Slide 1Lecture # 12 Cost Curves Lecturer: Martin Paredes Slide 2 2 1.Long Run Cost Functions Shifts Average and Marginal Cost Functions Economies of Scale Deadweight Loss…

Slide 1 Lecture # 02-a Introduction (cont.) Lecturer: Martin Paredes Slide 2 2 1.Microeconomic Modeling Elements of models Solving the models 2.The Limits of Microeconomic…

Slide 1 1 Lecture # 01 Introduction Lecturer: Martin Paredes Slide 2 2 1.Definition of Microeconomics 2.Who Should Study Microeconomics? 3.Course Information 4.Microeconomic…

Slide 1 Lecture # 05 Consumer Preferences and the Concept of Utility (cont.) Lecturer: Martin Paredes Slide 2 2 1.Indifference Curves (end) 2.The Marginal Rate of Substitution…

Slide 1 Lecture # 17 Monopoly: Applications Lecturer: Martin Paredes Slide 2 2 1.Natural Monopoly 2.Multi-plant Monopoly 3.Cartels 4.Price Discrimination Slide 3 3 Definition:…