Sumários
23 Setembro 2025, 09:30
•
Carlos Lourenço
GDP per capita and annual hours worked since the Industrial Revolution across countries
The labor-leisure model as a model of constrained choice
Choices imply tradeoffs
Utility functions and indifference curves as representations of preferences
Characteristics of indifference curves (e.g., downwarding slope)
Marginal Rate of Substitution (MRS)
Ratio of marginal utilities
23 Setembro 2025, 09:00
•
Matilde Cappelletti
PC2: Exercises 4-8 and review of related concepts
19 Setembro 2025, 10:00
•
Alba Miñano-Mañero
Practice Class 1 - Exercises 1-3 Module 1
19 Setembro 2025, 08:00
•
Alba Miñano-Mañero
Practice Class 1 - Exercises 1-3 from Module 1
18 Setembro 2025, 12:30
•
Carlos Lourenço
Decision making
Net benefit = enjoyment value - direct cost
Economic cost = direct cost + opportunity cost
Economic rent = net benefit - opportunity cost
Economic rent = enjoyment - economic cost
Economic models, the challenge of endogenous relationships and establishing causality