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Microeconomics

Xem 1-20 trên 518 kết quả Microeconomics
  • (NB) Giáo trình Tiếng anh chuyên ngành Kế toán doanh nghiệp cung cấp cho người học những kiến thức như: Market Economy; Macroeconomics and Microeconomics; Supply and Demand; Money and its functions; Marketing and Analysis of market opportunities;...Mời các bạn cùng tham khảo!

    pdf115p caphesuadathembotngot 26-12-2021 29 4   Download

  • Lecture Chapter 1: Ten Principles of Economics. In this chapter you will: Learn that economics is about the allocation of scarce resources, examine some of the tradeoffs that people face, learn the meaning of opportunity cost,...

    ppt35p 123chichi 01-12-2021 19 0   Download

  • Lecture Chapter 2: Thinking Like An Economist, In this chapter you will: As scientists, economists try to explain the world using models with appropriate assumptions. Two simple models are the Circular-Flow Diagram and the Production Possibilities Frontier. Microeconomics studies the behavior of consumers and firms, and their interactions in markets. Macroeconomics studies the economy as a whole. As policy advisers, economists offer advice on how to improve the world.

    ppt40p 123chichi 01-12-2021 21 0   Download

  • Lecture Chapter 3: Interdependence and the Gains from Trade, In this chapter you will: Interdependence and trade allow everyone to enjoy a greater quantity and variety of goods & services. Comparative advantage means being able to produce a good at a lower opportunity cost. Absolute advantage means being able to produce a good with fewer inputs. When people – or countries – specialize in the goods in which they have a comparative advantage, the economic “pie” grows and trade can make everyone better off.

    ppt30p 123chichi 01-12-2021 19 0   Download

  • Lecture Chapter 4: The Market Forces of Supply and Demand, In this chapter you will: We can use the supply-demand diagram to analyze the effects of any event on a market:First, determine whether the event shifts one or both curves. Second, determine the direction of the shifts. Third, compare the new equilibrium to the initial one. In market economies, prices are the signals that guide economic decisions and allocate scarce resources.

    ppt63p 123chichi 01-12-2021 30 0   Download

  • Lecture Chapter 6: Supply, Demand, and Government Policies, In this chapter you will: A price ceiling is a legal maximum on the price of a good. An example is rent control. If the price ceiling is below the eq’m price, it is binding and causes a shortage. A price floor is a legal minimum on the price of a good. An example is the minimum wage. If the price floor is above the eq’m price, it is binding and causes a surplus. The labor surplus caused by the minimum wage is unemployment.

    ppt33p 123chichi 01-12-2021 25 0   Download

  • Lecture Chapter 7: Consumers, Producers, and the Efficiency of Markets, In this chapter you will: To measure of society’s well-being, we use total surplus, the sum of consumer and producer surplus. Efficiency means that total surplus is maximized, that the goods are produced by sellers with lowest cost, and that they are consumed by buyers who most value them. Under perfect competition, the market outcome is efficient. Altering it would reduce total surplus.

    ppt48p 123chichi 01-12-2021 19 0   Download

  • Lecture Chapter 10: Externalities, In this chapter you will: An externality occurs when a market transaction affects a third party. If the transaction yields negative externalities (e.g., pollution), the market quantity exceeds the socially optimal quantity. If the externality is positive (e.g., technology spillovers), the market quantity falls short of the social optimum.

    ppt44p 123chichi 01-12-2021 13 0   Download

  • Lecture Chapter 13: The Costs of Production, In this chapter you will: Implicit costs do not involve a cash outlay, yet are just as important as explicit costs to firms’ decisions. Accounting profit is revenue minus explicit costs. Economic profit is revenue minus total (explicit + implicit) costs. The production function shows the relationship between output and inputs.

    ppt48p 123chichi 01-12-2021 27 0   Download

  • Lecture Chapter 14: Firms in Competitive Markets, In this chapter you will: For a firm in a perfectly competitive market, price = marginal revenue = average revenue. If P > AVC, a firm maximizes profit by producing the quantity where MR = MC. If P < AVC, a firm will shut down in the short run. If P < ATC, a firm will exit in the long run. In the short run, entry is not possible, and an increase in demand increases firms’ profits. With free entry and exit, profits = 0 in the long run, and P = minimum ATC.

    ppt39p 123chichi 01-12-2021 28 0   Download

  • Lecture Microeconomics - Chapter 1: Introducing the Economic Way of Thinking. After studying this section will help you understand: what is the economic problem, what is entrepreneurship, what is financial capital, what is macroeconomics,...

    ppt81p diepchilang 26-08-2021 13 0   Download

  • Lecture Microeconomics - Appendix 1: Applying Graphs to Economics. After studying this section will help you understand: what is a direct relationship between two variables, what is the slope of a line, what is an inverse relationship between two variables,...

    ppt42p diepchilang 26-08-2021 14 0   Download

  • Lecture Microeconomics - Chapter 2: Production Possibilities and Opportunity Cost. After studying this section will help you understand: what are the three fundamental economic questions, what is opportunity cost, what is marginal analysis,...

    ppt39p diepchilang 26-08-2021 11 0   Download

  • Lecture Microeconomics - Chapter 3: Market Supply and Demand. After studying this section will help you understand: what is the law of demand, what is a demand curve, why do demand curves have a negative slope, what is a demand schedule,...

    ppt95p diepchilang 26-08-2021 14 0   Download

  • Lecture Microeconomics - Chapter 4: Markets in Action. After studying this section will help you understand: number of buyers in the market, tastes and preferences, income, expectations of consumers, prices of related goods,...

    ppt74p diepchilang 26-08-2021 11 0   Download

  • Lecture Microeconomics - Chapter 5: Price Elasticity of Demand and Supply. After studying this section will help you understand: how is the percent increase or decrease of two numbers calculated, what is price elasticity of demand, why is the demand curve in the previous slide elastic,...

    ppt101p diepchilang 26-08-2021 14 0   Download

  • Lecture Microeconomics - Chapter 7: Production Costs. After studying this section will help you understand: what is a basic assumption in economics, understand profit, what is necessary, what are explicit costs,...

    ppt91p diepchilang 26-08-2021 10 0   Download

  • Lecture Microeconomics - Chapter 8: Perfect Competition. After studying this section will help you understand: what did Adam Smith say about competitive forces, to explain how competitive markets determine prices, output, and profits,...

    ppt95p diepchilang 26-08-2021 5 0   Download

  • Lecture Microeconomics - Chapter 9: Monopoly. After studying this section will help you understand: what is a monopoly, what are the most common monopolies, what does it mean to have a unique product, what are some examples of impossible entry,...

    ppt69p diepchilang 26-08-2021 14 0   Download

  • Lecture Microeconomics - Chapter 10: Monopolistic Competition and Oligopoly. After studying this section will help you understand: what is imperfect competition, what is monopolistic competition, what is product differentiation,...

    ppt75p diepchilang 26-08-2021 17 0   Download

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