G
- Game theory
-
- definition of,
- Oligopoly - Game Theory Introduction - 1-2
- dominant strategy
- Oligopoly - Dominant Strategy - 1-16
- Oligopoly - Dilemmas - 1-16
- Oligopoly - Dominated Strategies - 1-7
- Oligopoly - Nash Equilibrium - 1, 2, 10, 14
- Oligopoly - Repeated Games - 13-14
- Oligopoly - Mixed Strategies - 2
- Oligopoly - Mutiple Choice Questions - 2,3,9,10
- Current Events - TV Reruns
- dominated strategies,
- Oligopoly - Dominated Strategies - 1-7
- Oligopoly - Mixed Strategies - 1
- Oligopoly - Mutiple Choice Questions - 6
- game tree,
- Oligopoly - Game Theory Introduction - 8-9
- Oligopoly - Sequential Games - 1- 12
- Current Events - Name Game 98
- nash equilibrium,
- Oligopoly - Nash Equilibrium - 1-14
- Oligopoly - Repeated Games - 1, 15
- Oligopoly - Mixed Strategies - 1, 3, 12
- Oligopoly - Mutiple Choice Questions - 5,7,8,11,18
- payoff matrix,
- Oligopoly - Game Theory Introduction - 3-7
- Oligopoly - Mutiple Choice Questions - 1-11,17-19
- Current Events - TV Reruns
- Current Events - Name Game 98
- Current Events - Oil Price Increases
- prisoners' dilemma,
- Oligopoly - Repeated Games - 1
- Oligopoly - Dilemmas - 1-8
- Oligopoly - Mutiple Choice Questions - 2,10
- Current Events - TV Reruns
- Current Events - Oil Price Increases
- repeated game (s),
- Oligopoly - Dilemmas - 11
- Oligopoly - Repeated Games - 1
- Current Events - Oil Price Increases
- sequential games,
- Oligopoly - Sequential Games - 1-12
- Current Events - TV Reruns
- Giffen goods,
- Demand & Supply - Exceptions - 7
- Consumer Choice - Income & Substitution Effect - Expenditure - 19-28
- Consumer Choice - Income & Substitution Effect - Utility - 19-28
- Goods and services,
- See Giffen goods
- See Inferior goods
- See Normal goods
- See Normal goods - luxury goods
- See Normal goods - necessity goods
- See Outputs
- Government,
- Demand & Supply - Equilibrium - 6
- Monopoly - Introduction - 4
- Monopoly - Barriers - 6
- Public Goods - Introduction - 1
- Public Goods - Optimal Provision - 3
- Demand & Supply - Mutiple Choice Questions - 6,7,13
- See also Price ceiling
- See also Price floor
- See also Regulation
- See also Taxes
- Graphs,
- Introduction - Graphs - 1-11
H
- Health care cost,
- Externalities - Pollution Taxes - 3
- Households,
- Introduction - Micro - 4
- Public Goods - Demand for Public Goods - 1
- income,
- Demand & Supply - Equilibrium - 10
- Consumer Choice - Introduction - 1
- Elasticity - Mutiple Choice Questions - 13
- Housing,
- Demand & Supply - Equilibrium - 9,10
- Homogeneous products,
- Perfect Competition - Introduction - 5
- Perfect Competition - Equilibrium - 1
- Perfect Competition - Firm Demand - 1
I
- Imperfect competition,
- Factor Markets - Factor Demand - 10
- See Oligopoly
- See Monopoly
- Income
-
- Income demand curve,
- See Engel curve
- Income effect (of a price change),
- Consumer Choice - Income And Substitution Effect - 1-9
- Factor Markets - Factor Supply - 7
- Factor Markets - Mutiple Choice Questions - 5
- Income elasticity of demand,
- See Elasticity - income elasticity of demand
- Increasing returns to scale (IRS),
- Production Costs - Long Run Costs - 3-5, 9
- Factor Markets - Mutiple Choice Questions - 18
- Indeterminate price &/or quantity,
- Demand & Supply - Market Adjust - 11
- Demand & Supply - Mutiple Choice Questions - 9
- Factor Markets - Mutiple Choice Questions - 7
- Indifference curves,
- Consumer Choice - Introduction - 3
- Consumer Choice - Indifference Curves - 1
- Indirect costs,
- Introduction - Cost & Profit - 1
- Introduction - Opportunity Costs - 2
- Industrial organization,
- Perfect Competition - Introduction - 1
- Industrial structure
-
- definition,
- Perfect Competition - Introduction - 1
- and externalities,
- See Externalities
- Industry,
- Perfect Competition - Introduction - 1
- Industry supply curve,
- See Supply Curve - Industry Supply Curve
- Inefficiency,
- Externalities - Industry Structure - 1,5
- Inefficient,
- Introduction - PPF - 14
- Inelastic demand,
- Elasticity - Demand - Own Price - 6-23
- Elasticity - Own Price - Revenue - 1-9
- Elasticity - Market Adjustment - 1-10
- Elasticity - Mutiple Choice Questions - 6,7,10,14
- and factor demand,
- Factor Markets - Factor Demand - 18-20
- and inferior goods,
- Consumer Choice - Income & Substitution Effect - Utility Compensation - 18,26,28
- Consumer Choice - Income & Substitution Effect - Expenditure Compensation - 18,26,28
- and kinked demand,
- Oligopoly - Kinked Demand - 1
- and labor demand,
- Factor Markets - Market Power - 22
- perfectly, shown graphically
- Elasticity - Demand - Own Price - 23
- and price discrimination,
- Monopoly - Price Discrimination - 3-7
- and tax surplus,
- Consumer Choice - Tax-Surplus - 7,8
- Current Events - Cigarette Tax
- Current Events - Drug Bust
- Current Events - Energy Use
- Current Events - Oil Price Increases
- Current Events - Surf Fashions
- Inelasticity,
- See Inelastic demand
- See Inelastic supply
- Inelastic supply,
- Elasticity - Supply - 2,4
- Elasticity - Market Adjustment - 3,8-0
- Factor Markets - Economic Rents - 2
- Factor Markets - Factor Supply - 18
- Factor Markets - Factor Prices - 11-15
- Current Events - Drug Bust
- Inferior goods,
- Demand And Supply - Normal And Inferior - 1-4
- Demand And Supply - Market Adjustment - 4
- Elasticity - Demand - Income - 1, 2, 5, 6, 9-11, 19
- Elasticity - Demand - Income - 1, 2, 5, 6, 9-11, 19
- Elasticity - Mutiple Choice Questions - 1,7,14,18
- Consumer Choice - Utility Maximization - 5
- Consumer Choice - Income & Substitution Effect - 2
- Consumer Choice - Income & Substitution Effect - Utility Compensation - 12-28
- Consumer Choice - Income & Substitution Effect - Expenditure Compensation - 12-28
- Inflation,
- Factor Markets - Present Value - 19
- Inputs,
- See Factors of production
- Insurance, as a fixed cost,
- Production Costs - Short Run Costs - 1
- Intangible aspect of decision making
- Introduction - Cost & Profit - 6
- Interest rate,
- Monopolistic Competition - Entry Barriers - 5-8
- Monopolistic Competition - Mutiple Choice Questions - 7,11
- Oligopoly - Repeated Games - 8
- Factor Markets - Present Value - 2-19
- Factor Markets - Mutiple Choice Questions - 22-23
- Interest bearing investment,
- Factor Markets - Present Value - 2
- Internet,
- Introduction - Opportunity Costs - 1
- Public Goods - Optimal Provision - 2
- Current Events - Microsoft and DOJ
- Inverse relationship,
- See Negative relationship
- Investment,
- Introduction - Mutiple Choice Questions - 2
- Perfect Competition - Equilibrium - 3, 7, 10
- Monopolistic Competition - Entry Barriers - 5-6
- Monopolistic Competition - Mutiple Choice Questions - 11
- Factor Markets - Present Value - 2-19
- Factor Markets - Mutiple Choice Questions - 22-23
- Investment goods,
- Demand And Supply - Expectations - 2
- Isocost,
- Factor Markets - Firm Hiring - 13-17, 23
- Factor Markets - Mutiple Choice Questions - 15-17
- Isoquant,
- Factor Markets - Firm Hiring - 7-19
- Factor Markets - Mutiple Choice Questions - 15-18
J
- Jobs
- Introduction - Cost & Profit - 6
- Factor Markets - Factor Supply - 5
- Factor Markets - Factor Prices - 16
- Current Events - Holiday Employment
- Justice Department
- See U.S. Department of Justice
K
- Kinked demand curve
- Oligopoly - Kinked Demand - 2-5
- Oligopoly - Mutiple Choice Questions - 14,15
L
- Labor,
- Demand & Supply - Production Costs - 1
- Factor Markets - Firm Hiring - 5-24
- Factor Markets - Mutiple Choice Questions - 8,12-15
- Current Events - Productivity
- Current Events - Holiday Employment
- Labor Department,
- See U.S. Department of Labor
- Labor supply,
- See Supply of labor
- Labor supply curve,
- See also Supply of labor curve
- Factor Markets - Factor Supply - 6-11,14,17
- Factor Markets - Market Power - 14,19,21
- Factor Markets - Mutiple Choice Questions - 5,7,8,11-14
- Labor unions,
- Factor Markets - Factor Supply - 18
- Factor Markets - Market Power - 20-24
- Land,
- Production Costs - Short Run Costs - 2
- Factor Markets - Economic Rents - 1
- Perfect Competition - Mutiple Choice Questions - 26
- Law of demand
-
- definition of,
- Demand & Supply - Law of Demand - 1-2
- exception to the law of demand,
- Demand & Supply - Exceptions - 1-2
- example of,
- Consumer Choice - Utility Maximization - 4
- and the inverse relationship,
- Demand & Supply - Law of Demand - 2
- Law of diminishing returns,
- Production Costs - Cost Curves - 4
- Production Costs - Diminishing Returns - 2-6
- Production Costs - Long Run Costs - 1
- Production Costs - Marginal Cost - 1
- Production Costs - Marginal Product - 1-2
- Factor Markets - Factor Demand - 4
- Law of supply,
-
- definition of,
- Demand & Supply - Law of Supply - 1-4
- example of,
- Elasticity - Supply - 1
- Legislation
-
- Leisure time,
- Factor Markets - Factor Supply - 1-7
- opportunity cost of,
- Factor Markets - Factor Supply - 1
- Licensing, as a market entry barrier,
- Perfect Competition - Introduction - 6
- Perfect Competition - Cost Change - 1
- Monopoly - Introduction - 4
- Monopoly - Entry Barriers - 5,6,9
- Current Events - Microsoft and DOJ
- Limit pricing,
- Monopoly - Entry Barriers - 5,9,12-15
- Linear relationship,
- Introduction - Graphs - 4,6
- Demand & Supply - Schedules & Equations - 4
- Long run,
- Production Costs - Short & Long Run - 2
- Production Costs - Long Run Costs - 1
- Long-run average cost (LRAC),
- Production Costs - Long Run Costs - 2
- Long-run costs,
- Production Costs - Long Run Costs - 1-9
- Long-run costs curve,
- Production Costs - Long Run Costs - 3-9
- Long-run equilibrium
-
- for a monopolist,
- Monopoly - Cost Change - 9, 12
- for a monopolistic competitor,
- Monopolistic Competition - Cost Change - 4-9, 11
- for a perfect competitor,
- Perfect Competition - Equilibrium - 3-14
- Perfect Competition - Mutiple Choice Questions - 2,8,9,15,17,18,23,25
- Current Events - Drug Bust
- Long-run marginal cost (LRMC),
- Production Costs - Long Run Costs - 3-9
- Long-run shut down
-
- Loss,
- See Economic loss
- Luxury goods,
- Elasticity - Demand - Income - 7-9, 11-15, 20
- Elasticity - Mutiple Choice Questions - 1,4,13
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