Monday, December 12, 2011

Market Failures - part 2


Topics and Times

Monopoly Graph Review - :17
Government and Antitrust Laws - 1:20
Unfair Distribution of Wealth intro - 4:03
The Lorenz Curve - 5:40
Taxes intro - 8:53
Taxes and their purpose - 9:12
Three types of taxes - 9:57
The Laffer Curve - 13:05

Tuesday, December 6, 2011

Monopsony and Least Cost - Tuesdays Class


  

Subjects and times are listed below.

Least Cost Rule - :31
Least Cost Rule on a FRQ - 1:54
Profit Maximizing Rule for combining resources - 4:31
Characteristics of Monopsony - 5:56
Determining MFC for Monopsony - 9:13
Graphing Monopsony - 11:36