Economics Video Lectures, Readings 13 to 18, Level 1 Dec 2010
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Your material was excellent. You did a very good job of simplifying difficult concepts in the level 1. Most concepts that the official textbooks took 10-20 pages to explain, you were able to do it in a matter of minutes. As a result of using your materials I passed CFA level 1. I couldn't have done it without you. Thank you. Travis Curtis Rampersad, B.Sc.(First Class Honours) Oxford Brookes University
Economics Lecture 1
Topics: Aggregate Demand; Price Elasticity of Demand; Total Demand; and Elasticity of Supply (Reading 13)
Economics Lecture 2
Topics: Microeconomic Analysis and Utility Functions; and Marginal Analysis (Readings 14 and 15)
Economics Lecture 3
Topics: Marginal Utlities and Prices at the Optimum (Readings 14 and 15)
Economics Lecture 4
Topics: Supply of Goods; Variable and Fixed Costs; Average and Marginal Costs (Readings 16 and 17)
Economics Lecture 5
Topics: Economies and Diseconomies of Scale; Kinds of Markets (Competitive, Oligopolistic, and Monopolistic); Profit Maximizing Output for Firms; Marginal Cost Changes with Quantity (Readings 16 and 17)
Economics Lecture 6
Topics: Equilibrium in a Competitive Market; Efficiency of Competitive Markets; Short-term Price Changes and Long-term Equilibrium (Readings 17 and 18)
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