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Introduction to Government Intervention

Microeconomics: Course Curriculum

    1. Welcome to Microeconomics! Introduction and Overview of Course

    2. Lesson 1: Introduction to the Foundations of Economics

    3. Lesson 2: Scarcity, Choice, Opportunity Cost, and Utility

    4. Lesson 3: The Basic Economic Problem

    5. Lesson 4: The Factors of Production

    6. Lesson 5: Production Possibility Curve

    7. Lesson 6: Microeconomics and Macroeconomics

    8. Lesson 7: Positive and Normative Economics

    9. Lesson 8: Rational Economic Thinking

    10. Lesson 9: Model Building

    11. Study Break!

    12. Lesson 10: The Circular Flow of Income Model

    13. Lesson 11: Free Market vs Planned Economies

    14. Lesson 12: Economic Growth vs Economic Development

    15. Review Questions: Foundations of Economics

    16. Key Terms and Concepts: Foundations of Economics

    1. Lesson 1: Introduction to Demand, Supply, and Market Equilibrium

    2. Lesson 2: The Law of Demand

    3. Lesson 3: The Determinants of Demand

    4. Lesson 4: The Law of Supply

    5. Lesson 5: The Determinants of Supply

    6. Lesson 6: The Rule of 11: The Basic Demand and Supply Diagram

    7. Study Break!

    8. Lesson 7: Market Equilibrium

    9. Lesson 8: The Effects of Shifts of Demand and Supply

    10. Lesson 9: The Role of Price Mechanism

    11. Lesson 10: Market and Allocative Efficiency

    12. Review Questions: Demand, Supply and Market Equilibrium

    13. Key Terms and Concepts: Demand, Supply, and Market Equilibrium

    14. IB Exam Practice Questions: Demand, Supply, and Market Equilibrium

    1. Lesson 1: Elasticities: Introduction and Overview

    2. Lesson 2: Price Elasticity of Demand (PED)

    3. Lesson 3: Price Elasticity of Demand: Applications

    4. Lesson 4: Price Elasticity of Demand: The Diagram

    5. Lesson 5: Price Elasticity of Demand: Determinants

    6. Lesson 6: Cross Elasticity of Demand (XED)

    7. Lesson 7: Income Elasticity of Demand (YED)

    8. Lesson 8: Price Elasticity of Supply (PES)

    9. Study Break!

    10. Lesson 9: Price Elasticity of Supply: Applications

    11. Lesson 10: Price Elasticity of Supply: Determinants

    12. Review Questoins: Elasticities

    13. Key Terms and Concepts: Elasticities

    14. IB Exam Practice Questions: Elasticities

    1. Lesson 1: Introduction to Government Intervention

    2. Lesson 2: Indirect Taxes

    3. Lesson 3: Indirect Tax Diagram

    4. Lesson 4: Per-Unit Subsidies

    5. Lesson 5: Per-Unit Subsidy Diagram

    6. Study Break!

    7. Lesson 6: Price Controls: Introduction

    8. Lesson 7: Price Ceiling Diagram

    9. Lesson 8: Price Floor Diagram

    10. Review Questions: Government Intervention

    11. Key Terms and Concepts: Government Intervention

    12. IB Exam Practice Questions: Government Intervention

    1. Lesson 1: Introduction to Market Failure

    2. Lesson 2: Market and Allocative Efficiency

    3. Lesson 3: Market Failure Base Diagram

    4. Lesson 4: Negative Externality of Consumption: The Diagram

    5. Lesson 5: Negative Externality of Consumption: The Solutions

    6. Lesson 6: Negative Externality of Production: The Diagram

    7. Lesson 7: Negative Externalities of Production: The Solutions

    8. Lesson 8: Positive Externality of Consumption: The Diagram

    9. Lesson 9: Positive Externality of Consumption: The Solutions

    10. Lesson 10: Positive Externality of Production: The Diagram

    11. Lesson 11: Positive Externality of Production: The Solutions

    12. Lesson 12: Common Access Resources

    13. Review Questions: Market Failure

    14. Key Terms and Concepts: Market Failure

    15. IB Exam Practice Questions: Market Failure

    1. The Basic Demand and Supply Diagram: The Rule of 11

    2. Elasticity: Price Elasticity of Demand -- The Diagram

    3. Government Intervention: The Indirect Tax Diagram

    4. Government Intervention: The Per-Unit Subsidy Diagram

    5. Government Intervention: The Price Ceiling Diagram

    6. Government Intervention: The Price Floor Diagram

    7. Market Failure: The Market Failure Base Diagram

    8. Market Failure: The Negative Externality of Consumption Diagram

    9. Market Failure: The Negative Externality of Production Diagram

    10. Market Failure: The Positive Externality of Consumption Diagram

    11. Market Failure: The Positive Externality of Production Diagram

About this course

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  • 10 hours of video content