TAILIEUCHUNG - Lecture Microeconomics (20/e): Chapter 17 - Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

Chapter 17 - Natural resource and energy economics. In this chapter we start looking at the demand for natural resources, including energy, as the world’s population changes. First we will investigate the changes in the global population and what this might mean in terms of the availability of natural resources. In this analysis, resource consumption per capita is included. We will discuss the fact that economists don’t worry that the world will run out of energy and the alternative energies that might be available. | Chapter 17 Natural Resource and Energy Economics Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. In this chapter we start looking at the demand for natural resources, including energy, as the world’s population changes. First we will investigate the changes in the global population and what this might mean in terms of the availability of natural resources. In this analysis, resource consumption per capita is included. We will discuss the fact that economists don’t worry that the world will run out of energy and the alternative energies that might be available. Resource Supplies: Doom or Boom? Population increased from 1 to 7 billion Standard of living is 12 times higher Consumption of resources is much higher LO1 Since the Industrial Revolution there have been historically high increases in population and the standard of living. The worldwide population has risen from 1 to 7 .

• Quản lý Nhà nước
• Lecture Microeconomics
• Economic problem
• Economic principles
• Economic policies
• Natural resource
• Energy economics
• Microeconomics theory
• Microeconomics applications
• Kinh tế vĩ mô
• Scope of microeconomic theory
• Normative analyses
• Demand curves
• Supply curves
• Consumer choice
• Theory of consumer choice
• Consumption choices
• Substitution effects
• Consumer choice theory
• Excise subsidies
• Economic efficiency
• Competitive equilibrium
• Relating output to inputs
• Empirical estimation
• Cost of production
• Shortrun cost
• Profit maximization
• Perfectly competitive markets
• Competitive model
• Excise taxation
• Monopolist’s demand
• Marginal revenue curves
• Product pricing
• Monopoly power
• Monopolistic competition
• Cournot model
• Game theory
• Economics of information
• Noncompetitive market models
• Iterated dominance
• Input demand curve
• Leisure choice
• Wage rates
• Minimum wage
• Hidden costs
• General equilibrium analysis
• Public goods