Chapter 1 notes Definition of Economics The first thing that we should discuss is the definition of "economics." Economists generally define economics as the study…

District 102 PTO Student Directory 2012-2013 Pritchett, Tripp, Meridian, and Aptakisic Please support the local m erchants who support our schools and tell them you saw their…

Slide 1 Slide 2 Outline Airline ticket pricing The demand function Determinants of demand Elasticity of demand Price elasticity, revenue, and marginal revenue Slide 3 Airline…

Slide 11 Thinking Like an Economist Slide 2 2 Philosophy of This Course Focus on covering the core ideas of economics rather than covering many topics superficially – chances…

Slide 1Principles of Microeconomics Dr. L. Pantuosco, Professor Winthrop University, Rock Hill SC Slide 2 Price Discrimination Dr. L. Pantuosco, Economics Professor Slide…

Slide 1 Slide 2 Price Discrimination Slide 3 Students at Sherwood High in Sandy Springs, Maryland talk about things that bother them Slide 4 Slide 5 What is price discrimination?…

Slide 1Market Failure: Monopoly 1 Slide 2 Because they have market power, monopolists could practice price discrimination. Price discrimination separate customers into groups…

1.Revisions to CCL Associations Website8FEB112. Landing Page3. Add the word “Bahamas” before Celebration Cruise Boatcomplimentary cruiseX4. Should be“flat” not “lat”5.…

Slide 1Econ 201 Lecture 7.1 Market Failure: Monopoly 1 Slide 2 More Complex Monopoly Pricing Schemes Classic categorization of monopolies –3 levels of price discrimination…

Slide 1 Slide 2 The Optimal Mark-Up and Price Discrimination Outline The optimal mark-up over cost What is price discrimination? Examples of price discrimination When is…