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Microeconomics Study Guide: Principles, Markets, and Behavior

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Introduction to Economics

  • Guided course
    Hello!
    00:16

Scarcity and Choice

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

Marginal Analysis

  • Guided course
    Marginal Analysis
    09:36

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

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

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

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

Indifference Curves

  • Guided course
    Indifference Curves
    14:47
  • Guided course
    Properties of Indifference Curves
    04:23

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
  • Guided course
    Different Answers when Increasing or Decreasing Prices! (Part 2)
    05:31

Cross-Price Elasticity of Demand

  • Guided course
    Cross-Price Elasticity of Demand
    07:14

Income Elasticity of Demand

  • Guided course
    Income Elasticity of Demand
    10:57

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

Price Elasticity of Supply

  • Guided course
    Price Elasticity of Supply
    05:38

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

Demand for Labor in Perfect Competition

  • Guided course
    Demand for Labor in Perfect Competition
    04:33

Supply of Labor in Perfect Competition

  • Guided course
    Supply of Labor in Perfect Competition
    03:17
  • Guided course
    Individual Supply Curve of Labor (Backward-Bending Supply Curve)
    04:34

Characteristics of Perfect Competition

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

Characteristics of Monopoly

  • Guided course
    Monopoly Barriers to Entry
    06:29
  • Guided course
    Characteristics of Monopoly
    02:48
  • Guided course
    Monopoly Demand Curve
    04:17

Monopoly Revenue

  • Guided course
    Monopoly Revenue
    03:37
  • Guided course
    Monopoly and Marginal Revenue
    06:43

Monopoly Efficiency and Deadweight Loss

  • Guided course
    Monopoly Efficiency and Deadweight Loss
    12:19

Price Discrimination

  • Guided course
    Price Discrimination
    04:05
  • Guided course
    Perfect Price Discrimination
    06:11
  • Guided course
    Price Discrimination
    07:45

Characteristics of Oligopoly

  • Guided course
    Characteristics of Oligopoly
    04:45
  • Guided course
    Oligopoly Barriers to Entry
    05:16

Characteristics of Monopolistic Competition

  • Guided course
    Characteristics of Monopolistic Competition
    05:53
  • Guided course
    Monopolistic Competition Demand Curve
    04:25