Micro Economics
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- See all of the pages and files related to this class at Category:Micro Economics
Overall Grade for the Class: A
My Grade on the Final: 95
Grade on AP Exam: 5 in: 2008
This was a class in preparation for the AP exam in Micro Economics. Mostly the class was based on Economics (1999 Edition) by Campbell R. McConnell and Stanley L. Brue ISBN 0-07-115814-6
For this class, unlike in AP Macro Economics, I will only be posting my notes from Economics (1999 Edition) by Campbell R. McConnell and Stanley L. Brue ISBN 0-07-115814-6.
- First 2 weeks are review of Macro Economics Chapters 1-6 (Days/Readings/Sections 1-17)
- Demand Elasticity, Page 2, Page 3
- Application of Demand Price Elasticity, Page 2
- Price Elasticity of Supply, Page 2
- Cross Income and Elasticity of Demand
- Applications: Government Controlled Prices, Page 2
- Laws of Demand and Explorations, Page 2
- Theory of Consumer Behavior
- Utility Maximation and Demand Curve
- Applications and Extensions, Page 2
- Indifference Curve Analysis, Page 2, Page 3
- Economic Costs
- Costs of Production
- Short Run Production Relationships, Page 2
- Short Run Production Costs, Page 2, Page 3
- Long Run Production Costs, Page 2, Page 3, Page 4, Page 5
- 4 Market Models
- Pure Competition Characteristics and Occurrences
- Pure Competition Demand
- Pure Competition Short Run Profit Maximization, Page 2, Page 3
- Pure Competition Marginal Costs and Short Run Supply, Page 2
- Pure Competition Profit Maximization in the Long Run, Page 2, Page 3
- Pure Competition and Efficiency, Page 2, Page 3
- Pure Monopoly Introduction
- Pure Monopoly Barriers to Entry, Page 2
- Pure Monopoly Demand, Page 2
- Pure Monopoly Output and Price Determiniation, Page 2
- Pure Monopoly Economics Effects of Monopoly, Page 2
- Pure Monopoly Price Discrimination, Page 2
- Pure Monopoly: Regulated Monopolies, Page 2
- Pure Monopoly Study Questions, Page 2, Page 3, Page 4, Page 5, Page 6, Page 7
- Monopolistic Competition Characteristics and Occurrences, Page 2
- Monopolistic Competition Price and Output Determination
- Monopolistic Competition Economic Efficiency
- Monopolistic Competition Non-Price Competition
- Oligopoly Characteristics and Occurrences, Page 2, Page 3
- Oligopoly Game Theory, Page 2
- Oligopoly: 3 Oligopoly Models, Page 2, Page 3, Page 4, Page 5
- Oligopoly Advertising, Page 2
- Oligopoly Efficiency
- Technology, R&D, and Efficiency: Invention, Innovation, and Diffusion, Page 2
- Technology, R&D, and Efficiency: Role of Innovation and Inventors, Page 2
- Optimial Amounts of R&D, Page 2
- Innovation and R&D Incentives
- Role of Market Structures, Page 2, Page 3
- Technology Advance and Efficiency, Page 2
- Demand for Resources: Significance and Complexity
- Marginal Productivity Theory, Page 2
- Determinates of Demand for Resources, Page 2, Page 3
- Elasticity of Resource Demand, Page 2
- Optimal Combination of Resources, Page 2
- Marginal Productvity Theory and Income Distribution
- Labor, Wages, or Earnings
- General Level of Wages, Page 2, Page 3
- Purely Competitive Labor Market
- Monopsony Model, Page 2
- 3 Union Models, Page 2, Page 3
- Bilateral Monopoly Model
- Minimum Wage Controversy
- Wage Determination, Page 2
- Pay for Performance, Page 2
- Economic Rent, Page 2
- Interest, Page 2, Page 3, Page 4
- Economic Profit, Page 2
- Income Inequality and Poverty Facts, Page 2
- Income Shares
- Income Inequality and Poverty: Income, Mobility: The Time Decision
- Income Inequality and Poverty: Effect of Gov Redistribution
- Income Inequality and Poverty: Causes, Page 2
- Income Inequality and Poverty: Equality vs Efficiency, Page 2
- Economics of Poverty, Page 2
- Welfare: Goals and Conflicts
- Welfare: Criticisms and Reform, Page 2
- Public Goods, Page 2
- Externalities Revisited, Page 2, Page 3, Page 4, Page 5
- Close Look at Pollution, Page 2, Page 3
- Information Failure, Page 2, Page 3, Page 4
- Public Choice Theory: Majority Voting, Page 2, Page 3
- Public Choice Theory: Public Sector Failure, Page 2, Page 3
- Public Choice Theory: Distributing the Tax Burden, Page 2
- Public Choice Theory: Tax Incidence and Efficiency Loss, Page 2, Page 3, Page 4
- Public Choice Theory: Tax Reform
- Public Choice Theory: Issues of Freedom
- Public Choice Theory: Study Questions, Page 2, Page 3, Page 4, Page 5, Page 6
- Industrial Concentration: Beneficial of Harmful, Page 2
- US AntiTrust Laws, Page 2
- AntiTurst Policy Issues and Triumphs, Page 2, Page 3
- Natural Monopolies, Page 2
- AntiTrust Deregulation
- AntiTrust Social Regulation, Page 2
- Industrial Regulation, Page 2
- AntiTrust Policy Economics, Page 2, Page 3
- Economics of Farm Policy, Page 2, Page 3
- Agriculture Policy: Criticisms, Politics, and Reform, Page 2
- Agriculture Policy: Study Questions, Page 2, Page 3, Page 4, Page 5
- Economics of Health Care: Health Care Industry
- Economics of Health Care: 2 Problems: Costs and Access
- Economics of Health Care: High and Rising Costs, Page 2
- Economics of Health Care: Limited Access
- Economics of Health Care: Why the Rapid Rise in Costs, Page 2, Page 3, Page 4
- Economics of Health Care: System Reforms, Page 2, Page 3
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