Chicago Price Theory

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Lectures by Kevin M. Murphy and Gary S. Becker to go with "Chicago Price Theory" by Sonia Jaffe, Robert Minton, Casey B. Mulligan, and Kevin M. Murphy (https...

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Inequality Policy Comparison Skill Expansion vs. Redistribution

Inequality Skill Supply

Inequality Skill Demand is Linked to Economic Growth

Inequality The Top 1 Percent

Inequality The 1980s Surge

Inequality Inequality Is a Whole-Distribution Phenomenon

Inequality Inequality Through the Education Premium

Externalities Pollution Records in Centrally Planned Economies

Externalities COVID Prevention at Work and School

Externalities Flu Shots and Paid Sick Leave at Work

Externalities Four Price Concepts

Externalities Policies Raising Coordination Costs for Family Child Care

Externalities Carbon Tax Rebate Flaws - Overconsumption and Inequity

Externalities Pigouvian Overkill; Forest Commons Cooperation

Externalities Voluntary regulation cooperation costs

Externalities Why Coase and Pigou Create Cheating Incentives

Externalities Core Theory and the Explosive Number of Groupings

Externalities Pareto Gains Off the Demand Curve

Externalities Pigouvian Conflict and the Efficient Price Range

Externalities Adding Producers and Victims to the Diagram

Externalities Gains from Trade in a Marshallian Diagram

Externalities Efficiency and Redistribution with Pigouvian Taxes

Externalities Shadow Prices and Incentives in Firms and Families

Externalities Price-Based Definition; Ride-Sharing Example

Power Tools A Second Pass-Through Myth

Power Tools Supply and Demand in Imperfectly Competitive Markets

Power Tools Dispelling Myths about Pass-through and Profits

Power Tools Recap and Main Lessons

Demand Parameters Numerical Examples and Industry Model Preview

Power Tools Profit-enhancing industry costs