Bizonomics Videos
Videos by Bizonomics. Bizonomics is the go-to destination for enriching your understanding of business economics.
Monopolistic competition is a market structure characterized by many firms offering similar but differentiated products. Watch more!
#GalingBSBAFM1-3
to enable soundOther Bizonomics videos
Monopolistic competition is a market structure characterized by many firms offering similar but differentiated products. Watch more! #GalingBSBAFM1-3
A pure monopoly is a market structure where a single firm is the sole provider of a product or service with no close substitutes. This firm dominates the market and has significant control over the price and quantity of the product. #GalingBSBSFM1-3
In pure competition, firms maximize profit by producing where marginal cost equals marginal revenue. In the long run, economic profits tend to be zero due to the free entry and exit of firms, leading to an efficient allocation of resources. Watch the video to learn more. #GalingBSBAFM1-3
The 5th econometric lecture by Dr. Evan Lau on dealing with the multicollinearity problem has inspired our economics major students to build models useful for policy formulation and forecasting.
Dr. Evan Lau's 4th Econometrics lecture delves into multiple regression models, violations of OLS assumptions, and their remedies.
The rising heat index and its impact on farm production, the behavior of Filipino consumers, and inflation. #yestoproject-based learning #yestostudent-centeredinstruction
The rising heat index and its impact on farm production, the behavior of Filipino consumers, and inflation. #yestoproject-based learning #yestostudent-centeredinstruction
Dr. Evan Lau, DE VSL, has the passion for unveiling the beauty and complexity of economic relationships through data. It's about guiding students to develop critical thinking and quantitative skills, enabling them to decipher and model real-world economic phenomena. #thankyoudrevanlau