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  3. PADP 6950 Economic Foundations of Policy (PADP6950)

PADP 6950 Economic Foundations of Policy (PADP6950)

University of Georgia

Here are the best resources to pass PADP 6950 Economic Foundations of Policy (PADP6950). Find PADP 6950 Economic Foundations of Policy (PADP6950) study guides, notes, assignments, and much more.

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PADP 6930 Foundations of Economic Policy

  • PADP 6930 Foundations of Economic Policy

  • Package deal • 12 items • 2019
  • 9 Lecture Notes & Midterm Study Guides (Formulas, Key Concepts, & Practice Test)
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Midterm Practice Test

  • Midterm Practice Test

  • Study guide • 4 pages • 2019
  • Available in package deal
    • Consumer Choice. Optimal Bundle. Utility. Slope. Taxation. Demand. Supply. Equilibrium Price. Equilibrium Quantity. Surplus. Deadweight Loss. Insurance Purchase Decision. Expected Utility. Expected Value. Plotting Markets.
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Midterm Lecture Key Concepts

  • Midterm Lecture Key Concepts

  • Study guide • 6 pages • 2019
  • Available in package deal
    • Micro vs. Macro. Demand & Supply Curve. Markets. Pareto Efficiency. Perfect Competition Market. Utility. Monotonic & Convex. Indifference Curves. Marginal Rate of Substitution. Budget Constraint. Consumer Equilibrium. Demand Schedules & Curves. Moves vs. Shifts. Elasticity. Cross-Price Elasticity. Ordinary vs. Griffen Goods. Substitutes vs. Complements. Normal vs. Inferior Goods. Surplus. Taxation. Deadweight Loss. Elasticity. Inter-Temporal Choice. Optimal Consumption Choice. Net Present Value....
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Midterm Formulas

  • Midterm Formulas

  • Study guide • 1 pages • 2019
  • Available in package deal
    • Utility Function. Budget Constraint Function. Optimal Consumption Condition. Midpoint Elasticity Formula. Surplus. Taxation. Inter-Temporal Choice. Discounted Utility. Net Present Value. Expected Utility.
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Asymmetric Information

  • Asymmetric Information

  • Class notes • 3 pages • 2019
  • Available in package deal
    • Information Failure. Adverse Selection. Mitigating Inefficient Outcomes. Moral Hazard. Signaling.
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Theory of the Firm

  • Theory of the Firm

  • Class notes • 3 pages • 2019
  • Available in package deal
    • The Firm. Firm Technology. Production Function. Short Run Production Function. Long Run Production Function. Isoquants. Technical Rate of Substitution. Slope. Firm Profit Maximization Problem. Costs of Production. Cost Minimization.
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Supply

  • Supply

  • Class notes • 4 pages • 2019
  • Available in package deal
    • Cost Curves. Types of Cost. Fixed Costs. Variable Costs. Total Costs. Average Costs. Marginal Costs. Marginal Revenue. Firm Supply Decision. Pure Competition Market. Short Run vs. Long Run Supply. Market Supply.
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Inter-temporal Choice & Net present Value

  • Inter-temporal Choice & Net present Value

  • Class notes • 3 pages • 2019
  • Available in package deal
    • Inter-Temporal Choice Model. Present Value. Budget Constraint. Discouned Utility. Inter-Temporal Indifference Curve. Net Present Value. Policy Application
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Surpluses

  • Surpluses

  • Class notes • 4 pages • 2019
  • Available in package deal
    • Consumer Welfare. Consumer Surplus. Marginal Benefit Curve. Producer's Surplus. Taxes & Surplus. Deadweight Loss. Inelastic vs. Elastic. Pareto Efficiency & Tax.
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Uncertainty

  • Uncertainty

  • Class notes • 3 pages • 2019
  • Available in package deal
    • utility Under Uncertainty. Risk Aversion. Concavity. Certainty Equivalent. Insurance. Insurance Purchase Decision
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