Wednesday, March 21, 2018

G12 Quiz questions and Presentation


Here is the quiz from today's class: Quiz and the presentation Long Run Profit Maximisation and Efficiency

For the next class, please start reading about the big bad monopolies, chapters 9.1 - 9.5.

See you on Tuesday!

Juris Bariss

Friday, March 16, 2018

G12 Long Run Profit Ctd


Presentation from today's class here: Long Run Profitability and Efficiency.

In the next class, we will finish covering Chapter 8 (remaining: Efficiency, chapter 8.6).

There will be a quiz at the end of the class, covering chapters 7 and 8, please review them over the weekend.

Juris Bariss

Wednesday, March 14, 2018

G12 Long Run Profit Maximisation

Here is the presentation from today's class (one more topic left at the end): Profit Maximisation in the Long Run.
For the next class, we'll cover some new material: Efficiency in PC (please read chapter 8.6) and review previous material (check out chapters 8.3 - 8.5). It is a fairly complicated stuff, let's make sure you are comfortable with it. And as importantly, you'd know what to answer when Mr. Rod asks "what is the difference between the short and long run". (wrong answer: 5km. What is the right answer?)

Tuesday, March 13, 2018

G11 Unemployment Quiz

Here: Unemployment Quiz Chapter 13
Let me know if you had questions/comments about it.

For the next class, please refresh chapter 14.1 and 14.2.

See you on Thursday.

Monday, March 12, 2018

G12 Presentation Profit Maximisation in Short Run


The presentation from today's class: Short Run Revenue and Profit Maximisation
For the next class, please read chapter 8.4 - the profit maximisation in the long run.

See you on Wednesday!

Thursday, March 8, 2018

G12 Presentation March 8 Revenue in Short Run

The presentation is here: Revenue in Short Run.

The next class - Profit in Short term, chapter 7.5. Yesss, finally - some profit!

See you on Monday!

Monday, March 5, 2018

G11 Presentation March 5 and 7


Please find the class presentation here: Unemployment updated

OECD unemployment data here OECD Unemployment Rates. Note out the youth unemployment data.

For the next class (March 7), please read chapters 14.1. and 14.2.
There will be a short quiz (book based) on chapter 13. Review your notes and the book chapter to prepare.
Good luck!