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The welfare impact of a sales tax
kfhinde
28 views
This presentation examines the welfare impact of a sales tax on the consumer, producer and government. It also considers the effect of price elasticity of demand and supply...
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cournot equilibrium
kfhinde
1,263 views
This audio-video slideshow illustrates how equilibrium is achieved in the Cournot model.
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Cournot oligopoly
kfhinde
784 views
In this audio-visual slideshow we address the issue of Cournot equilibrium and compare it to perfect competition and monopoly/collusion.
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profit maximisation under monopoly
kfhinde
426 views
This video explores profit maximisation under monopoly. It shows how firm make supernormal as opposed to normal profit and it introduces the idea that monopoly power may b...
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Price Ceilings
kfhinde
183 views
In this video we show how intervening for good social reasons - in this case to keep the price of rented accommodation affordable - has consequences for economic welfare an...
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price elasticity of demand
kfhinde
300 views
This video introduces the concept of price elasticity of demand.
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Predatory pricing
kfhinde
292 views
This video explains the impct of predatory pricing. The model used is based on Martin S (1994) Industrial Economics, Economic Analysis and Public Policy, Macmillan, second ...
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The budget line and equilibrium
kfhinde
515 views
In this video we explain the consumer's budget line and show equilibrium for the consumer, i.e. how a consumer maximises their utility subject to an income constraint
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Teaching using Elluminate
kfhinde
31 views
In this video we examine three ways of using Elluminate to teach distance learning (or off campus learners).
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The economic impact of tariffs
kfhinde
360 views
This video introduces the welfare onsequences of tariffs.
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