TAILIEUCHUNG - Ebook Micro ECON 5 - Principles of microeconomics: Part 1

(BQ) Part 1 book "Micro ECON 5 - Principles of microeconomics" hass contents: The art and science of economic analysis; economic tools and economic systems, economic decision makers; demand, supply, and markets; elasticity of demand and supply; production and cost in the firm,.and other contents. | Find more at YOUR FEEDBACK YOUR BOOK Find more at Our research never ends. Continual feedback from you ensures that we keep up with your changing needs. Copyright 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. Find more at THE ECON SOLUTION Print ECON MICRO5 C H A p TE R 1 + The Art and Science of Economic Analysis Online C H A p TE R 2 Economic Tools and Economic Systems ECON Micro5 delivers all the key terms and core concepts for the Principles of Micro Economics course. ECON Online provides the complete narrative from the printed text with additional interactive media and the unique functionality of StudyBits—all available on nearly any device! What is a StudyBit™? Created through a deep investigation of students’ challenges and workflows, the StudyBit™ functionality of ECON Online enables students of different generations and learning styles to study more effectively by allowing them to learn their way. Here’s how they work: WEAK ColleCt What’s Important Create StudyBits as you highlight text, images or take notes! FAIR STRONG UNASSIGNED rate and organIze studyBIts Rate your understanding and use the color-coding to quickly organize your study time and personalize your flashcards and quizzes. CORRECT traCk/monItor progress Use Concept Tracker to decide how you’ll spend study time and study YOUR way! 85% INCORRECT personalIze QuIzzes Filter by your StudyBits to personalize quizzes or just take chapter .

• Kinh tế học
• Principles of microeconomics
• Micro ECON 5
• Economic analysis
• Economic decision makers
• Cost in the firm
• Production in the short run
• Lecture Principles of microeconomics
• Ten principles of economics
• Scarce resources
• Scarcity implies choice
• Choice implies cost
• Thinking like an economist
• Economic models
• Circular flow diagram
• Production possibilities frontier
• The gains from trade
• Production possibilities
• Comparative advantage
• Absolute advantage
• Market forces
• Supply and demand
• Market economies
• Competitive markets
• Price elasticity of demand
• Price elasticity
• Midpoint method
• Demand curves
• Controls on prices
• Price ceiling
• Price floor
• Market outcomes
• Market failures
• Negative externalities
• Positive externalities
• Market inefficiency
• Public goods
• Common resources
• Types of goods
• Cost benefit analysis
• Tax system
• Federal government
• Marginal tax rate
• Budget surplus
• Costs of production
• Total revenue
• Total cost
• Opportunity costs
• Firms in competitive markets
• Average revenue
• Marginal revenue
• Sunk costs
• Monopoly resources
• Government created monopolies
• Natural monopolies
• Monopoly’s revenue
• Monopolistic competition
• Nash equilibrium
• Equilibrium for oligopoly
• Game theory
• Long run equilibrium
• Perfect competition
• Production possibility frontier
• Opportunity cost
• Rational people
• Indirect effects
• Law of demand
• Factors change demand
• Law of supply
• Market demand
• Demand intersect
• Demand determine prices
• Change in demand
• Change in supply
• Elastic demand curve
• Policy analysis with supply
• Policy analysis with demand
• Wealth creation
• Production cost
• Total surplus
• International trade
• Additional benefits of trade
• Average costs
• Break even price
• Increasing marginal costs
• Long run analysis
• Firms profit graphically
• Accounting profit
• Market effectiveness
• Monopolist pricing
• Price discrimination
• Antitrust laws
• Disruptive innovation in oligopolies
• Predatory pricing