Skip to main content
Back

The Economic Problem: Mathematical Foundations and Production Possibilities in Microeconomics

NotesPracticeVideo lessons

Study Guide - Learn with Videos

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

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

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

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

PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency

  • PPF - Graphing Increasing Marginal Opportunity Costs
    03:33
  • PPF - The Law of Increasing Opportunity Costs
    05:04

PPF - Comparative Advantage and Absolute Advantage

  • Opportunity Costs and Comparative Advantage
    04:36
  • Different PPFs and Absolute Advantage
    02:03

PPF - Comparative Advantage and Trade

  • Comparative Advantage and Specialization in Trade
    05:30

Productive and Allocative Efficiency

  • Equity and Fairness
    04:14
  • Productive Efficiency and Allocative Efficiency
    03:26