Scarcity, possibilities, preferences and opportunity cost

Тематический план

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  Общее

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  1 Lesson. Production possibilities frontier
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  Production possibilities frontier
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  Opportunity Cost
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  Increasing opportunity cost
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  Allocative efficiency and marginal benefit
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  Economic growth through investment

  • The_production_possibilities_frontier_and_social_choices Файл
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  2 Lesson. Comparative advantage and gains from trade
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  Comparative advantage specialization and gains from trade
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  Comparative advantage and absolute advantage
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  3 Lesson. Marginal utility and budget lines
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  Marginal Utility
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  Equalizing_Marginal_Utility_per_Dollar_Spent
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  Deriving demand curve from tweaking marginal utility per dollar
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  Budget Line
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  Indifference curves and marginal rate of substitution
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  Optimal point on budget line
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  Types of indifference curves

  • Decisions_within_a_budget_constraint Файл