Scarcity and Choice
Interpreting Graphs, Correlation, Causation, and Omitted Variables
Marginal Analysis
The Demand Curve
Shifts in the Demand Curve
The Supply Curve
Shifts in the Supply Curve
Market Equilibrium
Percentage Change and Price Elasticity of Demand
Cross-Price Elasticity of Demand
Income Elasticity of Demand
Budget Constraint
Indifference Curves
Revenue, Cost, and Profit
Characteristics of Perfect Competition
Perfect Competition Profit on the Graph
Long Run Entry and Exit Decision
Long Run Equilibrium
Characteristics of Monopoly
Monopoly Profit on the Graph
Characteristics of Monopolistic Competition
Monopolistic Competition Profit on the Graph
Characteristics of Oligopoly
One-Time Games and the Prisoner's Dilemma
Externalities: Social Benefits and Social Costs
Public Goods: Demand Curve and Optimal Quantity
Supply of Labor in Perfect Competition