Episode 19: Indifference Curve Analysis
Using Indifference Curve Analysis to determine a consumer's buying choice given income, prices, and preferences. NOTE: The scenario results that I go through at the end of the video are ENTIRELY dependent on the shape of the preferences. You may find that you get slightly different results
From playlist Microeconomics modules
http://mathispower4u.wordpress.com/
From playlist Applications of Definite Integration
Ex 1: Cost Function Applications - Marginal Cost, Average Cost, Minimum Average Cost
This video explains how several application of the cost function including total cost, marginal cost, average cost, and minimum average cost. The total cost function is a quadratic function. Site: http://mathispower4u.com
From playlist Applications of Differentiation – Maximum/Minimum/Optimization Problems
This video provides an example of how to find the equilibrium point given the demand and supply functions. Then consumer surplus is found. Site: http://mathispower4u.com
From playlist Business Applications of Integration
Ex: Find the Average Cost Function and Minimize the Average Cost
This video explains how to find the average cost function and find the minimum average cost given the total cost function. Site: http://mathispower4u.com
From playlist Applications of Differentiation – Maximum/Minimum/Optimization Problems
In this video we cover the idea of marginal cost. This is simply the derivative of the cost function. We can roughly define marginal cost as the cost of producing one additional item. For more videos please visit http://www.mysecretmathtutor.com
From playlist Calculus
Unit 7 - no price discrimination part 2
From playlist Courses and Series
Optimal point on budget line | Microeconomics | Khan Academy
Using indifference curves to think about the point on the budget line that maximizes total utility Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&ut
From playlist Theory of consumer choice | AP Microeconomics | Khan Academy
MIT 14.04 Intermediate Microeconomic Theory, Fall 2020 Instructor: Prof. Robert Townsend View the complete course: https://ocw.mit.edu/courses/14-04-intermediate-microeconomic-theory-fall-2020/ YouTube Playlist: https://www.youtube.com/watch?v=XSTSfCs74bg&list=PLUl4u3cNGP63wnrKge9vllow3Y2
From playlist MIT 14.04 Intermediate Microeconomic Theory, Fall 2020
2. Preferences and Utility Functions
MIT 14.01 Principles of Microeconomics, Fall 2018 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/14-01F18 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62oJSoqb4Rf-vZMGUBe59G- This video focuses on the demand curve, derived from how co
From playlist MIT 14.01 Principles of Microeconomics, Fall 2018
Lec 5 | MIT 14.01SC Principles of Microeconomics
Lecture 5: Budget Constraints Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
From playlist MIT 14.01SC Principles of Microeconomics
Unit 2 - consumer demand part 3
From playlist Courses and Series
3. Budget Constraints and Constrained Choice
MIT 14.01 Principles of Microeconomics, Fall 2018 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/14-01F18 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62oJSoqb4Rf-vZMGUBe59G- This lecture continues the discussion about consumer choice
From playlist MIT 14.01 Principles of Microeconomics, Fall 2018
Ex 2: Cost Function Applications - Marginal Cost, Average Cost, Minimum Average Cost
This video explains how several application of the cost function including total cost, marginal cost, average cost, and minimum average cost. The total cost function is a quadratic function. Site: http://mathispower4u.com
From playlist Applications of Differentiation – Maximum/Minimum/Optimization Problems
Interest rate parity: visual/mathematical (FRM T3-21b)
Interest rate parity (IRP) anticipates depreciation (appreciation) by the currency with the higher (lower) interest rate to maintain equilibrium (i.e., investor indifference). In equilibrium, 100*exp[r(b)*T]*F(0) = 100*S(0)*exp[r(q)*T] where r(b) is the base currency's interest rate and r(
From playlist Financial Markets and Products: Intro to Derivatives (FRM Topic 3, Hull Ch 1-7)
Lecture 3: Income and Substitution Effects
MIT 14.04 Intermediate Microeconomic Theory, Fall 2020 Instructor: Prof. Robert Townsend View the complete course: https://ocw.mit.edu/courses/14-04-intermediate-microeconomic-theory-fall-2020/ YouTube Playlist: https://www.youtube.com/watch?v=XSTSfCs74bg&list=PLUl4u3cNGP63wnrKge9vllow3Y2
From playlist MIT 14.04 Intermediate Microeconomic Theory, Fall 2020
Lec 6 | MIT 14.01SC Principles of Microeconomics
Lecture 6: Deriving Demand Curves Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
From playlist MIT 14.01SC Principles of Microeconomics
Lec 13 | MIT 14.01SC Principles of Microeconomics
Lecture 13: Welfare economics Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
From playlist MIT 14.01SC Principles of Microeconomics
