What is economics
Budget line model
Production Possibilities model
Economic systems (Chapter 2)
Technology and Capital Goods-Use of money-The Five Fundamental Questions (Chapter 2)
Economic systems
Technology and Capital Goods-Use of money-The Five Fundamental Questions
Answering the question of how to produce
The invisible hand-The circular flow model
Practice chapter 1&2
Demand
Supply
Market Equilibrium
Complex Cases
Price ceiling-Price floor
Price elasticity of demand
Elasticity of demand
Total revenue test
Price elasticity of supply