Most made with Screen-cast-o-matic
Unit 1: Markets are Efficient, Except . . . Introduction to Microeconomics
1a - The Class and the Math
1b - The 5Es of Economics
How
EQUITY Increases Society's Satisfaction
1c - Making Choices: Scarcity and Budget
Lines
Budget
Lines
1d - Making Choices: Production Possibilities
and Benefit-Cost Analysis
Production
Possibilities Curve (PPC) - Click Here
Using
Benefit Cost Analysis (BCA) - Click Here
2a - Market Economies and Trade
The
Gains from Trade - Click Here
3a - Demand
Snow Day Lecture - During the 2018-2019 school year we had a snow day
when lesson 3a was scheduled in our on-campus class. To avoid losing
a day of class I recorded the lesson 3a lecture and posted it online.
Here it is: Lesson
3a Snow Day lecture (1hour 15
minutes)
3b - Supply
3c - Market Equilibrium and Efficiency
Beef
and Chicken
Almonds
McDonald's
5a - Gov't Interference in Markets and Market
Failure (Negative Externalities)
Negative
Externalities - Click Here
5b - Market Failure Con't: Positive
Externalities and Public Goods
The
Economic Effects of Positive Externalities - Click
Here
UNIT 2: Elasticity, Consumer Choice, and Costs
4a - Price Elasticity of Demand and Tax
Incidence
Calculate
Ed using the Midpoints Formula and Interpret the Results - Click
Here
Elasticity
and Total Revenue (TR) - Click Here
Elasticity
and the Incidence of Excise Taxes - Click Her
4b - Other Types of Elasticity
Income
Elasticity of Demand
Cross
Elasticity of Demand
6a - Consumer Decisions: Utility
Maximization
How
to plot MU at the midpoint - Click Here
How
to find the Utility Maximizing Quantities to Buy - Click
Here
7a - Econ. Profit and the Production
Function
How
to plot MP at the midpoint - Click Here
Calculate,
Plot, and Describe TP, MP, AP
7b - Production Costs in the Short Run
Graph
TC, TVC, TFC and ATC, AVC, MC (YP
40)
On
a Graph with Numbers find TC, TVC, TFC, ATC, AVC, AFC,
MC (YP 38-39)
On
a Graph with Letters (geometry) find TC, TVC, TFC, ATC, AVC, AFC,
MC (YP 44)
How
to find TVC on a graph with letters given AVC - Click
Here
Coronavirus
Lecture - Lesson 7c
7c - Production Costs in the Long Run
Unit 3: Are Businesses Efficient? Product Markets and Efficiency
8/9a - Pure Competition: Characteristics and
Short Run Equilibrium
Finding
the profit maximizing quantity on a table - 1 - Click
Here
Finding
the profit maximizing quantity on a table - 2 - Click
Here
Finding
the profit maximizing quantity on a graph with numbers - Click
Here
8/9b - Pure Competition: Long Run Equilibrium
and Efficiency
Pure
Competiton - Long Run Equilibrium and Efficiency - Click
Here
10a - Monopoly: Characteristics and Short Run
Equilibrium
How
to find monopoly quantity, price, and profits on a graph - Click
Here
How
to find monopoly quantity, price and profits on a table - Click
Here
10b - Monopoly: Long Run Equilibrium, Price
Discrimination, and Regulation
Monopoly
- Long Run Equilibrium and Efficiency - Click
Here
Price
Discrimination - How to find the profit maximizing quantity on a
table - Click Here
11a - Monopolistic Competition: Are Businesses
Efficient?
Monopolistic
Competition - How to find the quantity, price, and profit on a graph
- Click Here
Monopoly
- Long Run Equilibrium and Efficiency - Click Here
11b - Oligopoly: Are Businesses Efficient? and
Game Theory
Oligopoly:
The Kinked Demand Model - Click Here
Oligopoly
- Long Run Equilibrium and Efficiency - Click Here
Unit 4: Labor and Efficiency: Resource Markets, Inequality, and Immigration
12a - Demand For Resources Finding the Quantity to Hire: Competitive Labor Market in a Competitive Product Market
Finding the Quantity to Hire: Competitive Labor Market in a Competitive Product Market
Finding the Quantity to Hire: Competitive Labor Market in an Imperfectly Competitive Product Market
Snow Day Lecture - During the 2018-2019 school year we had a snow day when lesson 12a was scheduled in our on-campus class. To avoid losing a day of class I recorded the lesson 12a lecture and posted it online. Here it is: Lesson 12a Snow Day lecture (1hour 15 minutes)
13a - Wage Determination: Labor Markets
Monopsonistic
labor market in a competitive product market - TABLE - Click
Here
Minimum
Wage - Traditional Model - Click Here
Minimum
Wage in a Monopsony Model - Click Here
Minimum
Wage and Price Elasticity of Demand for Labor Model - Click
Here
20a - Income Inequality and Discrimination
The
Case for Equality Model Click Here
The
Occupational Discrimination Model - Click Here
22a - Immigration
Simple
Immigration Model - Click Here
Illegal
Immigration Model - Click Here
