Econ on the Go
These short podcasts are summaries of the microeconomic topics I teach in my Managerial Economics course at the Olin Business School at Washington University in St. Louis.
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Episodes
Wednesday Oct 28, 2020
Wednesday Oct 28, 2020
How does a monopolist trade off changes in revenue from existing customers and the changes from new or lost customers?
Wednesday Oct 28, 2020
Wednesday Oct 28, 2020
What happens when input prices or quantity targets change, and what are the differences between total, variable and fixed costs?
Tuesday Oct 27, 2020
Tuesday Oct 27, 2020
Variable and fixed costs affect which is the optimal combination of inputs the firm should use to produce its products and services.
Saturday Oct 24, 2020
Saturday Oct 24, 2020
Economic concepts of production technology are explored in this episode.
Monday Oct 19, 2020
Monday Oct 19, 2020
The second set of government interventions are the price and quantity restrictions.
Wednesday Oct 14, 2020
Wednesday Oct 14, 2020
How do taxes affect the competitive equilibrium, and how are subsidies related to taxes?
Tuesday Oct 13, 2020
Tuesday Oct 13, 2020
This episode discusses the supply-demand framework and how the competitive market results in the most surplus in the market.
Wednesday Oct 07, 2020
Wednesday Oct 07, 2020
Why does the supply curve slope up, and what are the factors that affect the supply curve?
Monday Oct 05, 2020
Monday Oct 05, 2020
The demand curve concepts of consumer surplus and elasticity are explored in more detail.
Tuesday Sep 29, 2020
Tuesday Sep 29, 2020
Why does the demand curve slope down, and how do changes in the economy affect the demand curve?