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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. Hosted on Acast. See ... more
FAQs about Econ on the Go:How many episodes does Econ on the Go have?The podcast currently has 22 episodes available.
November 06, 2020Profit MaximizationWhat is the rule for how much a firm should produce if they want to maximize profits? Hosted on Acast. See acast.com/privacy for more information....more7minPlay
October 29, 2020Revenue MaximizationHow does a monopolist trade off changes in revenue from existing customers and the changes from new or lost customers? Hosted on Acast. See acast.com/privacy for more information....more10minPlay
October 29, 2020Cost, Part IIWhat happens when input prices or quantity targets change, and what are the differences between total, variable and fixed costs? Hosted on Acast. See acast.com/privacy for more information....more9minPlay
October 27, 2020Cost, Part IVariable and fixed costs affect which is the optimal combination of inputs the firm should use to produce its products and services. Hosted on Acast. See acast.com/privacy for more information....more11minPlay
October 24, 2020ProductionEconomic concepts of production technology are explored in this episode. Hosted on Acast. See acast.com/privacy for more information....more10minPlay
October 19, 2020Price & Quantity RestrictionsThe second set of government interventions are the price and quantity restrictions. Hosted on Acast. See acast.com/privacy for more information....more10minPlay
October 14, 2020Taxes & SubsidiesHow do taxes affect the competitive equilibrium, and how are subsidies related to taxes? Hosted on Acast. See acast.com/privacy for more information....more9minPlay
October 13, 2020Competitive Markets & EquilibriumThis episode discusses the supply-demand framework and how the competitive market results in the most surplus in the market. Hosted on Acast. See acast.com/privacy for more information....more9minPlay
October 08, 2020Basics of SupplyWhy does the supply curve slope up, and what are the factors that affect the supply curve? Hosted on Acast. See acast.com/privacy for more information....more9minPlay
October 05, 2020Consumer Surplus & ElasticityThe demand curve concepts of consumer surplus and elasticity are explored in more detail. Hosted on Acast. See acast.com/privacy for more information....more8minPlay
FAQs about Econ on the Go:How many episodes does Econ on the Go have?The podcast currently has 22 episodes available.