental economic principles that can be used by managers to think about business problems, including those that arise from coordinating workers and managers inside firms and from dealing with outside market forces and government policies.

Topics covered in a traditional college level introductory microeconomics course. Production Possibilities Frontier. Opportunity Cost. Increasing Opportunity Cost. Allocative Efficiency and Marginal Benefit. Economic Growth through Investment. Comparative Advantage Specialization and Gains from Trade. Comparative Advantage and Absolute Advantage. Law of Demand. Price of Related Products and Demand. Changes in Income, Population, or Preferences. Normal and Inferior Goods. Inferior Goods Clarification. Law of Supply. Factors Affecting Supply. Market Equilibrium. Changes in Market Equilibrium. Price Elasticity of Demand. More on Elasticity of Demand. Perfect Inelasticity and Perfect Elasticity of Demand. Constant Unit Elasticity. Total Revenue and Elasticity. More on Total Revenue and Elasticity. Cross Elasticity of Demand. Elasticity of Supply. Elasticity and Strange Percent Changes. Demand Curve as Marginal Benefit Curve. Consumer Surplus Introduction. Total Consumer Surplus as Area. Producer Surplus. Rent Control and Deadweight Loss. Minimum Wage and Price Floors. Taxation and Dead Weight Loss. Percentage Tax on Hamburgers. Taxes and Perfectly Inelastic Demand. Taxes and Perfectly Elastic Demand. Marginal Utility. Equalizing Marginal Utility per Dollar Spent. Deriving Demand Curve from Tweaking Marginal Utility per Dollar. Budget Line. Optimal Point on Budget Line. Types of Indifference Curves. Economic Profit vs Accounting Profit. Depreciation and Opportunity Cost of Capital. Fixed, Variable, and Marginal Cost.. Visualizing Average Costs and Marginal Costs as Slope. Marginal Cost and Average Total Cost. Marginal Revenue and Marginal Cost. Marginal Revenue Below Average Total Cost. Long Term Supply Curve and Economic Profit. Perfect Competition. Monopoly Basics. Review of Revenue and Cost Graphs for a Monopoly. Monopolist Optimizing Price (part 1)- Total Revenue.. Monopolist Optimizing Price (part 2)- Marginal Revenue. Monopolist Optimizing Price (part 3)- Dead Weight Loss.avi. Optional Calculus Proof to Show that MR has Twice Slope of Demand. Oligopolies and Monopolistic Competition. Monopolistic Competition and Economic Profit. Oligopolies, Duopolies, Collusion, and Cartels. Prisoners' Dilemma and Nash Equilibrium. More on Nash Equilibrium. Why Parties to Cartels Cheat. Game Theory of Cheating Firms. Negative Externalities. Taxes for Factoring in Negative Externalities. Positive Externalities. Tragedy of the Commons. First Degree Price Discrimination. A Firm's Marginal Product Revenue Curve. How Many People to Hire Given the MPR curve. Adding Demand Curves.

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Demand Curve as Marginal Benefit Curve. Consumer Surplus Introduction. Total Consumer Surplus as Area. Producer Surplus. Rent Control and Deadweight Loss. Minimum Wage and Price Floors. Taxation and Dead Weight Loss. Percentage Tax on Hamburgers. Taxes and Perfectly Inelastic Demand. Taxes and Perfectly Elastic Demand. Negative Externalities. Taxes for Factoring in Negative Externalities. Positive Externalities. Tragedy of the Commons. Demand Curve as Marginal Benefit Curve. Consumer Surplus Introduction. Total Consumer Surplus as Area. Producer Surplus. Rent Control and Deadweight Loss. Minimum Wage and Price Floors. Taxation and Dead Weight Loss. Percentage Tax on Hamburgers. Taxes and Perfectly Inelastic Demand. Taxes and Perfectly Elastic Demand. Negative Externalities. Taxes for Factoring in Negative Externalities. Positive Externalities. Tragedy of the Commons.

Demand Curve as Marginal Benefit Curve. Consumer Surplus Introduction. Total Consumer Surplus as Area. Producer Surplus. Rent Control and Deadweight Loss. Minimum Wage and Price Floors. Taxation and Dead Weight Loss. Percentage Tax on Hamburgers. Taxes and Perfectly Inelastic Demand. Taxes and Perfectly Elastic Demand. Negative Externalities. Taxes for Factoring in Negative Externalities. Positive Externalities. Tragedy of the Commons. Demand Curve as Marginal Benefit Curve. Consumer Surplus Introduction. Total Consumer Surplus as Area. Producer Surplus. Rent Control and Deadweight Loss. Minimum Wage and Price Floors. Taxation and Dead Weight Loss. Percentage Tax on Hamburgers. Taxes and Perfectly Inelastic Demand. Taxes and Perfectly Elastic Demand. Negative Externalities. Taxes for Factoring in Negative Externalities. Positive Externalities. Tragedy of the Commons.

Price elasticity of demand and supply. How sensitive are things to change in price. Price Elasticity of Demand. More on Elasticity of Demand. Perfect Inelasticity and Perfect Elasticity of Demand. Constant Unit Elasticity. Total Revenue and Elasticity. More on Total Revenue and Elasticity. Cross Elasticity of Demand. Elasticity of Supply. Elasticity and Strange Percent Changes. Price Elasticity of Demand. More on Elasticity of Demand. Perfect Inelasticity and Perfect Elasticity of Demand. Constant Unit Elasticity. Total Revenue and Elasticity. More on Total Revenue and Elasticity. Cross Elasticity of Demand. Elasticity of Supply. Elasticity and Strange Percent Changes.

Price elasticity of demand and supply. How sensitive are things to change in price. Price Elasticity of Demand. More on Elasticity of Demand. Perfect Inelasticity and Perfect Elasticity of Demand. Constant Unit Elasticity. Total Revenue and Elasticity. More on Total Revenue and Elasticity. Cross Elasticity of Demand. Elasticity of Supply. Elasticity and Strange Percent Changes. Price Elasticity of Demand. More on Elasticity of Demand. Perfect Inelasticity and Perfect Elasticity of Demand. Constant Unit Elasticity. Total Revenue and Elasticity. More on Total Revenue and Elasticity. Cross Elasticity of Demand. Elasticity of Supply. Elasticity and Strange Percent Changes.

Perfect Competition. Monopoly Basics. Monopolist Optimizing Price (part 1)- Total Revenue.. Monopolist Optimizing Price (part 2)- Marginal Revenue. Monopolist Optimizing Price (part 3)- Dead Weight Loss.avi. Optional Calculus Proof to Show that MR has Twice Slope of Demand. Review of Revenue and Cost Graphs for a Monopoly. Oligopolies and Monopolistic Competition. Monopolistic Competition and Economic Profit. Oligopolies, Duopolies, Collusion, and Cartels. Perfect Competition. Monopoly Basics. Monopolist Optimizing Price (part 1)- Total Revenue.. Monopolist Optimizing Price (part 2)- Marginal Revenue. Monopolist Optimizing Price (part 3)- Dead Weight Loss.avi. Optional Calculus Proof to Show that MR has Twice Slope of Demand. Review of Revenue and Cost Graphs for a Monopoly. Oligopolies and Monopolistic Competition. Monopolistic Competition and Economic Profit. Oligopolies, Duopolies, Collusion, and Cartels.

Perfect Competition. Monopoly Basics. Monopolist Optimizing Price (part 1)- Total Revenue.. Monopolist Optimizing Price (part 2)- Marginal Revenue. Monopolist Optimizing Price (part 3)- Dead Weight Loss.avi. Optional Calculus Proof to Show that MR has Twice Slope of Demand. Review of Revenue and Cost Graphs for a Monopoly. Oligopolies and Monopolistic Competition. Monopolistic Competition and Economic Profit. Oligopolies, Duopolies, Collusion, and Cartels. Perfect Competition. Monopoly Basics. Monopolist Optimizing Price (part 1)- Total Revenue.. Monopolist Optimizing Price (part 2)- Marginal Revenue. Monopolist Optimizing Price (part 3)- Dead Weight Loss.avi. Optional Calculus Proof to Show that MR has Twice Slope of Demand. Review of Revenue and Cost Graphs for a Monopoly. Oligopolies and Monopolistic Competition. Monopolistic Competition and Economic Profit. Oligopolies, Duopolies, Collusion, and Cartels.

Prisoners' Dilemma and Nash Equilibrium. More on Nash Equilibrium. Why Parties to Cartels Cheat. Game Theory of Cheating Firms. Prisoners' Dilemma and Nash Equilibrium. More on Nash Equilibrium. Why Parties to Cartels Cheat. Game Theory of Cheating Firms.

Prisoners' Dilemma and Nash Equilibrium. More on Nash Equilibrium. Why Parties to Cartels Cheat. Game Theory of Cheating Firms. Prisoners' Dilemma and Nash Equilibrium. More on Nash Equilibrium. Why Parties to Cartels Cheat. Game Theory of Cheating Firms.

Economic profit vs. accounting profit. Average total cost (ATC) and marginal cost (MC). Marginal product of labor (MPL). Price discrimination. Economic Profit vs Accounting Profit. Depreciation and Opportunity Cost of Capital. Marginal Cost and Average Total Cost. Marginal Revenue and Marginal Cost. Marginal Revenue Below Average Total Cost. Long Term Supply Curve and Economic Profit. Fixed, Variable, and Marginal Cost.. Visualizing Average Costs and Marginal Costs as Slope. A Firm's Marginal Product Revenue Curve. How Many People to Hire Given the MPR curve. Adding Demand Curves. First Degree Price Discrimination. Economic Profit vs Accounting Profit. Depreciation and Opportunity Cost of Capital. Marginal Cost and Average Total Cost. Marginal Revenue and Marginal Cost. Marginal Revenue Below Average Total Cost. Long Term Supply Curve and Economic Profit. Fixed, Variable, and Marginal Cost.. Visualizing Average Costs and Marginal Costs as Slope. A Firm's Marginal Product Revenue Curve. How Many People to Hire Given the MPR curve. Adding Demand Curves. First Degree Price Discrimination.

Economic profit vs. accounting profit. Average total cost (ATC) and marginal cost (MC). Marginal product of labor (MPL). Price discrimination. Economic Profit vs Accounting Profit. Depreciation and Opportunity Cost of Capital. Marginal Cost and Average Total Cost. Marginal Revenue and Marginal Cost. Marginal Revenue Below Average Total Cost. Long Term Supply Curve and Economic Profit. Fixed, Variable, and Marginal Cost.. Visualizing Average Costs and Marginal Costs as Slope. A Firm's Marginal Product Revenue Curve. How Many People to Hire Given the MPR curve. Adding Demand Curves. First Degree Price Discrimination. Economic Profit vs Accounting Profit. Depreciation and Opportunity Cost of Capital. Marginal Cost and Average Total Cost. Marginal Revenue and Marginal Cost. Marginal Revenue Below Average Total Cost. Long Term Supply Curve and Economic Profit. Fixed, Variable, and Marginal Cost.. Visualizing Average Costs and Marginal Costs as Slope. A Firm's Marginal Product Revenue Curve. How Many People to Hire Given the MPR curve. Adding Demand Curves. First Degree Price Discrimination.

How do you decide what to produce or trade? How can you maximize happiness in a world of scarcity. What are you giving up when you choose something (i.e., opportunity cost)?. Production Possibilities Frontier. Opportunity Cost. Increasing Opportunity Cost. Allocative Efficiency and Marginal Benefit. Economic Growth through Investment. Comparative Advantage Specialization and Gains from Trade. Comparative Advantage and Absolute Advantage. Marginal Utility. Equalizing Marginal Utility per Dollar Spent. Deriving Demand Curve from Tweaking Marginal Utility per Dollar. Budget Line. Indifference Curves and Marginal Rate of Substitution. Optimal Point on Budget Line. Types of Indifference Curves. Production Possibilities Frontier. Opportunity Cost. Increasing Opportunity Cost. Allocative Efficiency and Marginal Benefit. Economic Growth through Investment. Comparative Advantage Specialization and Gains from Trade. Comparative Advantage and Absolute Advantage. Marginal Utility. Equalizing Marginal Utility per Dollar Spent. Deriving Demand Curve from Tweaking Marginal Utility per Dollar. Budget Line. Indifference Curves and Marginal Rate of Substitution. Optimal Point on Budget Line. Types of Indifference Curves.

How do you decide what to produce or trade? How can you maximize happiness in a world of scarcity. What are you giving up when you choose something (i.e., opportunity cost)?. Production Possibilities Frontier. Opportunity Cost. Increasing Opportunity Cost. Allocative Efficiency and Marginal Benefit. Economic Growth through Investment. Comparative Advantage Specialization and Gains from Trade. Comparative Advantage and Absolute Advantage. Marginal Utility. Equalizing Marginal Utility per Dollar Spent. Deriving Demand Curve from Tweaking Marginal Utility per Dollar. Budget Line. Indifference Curves and Marginal Rate of Substitution. Optimal Point on Budget Line. Types of Indifference Curves. Production Possibilities Frontier. Opportunity Cost. Increasing Opportunity Cost. Allocative Efficiency and Marginal Benefit. Economic Growth through Investment. Comparative Advantage Specialization and Gains from Trade. Comparative Advantage and Absolute Advantage. Marginal Utility. Equalizing Marginal Utility per Dollar Spent. Deriving Demand Curve from Tweaking Marginal Utility per Dollar. Budget Line. Indifference Curves and Marginal Rate of Substitution. Optimal Point on Budget Line. Types of Indifference Curves.

The core ideas in microeconomics. Supply, demand and equilibrium. Introduction to Economics. Law of Demand. Change in Expected Future Prices and Demand. Price of Related Products and Demand. Changes in Income, Population, or Preferences. Normal and Inferior Goods. Inferior Goods Clarification. Law of Supply. Factors Affecting Supply. Long Term Supply Curve. Market Equilibrium. Changes in Market Equilibrium. Breakdown of Gas Prices. Short-Run Oil Prices. Introduction to Economics. Law of Demand. Change in Expected Future Prices and Demand. Price of Related Products and Demand. Changes in Income, Population, or Preferences. Normal and Inferior Goods. Inferior Goods Clarification. Law of Supply. Factors Affecting Supply. Long Term Supply Curve. Market Equilibrium. Changes in Market Equilibrium. Breakdown of Gas Prices. Short-Run Oil Prices.

The core ideas in microeconomics. Supply, demand and equilibrium. Introduction to Economics. Law of Demand. Change in Expected Future Prices and Demand. Price of Related Products and Demand. Changes in Income, Population, or Preferences. Normal and Inferior Goods. Inferior Goods Clarification. Law of Supply. Factors Affecting Supply. Long Term Supply Curve. Market Equilibrium. Changes in Market Equilibrium. Breakdown of Gas Prices. Short-Run Oil Prices. Introduction to Economics. Law of Demand. Change in Expected Future Prices and Demand. Price of Related Products and Demand. Changes in Income, Population, or Preferences. Normal and Inferior Goods. Inferior Goods Clarification. Law of Supply. Factors Affecting Supply. Long Term Supply Curve. Market Equilibrium. Changes in Market Equilibrium. Breakdown of Gas Prices. Short-Run Oil Prices.

This course reviews management literature, and is designed for individuals and teams who want to utilize research in core business fields to become more effective managers. This course is designed for participants in organizations of all sizes, including entrepreneurs, managers in corporations...

In this class, you will learn how to think with models and use them to make sense of the complex world around us.