Unit 1
FRQ's/Review (Day 7)
TEST Day 8
Unit 2
Elasticity
Price Ceilings/Price Floors
Utility Maximization Rule
Consumer/Producer Surplus
Incidence of Tax--Who Bears the Burden
Tariffs/Quotas
Unit 3
Introduction to Market Stucture
Costs of Production
Perfectly Competitive Markets
Unit 4
Monopoly
Monopolistic Competition
Oligopoly
Game Theory
Unit 5
Labor Markets
Perfectly Competitive vs Monopsony
Labor/Capital Maximization Rule
Unit 6
Socal Welfare Analysis
MPB vs MPB
MPC vs MSC