Đồ án, luận văn, do an, luan van

What will you learn in this chapter? • What information asymmetries are, and why they matter for economic decision making. – Adverse selection. – Moral hazard. • How to differentiate between screening and signaling and describe some applications of each. • How reputations can help to solve information problems. • How statistical discriminatio...

5 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 614 | Lượt tải: 0

What will you learn in this chapter? • What strategic behavior is and what the components of a strategic game are. • Why noncooperation is a dominant strategy in the prisoners’ dilemma. • How repeated play can enable cooperation. • How backward induction can be used to make decisions. • How first‐movers have an advantage. • How patient player...

7 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 606 | Lượt tải: 0

What will you learn in this chapter? • What time inconsistency is and how it accounts for procrastination and other problems with selfcontrol. • Why sunk costs should not be taken into account in deciding what to do next. • What types of opportunity cost people often undervalue and why undervaluing them distorts decision making. • What fungibil...

7 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 524 | Lượt tải: 0

What will you learn in this chapter? • How revealed preferences relate to utility. • How budget constraints affect utility maximization. • How income affects consumption choices. • How prices affect consumption choices and how to distinguish between income and substitution effects. • How utility is influenced by outside perceptions, and how pe...

9 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 623 | Lượt tải: 0

What will you learn in this chapter? • The effect of a price ceiling or a price floor on the equilibrium price and quantity. • The effect of a tax or a subsidy on the equilibrium price and quantity. • How elasticity and time period influence the impact of a market intervention.

10 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 852 | Lượt tải: 0

What will you learn in this chapter? • Use willingness to pay and sell to determine supply and demand at a given price. • Define and calculate surpluses. • Define and identify efficiency. • Describe the distribution of benefits that results from a policy decision. • Define and calculate deadweight loss. • Explain why correcting a missing mark...

6 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 581 | Lượt tải: 0

What will you learn in this chapter? • Concept of elasticity. • Calculate price elasticity of demand and supply using the mid‐point method. • Explain how the determinants of price elasticity of demand and supply affect the degree of elasticity. • Calculate cross‐price and income elasticities of demand, and interpret the sign of the elasticities...

8 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 700 | Lượt tải: 0

What will you learn in this chapter? • Characteristics of a competitive market. • How to construct a demand curve. • Shift in vs. a movement along the demand curve. • How to construct a supply curve. • Shift in supply vs. movement along supply curve. • How demand and supply interact to bring markets to equilibrium. • How changes in supply an...

14 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 720 | Lượt tải: 0

What will you learn in this chapter? • How to construct a production possibilities frontier. • Describe what causes shifts in production possibilities curves. • Define absolute and comparative advantage. • Define specialization and explain why people specialize. • Explain how the gains from trade follow from comparative advantage

7 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 508 | Lượt tải: 0

What will you learn in this chapter? • Concepts of – Scarcity. – Opportunity cost and marginal decision making. – Incentives. – Efficiency. • How to distinguish between – correlation and causation. – Positive and normative analysis. • Characteristics of good economic modeling.

7 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 473 | Lượt tải: 0