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Related lectures (32)
Power System Restructuring & Deregulation
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Covers energy contracts, market mechanisms, locational marginal pricing, and congestion management in power systems.
Aggregating Impacts: International Valuation Issues
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Explores the challenges of aggregating impacts and valuations internationally.
Basics of Markets: Demand Meets Supply
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Explains how supply and demand determine market prices and quantities, and the importance of the market model in economics.
Traffic Congestion Costs: Understanding External Costs
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Explores the impact of traffic congestion on commuters and society, emphasizing the importance of considering both costs and benefits.
Market Regulation: External Costs and Social Optimum
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Addresses market regulation, focusing on external costs, social optimum, and the role of taxes and subsidies in achieving efficient production levels.
Environmental Policy Instruments: A Comparative Analysis
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Provides a comprehensive overview of various environmental policy instruments and their effectiveness in reducing harmful emissions.
Market Regulation: External Benefits and Subsidies
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Discusses external benefits, subsidies, and their impact on market equilibrium and surplus distribution.
Cost-Benefit Analysis: Decision Making and Ethics
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Explores cost-benefit analysis in decision-making, emphasizing ethical considerations and societal values.
Small Open Economy Modeling
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Explores small open economy modeling, including Lagrangian formulation, borrowing constraints, and impulse response plotting in MATLAB.
Market Regulation: External Benefits and Subsidies
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Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.
Market-Based Instruments: Emission Reduction Strategies
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Covers market-based instruments for emission reductions and their efficiency in minimizing costs across different sources of emissions.
Monetary Policy: Government Budget and Fiscal Stance
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Discusses potential output, fiscal stance, and government spending shocks' impact on the economy.
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