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ECON 208 - PAST EXAM

Study Guide - Learn with Videos

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The Demand Curve

Shifts in the Demand Curve

Movement Along a Demand Curve

The Supply Curve

Shifts in the Supply Curve

Movement Along a Supply Curve

Market Equilibrium

Using the Supply and Demand Curves to Find Equilibrium

Effects of Surplus

Effects of Shortage

Price Ceilings, Price Floors, and Black Markets

Quantitative Analysis of Price Ceilings and Price Floors: Finding Points

Quantitative Analysis of Price Ceilings and Price Floors: Finding Areas

Percentage Change and Price Elasticity of Demand

Elasticity and the Midpoint Method

Price Elasticity of Demand on a Graph

Determinants of Price Elasticity of Demand

Total Revenue Test

Total Revenue Along a Linear Demand Curve

Income Elasticity of Demand

Cross-Price Elasticity of Demand

Price Elasticity of Supply

Price Elasticity of Supply on a Graph

Elasticity Summary