PPA 723 Managerial Economics > Materials from Class

Tue Sep 6

Deriving market demand and supply from W2P and W2A in algebraic form; market equilibrium; gains from trade; waiver market equilibrium. [P 2.3]

Current status of the waiver market: Equilibrium after round 1.
Hypothetical market combining several semesters: Will be discussed on Thursday. Note: a revised version is posted on the page for Thursday.

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Peter J Wilcoxen, The Maxwell School, Syracuse University
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