OC2551103

OC2551103

Rutgers University

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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 27: Externality, Market Failure, Lection

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6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 26: Abstract Window Toolkit, Import Quota

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6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 25: Economic Equilibrium

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6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 21: Allocative Efficiency, Monopolistic Competition, Productive Efficiency

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15 Nov 2018
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Productive efficiency- the equality of price and minimum atc yields productive efficiency. Allocative efficiency - the equality of price and mc yields
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 20: Tacit Collusion, Nash Equilibrium, Oligopoly

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10 Nov 2018
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A decision rule that describes actions a player will take. Representation of a game indicating the players, their strategies, and the payoffs resulting
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 19: Oligopoly, Marginal Cost, Product Differentiation

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8 Nov 2018
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Monopolies are not permanently protected from forces of entry and imitation. The main difference between a competitive firm and a monopoly is the lengt
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 18: Market Power, Demand Curve, Marginal Revenue

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2 Nov 2018
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A firm that is the only producer of a good with no close substitutes. An industry controlled by a monopolist is known as a monopoly. The ability of a f
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture 17: Market Structure

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1 Nov 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 16: Liquid Oxygen, Cost Curve, Sam Lecure

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30 Oct 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 15: Italian General Confederation Of Labour

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24 Oct 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture 14: ECON 102 Lecture 14 - Decision Making by Individuals and Firms

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19 Oct 2018
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Econ 102 lecture 14 - decision making by individuals and firms. Explicit cost is a cost that occurs, is easily identified, and is accounted for in busi
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 4: Demand Curve, The Graphic, Economic Equilibrium

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18 Oct 2018
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Econ 102 lecture 4 - supply and demand. A competitive market has many buyers and sellers of the same good or service, none of whom can influence the pr
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 3: Human Capital, Absolute Advantage, Comparative Advantage

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15 Oct 2018
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Econ 102 lecture 3 - models and tradeoffs cont. What causes economic growth: an increase in factors of production - resources used to create goods or s
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 2: Opportunity Cost, Demand Curve

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14 Oct 2018
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Econ 102 lecture 2 - models and tradeoffs. Simplified representation of a real situation that is used to better understand real-life situations. Steps:
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 1: Profit Motive, Opportunity Cost, The Incentive

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12 Oct 2018
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Economics - comes from the greek word "okionomia", which roughly translates to "household management" Economics is a social science, which is analyzes
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 10: Sales Tax, Tax Bracket, Payroll Tax

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5 Oct 2018
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Progressive - income rises, so do average tax rates. Regressive - income rises, average tax declines. Proportional - income rises, average tax stays th
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