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Microeconomics Core Concepts: Study Guide with Definitions, Examples, and Applications

Study Guide - Learn with Videos

Curated lessons matched to your uploaded material – learn every topic step by step.

People Respond to Incentives

  • Guided course
    Economic Incentives
    01:40

Finding the Maximum and Minimum Points on Graphs

  • Guided course
    Finding Maximum and Minimum on a Graph
    02:32

PPF - Outward Shifts

  • Guided course
    PPF - General Economic Growth
    01:55
  • Guided course
    PPF - Technological Advances in an Industry
    02:49

Market Equilibrium

  • Guided course
    Overview of Supply and Demand Shifts
    04:07

Shifts in the Demand Curve

  • Guided course
    Consumer Income:Normal Goods and Inferior Goods
    01:48
  • Guided course
    Substitute Goods
    04:10
  • Guided course
    Consumer Expectations
    02:18

Effects of Shortage

  • Guided course
    Shortage
    02:01

Movement Along a Supply Curve

  • Guided course
    Shifting Supply - Warning!
    03:08

The Supply Curve

  • Guided course
    Individual Supply and Market Supply
    06:04
  • Guided course
    The Basics of Supply
    03:53

Price Elasticity of Supply

  • Guided course
    Price Elasticity of Supply
    05:38

Slope of Linear Graphs

  • Guided course
    Calculating Slope of a Straight Line
    07:47

Elasticity and the Midpoint Method

  • Guided course
    The Midpoint Method
    10:04

Price Ceilings, Price Floors, and Black Markets

  • Guided course
    Price Ceilings
    07:07
  • Guided course
    Price Floors and Black Markets
    08:03
  • Guided course
    Price Floors
    02:18

Producer Surplus and Willingness to Sell

  • Guided course
    Producer Surplus and Market Supply
    05:24
  • Guided course
    Producer Surplus
    02:55
  • Guided course
    Producer Surplus in a Small Setting
    11:38

Consumer Surplus and Willingness to Pay

  • Guided course
    Consumer Surplus in a Small Setting
    14:41
  • Guided course
    Consumer Surplus and Market Demand
    06:08
  • Guided course
    Consumer Surplus
    03:15

Consumer Optimum Consumption: Budget Constraint and Indifference Curves

  • Guided course
    Consumer Optimum Consumption: Budget Constraint and Indifference Curves
    07:07

Budget Constraint

  • Guided course
    Budget Constraint (Budget Line)
    08:41
  • Guided course
    Budget Constraint:Change in Price of a Good
    03:50
  • Guided course
    Budget Constraint:Change in Income
    03:44

Marginal Cost

  • Guided course
    Marginal Cost
    10:48

The Production Function and Diminishing Returns

  • Guided course
    The Production Function and Diminishing Returns
    07:45
  • Guided course
    Calculating Fixed Cost, Variable Cost, and Average Total Cost
    05:09

Average Total Cost: Short Run and Long Run

  • Guided course
    ATC in the Short Run and Long Run
    13:13

Isoquant Lines

  • Guided course
    Isoquant Lines
    09:45