Sumários

Practice class 8

10 Novembro 2022, 09:30 Matthijs Oosterveen

We discussed the exercises of AP 8, which is the chapter 11 on inputs and costs.


AT13+14

9 Novembro 2022, 11:00 Paula Cristina Albuquerque

Mid-term test.

The Long-Run Average Cost Curve.
Economies of Scale and Diseconomies of Scale. 


Practice class 7

3 Novembro 2022, 11:30 Matthijs Oosterveen

Today we did AP 7 (the rational consumer). I found it difficult to explain constrained optimization (consumer choosing optimal bundle subject to budget constraint) without indifference curves. I believe that next year the theory class should introduce these. 


Practice class 7

3 Novembro 2022, 09:30 Matthijs Oosterveen

Today we did AP 7 (the rational consumer). I found it difficult to explain constrained optimization (consumer choosing optimal bundle subject to budget constraint) without indifference curves. I believe that next year the theory class should introduce these. 


AT11+12

2 Novembro 2022, 11:00 Paula Cristina Albuquerque

The Production Function, Marginal Productivity of Labour, Variable Inputs and Fixed Inputs.

The Law of Diminishing Returns.
Costs.