In economics, the marginal product of capital (MPK) is the additional production that a firm experiences when it adds an extra unit of capital. It is a feature of the production function, alongside the labour input. (Wikipedia).
Unit 7 - no price discrimination part 2
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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
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Unit 8 - practice problem 1 solution
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http://mathispower4u.wordpress.com/
From playlist Business Applications of Differentiation and Relative Extrema
Unit 5 - practice problem 1 solution
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Unit 8 - practice problem 2 solution
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Section (2.7) Marginal Analysis
Applied Calculus – Section (2.7) Marginal Analysis This lecture defines marginal cost, revenue, and profit. We use the derivative to evaluate marginal change at a specified level of production and compare the result to the exact monetary change when production increases by one unit. Then w
From playlist Applied Calculus
Finding the Marginal Cost Function given the Cost Function
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From playlist Calculus
Lec 9 | MIT 14.01SC Principles of Microeconomics
Lecture 9: Productivity and Costs 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
ETH Lecture 10. Economic Dynamics: Production Functions (24/11/2011)
Course: Systems Dynamics and Complexity (Fall 2011) from ETH Zurich. Source: http://www.video.ethz.ch/lectures/d-mtec/2011/autumn/351-0541-00L.html
From playlist ETH Zürich: Systems Dynamics and Complexity (Fall 2011) | CosmoLearning Mathematics
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 introduces the second unit of the course about p
From playlist MIT 14.01 Principles of Microeconomics, Fall 2018
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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 producer theory
From playlist MIT 14.01 Principles of Microeconomics, Fall 2018
Mod-01 Lec-30 Keynesian economics
History of Economic Theory by Dr. Shivakumar, Department of Humanities and Social Sciences IIT Madras, For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Madras: History of Economic Theory | CosmoLearning.org Economics
Lec 8 | MIT 14.01SC Principles of Microeconomics
Lecture 8: Introduction to Producer Theory 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
16. Input Markets II—Labor and Capital
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 to explore factor markets, using min
From playlist MIT 14.01 Principles of Microeconomics, Fall 2018
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
Unit 3 - practice problem 4 solution
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15. Input Markets I—Labor Market
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 covers factor markets, the markets that set th
From playlist MIT 14.01 Principles of Microeconomics, Fall 2018