Unit 1 – Intro to Economics
- Scarcity and Opportunity Cost
- Economic Models and Assumptions
- Production Possibilities Curve (PPC)
- Absolute Advantage and Comparative Advantage
- Specialization and Trade
- Economic Systems (Command vs. Market)
- Marginal Analysis
- Free Response Review Videos
- Multiple Choice Review Videos
Unit 2 – Product Markets
- Product Markets vs. Factor Markets
- Basics of Graphing
- Demand
- Consumer Theory
- Supply
- Market Equilibrium
- Government Policies
- Price Elasticity of Demand
- Other Elasticities
- Tax Incidence (Tax Burden)
- Free Response Review Videos
- Multiple Choice Review Videos
Unit 3 – The Firm
- The Market vs. The Firm
- Short-Run vs. Long-Run
- Production Analysis
- Short-Run Cost Analysis
- Long-Run Cost Analysis
- Cost Minimization and Productive Efficiency (Part 1)
- Revenue, Costs and Profit
- Free Response Review Videos
- Multiple Choice Review Videos
Unit 4 – Perfect Competition
- Product Market Structures
- Profit Maximization in Perfect Competition
- Stay Open vs. Shut Down Decision in Perfect Competition
- Long-Run in Perfect Competition
- Unit 4 Review Video
- Free Response Review Videos
- Multiple Choice Review Videos
Unit 5 – Monopoly
- Product Market Structures
- Characteristics and Graph of Monopoly
- Elasticity and Total Revenue in Monopoly
- Monopoly vs. Perfect Competition
- Government Regulation in Monopoly
- Price Discrimination in Monopoly
- Free Response Review Videos
- Multiple Choice Review Videos
Unit 6 – Monopolistic Competition and Oligopoly
- Product Market Structures
- Monopolistic Competition
- Characteristics of Oligopoly
- Game Theory
- Free Response Review Videos
- Multiple Choice Review Videos
Unit 7 – Factor Markets
- Product Markets vs. Factor Markets
- Product Market Structures
- Factor Market Structures
- Supply and Demand in Factor Markets
- Perfectly Competitive Factor Markets
- Monopsony Factor Markets
- Government Policies in Factor Markets
- Cost Minimization and Productive Efficiency (Part 2)
- Free Response Review Videos
- Multiple Choice Review Videos
Unit 8 – Market Failure and the Role of Government
- Externalities
- Public Sector Provision of Goods and Services
- Distribution of Income and Income Inequality
- Free Response Review Videos
- Multiple Choice Review Videos