Wednesday, September 20, 2017

Tomorrow in class - lecture for half the time - then an experiment

Tomorrow, I am planning to first review the Excel homework that is due this evening, then go through a brief presentation on related issues.

If you want more background information than that, you can find such information below.

Partial Equilibrium Approach - Social Surplus

YouTube Videos
Social Surplus Basics
Allocating Surplus in the Presence of a Unit Tax
Allocating Surplus - Monopoly

Excel Workbook
Cost-Benefit Analysis.xlsx

General Equilibrium/Edgeworth Box Approach

YouTube Videos
Welcome and Deconstruction
Barter
Consumer A's Choice
Existence and Uniqueness of Competitive Equilibrium
Pareto Improvement
First and Second Welfare Theorems

Excel Workbook
Edgeworth Box.xlsx

Word Document
Notes on General Equilibrium.docx

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