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Description

Fall 2015

E McDermott

PAM 2000

Since the first week of classes only had one lecture, I've put weeks 1 and 2 together.

Week 3! Budget constraints, taxes, graphs, utility

Cobb-Douglas Extreme Preferences Corner vs. Interior Solutions Tangency

Leontief, Linear and Cobb-Douglas Preferences

Ordinary and Compensated Demand Elasticity Substitution and Income Effects

Compiled notes from lecture and discussion

IC and BC Monopoly Perfect Competition Decision to Enter/Exit

Monopolies, pharmaceuticals

Game Theory Auctions and Bidding

Pareto Optimality and Efficiency Externality and Pollution Public Goods

Asymmetric Information Market Efficiency

Organized lecture notes from week 8 Discussion notes including graphs and calculations

Asymmetric Information Risk and Uncertainty (Risk Premium, Expected Value, Expected Utility)

Risk Neutrality Risk and Insurance (EV, EL, RP, CE, etc)

Risk example problems with solutions (EV, EU, RP, etc)