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Microecon:Main
FromCoursera

Contents
1VideoLectureNotes
1.1Week1
1.2Week2
1.3Week3
1.4Week4
1.5Week5
1.6Week6
1.7Week7
1.8Week8
2Categories

VideoLectureNotes
Awikiisawebsitethatanyonecanedit.Together,we'llusethiswikitocompilenotesabouteachofthe
lecturevideos.Whenviewingthewikipageforagivenlecture,clicktheEdittabatthetoprightto
beginediting.BesuretoclicktheSavepagebuttonatthebottomwhenyouhavefinishedsothatothers
canalsoeditthepage.Whileyoucanenterbasictextintotheeditor,thosewhowishtoaddsome
formattingmaywishtoreviewthisMarkdownguide
(https://share.coursera.org/wiki/index.php/Markdown_guide).Takeadvantageofthesenotesbutalso
contributetothem!

Week1
1.1WhatisEconomics?
1.2OpportunityCosts
1.3NetMarginalBenefitPrinciple
1.4TheInvisibleHandPrinciple
1.5Trade

Week2
1.1.WhatisaMarket?

1.2.TheMarketforRomanticRelationships
2.1.TheDeterminantsofDemand
2.2.TheDemandFunction,Schedule,andCurve
2.3.IntroducingComparativeStatistics:ChangesinthePrice
2.4.AChangeinDemand:Part1
2.5.AChangeinDemand:Part2
3.1.TheDeterminantsofSupply
3.2.TheSupplyEquation,Schedule,andCurve
3.3.PriceofanInputChanges
3.4.AChangeinTechnology
4.1.SupplySurplus,SupplyShortage,andEquilibriumPrice
5.1.ChangesinDemand:PriceofRelatedGoods
5.2.ChangesinDemand:ConsumerPreferences
5.3.AChangeinSupply
5.4.SimultaneousChangeinSupplyandDemand
6.1.DemandandSupplyConclusion

Week3
1.1.Doweneedsillyproducts?
2.1.WhatisConsumerSurplus?
2.2.ConsumerSurplusandtheDemandCurve
3.1.WhatisProducerSurplus?
3.2.ProducerSurplusandtheSupplyCurve
4.1.TotalSurplus:TheGraphicalArgumentforFreeMarkets
5.1.PriceCeilings
5.2.PriceFloors
6.1.Couldwereducetheshortageofhumanorgans?
6.2.Application:PlayoffTicketsandScalpingLaws

Week4
1.1IntroductiontoElasticity
2.1DefinitionandClassifyingPriceElasticitiesofDemand
2.2PriceElasticityofDemandandRevenue
2.3DeterminantsofPriceElasticityofDemand
2.4PriceElasticitiesofDemandandtheLinearDemandCurve
3.1IncomeElasticityofDemand
3.2CrossPriceElasticityofDemand
4.1DefinitionofPriceElasticityofSupply
4.2DeterminantsofPriceElasticityofSupply
5.1IntroductiontoPerUnitTaxes
5.2TheDistributionalEffectsofTax
5.3TaxesandSurplus
6.1ShouldBlackDogincreasethepriceoftheirsandwiches?
6.2OtherApplicationsofPriceElasticity

Week5
1.1IntroductiontoProduction
2.1Demonstration:TheProductionofTennisBalls
2.2TheProductionProcessataGlance
2.3ANumericalExample:CooksintheKitchen

3.1Fixed,Variable,andTotalCosts
3.2MarginalCosts
3.3CostCurves
4.1BacktoBlackDog
4.2Applications

Week6
1.1IntroductiontoCompetitiveOutput
2.1TheMaximizingProfitAssumption
2.2TheProfitEquation
2.3TheProfitMaximizingRule
3.1PerfectCompetition
4.1TheShortrunDecision
4.2LongrunCompetitiveOutput
4.3UsingtheLongrunEquilibriumModel
4.4TheLongrunSupplyCurve
5.1ConclusiontoCompetitiveOutput

Week7
1.1PricingwithMarketPower:AnIntroduction
2.1MarketStructuresWithPricingPower
2.2SourcesofMarketPower
3.1WhenMarginalRevenueisLessthanPrice
3.2MarginalRevenueandthePriceElasticityofDemand
4.1PerfectPriceDiscrimination
4.2ImperfectPriceDiscrimination
4.3OtherPricingStrategies
5.1TheSocialCostofMarketPower
6.1PricingwithMarketPower:Conclusion

Week8
1.1IntroductiontoPublicGoods,CommonResourcesandExternalities
2.1HowtoClassifyGoods
2.2Whattypeofgoodisthis?
3.1ThePublicGoodsGame
3.2PublicGoods
3.3SolvingtheFreeRider
4.1TheTragedyoftheCommons
4.2HowtoDealwiththeTragedyoftheCommons
5.1NegativeExternalities
5.2PositiveExternalities
5.3PrivateSolutions
5.4GovernmentalSolutions
6.1ConclusiontoPublicGoods,CommonResourcesandExternalities

Categories
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Coursera Microecon
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