Mijn samenvatting is de beste up to date versie van het Micro-economie vak dat in het tweede jaar wordt gegeven voor de gehele FBE studenten. Hier wordt alles in vermeld dat je moet kennen en kernachtig samengevat. De kern en de nodige grafieken staan er in. Als je dit leert, ken je de gehele theor...
1. Demand and supply analysis ........................................................................................................................ 5
A Quick overview .......................................................................................................................................... 5
Back-of-the-envelope calculations ................................................................................................................ 6
The identification problem ............................................................................................................................ 6
The effect of demand and supply shocks on market equilibrium: comparative statics .................................... 7
Multiple markets: general equilibrium .......................................................................................................... 7
The theory of consumer demand ..................................................................................................................... 7
3. Consumer preferences and the concept of utility ......................................................................................... 7
Preferences and utility: a quick review .......................................................................................................... 7
Quasi-linear utility ........................................................................................................................................ 8
Critique of the assumption of ‘selfish’ behavior: Other-regarding preferences ............................................... 8
4. Consumer choice .......................................................................................................................................... 8
Consumer choice: a quick review .................................................................................................................. 8
Simple applications of consumer choice ........................................................................................................ 9
Inkomens supplement vs. Voucher enkel vr goed x .................................................................................. 9
An application to intertemporal choice: borrowing and lending ..................................................................... 9
Uitbreiding ................................................................................................................................................. 10
Bounded rationality .................................................................................................................................... 11
5. The theory of demand ................................................................................................................................ 12
1. Individual demand functions: a quick review ........................................................................................... 12
2. Income and substitution effects .............................................................................................................. 13
3. Consumer surplus ................................................................................................................................... 13
4. Aggregate demand and network externalities ......................................................................................... 14
5. Consumer demand and labor supply ....................................................................................................... 14
6. The characteristics approach to consumer demand ................................................................................. 14
6. Inputs and production functions ................................................................................................................ 16
1. Production functions ............................................................................................................................... 16
2. Input substitution and isoquants ............................................................................................................. 16
3. Returns to scale (schaalvoordelen) .......................................................................................................... 17
4. Technological progress ........................................................................................................................... 18
7. Costs and cost minimization ....................................................................................................................... 18
1. Definition of costs and profit ................................................................................................................... 18
13. Market structure and competition ........................................................................................................... 39
1. Introduction: Market structures .............................................................................................................. 40
2. Oligopoly with homogeneous products ................................................................................................... 40
3. Dominante firma model .......................................................................................................................... 43
4. Oligopoly with horizontally differentiated products ............................................................................ 43
5. Monopolistische concurrentie ............................................................................................................ 43
,
, Micro-economie
Mixed economy = vrije markt (kapitalisme) + centraal geleide (socialisme)
Problemen:
- Klimaat
- Extremere inkomensverdeling
- Armoede
p.10 graf: verticale as verdubbeling (nt evenredig)
China india later: onder koloniaal bewind
Plotse exp groei sinds 1700
Kapitalistische revolutie: ondernemingen eigen controle + belangrijkste eenheid v/
productie
o Technologische revolutie
o Specialisatie werktaken efficientie
p.11 graf: vb1 Zuid-Korea stijgend succes: investeren school & internationaal
vb2 Botswana (rijk i. diamanten) & Nigeria (rijk i. honing) ?verschil: kwaliteit
instellingen
vb3 Communisme: W dui (kap) doet beter
vb4 Sovjet&RUS:
Kapitalisme gevoelig: corruptie, marktfalingen, etc.
Klimaat
Zonder interventie in vrije markt
Vb1 Global warming
P14 graf: Fosiele brandstoffen uitlaat rechts & concentratie CO2 links (stijgt)
Vb2 Pandemie
P15 graf: piek lager en uitgesteld mits overheidsmaatregelen
gevaar? Zwaargetroffen economie, zware gevolgen?
- Zelfstandigen (horeca, retail, amusement)
- Laaggeschoolden (bouw, vervoer, industrie)
Ongelijkheid
Thomas Piketty: % v/ 0,1% rijkste in bezit van alle inkomen
Dalend
Hooggeschoolden: voordeel in onze economie
Meetbaarheid overheid
Overheidsbeleid: onderwijs, minimuloon, soc zekerh
oorzaak: vermogen (rente) + arbeid (hooggeschlaaggesch)
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