Readings: Modules 5, 6, 7, 54, 55
Determinants of Supply and Demand
- Supply
- Production functions: short and long run
- Short Run Analysis
- Marginal product and diminishing returns
- Demand
- Equilibrium
Review Videos
Diminishing Marginal Utility
Demand
Change in D v. Change in QD
Supply
Producer Theory
Fixed v. Variable Cost
Equilibrium
Practice Problems:
Unit 2 Practice Problems
Google Forms for Unit 2 practice problems
Notes:
Consumer Choice and PEd
