• Chapter 21: Profit MaximizationChapter 21: Profit Maximization

    Chapter Objectives Marginal Revenue Profit maximization and loss minimization The short-run supply curve The long-run supply curve The shut-down and break-even points Economic efficiency

    ppt28 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 541 | Lượt tải: 0

  • Chapter 20: CostChapter 20: Cost

    Chapter Objectives Fixed cost, variable cost, and total cost Marginal cost Short run and long run Shut-down and go-out-of-business decisions Average cost Graphing the AFC, AVC, ATC, and MC curves The law of diminishing returns Economies and diseconomies of scale The long-run planning envelope curve

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  • Chapter 19: Theory of Consumer BehaviorChapter 19: Theory of Consumer Behavior

    Chapter Objectives Marginal utility The law of diminishing returns Total utility Maximizing utility The water-diamond paradox Consumer surplus

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  • Chapter 18: The Elasticities of Demand and SupplyChapter 18: The Elasticities of Demand and Supply

    Chapter Objectives The elasticity of demand The determinants of elasticity Elasticity and total revenue The elasticity of supply Tax incidence

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  • Chapter 17: Demand, Supply, and EquilibriumChapter 17: Demand, Supply, and Equilibrium

    Chapter Objectives Individual and market demand Changes in demand Individual and market supply Changes in supply Graphing supply and demand curves Finding equilibrium price and quantity

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  • Chapter 16: Economic Growth and ProductivityChapter 16: Economic Growth and Productivity

    Chapter Objectives Economic growth in the United States: The record The role of productivity The reasons our productivity has varied The roles of savings, capital, and technology The declining quality of our labor force Economic growth in the less developed countries The Malthusian theory of population

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  • Chapter 15: Twentieth-Century Economic TheoryChapter 15: Twentieth-Century Economic Theory

    Chapter Objectives The equation of exchange The quantity theory of money Classical economics Keynesian economics The monetarist school Supply-side economics The rational expectations theory

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  • Chapter 13: Money and BankingChapter 13: Money and Banking

    Chapter Objectives The four jobs of money What money is M1, M2, and M3 The demand for money

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  • Chapter 12: Fiscal Policy and the National DebtChapter 12: Fiscal Policy and the National Debt

    Chapter Objectives The deflationary gap The inflationary gap The multiplier and its applications Automatic stabilizers Discretionary fiscal policy Budget deficits and surpluses The public debt

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  • Chapter 11: Classical and Keynesian EconomicsChapter 11: Classical and Keynesian Economics

    Chapter Objectives Say’s law Classical equilibrium Real balance, interest rate, and foreign exchange effects Aggregate demand Aggregate supply in the long run and short run

    ppt48 trang | Chia sẻ: thanhlam12 | Ngày: 14/01/2019 | Lượt xem: 477 | Lượt tải: 0