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Economics 1021: Principles of Microeconomics – Syllabus and Study Guide

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Introduction to Economics

  • Economic Systems
    01:42
  • Defining Economic Terms: Scarcity, Trade-offs, and Opportunity Costs
    04:30
  • Percorso guidato
    Hello!
    00:16

The Basics of Demand

  • The Basics of Demand
    06:02

Shifting Demand

  • Consumer Income: Normal Goods and Inferior Goods
    01:30
  • Consumer Preferences
    01:44
  • Number of Consumers
    02:15

The Basics of Supply

  • The Basics of Supply
    02:43

Shifting Supply

  • Percorso guidato
    Nature
    01:
  • Technology
    01:39
  • Shifting Supply
    01:56

Elasticity and the Midpoint Method

  • Percorso guidato
    The Midpoint Method
    10:04

Productive and Allocative Efficiency

  • Equity and Fairness
    04:14
  • Productive Efficiency and Allocative Efficiency
    03:26

Externalities: Social Benefits and Social Costs

  • Percorso guidato
    Externalities on the Graph
    14:23
  • Percorso guidato
    Negative Externality and Positive Externality
    10:54

Public Goods: Demand Curve and Optimal Quantity

  • Percorso guidato
    Demand Curve of a Public Good
    08:18
  • Percorso guidato
    Demand Curve of a Private Good
    03:52

Other Factors of Production: Land and Capital

  • Percorso guidato
    Other Factors of Production: Capital
    02:08
  • Percorso guidato
    Other Factors of Production: Land
    03:31