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Microeconomics Core Concepts: Study Guide

Study Guide - Learn with Videos

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

Factors of Production

  • Guided course
    Human Capital and Entrepreneurship
    02:08
  • Guided course
    Land, Labor, and Physical Capital
    03:09

Revenue, Cost, and Profit

  • Guided course
    Explicit and Implicit Cost
    05:51
  • Guided course
    Fixed Costs and Variable Costs; Short Run and Long Run
    07:54
  • Guided course
    Accounting Profit and Economic Profit
    01:59

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

Marginal Cost

  • Guided course
    Marginal Cost
    10:48

Characteristics of Perfect Competition

  • Guided course
    Characteristics of Perfect Competition
    02:29
  • Guided course
    Market Demand and Individual Firm Demand
    03:57

Perfect Competition Profit on the Graph

  • Guided course
    Profit on the Graph in Perfect Competition
    13:25

Movement Along a Demand Curve

  • Guided course
    Shifting Demand - Warning!
    05:29

Shifts in the Demand Curve

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

Shifts in the Supply Curve

  • Guided course
    Nature
    01:
  • Guided course
    Technology
    01:27
  • Guided course
    Substitutes in Production
    03:02

Movement Along a Supply Curve

  • Guided course
    Shifting Supply - Warning!
    03:08

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

  • Guided course
    Understanding the PPF
    06:23
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    PPF - Attainable and Efficient
    04:48

Percentage Change and Price Elasticity of Demand

  • Guided course
    Percentage Change and Price Elasticity of Demand
    09:14
  • Guided course
    Different Answers when Increasing or Decreasing Prices! (Part 1)
    04:34
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    Different Answers when Increasing or Decreasing Prices! (Part 2)
    05:31

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

Consumer Optimum Consumption: Marginal Utility per Dollar Spent

  • Guided course
    Consumer Optimum Consumption: Marginal Utility per Dollar Spent
    09:38

Total Revenue Along a Linear Demand Curve

  • Guided course
    Total Revenue Along a Linear Demand Curve
    07:13