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Microeconomics: Foundations, Demand & Supply, Elasticity, and Market Interventions

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Introduction to Economics

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

Positive and Normative Analysis

  • 가이드 코스
    Identifying Statements
    02:48
  • 가이드 코스
    Positive Statements vs. Normative Statements
    04:35

Three Key Economic Ideas

  • 가이드 코스
    Marginal Analysis
    09:36
  • People Are Rational
    02:02
  • 가이드 코스
    Economic Incentives
    01:40

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

  • 가이드 코스
    Understanding the PPF
    06:23
  • 가이드 코스
    PPF - Attainable and Efficient
    04:48

PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency

  • PPF - Graphing Increasing Marginal Opportunity Costs
    03:33
  • PPF - The Law of Increasing Opportunity Costs
    05:04

PPF - Comparative Advantage and Absolute Advantage

  • Opportunity Costs and Comparative Advantage
    04:36
  • Different PPFs and Absolute Advantage
    02:03

PPF - Comparative Advantage and Trade

  • Comparative Advantage and Specialization in Trade
    05:30

Introduction to Supply and Demand

  • Perfect Competition
    03:23

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

  • 가이드 코스
    Nature
    01:
  • Technology
    01:39
  • Shifting Supply
    01:56

Supply and Demand Together: Equilibrium, Shortage, and Surplus

  • Law of Supply and Demand
    02:43
  • Equilibrium
    02:41

Price Ceilings, Price Floors, and Black Markets

  • 가이드 코스
    Price Ceilings
    07:07
  • 가이드 코스
    Price Floors and Black Markets
    08:03
  • 가이드 코스
    Price Floors
    02:18

Willingness to Pay and Consumer Surplus

  • Consumer Surplus and Market Demand
    06:03
  • Consumer Surplus
    02:15
  • Willingness to Pay and Consumer Surplus
    03:39

Willingness to Sell and Producer Surplus

  • Willingness to Sell and Producer Surplus
    03:04
  • Producer Surplus and Market Supply
    04:03
  • Producer Surplus
    01:30

Economic Surplus and Efficiency

  • 가이드 코스
    Deadweight Loss and Market Failure
    07:08
  • 가이드 코스
    Economic Surplus
    11:40

Percentage Change and Price Elasticity of Demand

  • Interpreting Elasticity
    04:56
  • Introducing Price Elasticity of Demand
    03:33
  • 가이드 코스
    Different Answers when Increasing or Decreasing Prices! (Part 1)
    04:34

Elasticity and the Midpoint Method

  • 가이드 코스
    The Midpoint Method
    10:04

Determinants of Price Elasticity of Demand

  • 가이드 코스
    Determinants of Price Elasticity of Demand
    06:12

Total Revenue Test

  • 가이드 코스
    Total Revenue Test
    09:31

Cross-Price Elasticity of Demand

  • 가이드 코스
    Cross-Price Elasticity of Demand
    07:14

Income Elasticity of Demand

  • 가이드 코스
    Income Elasticity of Demand
    10:57

Price Elasticity of Supply

  • 가이드 코스
    Price Elasticity of Supply
    05:38

Elasticity and Taxes

  • 가이드 코스
    Elasticity and Taxes:Perfectly Elastic Demand and Perfectly Inelastic Demand
    02:58
  • 가이드 코스
    Elasticity and Taxes
    07:03

Introducing Taxes and Tax Incidence

  • 가이드 코스
    Tax Incidence
    03:21
  • 가이드 코스
    Taxes and Tax Incidence
    13:27

Effects of Taxes on a Market

  • 가이드 코스
    Effects of Taxes
    07:49
  • Tax Revenue
    03:59