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Kapitel 4: Im Café (At the Café)
Schön, dass du wieder da bist! (Nice to have you back!) Anna und Lukas wohnen in derselben Straße...
Kapitel 3: Erste Bekanntschaft (First Acquaintance)
Hallo wieder! Hello again! Anna ist in ihrer Wohnung, aber eine Wohnung ist nur ein Ort (place). ...
Kapitel 2: Die Wohnung (The Apartment)
Willkommen zurück! Welcome back! Super, du hast Kapitel 1 geschafft! (Great, you managed Chapter ...
Kapitel 1: Ankunft in Berlin (Arrival in Berlin)
Willkommen! Welcome! Hallo! Welcome to the first chapter of your German learning journey. We will...
Practice Problems
Marginal Principle
Cattle farmer – Likely a perfectly competitive market. Profit maximization point: AR = MR ...
Costs
Variable Costs: Costs that depend on how many scooters are produced Raw materials, Labor, electr...
Behavior of a Firm
Assume all firms have a common goal of maximizing profit. Revenue = quantity x price Explicit co...
Taxes and Government Intervention
Government Policies and Market Equilibrium Governments can intervene in markets using policies su...
Elasticity
Elasticity in economics measures the responsiveness of one variable to changes in another variabl...
Consumer and Producer Surplus
Consumer and Producer Surplus Consumer and producer surplus are measures of the economic benefits...
Market Equilibrium
Market Equilibrium Market equilibrium is a state in a market where the quantity of a good or serv...
The concept of Price Discrimination
Price discrimination is charging different prices to different consumers for the same product. Th...
The Social cost of Monopoly
Here we will compare the profit-maximizing price of a monopolist to the perfectly competitive pri...
An exercise on understanding monopoly with an example
Here let us focus on applying the marginal principle to determine the profit-maximizing price of ...
Introduction to Monopoly
In this module we explore markets with a single seller, known as a monopoly market. Key Question...
Introduction to Microeconomics
Microeconomics A study of decisions of individuals and firms in relation to the scarcity of resou...
Endogenous growth theory & Autonomy and Governance
The Power of Economic Clusters and the Need for Urban Governance The rapid growth experienced by ...
Hindi-heartland
The Divergent Impacts of Liberalization and Regional Disparities in India The liberalization of t...
Trajectory of North India vs South India
Applying Economic Concepts to India's Development It's excellent that we're shifting our focus to...