
Lecture Description
Notes on transport, markets vs. bureaucracy, more on the walkout, math v. econ, utility, collective action, information (Hayek 44), incentives in markets v. monopolies/bureaucracies
Course Index
- Introduction to Environmental Economics
- Water markets, Options and Trading (Guest lecture by Claire Tompkins)
- Transport (Guest lecture by Damian Bickett)
- Review of Guest Lectures
- Supply and Demand
- Missing Markets, Elasticity, and Constrained Optimization
- Marginal Rate of Substitution vs. Elasticity
- The Production Function & Profit Maximization
- Political Economy, Macroeconomics, and Optimal Production
- Transport, Markets vs. Bureaucracy, Walkout
- Cost Accounting, Benefit, and Opportunity Costs
- Lecture 12
- Lerner Index, Monopsony, Bilateral Monopoly, and Two-sided Markets
- Corporate Social Responsibility vs. Profit Max
- The Sociology of Economists
- Principal-Agent Economics
- Homo Economicus vs. Social Preferences
- Scientific Method (Popper's Falsification, Deductive and Inductive Reasoning)
- Lobbying, Auctions, and Microfinance
- Intrinsic/Extrinsic Incentives, Public Choice
- Game Theory: Prisoner's Dilemma, Sequential Games, Mixed Strategies
- Dutch Infrastructure and the Struggle of Competing Interests (Guest lecture by Ties Rijcken)
- Cournot Competition & Bertrand Competition
- Extrinsic vs. Intrinsic Motivation
- Climate Change: Politics, Collective Action, and Climategate
- Bounded Rationality, Bubbles, and Risk Aversion
- Free-riders vs. Cooperators
- Strategy in Public Goods Game
Course Description
Microeconomic Theory with Application to Natural Resources by instructor David Zetland, PhD. This course covers the basic microeconomic tools for further study of natural resource problems. Theory of consumption, production, theory of the firm, industrial organization, general equilibrium, public goods and externalities. Applications to agriculture and natural resources.
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