10629 Price Theory III

Credits: 3 intermediate credits in Economics

Prerequisite: Price Theory II

Authors: Shmuel Nitzan, Gerard Amiash, Anat Alexandron

The first part of the course is devoted to the interaction among economic agents – consumers and producers; in particular, to the allocation of resources in a competitive environment. The second part focuses on three topics: deviation from efficiency, public goods and externalities.

Topics: Barter economy; Interaction between consumers and producers; Deviation from Pareto efficiency, public goods and externalities.1

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1Filmed lecture.