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Introduction to Microeconomics

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This introduction will cover various topics including marginal analysis, production possibilities frontier, gains from trade, demand, supply, market equilibrium, and price controls.

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  • Package deal
  •  • 6 items • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Microeconomics - Introduction to Economic Thinking

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These are presentation slides for an introduction to economics thinking. We will introduce economics, how we encounter scarcity, the difference between macro and microeconomics, marginal analysis, and the circular flow diagram. The next slides in this series discuss the Production Possibilities Frontier.

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  • Summary
  •  • 10 pages • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Microeconomics Production Possibilities Frontier

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These are presentation slides about Production Possibilities Frontier (PPF), also known as the Production Possibilities Curve (PPC). We introduce the definition, its practice use, how to find efficiency, constant vs. increasing opportunity cost, and how it can illustrate economic growth. Finally, we introduce the different economic systems that exist. The next slides in this series discuss Specialization and Trade.

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  •  Package deal
  • Summary
  •  • 14 pages • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Microeconomics Specialization and Trade

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These are presentation slides about Specialization and Trade. Following the Production Possibilities Frontier slides, we will be using them to find the absolute and comparative advantages to show the gains from trading with other countries or sellers. We use various examples to show the different types of questions to find the advantages. The next slides in this series discuss Demand Analysis.

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  •  Package deal
  • Summary
  •  • 19 pages • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Microeconomics Demand Analysis

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These are presentation slides about Demand Analysis. We introduce the various determinants of demand and how they will shift the demand curve. We then calculate the market demand for a microeconomy. Finally, we will discuss the difference between a shift and a movement on the demand curve. The next slides in this series discuss Supply Analysis.

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  •  Book & Paket-Deal
  • Summary
  •  • 17 pages • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Microeconomics Supply Analysis

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These are presentation slides about Supply Analysis. We discuss the determinants of supply, such as the price of inputs, technological advances, and business taxes. Then, we show how to find the market supply for a microeconomy. Finally, we demonstrate the difference between a shift and movement on the supply curve. The next slides in this series discuss Market Equilbrium.

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  •  Book & Paket-Deal
  • Summary
  •  • 16 pages • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Microeconomics Market Equilibrium

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These are presentation slides about Market Equilibrium with the interaction between Demand and Supply. We demonstrate shifts in the demand and supply curves to show how equilibrium price and quantity will change. Finally, we discuss how the market will always work towards equilibrium because of how surpluses and shortages affect the market. The next slides in this series discuss Market Disequilibrium.

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  •  Book & Paket-Deal
  • Summary
  •  • 12 pages • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Microeconomics Market Disequilibrium

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These are presentation slides about Market Disequilibrium with the interaction between Demand and Supply. We demonstrate simultaneous changes between demand and supply to show how price and quantity will change or become uncertain. Finally, we discuss the different price controls, either a floor or ceiling, when it is binding, their uses, and how they cause inefficiencies. The next slides in this series discuss Welfare Economics.

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  •  Book & Paket-Deal
  • Summary
  •  • 11 pages • 
  • by imageeducation • 
  • uploaded  08-04-2023
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Consumer Behavior

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An introduction into Consumer Behavior by providing explanations for utility, consumer preferences, the use of indifference curves, the difference between substitution and income effect, and how consumers maximize utility between two goods.

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  • Class notes
  •  • 190 pages • 
  • by imageeducation • 
  • uploaded  23-03-2023
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