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(9 Courses Available)
Introduction To Economics (K-A)
Economic systems
Production possibilities frontier (K-A)
Comparative advantage and the terms of trade (K-A)
Consumer and producer surplus (K-A)
Deadweight loss (K-A)
Public goods and externalities (K-A)
Bonus articles: Pollution as a negative externality (K-A)
Bonus articles: Innovation as a positive externality (K-A)
Introduction to consumer theory: total utility and marginal utility (K-A)
Utility maximization using marginal utility per dollar spent (K-A)
Utility maximization with indifference curves (K-A)
Price elasticity (K-A)
Perfect competition (K-A)
Monopoly (K-A)
Between perfect competition and monopoly (K-A)
Nash equilibrium (K-A)
Why parties in a cartel will cheat (K-A)
Economic profit and opportunity cost (K-A)
Average costs (ATC, MC) and marginal revenue (MR) (K-A)
Average fixed, variable and marginal costs (K-A)
Labor and marginal product revenue (K-A)
Price discrimination (K-A)
Comparative advantage and gains from trade (K-A)
Marginal utility and budget lines (K-A)
The supply curve (K-A)
Market equilibrium (K-A)