Economics Ages 14-18 ● Media ready

Microeconomics

Microeconomics is all about how individual actors make decisions. Learn how supply and demand determine prices, how companies think about competition, and more! We hit the traditional topics from a college-level microeconomics course.

9 units 36 lessons 118 videos 7 on CDN

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Unit 2 Basic economic concepts

1 Introduction to economics Free 6 video(s) ● 2 Economic systems Free 1 video(s) ● 4 Production possibilities frontier 🔒 Pro 5 Comparative advantage and the terms of trade 🔒 Pro 7 Factor markets: Unit test 🔒 Pro

Unit 3 Supply, demand, and market equilibrium

1 Demand 🔒 Pro 3 video(s) 2 Supply 🔒 Pro 3 video(s) 4 Market equilibrium and changes in equilibrium 🔒 Pro 3 video(s)

Unit 4 Elasticity

1 Price elasticity of demand 🔒 Pro 10 video(s) 2 Price elasticity of supply 🔒 Pro 3 video(s) 4 Income elasticity of demand and cross-price elasticity of demand 🔒 Pro 2 video(s)

Unit 5 Consumer and producer surplus, market interventions, and international trade

1 Consumer and producer surplus 🔒 Pro 5 video(s) 2 Market interventions and deadweight loss 🔒 Pro 8 video(s) 4 International trade 🔒 Pro 3 video(s)

Unit 6 Consumer theory

1 Introduction to consumer theory: total utility and marginal utility 🔒 Pro 3 video(s) 2 Utility maximization using marginal utility per dollar spent 🔒 Pro 2 video(s) 3 Utility maximization with indifference curves 🔒 Pro 4 video(s)

Unit 7 Production decisions and economic profit

1 Introduction to production and costs 🔒 Pro 2 video(s) 2 Production and costs in the short run 🔒 Pro 8 video(s) 3 Production and costs in the long run 🔒 Pro 3 video(s) 5 Types of profit 🔒 Pro 3 video(s) 6 Profit maximization 🔒 Pro 2 video(s) 7 Firm entry, exit, and the shut-down rule 🔒 Pro 1 video(s)

Unit 8 Forms of competition

1 Perfect competition 🔒 Pro 6 video(s) 3 Monopoly 🔒 Pro 10 video(s) 4 Price discrimination 🔒 Pro 2 video(s) 6 Monopolistic competition 🔒 Pro 3 video(s) 7 Oligopoly and game theory 🔒 Pro 5 video(s)

Unit 9 Factor markets

1 Introduction to factor markets 🔒 Pro 4 video(s) 2 Changes in factor demand and supply 🔒 Pro 3 video(s) 4 Optimal choice of factors in perfectly competitive factor markets 🔒 Pro 2 video(s) 5 Choosing inputs when factor markets are monopolistically competitive 🔒 Pro 2 video(s)

Unit 10 Market failure and the role of government

1 Externalities 🔒 Pro 4 video(s) 2 Bonus articles: Pollution as a negative externality 🔒 Pro 3 Bonus articles: Innovation as a positive externality 🔒 Pro 4 The four types of goods: private goods, public goods, common resources, and natural monopolies 🔒 Pro 2 video(s)