Unit 1: Markets are Efficient, Except
. . . Intro to Microeconomics
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1a
- The Class and the Math
1b
- The 5Es of Economics
1c
- Making Choices: Scarcity and Budget Lines
1d
- Making Choices: Production Possibilities and
Benefit-Cost Analysis
2a
- Market Economies and Trade
3a
- Demand
3b
- Supply
3c
- Market Equilibrium and Efficiency
5a
- Gov't Interference in Markets and Market Failure
(Negative Externalities)
5b
- Market Failure Con't: Positive Externalities and
Public Goods
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UNIT 2: Elasticity, Consumer Choice,
and Costs
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4a
- Price Elasticity of Demand and Tax Incidence
4b
- Other Types of Elasticity
6a
- Consumer Desisions: Utility Maximization
7a
- Econ. Profit and the Production Function
7b
- Production Costs in the Short Run
7c
- Production Costs in the Long Run
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Unit 3: Are Businesses Efficient?
Product Markets and Efficiency
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8/9a
- Pure Competition: Characteristics and Short Run
Equilibrium
8/9b
- Pure Competition: Long Run Equilibrium and
Efficiency
10a
- Monopoly: Characteristics and Short Run
Equilibrium
10b
- Monopoly: Long run Equilibrium, Price
Discrimination, and Regulation
11a
- Monopolistic Competition: Are Businesses
Efficient?
11b
- Oligopoly: Are Businesses Efficient?
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Unit 4: Labor and Efficiency:
Resource Markets, Inequality, and Immigration
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12a
- Demand For Resources
13a
- Wage Determination: Labor Markets
20a
- Income Inequality and Discrimination
22a
- Immigration
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