Production-Possibilities Curve/Frontier
Basic Concepts:
Supply and Demand:
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Price Ceiling and Price Floor:
Consumer, Producer Surplus, and Deadweight Loss:
Elasticity of Demand and Supply:
Utility:
Production Costs:
Perfect Competition:
Lump-Sum Tax/Subsidy vs. Per-Unt Tax/Subsidy:
Monopoly:
Oligopoly:
Monopolistic Competition:
Types of Market Structures:
Labor Market:
Market Failure:
World Trade:
Elasticity and Per-Unit Tax:
Reffonomics Videos MICROeconomics Terms (in 3 minutes or less and 3 multiple choice questions)
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Steven M. Reff Economics Lecturer University of Arizona (2007 - 2016) The 2015 University of Arizona Five-Star Faculty Award
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