Lesson 1 – Supply and Demand: Price Elasticity of Demand
Lesson 2 – Tax Burden and Elasticity
Lesson 3 – Theory of Consumer Choice: Marginal Analysis
Lesson 4 – Production and Costs: Profit Max and Short-run Shutdown
Lesson 5 – Firm Behavior and Market Structure: Monopoly: Price Discrimination and Total Revenue
Lesson 6 – Factor Markets: Hiring Decisions in Perfectly Competitive Labor Markets
Lesson 7 – Factor Markets: Monopsonistic Marketplace
Lesson 8 – Market Failures: Government Intervention