Unit 1: Introduction |
Production–possibility frontier |
Unit 3: Competitive markets |
Shifting and adding supply and demand curves |
Sum of individual demands
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Equilibriun in competitive markets |
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Price elasticity of supply and demand |
Price elasticity of demand and supply
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Consumer supplus and producer supplus |
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Maximum prices and minimum prices |
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Unit 4: Production, costs and incomes |
Production functions |
Short term functions of production of two companies |
Cost functions |
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Unit 5: Companies in competitive markets |
The optimal level of production and the supply curve |
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Equilibrium in competitive markets |
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Unit 6: Imperfect markets |
Equilibrium of monopolist |
Equilibrium and social cost for monopolies |
Public intervention in monopolies |
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Oher grahps |
Taxes |
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Grants |
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Consumer choices |
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Isoquants and isocosts |
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