Y1 - Principles of Economics and Business 1

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1. Lecture 4: 'The Market Mechanism' - with keynote lecturer Barbara Baarsma
2. 1.1 Markets and Welfare
3. 1.2 Pareto Efficiency
4. 1.3 Introducing Markets
5. 1.4 How Carbon Farming Works
6. Lecture 2: Friday Markets
7. 2.1 Creative Destruction
8. 2.2 Markets and Efficiency’
9. 2.3 Two Fundamental Theorems of Welfare Economics
10. 2.4 How Carbon Farming Works
11. Lecture 4: Markets and Market Makers
12. Schumpeterian competition: creative destruction
13. Futures markets
14. Prediction markets
15. Markets and efficiency (with Barbara Baarsma)
16. When the invisible hand does not work well
17. Government failure
18. Reading: Porter, How Competitive Forces Shape Strategy (HBR, 1979)
19. The law: monopolisation and abuse of dominance
20. U.S. v. Google: the search case
21. U.S. v. Google: the ad tech case
22. AI safety collaboration, or a cartel?
23. Concluding remarks
24. Preview of Week 5