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Covers normative and positive economics, the circular flow and marginal analysis
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Pure competition in the long run.
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This short video clip will go through a number of thought experiments concerning what will happen under different supply and demand shocks.
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Monopoly profit-maximizing price and output level.
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Creative Commmons License
Attribution: CC BY
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Chapter 3 - Demand and Supply - section 3.2
Creative Commmons License
Attribution-NonCommercial-NoDerivs: CC BY-NC-ND
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Chapter 3 - Demand and Supply - Section 3.4
Creative Commmons License
Attribution-NonCommercial-NoDerivs: CC BY-NC-ND
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This is a one-minute video which explains how the Research and Development game works.
Creative Commmons License
Attribution-NonCommercial-NoDerivs: CC BY-NC-ND
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Perfect competition lecture
Creative Commmons License
Attribution: CC BY
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Costs, Production and Industry Structure - The Size and Number of Firms in an Industry
Creative Commmons License
Attribution: CC BY
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Perfect Competition - Calculating MR from TR. Image provided by OpenStax.
Creative Commmons License
Attribution: CC BY
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Perfect Competition - Shut Down Rule. Image provided by OpenStax.
Creative Commmons License
Attribution: CC BY
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Perfect Competition - Calculating Total Revenue. Image provided by OpenStax.
Creative Commmons License
Attribution: CC BY
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Oligopoly - Monopolistic Competition - Entry and Exit. Image provided by OpenStax.
Creative Commmons License
Attribution: CC BY
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Oligopoly - Prisoner's Dilemma Problem. Image provided by OpenStax.
Creative Commmons License
Attribution: CC BY
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Oligopoly - Kinked Demand Curve Model. Image provided by OpenStax.
Creative Commmons License
Attribution: CC BY
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