Duke Micro Econ Chapter 16 1.0.0FREEAnimated and verbal exploration of General Equilibrium. Animated Edgeworth Box graphics are used to illustrate general equilibrium and disequilibrium in a competitive economy. A simple version of the Second Welfare Theorem is graphically illustrated....Read More Rating:
MicroEcon II-23 Monopoly 1.0.0FREEMonopoly, monopoly profit maximization, price discrimination (first, second and third-degree price discrimination) and natural monopoly are covered in this app using animated diagrams with accompanying voice overs. The first six diagrams are at the...Read More Rating:
Duke Micro Econ Chapter 15 1.0.2FREEAnimated and verbal exploration of surplus in competitive markets. Graphical derivation of consumer surplus, producer surplus and worker surplus are all shown. Relationship between surplus and profit is explored. A simple version of the First Welfare...Read More Rating:
Duke Micro Econ Chapter 13 1.0.2FREETopics covered: Marginal cost, average cost, short run costs, long run costs, ATC, AVC, MC, Average Expenditure, supply curve Animated and verbal exploration of short run and long run costs and how these affect firm behavior. We explore how the...Read More Rating:
Duke Micro Econ Chapter 21 1.0.0FREEExternalities, both negative and positive are considered, as is the associated lost surplus and deadweight loss generated by externalities. The efficacy of corrections to such markets including Pigouvian taxes and subsidies as well as establishing...Read More Rating:
Duke Micro Econ Chapter 14 1.0.0FREEAnimated and verbal exploration of market equilibrium in perfect competition and how such markets adjust when the equilibrium is disturbed by a change in conditions such as changes in demand and production costs. Overall industry equilibrium is...Read More Rating:
Duke Micro Econ Chapter 18 1.0.1FREEAnimated and verbal exploration of simple markets with price floors, price ceilings and non-price rationing. Demand elasticity including perfectly inelastic and perfectly elastic curves as well as constant elasticity demand curves is covered. This...Read More Rating:
Duke Micro Econ Chapter 12 1.0.2FREEAnimated and verbal exploration of topics began in Chapter 11 App are extended to multiple inputs. Cost curves and cost minimization are also considered. The importance of returns to scale is explored and how (if at all) it relates to the marginal...Read More Rating:
Intermediate Micro Econ 4 - In 1.0.4FREEDescription: Preferences and Indifference Curves - animations and detailed audio explanations. Covers various standard assumptions about preferences, how these assumptions translate into indifference curves. In part B, 3 dimensional utility functions...Read More Rating:
Duke Micro Econ Chapter 8 1.0.5FREEIncome and Wealth effects are developed and explained in detail with animated graphs and audio explanations. As each animation unfolds Professor Nechyba explains the underlying Micro economics of Income and Wealth effects. In these graphs income is...Read More Rating:
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