Difference between revisions of "Micro Economics"
From ThePlaz.com
(fix template) |
(paste in assignments) |
||
Line 6: | Line 6: | ||
This was a class in preparation for the [http://collegeboard.com/student/testing/ap/sub_maceco.html?macro 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 | This was a class in preparation for the [http://collegeboard.com/student/testing/ap/sub_maceco.html?macro 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 | ||
[[Category:Economics]] | [[Category:Economics]] | ||
− | + | 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) | ||
+ | *[[:Image:Micro_Econ_01_Demand_Elasticity_Page_1.JPG|Demand Elasticity]], [[:Image:Micro_Econ_01_Demand_Elasticity_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_01_Demand_Elasticity_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_02_Application_of_Demand_Price_Elasticity_Page_1.JPG| Application of Demand Price Elasticity]], [[:Image:Micro_Econ_02_Application_of_Demand_Price_Elasticity_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_03_Price_Elasticity_of_Supply_Page_1.JPG| Price Elasticity of Supply]], [[:Image:Micro_Econ_03_Price_Elasticity_of_Supply_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_04_Cross_Income_and_Elasticity_of_Demand_Page_1.JPG| Cross Income and Elasticity of Demand]] | ||
+ | *[[:Image:Micro_Econ_05_Applications_-_Government_Controlled_Prices_Page_1.JPG| Applications: Government Controlled Prices]], [[:Image:Micro_Econ_05_Applications_-_Government_Controlled_Prices_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_06_Laws_of_Demand_and_Explorations_Page_1.JPG|Laws of Demand and Explorations]], [[:Image:Micro_Econ_06_Laws_of_Demand_and_Explorations_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_07_Theory_of_Consumer_Behavior_Page_1.JPG|Theory of Consumer Behavior]] | ||
+ | *[[:Image:Micro_Econ_08_Utility_Maximation_and_Demand_Curve_Page_1.JPG| Utility Maximation and Demand Curve]] | ||
+ | *[[:Image:Micro_Econ_09_Applications_and_Extensions_Page_1.JPG|Applications and Extensions]], [[:Image:Micro_Econ_09_Applications_and_Extensions_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_10_Indifference_Curve_Analysis_Page_1.JPG|Indifference Curve Analysis]], [[:Image:Micro_Econ_10_Indifference_Curve_Analysis_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_10_Indifference_Curve_Analysis_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_11_Economic_Costs_Page_1.JPG|Economic Costs]] | ||
+ | *[[:Image:Micro_Econ_12_Costs_of_Production_Page_1.JPG|Costs of Production]] | ||
+ | *[[:Image:Micro_Econ_13_Short_Run_Production_Relationships_Page_1.JPG|Short Run Production Relationships]], [[:Image:Micro_Econ_13_Short_Run_Production_Relationships_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_14_Short_Run_Production_Costs_Page_1.JPG|Short Run Production Costs]], [[:Image:Micro_Econ_14_Short_Run_Production_Costs_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_14_Short_Run_Production_Costs_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_15_Long_Run_Production_Costs_Page_1.JPG|Long Run Production Costs]], [[:Image:Micro_Econ_15_Long_Run_Production_Costs_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_15_Long_Run_Production_Costs_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_15_Long_Run_Production_Costs_Page_4.JPG|Page 4]], [[:Image:Micro_Econ_15_Long_Run_Production_Costs_Page_5.JPG|Page 5]] | ||
+ | *[[:Image:Micro_Econ_16_4_Market_Models_Page_1.JPG|4 Market Models]] | ||
+ | *[[:Image:Micro_Econ_17_Pure_Competition_Characteristics_and_Occurrences_Page_1.JPG|Pure Competition Characteristics and Occurrences]] | ||
+ | *[[:Image:Micro_Econ_18_Pure_Competition_Demand_Page_1.JPG|Pure Competition Demand]] | ||
+ | *[[:Image:Micro_Econ_19_Pure_Competition_Short_Run_Profit_Maximization_Page_1.JPG|Pure Competition Short Run Profit Maximization]], [[:Image:Micro_Econ_19_Pure_Competition_Short_Run_Profit_Maximization_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_19_Pure_Competition_Short_Run_Profit_Maximization_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_20_Pure_Competition_Marginal_Costs_and_Short_Run_Supply_Page_1.JPG|Pure Competition Marginal Costs and Short Run Supply]], [[:Image:Micro_Econ_20_Pure_Competition_Marginal_Costs_and_Short_Run_Supply_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_21_Pure_Competition_Profit_Maximization_in_Long_Run_Page_1.JPG|Pure Competition Profit Maximization in the Long Run]], [[:Image:Micro_Econ_21_Pure_Competition_Profit_Maximization_in_Long_Run_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_21_Pure_Competition_Profit_Maximization_in_Long_Run_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_22_Pure_Competition_Pure_Competition_and_Efficiency_Page_1.JPG|Pure Competition and Efficiency]], [[:Image:Micro_Econ_22_Pure_Competition_Pure_Competition_and_Efficiency_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_22_Pure_Competition_Pure_Competition_and_Efficiency_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_23_Pure_Monopoly_Introduction_Page_1.JPG|Pure Monopoly Introduction]] | ||
+ | *[[:Image:Micro_Econ_24_Pure_Monopoly_Barriers_to_Entry_Page_1.JPG|Pure Monopoly Barriers to Entry]], [[:Image:Micro_Econ_24_Pure_Monopoly_Barriers_to_Entry_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_25_Pure_Monopoly_Monopoly_Demand_Page_1.JPG|Pure Monopoly Demand]], [[:Image:Micro_Econ_25_Pure_Monopoly_Monopoly_Demand_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_26_Pure_Monopoly_Output_and_Price_Determiniation_Page_1.JPG|Pure Monopoly Output and Price Determiniation]], [[:Image:Micro_Econ_26_Pure_Monopoly_Output_and_Price_Determiniation_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_27_Pure_Monopoly_Economics_Effects_of_Monopoly_Page_1.JPG|Pure Monopoly Economics Effects of Monopoly]], [[:Image:Micro_Econ_27_Pure_Monopoly_Economics_Effects_of_Monopoly_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_28_Pure_Monopoly_Price_Discrimination_Page_1.JPG|Pure Monopoly Price Discrimination]], [[:Image:Micro_Econ_28_Pure_Monopoly_Price_Discrimination_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_29_Pure_Monopoly_Regulated_Monopolies_Page_1.JPG|Pure Monopoly: Regulated Monopolies]], [[:Image:Micro_Econ_29_Pure_Monopoly_Regulated_Monopolies_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_30_Pure_Monopoly_Study_Questions_Page_1.JPG|Pure Monopoly Study Questions]], [[:Image:Micro_Econ_30_Pure_Monopoly_Study_Questions_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_30_Pure_Monopoly_Study_Questions_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_30_Pure_Monopoly_Study_Questions_Page_4.JPG|Page 4]], [[:Image:Micro_Econ_30_Pure_Monopoly_Study_Questions_Page_5.JPG|Page 5]], [[:Image:Micro_Econ_30_Pure_Monopoly_Study_Questions_Page_6.JPG|Page 6]], [[:Image:Micro_Econ_30_Pure_Monopoly_Study_Questions_Page_7.JPG|Page 7]] | ||
+ | *[[:Image:Micro_Econ_31_Monopolistic_Competition_Characteristics_and_Occurrences_Page_1.JPG|Monopolistic Competition Characteristics and Occurrences]], [[:Image:Micro_Econ_31_Monopolistic_Competition_Characteristics_and_Occurrences_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_32_Monopolistic_Competition_Price_and_Output_Determination_Page_1.JPG|Monopolistic Competition Price and Output Determination]] | ||
+ | *[[:Image:Micro_Econ_33_Monopolistic_Competition_Economic_Efficiency_Page_1.JPG|Monopolistic Competition Economic Efficiency]] | ||
+ | *[[:Image:Micro_Econ_34_Monopolistic_Competition_Non-Price_Competition_Page_1.JPG|Monopolistic Competition Non-Price Competition]] | ||
+ | *[[:Image:Micro_Econ_35_Oligopoly_Characteristics_and_Occurrences_Page_1.JPG| Oligopoly Characteristics and Occurrences]], [[:Image:Micro_Econ_35_Oligopoly_Characteristics_and_Occurrences_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_35_Oligopoly_Characteristics_and_Occurrences_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_36_Oligopoly_Game_Theory_Page_1.JPG|Oligopoly Game Theory]], [[:Image:Micro_Econ_36_Oligopoly_Game_Theory_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_37_Oligopoly_3_Oligopoly_Models_Page_1.JPG| Oligopoly: 3 Oligopoly Models]], [[:Image:Micro_Econ_37_Oligopoly_3_Oligopoly_Models_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_37_Oligopoly_3_Oligopoly_Models_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_37_Oligopoly_3_Oligopoly_Models_Page_4.JPG|Page 4]], [[:Image:Micro_Econ_37_Oligopoly_3_Oligopoly_Models_Page_5.JPG|Page 5]] | ||
+ | *[[:Image:Micro_Econ_38_Oligopoly_Oligopoly_Advertising_Page_1.JPG|Oligopoly Advertising]], [[:Image:Micro_Econ_38_Oligopoly_Oligopoly_Advertising_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_39_Oligopoly_Oligopoly_Efficiency_Page_1.JPG|Oligopoly Efficiency]] | ||
+ | *[[:Image:Micro_Econ_40_Technology_R&D_and_Efficency_Invention,_Innovation,_and_Diffusion_Page_1.JPG|Technology, R&D, and Efficiency: Invention, Innovation, and Diffusion]], [[:Image:Micro_Econ_40_Technology_R&D_and_Efficency_Invention,_Innovation,_and_Diffusion_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_41_Technology_R&D_and_Efficency_Role_of_Innovation_and_Inventors_Page_1.JPG|Technology, R&D, and Efficiency: Role of Innovation and Inventors]], [[:Image:Micro_Econ_41_Technology_R&D_and_Efficency_Role_of_Innovation_and_Inventors_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_42_Technology_R&D_and_Efficency_Optimial_Amounts_of_R&D_Page_1.JPG|Optimial Amounts of R&D]], [[:Image:Micro_Econ_42_Technology_R&D_and_Efficency_Optimial_Amounts_of_R&D_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_43_Technology_R&D_and_Efficency_Innovation_and_R&D_Incentives_Page_1.JPG|Innovation and R&D Incentives]] | ||
+ | *[[:Image:Micro_Econ_44_Technology_R&D_and_Efficency_Role_of_Market_Structures_Page_1.JPG|Role of Market Structures]], [[:Image:Micro_Econ_44_Technology_R&D_and_Efficency_Role_of_Market_Structures_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_44_Technology_R&D_and_Efficency_Role_of_Market_Structures_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_45_Technology_R&D_and_Efficency_Technology_Advance_and_Efficency_Page_1.JPG|Technology Advance and Efficiency]], [[:Image:Micro_Econ_45_Technology_R&D_and_Efficency_Technology_Advance_and_Efficency_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_46_Demand_for_Resources_Significance_and_Complexity_Page_1.JPG|Demand for Resources: Significance and Complexity]] | ||
+ | *[[:Image:Micro_Econ_47_Demand_for_Resources_Marginal_Productivity_Theory_Page_1.JPG|Marginal Productivity Theory]], [[:Image:Micro_Econ_47_Demand_for_Resources_Marginal_Productivity_Theory_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_48_Demand_for_Resources_Determinates_of_Demand_Page_1.JPG|Determinates of Demand for Resources]], [[:Image:Micro_Econ_48_Demand_for_Resources_Determinates_of_Demand_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_48_Demand_for_Resources_Determinates_of_Demand_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_49_Demand_for_Resources_Elasticity_of_Resource_Demand_Page_1.JPG|Elasticity of Resource Demand]], [[:Image:Micro_Econ_49_Demand_for_Resources_Elasticity_of_Resource_Demand_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_50_Demand_for_Resources_Optimal_Combination_of_Resources_Page_1.JPG|Optimal Combination of Resources]], [[:Image:Micro_Econ_50_Demand_for_Resources_Optimal_Combination_of_Resources_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_51_Demand_for_Resources_Marginal_Productvity_Theory_and_Income_Distribution_Page_1.JPG|Marginal Productvity Theory and Income Distribution]] | ||
+ | *[[:Image:Micro_Econ_52_Labor,_Wages,_or_Earnings_Page_1.JPG|Labor, Wages, or Earnings]] | ||
+ | *[[:Image:Micro_Econ_53_General_Level_of_Wages_Page_1.JPG|General Level of Wages]], [[:Image:Micro_Econ_53_General_Level_of_Wages_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_53_General_Level_of_Wages_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_54_Purely_Competitve_Labor_Market_Page_1.JPG|Purely Competitive Labor Market]] | ||
+ | *[[:Image:Micro_Econ_55_Monopsony_Model_Page_1.JPG|Monopsony Model]], [[:Image:Micro_Econ_55_Monopsony_Model_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_56_3_Union_Models_Page_1.JPG|3 Union Models]], [[:Image:Micro_Econ_56_3_Union_Models_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_56_3_Union_Models_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_57_Bialateral_Monopoly_Model_Page_1.JPG|Bilateral Monopoly Model]] | ||
+ | *[[:Image:Micro_Econ_58_Minimum_Wage_Controversry_Page_1.JPG|Minimum Wage Controversy]] | ||
+ | *[[:Image:Micro_Econ_59_Wage_Deterimination_Page_1.JPG|Wage Determination]], [[:Image:Micro_Econ_59_Wage_Deterimination_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_60_Pay_for_Performance_Page_1.JPG|Pay for Performance]], [[:Image:Micro_Econ_60_Pay_for_Performance_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_61_Economic_Rent_Page_1.JPG|Economic Rent]], [[:Image:Micro_Econ_61_Economic_Rent_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_62_Interest_Page_1.JPG|Interest]], [[:Image:Micro_Econ_62_Interest_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_62_Interest_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_62_Interest_Page_4.JPG|Page 4]] | ||
+ | *[[:Image:Micro_Econ_63_Economic_Profit_Page_1.JPG|Economic Profit]], [[:Image:Micro_Econ_63_Economic_Profit_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_64_Income_Inequality_and_Poverty_Facts_Page_1.JPG| Income Inequality and Poverty Facts]], [[:Image:Micro_Econ_64_Income_Inequality_and_Poverty_Facts_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_64_Income_Shares_Page_1.JPG|Income Shares]] | ||
+ | *[[:Image:Micro_Econ_65_Income_Inequality_and_Poverty_Income_Mobility_-_The_Time_Decision_Page_1.JPG|Income Inequality and Poverty: Income, Mobility: The Time Decision]] | ||
+ | *[[:Image:Micro_Econ_66_Income_Inequality_and_Poverty_Effect_of_Gov_Redistribution_Page_1.JPG|Income Inequality and Poverty: Effect of Gov Redistribution]] | ||
+ | *[[:Image:Micro_Econ_67_Income_Inequality_and_Poverty_Causes_Page_1.JPG|Income Inequality and Poverty: Causes]], [[:Image:Micro_Econ_67_Income_Inequality_and_Poverty_Causes_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_68_Income_Inequality_and_Poverty_Equality_vs_Efficiency_Page_1.JPG|Income Inequality and Poverty: Equality vs Efficiency]], [[:Image:Micro_Econ_68_Income_Inequality_and_Poverty_Equality_vs_Efficiency_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_69_Income_Inequality_and_Poverty_Economics_of_Poverty_Page_1.JPG|Economics of Poverty]], [[:Image:Micro_Econ_69_Income_Inequality_and_Poverty_Economics_of_Poverty_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_70_Income_Inequality_and_Poverty_Welfare_-_Goals_and_Conflicts_Page_1.JPG|Welfare: Goals and Conflicts]] | ||
+ | *[[:Image:Micro_Econ_71_Income_Inequality_and_Poverty_Welfare_-_Criticisms_and_Reform_Page_1.JPG|Welfare: Criticisms and Reform]], [[:Image:Micro_Econ_71_Income_Inequality_and_Poverty_Welfare_-_Criticisms_and_Reform_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_72_Public_Goods_Page_1.JPG|Public Goods]], [[:Image:Micro_Econ_72_Public_Goods_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_73_Externalities_Revisited_Page_1.JPG|Externalities Revisited]], [[:Image:Micro_Econ_73_Externalities_Revisited_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_73_Externalities_Revisited_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_73_Externalities_Revisited_Page_4.JPG|Page 4]], [[:Image:Micro_Econ_73_Externalities_Revisited_Page_5.JPG|Page 5]] | ||
+ | *[[:Image:Micro_Econ_74_Close_Look_at_Pollution_Page_1.JPG|Close Look at Pollution]], [[:Image:Micro_Econ_74_Close_Look_at_Pollution_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_74_Close_Look_at_Pollution_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_75_Information_Failure_Page_1.JPG|Information Failure]], [[:Image:Micro_Econ_75_Information_Failure_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_75_Information_Failure_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_75_Information_Failure_Page_4.JPG|Page 4]] | ||
+ | *[[:Image:Micro_Econ_76_Public_Choice_Theory_Majority_Voting_Page_1.JPG|Public Choice Theory: Majority Voting]], [[:Image:Micro_Econ_76_Public_Choice_Theory_Majority_Voting_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_76_Public_Choice_Theory_Majority_Voting_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_77_Public_Choice_Theory_Public_Sector_Failure_Page_1.JPG| Public Choice Theory: Public Sector Failure]], [[:Image:Micro_Econ_77_Public_Choice_Theory_Public_Sector_Failure_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_77_Public_Choice_Theory_Public_Sector_Failure_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_78_Public_Choice_Theory_Distributing_the_Tax_Burden_Page_1.JPG|Public Choice Theory: Distributing the Tax Burden]], [[:Image:Micro_Econ_78_Public_Choice_Theory_Distributing_the_Tax_Burden_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_79_Public_Choice_Theory_Tax_Incidence_and_Efficiency_Loss_Page_1.JPG|Public Choice Theory: Tax Incidence and Efficiency Loss]], [[:Image:Micro_Econ_79_Public_Choice_Theory_Tax_Incidence_and_Efficiency_Loss_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_79_Public_Choice_Theory_Tax_Incidence_and_Efficiency_Loss_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_79_Public_Choice_Theory_Tax_Incidence_and_Efficiency_Loss_Page_4.JPG|Page 4]] | ||
+ | *[[:Image:Micro_Econ_80_Public_Choice_Theory_Tax_Tax_Reform_Page_1.JPG| Public Choice Theory: Tax Reform]] | ||
+ | *[[:Image:Micro_Econ_81_Public_Choice_Theory_Issues_of_Freedom_Page_1.JPG| Public Choice Theory: Issues of Freedom]] | ||
+ | *[[:Image:Micro_Econ_82_Public_Choice_Theory_Study_Questions_Page_1.JPG| Public Choice Theory: Study Questions]], [[:Image:Micro_Econ_82_Public_Choice_Theory_Study_Questions_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_82_Public_Choice_Theory_Study_Questions_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_82_Public_Choice_Theory_Study_Questions_Page_4.JPG|Page 4]], [[:Image:Micro_Econ_82_Public_Choice_Theory_Study_Questions_Page_5.JPG|Page 5]], [[:Image:Micro_Econ_82_Public_Choice_Theory_Study_Questions_Page_6.JPG|Page 6]] | ||
+ | *[[:Image:Micro_Econ_83_Industrial_Concentration_Beneficial_or_Harmful_Page_1.JPG|Industrial Concentration: Beneficial of Harmful]], [[:Image:Micro_Econ_83_Industrial_Concentration_Beneficial_or_Harmful_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_84_US_AntiTrust_Laws_Page_1.JPG|US AntiTrust Laws]], [[:Image:Micro_Econ_84_US_AntiTrust_Laws_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_85_AntiTurst_Policy_Issues_and_Triumphs_Page_1.JPG| AntiTurst Policy Issues and Triumphs]], [[:Image:Micro_Econ_85_AntiTurst_Policy_Issues_and_Triumphs_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_85_AntiTurst_Policy_Issues_and_Triumphs_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_86_Natural_Monopolies_Page_1.JPG|Natural Monopolies]], [[:Image:Micro_Econ_86_Natural_Monopolies_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_87_AntiTrust_Deregulation_Page_1.JPG|AntiTrust Deregulation]] | ||
+ | *[[:Image:Micro_Econ_88_AntiTrust_Social_Regulation_Page_1.JPG|AntiTrust Social Regulation]], [[:Image:Micro_Econ_88_AntiTrust_Social_Regulation_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_89_Industrial_Regulation_Page_1.JPG|Industrial Regulation]], [[:Image:Micro_Econ_89_Industrial_Regulation_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_90_AntiTrust_Policy_Economics_Page_1.JPG|AntiTrust Policy Economics]], [[:Image:Micro_Econ_90_AntiTrust_Policy_Economics_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_90_AntiTrust_Policy_Economics_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_91_Economics_of_Farm_Policy_Page_1.JPG|Economics of Farm Policy]], [[:Image:Micro_Econ_91_Economics_of_Farm_Policy_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_91_Economics_of_Farm_Policy_Page_3.JPG|Page 3]] | ||
+ | *[[:Image:Micro_Econ_92_Agriculture_Policy_Criticisms,_Politics,_and_Reform_Page_1.JPG|Agriculture Policy: Criticisms, Politics, and Reform]], [[:Image:Micro_Econ_92_Agriculture_Policy_Criticisms,_Politics,_and_Reform_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_93_Agriculture_Policy_Study_Questions_Page_1.JPG|Agriculture Policy: Study Questions]], [[:Image:Micro_Econ_93_Agriculture_Policy_Study_Questions_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_93_Agriculture_Policy_Study_Questions_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_93_Agriculture_Policy_Study_Questions_Page_4.JPG|Page 4]], [[:Image:Micro_Econ_93_Agriculture_Policy_Study_Questions_Page_5.JPG|Page 5]] | ||
+ | *[[:Image:Micro_Econ_94_Economics_of_Health_Care_-_Health_Care_Industry_Page_1.JPG|Economics of Health Care: Health Care Industry]] | ||
+ | *[[:Image:Micro_Econ_95_Economics_of_Health_Care_2_Problems_Costs_and_Access_Page_1.JPG|Economics of Health Care: 2 Problems: Costs and Access]] | ||
+ | *[[:Image:Micro_Econ_96_Economics_of_Health_Care_High_and_Rising_Costs_Page_1.JPG|Economics of Health Care: High and Rising Costs]], [[:Image:Micro_Econ_96_Economics_of_Health_Care_High_and_Rising_Costs_Page_2.JPG|Page 2]] | ||
+ | *[[:Image:Micro_Econ_97_Economics_of_Health_Care_Limited_Access_Page_1.JPG|Economics of Health Care: Limited Access]] | ||
+ | *[[:Image:Micro_Econ_98_Economics_of_Health_Care_Why_the_Rapid_Rise_in_Costs_Page_1.JPG|Economics of Health Care: Why the Rapid Rise in Costs]], [[:Image:Micro_Econ_98_Economics_of_Health_Care_Why_the_Rapid_Rise_in_Costs_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_98_Economics_of_Health_Care_Why_the_Rapid_Rise_in_Costs_Page_3.JPG|Page 3]], [[:Image:Micro_Econ_98_Economics_of_Health_Care_Why_the_Rapid_Rise_in_Costs_Page_4.JPG|Page 4]] | ||
+ | *[[:Image:Micro_Econ_99_Economics_of_Health_Care_System_Reforms_Page_1.JPG| Economics of Health Care: System Reforms]], [[:Image:Micro_Econ_99_Economics_of_Health_Care_System_Reforms_Page_2.JPG|Page 2]], [[:Image:Micro_Econ_99_Economics_of_Health_Care_System_Reforms_Page_3.JPG|Page 3]] | ||
+ | |||
+ | *[[:Image:Health Care.jpg|Health Care Notes]] | ||
+ | *[[:Image:Personal Finance.jpg|Personal Finance (including buying a used car)]] |
Revision as of 14:26, 31 August 2008
- 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