1st Edition
ECON 1123: Princ. of Econ-Micro
School: The University of Oklahoma (OU )
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Pages: 3This class Clark just went over the new market structures we have learned since the last test. He also touched on private goods and bads again so expect that on the final -
Pages: 3This lecture reviewed a lot but the important new thing covered is game theory. -
Pages: 2This lecture Clark addressed in more detail monopolistic competition, and also introduced the market structure of oligopoly. -
Pages: 2This lecture helped us understand monopolistic competition better and also talked about how companies will differentiate their products by brands and persuasive advertising. -
Pages: 3This lecture dove into greater depth about how to regulate monopoly and also introduced monopolistic competition. -
Pages: 2This lecture focuses on monopoly regulations and what that can mean for the monopoly and the consumer -
Pages: 2This lecture discussed monopoly in more depth and explained in more detail why monopolies are inefficient. -
Pages: 8This study guide gives you a basis of what you need to know from the lectures in class. I recommend also reading the textbook and getting the definitions for the define and explain the significance questions from there. Best of luck! -
Pages: 2This lecture Dr. Clark explained and graphed externalities. He went over positive and negative externalities -
Pages: 2This lecture covered monopolies and economic efficiency, characteristics of private goods and public goods. Also, private externalities and negative externalities -
Pages: 2This lecture focuses on monopolies, and how they differ from pure competition models. We learn about the characteristics of monopoly and monopoly profits. -
Pages: 2This lecture covered different types of cost industries as well as pure competition conclusions -
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Pages: 2This lecture is about marginal cost and how firms choose what price they sell at. We learned a lot of equations and how they applied. -
Pages: 2This lecture focused on the short run production costs. We talked about marginal product of labor and average product of labor and learned how to calculate those. We also briefly went over what the graphs of those will look like. -
Pages: 11This study guide covers all that we talked about in lecture. Major themes include demand, supply, indifference curves, individuals and markets -
Pages: 3This lecture explored elasticity in more depth. We talked about price elasticity of supply, income elasticity of demand, and cross elasticity of demand. -
Pages: 2In this lecture we learned about changes in income and relative prices and how these effect individual buyers. -
Pages: 2A lecture on how economics works looking at consumers. The lecture goes over budget constraints and indifference sets. -
Pages: 3In this lecture we talked about elasticity of demand and the ways in which this occurs. -
Pages: 3Mr. Clark talked about how to graph a supply schedule, Competitive Markets and how they work, factors that increase demand and Relationships between individual demand and market demand. -
Pages: 3Lecture 3 introduces the demand curve and how it works as well as introducing determinants of supply.