External
Principles of Microeconomic
- Author
- Mihajlo Balic
- Publisher
- HACC, Central Pennsylvania's Community College
- Source
- LibreTexts
- Language
- EN
- Category
- Economics
Contents· 43 sections
- 01: Economics - The Study of Choice
- 1.01: Defining Economics
- 1.02: The Field of Economics
- 1.03: The Economists Tool Kit
- 02: Confronting Scarcity- Choices in Production
- 2.01: The Production Possibilities Curve
- 2.02: Applications of the Production Possibilities Model
- 03: Demand and Supply
- 3.01: Demand
- 3.02: Supply
- 3.03: Demand Supply and Equilibrium
- 3.04: Government Intervention - Price Floors and Price Ceilings
- 04: Elasticity- A Measure of Response
- 4.01: The Price Elasticity of Demand
- 4.02: Responsiveness of Demand to Other Factors
- 4.03: Price Elasticity of Supply
- 05: The Analysis of Consumer Choice
- 5.01: The Concept of Utility
- 5.02: Utility Maximization and Demand
- 06: Markets Maximizers and Efficiency
- 6.01: Maximizing in the Marketplace
- 6.02: Market Failure
- 07: Production and Cost
- 7.01: Production Choices and Costs- The Short Run
- 7.02: Production Choices and Costs- The Long Run
- 08: Competitive Markets for Goods and Services
- 8.01: Perfect Competition- A Model
- 8.02: Output Determination in the Short Run
- 8.03: Perfect Competition in the Long Run
- 09: Monopoly
- 9.01: The Nature of Monopoly
- 9.02: The Monopoly Model
- 9.03: Assessing Monopoly
- 9.04: Antitrust Laws and Their Interpretation
- 9.05: Antitrust and Competitiveness in a Global Economy
- 10: The World of Imperfect Competition
- 10.01: Monopolistic Competition- Competition Among Many
- 10.02: Oligopoly- Competition Among the Few
- 10.03: Extensions of Imperfect Competition- Advertising and Price Discrimination
- 11: Wages and Employment in Perfect Competition
- 11.01: The Demand for Labor
- 11.02: The Supply of Labor
- 11.03: Labor Markets at Work