The following are videos from my Principles of Microeconomics course, Summer 2014
First, I set up expectations for the podcast we are about to hear. This is the last lecture in Principles of Microeconomics, and we will be focusing on market power. I had students pre-read a New York Times article from Paul Krugman on the Time Warner Cable-Comcast Merger. The podcast that they will be listening to covers the disruption of the power industry from residential solar power installations. In addition, at the end of the podcast, Barry Goldwater, Jr., discusses his activism in Arizona for solar energy.
First, I set up expectations for the podcast we are about to hear. This is the last lecture in Principles of Microeconomics, and we will be focusing on market power. I had students pre-read a New York Times article from Paul Krugman on the Time Warner Cable-Comcast Merger. The podcast that they will be listening to covers the disruption of the power industry from residential solar power installations. In addition, at the end of the podcast, Barry Goldwater, Jr., discusses his activism in Arizona for solar energy.
I skip the podcast in these edited videos, but for those who are curious, it is available from the BBC here.
This video overviews portions of the lecture of material covered in the book. I use local utility companies as examples. Later, I discuss price discrimination and use my recent flight back to San Diego as an example.
This video overviews portions of the lecture of material covered in the book. I use local utility companies as examples. Later, I discuss price discrimination and use my recent flight back to San Diego as an example.
I discuss with the class some implications from the Comcast-Time Warner Cable Merger. I compare it to the breakup of AT&T. Finally, I contrast a statement on the AT&T breakup by Barry Goldwater, Sr., from a statement by his son, Barry Goldwater, Jr., on the breakup of power company monopolies in Arizona. Both in the AT&T case and in the solar panel case, technological change led to monopolies breaking down. Finally, I break the class into groups to work on a monopoly problem together.