'Long run equilibrium' diaporamas de présentation

Comparison and Analysis of the 4 Market Structures

1.29k views • 83 slides

ECO 120- Macroeconomics

ECO 120- Macroeconomics. Weekend School #1 8 th April 2006 Lecturer: Rod Duncan Previous version of notes: PK Basu. Topics for discussion. Module 1 - basic macroeconomic concepts Income determination, basic macroeconomic theory, investment decision Module 2 - the money market

928 views • 67 slides

ECO 120- Macroeconomics

ECO 120- Macroeconomics. Weekend School #1 8 th April 2006 Lecturer: Rod Duncan Previous version of notes: PK Basu. Topics for discussion. Module 1 - basic macroeconomic concepts Income determination, basic macroeconomic theory, investment decision Module 2 - the money market

917 views • 67 slides

ECO 120- Macroeconomics

ECO 120- Macroeconomics. Weekend School #1 16 th April 2005 Morning Session Lecturer: Rod Duncan Previous version of notes: PK Basu. Topics for discussion. Module 1 - basic macroeconomic concepts Income determination, basic macroeconomic theory, investment decision

789 views • 64 slides

ECO 120- Macroeconomics

ECO 120- Macroeconomics. Weekend School #1 16 th April 2005 Morning Session Lecturer: Rod Duncan Previous version of notes: PK Basu. Topics for discussion. Module 1 - basic macroeconomic concepts Income determination, basic macroeconomic theory, investment decision

734 views • 64 slides

Fiscal Policy

Fiscal Policy. Some Theory and the Practice in Ireland. Learning Objectives. FP as Stabilization Policy for AD & AS Shocks The Problem of Lags The Multiplier The Automatic Stabilizer and Full employment Balance Debt Sustainability Deficit control Policy Rules What is to be done?.

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Impulse-Response Functions Analysis : An application to the Exchange Rate Pass- Through in Mexico

Sylvia Beatriz Guillermo Peon Facultad de Economia . Benemerita Universidad Autonoma de Puebla Martin Alberto Rodriguez Brindis Escuela de Economia y Negocios Universidad Anahuac Campus Oaxaca.

944 views • 33 slides

Perfect Competition

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Monopolistic Competition

16. Monopolistic Competition. Between Monopoly & Perfect Competition. Imperfect competition Between perfect competition and monopoly Oligopoly Monopolistic competition Oligopoly Few sellers Offer similar or identical products. Between Monopoly & Perfect Competition.

768 views • 22 slides

Institutional Economics

Institutional Economics. Chapter 12. What is an "institutional" economist? . Focus on understanding the role of human-made institutions in shaping economic behavior

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The Rise and Fall of

The Rise and Fall of. Industries. Examples of rising and falling industries. Beef chicken bagel stores smoothies video rental stores drive-in movies. Long Run vs. Short Run in an Industry. Long run for an industry Firms have either entered or exited the industry

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Perfect Competition & Welfare

Perfect Competition & Welfare. Outline. Derive aggregate supply function Short and Long run equilibrium Practice problem Consumer and Producer Surplus Dead weight loss Practice problem. Focus on profit maximizing behavior of firms Take as given the market demand curve.

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ASPECTS OF EXTERNAL MARKET ENVIRONMENT

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Ch 14 Problems and Applications 1-6:

Ch 14 Problems and Applications 1-6: . #1. What are the characteristics of a competitive market? Many buyers/sellers Each has negligible impact Price taker Identical (same) goods Free entry/exit = access to info./technology

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Long Run Market Supply is Horizontal (p. 306)

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Economics 161

Economics 161. Principles of Economics Quiz # 1 Spring 2012. Rules of Engagement. The quiz is worth 10 points to be added onto the next exam after the curve is computed. The quiz is open book, open note, and students may freely collaborate in small groups. Current Events.

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The Small Open Economy

The Small Open Economy. How the real exchange rate keeps the goods market in equilibrium. Y = C + I + G + NX( ? ). Model Background. Demand. Supply.

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The Closed Economy

The Closed Economy. How the real interest rate keeps the goods market in equilibrium Y = C + I(r) + G. Model Background. Demand. Supply. This model is closed in the sense that there are no exports or imports in the model. The model does include government tax and government expenditure.

538 views • 9 slides

Aggregate Demand and Aggregate Supply

Aggregate Demand and Aggregate Supply. Comparison of Short Run and Long Run Equilibrium Points. Learning Objectives. Understand the difference between short-run equilibrium and long-run equilibrium

216 views • 7 slides