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OER Resources

OER Resources

42 articles

Unit 1: Basic Economic Concepts

Topic 1.1: Scarcity

Topic 1.2: Resouce Allocation and Economic Systems

Topic 1.3: Production Possibilities Curve

Topic 1.4: Comparative Advantage and Trade

Topic 1.5: Cost-Benefit Analysis

Topic 1.6: Marginal Analysis and Consumer Choice

Unit 2: Supply and Demand

Topic 2.1: Demand

Topic 2.2: Supply

Topic 2.3: Price Elasticity of Demand

Topic 2.4: Price Elasticity of Supply

Topic 2.5: Other Elasticities

Topic 2.6: Market Equilibrium and Consumer and Producer Surplus

Topic 2.7: Market Disequilibrium and Other Changes in Equilibrium

Topic 2.8: The Effects of Government Intervention in Markets

Topic 2.9: International Trade and Public Policy

Unit 3: Production Cost and the Perfect Competition Model

Topic 3.1: The Production Function

Topic 3.2: Short-Run Production Costs

Topic 3.3: Long-Run Production Costs

Topic 3.4: Types of Profit

Topic 3.5: Profit Maximization

Topic 3.6: Firms’ Decisions to Enter or Exit Markets

Topic 3.7: Perfect Competition

Unit 4: Imperfect Competition

Topic 4.1: Introduction to Imperfectly Competitive Markets

Topic 4.2: Monopoly

Topic 4.3: Price Discrimination

Topic 4.4: Monopolistic Competition

Topic 4.5: Oligopoly and Game Theory

Unit 5: Factor Markets

Topic 5.1: Introduction to Factor Markets

Topic 5.2: Changes in Factor Demand and Factor Supply

Topic 5.3: Profit-Maximizing Behavior in Perfectly Competitive Factor Markets

Topic 5.4: Monopsonistic Markets

Unit 5 Resources

Unit 6: Market Failure and the Role of Government

Topic 6.1: Socially Efficient and Inefficient Market Outcomes

Topic 6.2: Externalities

Topic 6.3: Public and Private Goods

Topic 6.4: The Effects of Government Intervention in Different Market Structures

Topic 6.5: Inequality