Principles of Microeconomics, Winter 2013

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This course provides an introduction to microeconomics. Professor Hoynes lectures on markets, supply and demand, efficiency and equity. She also uses this basic framework to consider a host of real world applications including taxes, environmental policy, education and welfare programs.

Hilary Hoynes

  • Mar 14, 2013 LATEST EPISODE
  • infrequent NEW EPISODES
  • 1h 10m AVG DURATION
  • 15 EPISODES


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Latest episodes from Principles of Microeconomics, Winter 2013

Monopolies

Play Episode Listen Later Mar 14, 2013 71:36


Lecture 17: Covers Chapter 13 of Krugman's Principles of Microeconomics. A look at the structure of firms who operate as a monopoly. A discussion of how market power can allow for long run profit.

Perfect Competition

Play Episode Listen Later Mar 12, 2013 62:36


Lecture 16: Covers Chapter 12 of Krugman's Principles of Microeconomics. A look at perfect competition in the short and long run.

Theory of the Firm 2

Play Episode Listen Later Mar 7, 2013 72:52


Lecture 15: Covers Chapter 12 of Krugman's Principles of Microeconomics. A look at how perfect competition works and the attributes of the perfectly competitive market.

Theory of the Firm

Play Episode Listen Later Mar 5, 2013 73:10


Lecture 14: Covers Chapter 11 of Krugman's Principles of Microeconomics. A look at the nature of cost curve structure and the product curves.

The Welfare State

Play Episode Listen Later Feb 26, 2013 72:34


Lecture 13: Covers Chapter 18 of Krugman's Principles of Microeconomics. A detailed analysis of the welfare state and the results of government welfare policy.

Public Goods

Play Episode Listen Later Feb 21, 2013 73:46


Lecture 12: Covers Chapter 17 of Krugman's Principles of Microeconomics. An introduction to public goods and the free rider problem.

Market Externalities 2

Play Episode Listen Later Feb 19, 2013 79:28


Lecture 11: Covers Chapter 16 of Krugman's Principles of Microeconomics. A more detailed approach to externalities. Covers four possible solutions to negative eternalities.

Market Externalities

Play Episode Listen Later Feb 14, 2013 70:51


Lecture 10: Covers Chapter 16 of Krugman's Principles of Microeconomics. An overview of externalities, focusing primarily on negative externalities.

Economic Costs

Play Episode Listen Later Feb 12, 2013 66:46


Lecture 9: Covers Chapter 9 of Krugman's Principles of Microeconomics. An introduction to costs.

Excise Taxes

Play Episode Listen Later Feb 5, 2013 70:49


Lecture 8: An Introduction to Taxes. Covers Chapter 7 of Krugman-Principles of Microeconomics. Specifically focuses on excise taxes and the graphical depiction of the tax wedge.

Elasticity

Play Episode Listen Later Jan 29, 2013 60:27


Lecture 7: Covers Chapter 6 of Krugman-Microeconomics. An overview of elasticity in it's various forms.

Price Floors and Price Ceilings

Play Episode Listen Later Jan 24, 2013 75:42


Lecture 6: Covers chapter 5 of Krugman's Principles of Microeconomics. Building off of Lecture 5, Professor Hoynes explores how price floors and price ceilings impact surplus in the market.

Consumer Surplus and Producer Surplus

Play Episode Listen Later Jan 22, 2013 77:36


Lecture 5: Covers Chapter 4 of Krugman-Microeconomics. An explanation of consumer and producer surplus, continuing topics from lecture 4.

S&D Shifters and Willingness to Pay

Play Episode Listen Later Jan 17, 2013 63:31


Lecture 4: Finishes Chapter 3 and starts Chapter 4 of Krugman-Microeconomics including "S&D Shifters" (changes in markets) and "Willingness to Pay."

Markets, Supply and Demand

Play Episode Listen Later Jan 15, 2013 70:59


Lecture 3: Covers chapter 3 of Krugman-Microeconomics including markets, supply and demand and S&D shifters.

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