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Microeconomics Exam Study Guide: Multiple Choice Concepts and Applications

Study Guide - Learn with Videos

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

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

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

PPF - Comparative Advantage and Absolute Advantage

  • Guided course
    Opportunity Costs and Comparative Advantage
    06:30
  • Guided course
    Two PPFs, Specialization, and Absolute Advantage
    04:36

PPF - Comparative Advantage and Trade

    Competitive Markets

    • Guided course
      Introduction to Supply and Demand
      07:03

    The Demand Curve

    • Guided course
      The Basics of Demand
      07:15
    • Guided course
      Individual Demand and Market Demand
      06:08

    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

    Movement Along a Demand Curve

    • Guided course
      Shifting Demand - Warning!
      05:29

    The Supply Curve

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

    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

    Market Equilibrium

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

    Using the Supply and Demand Curves to Find Equilibrium

    • Guided course
      Equilibrium
      04:19
    • Guided course
      Results of Both Shifting
      06:34
    • Guided course
      Demand Shifts
      06:18

    Positive and Normative Analysis

    • Guided course
      Identifying Statements
      02:48
    • Guided course
      Positive Statements vs. Normative Statements
      04:35

    Scarcity and Choice

    • Guided course
      Defining Economic Terms:Scarcity, Trade-offs, and Opportunity Costs
      02:39

    People Respond to Incentives

    • Guided course
      Economic Incentives
      01:40

    People Are Rational

    • Guided course
      People Are Rational
      01:32