Sumários
Session 4 - Module 1 (CORE Unit 2)
18 Setembro 2025, 10:30 • 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
Practice Class 1
17 Setembro 2025, 08:00 • Alba Miñano-Mañero
We covered exercises 1-3 from Module 1 practice sheet
Session 3 - Module 1 (CORE Unit 2)
16 Setembro 2025, 12:00 • Carlos Lourenço
Specialization
Absolute advantage
Assess relative (or comparative) advantages by comparing opportunity (relative) costs
Session 3 - Module 1 (CORE Unit 2)
16 Setembro 2025, 09:30 • Carlos Lourenço
Specialization
Absolute advantage
Assess relative (or comparative) advantages by comparing opportunity (relative) costs