Production-Possibilities Curve Interactive Table and Graph
Production-Possibilities Curve Increasing Cost PPC Activity
Production-Possibilities Curve Increasing Cost PPC Activity
Constant Cost vs. Increasing Cost PPC (3:02 minutes)
Points on the PPC (2:17 minutes)
Shifts in the PPC (3:21 minutes)
Points on the PPC (2:17 minutes)
Shifts in the PPC (3:21 minutes)
1.2 Production-Possibilities Curve
| Unit 1: Basic Economic Concepts |
| Steven M. Reff Economics Lecturer University of Arizona (2007 - 2016) The 2015 University of Arizona Five-Star Faculty Award |
1.1 Scarcity, Choice, and Opportunity Cost (1 to 2 hours)
1.4 Economic Systems
1.4 Economic Systems
Introduction to Economics (2:23 minutes)
Trade Offs and Opportunity Cost (2:23 minutes)
Economic Systems (3:10 minutes)
Trade Offs and Opportunity Cost (2:23 minutes)
Economic Systems (3:10 minutes)
| 7 hours - 9 hours max. |
| 10% - 16% of exam |
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Unit 1: Basic Economic Concepts (10%–16%)
• Topic 1.1 Scarcity, choice, and opportunity cost
• Topic 1.2 Production possibilities curve
• Topic 1.3 Comparative advantage, specialization, and trade
• Topic 1.4 Economic systems
• Topic 1.5 Property rights and the role of incentives (discussed in Unit 6)
• Topic 1.6 Marginal analysis
• Topic 1.1 Scarcity, choice, and opportunity cost
• Topic 1.2 Production possibilities curve
• Topic 1.3 Comparative advantage, specialization, and trade
• Topic 1.4 Economic systems
• Topic 1.5 Property rights and the role of incentives (discussed in Unit 6)
• Topic 1.6 Marginal analysis
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| eTextbook Reading: |
| (3 min. or less, along with 3 multiple choice questions) |
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| eTextbook Reading: |
1.3 Comparative Advantage, Specialization, and Trade
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| eTextbook Reading: |
1.5 Property Rights and Incentives (Discussed in Unit 8)
1.6 Marginal Analysis
| TEST YOURSELF 1.1: |
| TEST YOURSELF Units 1.1 - 1.4 |
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| eWorkbook Activities Interactive: |
| eTextbook Reading: |
1.4 Economic Systems
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| CLEP® Principles of Microeconomics Course Preparation |
NOTE: This website is not a College Board® sponsored website. Everything on this
website can be used by teachers or students to get a better understanding of their
college-level Principles of Microeconomics course.
website can be used by teachers or students to get a better understanding of their
college-level Principles of Microeconomics course.
| (3 min. or less, along with 3 multiple choice questions) |
| (3 min. or less, along with 3 multiple choice questions) |
| (3 min. or less, along with 3 multiple choice questions) |
NOTE: The 14 questions below are identical to the 14 questions above.
The graph above is MOVEABLE; the graph below is DRAWABLE.
The graph above is MOVEABLE; the graph below is DRAWABLE.