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Economics
General
1. Opportunity Cost
7. Perfect Competition
10. Price Discrimination
12. Externalities and Public Goods
2. Supply and Demand
3. Elasticity
4. Supply and Demand Extensions
5. Consumer Behavior
6. Costs of Production
8. Monopoly Power
9. Oligopoly
11. Land Labor and Capital
13. Distribution of Income
14. Efficiency and the Market System
15. Government Microeconomic Policy
16. Macroeconomic Environment
17. National Income
18. Keynsian Equilibrium
19. Investment, Government Expenditure, and Taxation
20. Money Supply and Banking System
21. Money, Interest and Monetary Policy
22. Aggregate Demand and Supply
23. Modern Debates in Macroeconomics
24. Growth and Trade Cycles
25. International Trade and Comparative Advantage
26. Exchange Rates and Balance of Payments
27. European Integration
28. Developing Economies
29. Transition Economies
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Economics
1. Opportunity Cost
1.1 Summary
SUMMARY
All Societies have a scarcity problem; limited resources for meeting wants and choices must be made. Any output therefore has an opportunity cost.
Last modified: Friday, February 10, 2012, 6:09 PM
◄ 1.1: INTRODUCTION TO OPPORTUNITY COST
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1.0; Learning Outcomes:
1.1: INTRODUCTION TO OPPORTUNITY COST
1.2: INCREASING OPPORTUNITY COST
1.2 Summary
1.2 Quiz
1.3: MARKET AND COMMAND SYSTEMS
1.3 Summary
1.3 Quiz
1.4: BULGARIA - From a Command to a Market Economy
1.4 Summary
1.4 Quiz
1.5: CHOOSING BETWEEN CONSUMPTION AND INVESTMENT
1.5 Summary
7.0: Learning Outcomes:
7.1: FOUR MARKET STRUCTURES
7.1 Summary
7.1 Quiz
7.2: SHORT RUN AND LONG RUN COSTS
7.2 Summary
7.2 Quiz
7.3: PRICE CHANGES IN THE SHORT RUN
7.3 Summary
7.4: THE SHUTDOWN POINT
7.4 Summary
7.5: DERIVING THE SHORT RUN SUPPLY CURVE
7.5 Summary
7.5 Quiz
7.6: INTRODUCING THE LONG RUN
7.6 Summary
7.6 Quiz
7.7: NORMAL PROFIT
7.7 Summary
7.7 Quiz
7.8: THE ROLE OF PROFITS IN THE MARKET SYSTEM
7.8 Summary
10.0: Learning Outcomes:
10.1: INTRODUCTION TO PRICE DISCRIMINATION
10.1 Summary
10.2: ILLUSTRATIONS OF PRICE DISCRIMINATION
10.2 Summary
10.2 Quiz
10.3: ARBITRAGE
10.3 Summary
10.3 Quiz
10.4: A DIAGRAMATIC EXPLANATION OF PRICE DISCRIMINATION
10.4 Summary
10.4 Quiz
10.5: PRICE DISCRIMINATION ON THE TEXAS BORDER
10.5 Summary
10.5 Quiz
10.6: PRICE DISCRIMINATION AND PROFITABILITY
10.6 Summary
10.7: USING MATHEMATICS TO UNDERSTAND PRICE DISCRIMINATION
10.7 Summary
10.7 Quiz
10.8: PEAK LOAD PRICING
10.9: PRICE DISCRIMINATION - GOOD OR BAD?
10.9 Summary
12.0: Learning Outcomes:
12.1: PRIVATE AND SOCIAL COSTS AND BENEFITS
12.1 Summary
12.2: A REVIEW OF MARKETS
12.2 Summary
12.2 Quiz
12.3: EXTERNALITIES IN PRODUCTION
12.3 Summary
12.4: EXTERNALITIES IN PRODUCTION: A DIAGRAMMATIC EXPLANATION
12.4 Summary
12.4 Quiz
12.5: EXTERNALITIES IN CONSUMPTION
12.5 Summary
12.5 Quiz
12. 6: THE COASE THEOREM
12.6 Summary
12.7: SUBSIDIES AND TAXES
12.7 Summary
12.7 Quiz
12.8: TRADABLE PERMITS
12.8 Summary
12.8 Quiz
12.9: PUBLIC GOODS
12.9: Summary
12.9 Quiz
12.10: PUBLIC GOODS - ILLUSTRATIONS
12.10 Summary
12.11: THE FREE RIDER PROBLEM
12.11: Summary
12.12: PROPERTY RIGHTS IN ICELANDIC FISHERIES
12.12: Summary
12.13: PUBLIC GOODS PROVIDED BY THE GOVERNMENT
12.13: Summary
12.13 Quiz
12.14: VALUING THE ENVIRONMENT
12.14: Summary
2.1 Supply and Demand
2.2 Arbitrage - Exercise
3.1 Elasticity
3.2 Exercise - Supply and Demand for Wine
3.3 Exercise - Subsidies in the Wine Industry
3.4 Exercise - Elasticity in Other Contexts
5.1 Consumer Behavior
5.2 Exercise - Marginal Utility
6.1 Costs of Production
8.1 Monopoly Power
8.2 Exercise - Monopoly Power
9.1 Oligopoly
13.1 Distribution of Income
14.1 The Efficiency of Markets
14.2 Exercise - Microeconomics Review Questions
National Income
17.1 National Income Determination Audio Lecture
Keynsian Equilibrium
20.1 Money and Banks: An Introduction - Audio Lecture
21.1 Money and the Real Sector - Audio Lecture
22.1 Aggregate Demand
23.1 National Output and Inflation - Audio Lecture
1.2: INCREASING OPPORTUNITY COST ►