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Microeconomics: Foundations and Models – Chapter 1 Study Notes

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Introduction to Economics

  • Economic Systems
    01:42
  • Defining Economic Terms: Scarcity, Trade-offs, and Opportunity Costs
    04:30
  • Guided course
    Hello!
    00:16

Three Key Economic Ideas

  • Guided course
    Marginal Analysis
    09:36
  • People Are Rational
    02:02
  • Guided course
    Economic Incentives
    01:40

Positive and Normative Analysis

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

Graphing Review

  • Guided course
    Calculating Area of a Triangle on Graph
    08:52
  • Guided course
    Calculating Area of a Rectangle on Graph
    02:36
  • Guided course
    Drawing Curves and Shifting Curves
    07:33

Percentage and Decimal Review

  • Percent Change
    05:15
  • Translating Percent Problems
    00:44
  • Translating Percent Problems
    06:10

Fractions Review

  • Simplifying Fractions
    01:02
  • Intro to Fractions
    05:07
  • Guided course
    Comparing Fractions
    02:40