Practice Problems
Elasticity Review
Intro to Maximizing Revenue and Profit
Maximize Revenue Given Demand
Maximize Revenue w/ Piecewise Linear Price Function
Consumer Surplus
Equilibrium & Tax
Exchange Contract Curve
Exchange Competitive Equilibrium Price
Calculating Equilibrium Prices in a Pure Exchange Economy
Pareto Efficiency: Complements Case
Pareto Efficiency: Substitutes Case
Introduction to
Perfect Competition
Subsidy: No Price Discrimination
1st Degree Price Discrimination
2nd Degree Price Discrimination
3rd Degree Price Discrimination
External videos & Example Problems:
Two-Part Tariff Example
Price Discrimination Overview / Review
Monopoly Regulation (ATC and MC Pricing)
Monopoly Equilibrium
Difference between First, Second and Third Degree Price Discrimination
Price Discrimination (1st & 3rd)
1st Degree (with Textbook examples)
2nd Degree
3rd Degree
Cournot
Stackleberg
Bertrand
External videos:
Oligopoly Overview
Cournot (Book Example)
Cournot Numerical Book Example
Oligopoly Monopoly Stackleberg
Externalities: Subsidy
Externalities: MSB=MSC
Externalities: Overview & Review
Public Goods: Overciew & Review
Positive Externalities
Coase Theorem
Tradeable Permits
Negative Externalities
Negative and Positive Externalities
More Externalities Review
Public Goods
Social vs. Private Profit
Rivalry and Excludability
Uncertainty
Risk Preferences & Premiums
Asymmetric Information
Asymmetric Information Review (w/ textbook examples)
Moral Hazard
Adverse Selection & Moral Hazard Exercizes
UCSB CLAS ECON & STATS