Module 1: How the Costs of Doing Business Determine Success and Failure-Course Welcome
Instructor Introduction
()
Introduction to the Course
()
Program Overview
()
Syllabus
Module 1: How the Costs of Doing Business Determine Success and Failure-Module 1 Introduction
Module 1 Introduction
()
Prisoner's Dilemma Video
()
Economic Lessons from Prisoner's Dilemma
()
Module 1: How the Costs of Doing Business Determine Success and Failure-Lesson 1: Basics of Supply and Demand
Economics and Consumer and Producer Surplus
Markets
()
Module 1: How the Costs of Doing Business Determine Success and Failure-Lesson 2: Categorizing Costs
Adamantium Case Study - First Reading
The Adamantium Industry
()
Cost Structures
()
Module 1: How the Costs of Doing Business Determine Success and Failure-Lesson 3: Understanding Market Cost Data
Microeconomics of Costs
Market Forces
()
Module 1: How the Costs of Doing Business Determine Success and Failure-Module 1 Summary
Module 1 Summary
Module 2: From Cost Structures to Market Supply Curves-Module 2 Introduction
Module 2 Introduction
()
Module 2: From Cost Structures to Market Supply Curves-Lesson 1: Supply Curves
Adamantium Case Study - Second Reading
Economic Profit
A Firm's Short-Run Supply
()
Firm Short-Run Supply Part 2
()
Module 2: From Cost Structures to Market Supply Curves-Lesson 2: From the Firm to the Market
Executive Summary of Introductory Economic Concepts
Firm vs Market Supply Curve (short-run)
()
Market Short-Run Supply Curve
()
Using Excel to Plot a Market Short-Run Supply Curve
()
Module 2: From Cost Structures to Market Supply Curves-Lesson 3: Profit and Market Equilibrium
Demand and Supply Shifters
Profit
()
Simple Demand Curves
()
Module 2: From Cost Structures to Market Supply Curves-Module 2 Summary
Module 2 Summary
Module 3: The Economic Outcomes of Competitive Markets-Module 3 Introduction
Introduction to Module 3
()
Module 3: The Economic Outcomes of Competitive Markets-Lesson 1: Price Prediction
Market Equilibrium
Entry Price
()
Entry Price (continued)
()
Exit Price
()
The Long-Run Supply Curve
()
Short Run vs Long Run - Firm
()
Short Run vs Long Run - Market
()
Module 3: The Economic Outcomes of Competitive Markets-Lesson 2: Applications and Examples
Real Estate Investment
Entry Price Example - Real Estate
()
Example - Short-Run and Long-Run Analysis
()
Module 3: The Economic Outcomes of Competitive Markets-Lesson 3: Entry Conclusion and Interpreting Price Paths
Executive Summary of Cost Concepts
Concluding the Case
()
Interpreting Market Price Path - Oil Industry Example
()
Module 3: The Economic Outcomes of Competitive Markets-Module 3 Summary
Module 3 Summary