S
Salary (ies),
Perfect Competition - Short Run Equilibrium - 5
Monopolistic Competition - Entry Barriers - 4
Factor Markets - Economic Rents - 2
Factor Markets - Factor Prices - 19
Current Events - TV Reruns
See also Factors of production - wage
Sales
  • and price,
    Demand & Supply - Introduction - 1
    Elasticity - Mutiple Choice Questions - 2
    • and exception to the law of demand,
      Demand & Supply - Exceptions - 2
  • and revenue,
    Elasticity - Own Price - Revenue - 1
Sales tax,
See Taxes - sales
Savings,
Factor Markets - Present Value - 2
Satisfaction,
See Utility
Scale economies
See Economies of scale
Schedule
Demand & Supply - Schedule & Equations - 1
Sector
  • manufacturing,
    Oligopoly - Introduction - 1
  • service,
    Monopolistic Competition - Introduction - 1
    Factor Markets - Firm Hiring - 25
Service sector
See Sector - service
Sequential games,
See Game Theory - Sequential Games
Shortage,
Demand & Supply - Equilibrium - 1
Demand & Supply - Mutiple Choice Questions - 7
Current Events - Drug Bust
Short run,
Production Costs- Short & Long Run - 1
Perfect Competition - Short Run - 1
Perfect Competition - Mutiple Choice Questions - 1,3,7,16,26
Short-run costs,
Production Costs - Fixed and Variable Costs - 1
Short-run equilibrium,
Perfect Competition - Equilibrium - 14
Perfect Competition - Demand Change - 4
Perfect Competition - Mutiple Choice Questions - 2
Short-run shut down,
Perfect Competition - Short Run Shut Down - 1
Shut down price,
Perfect Competition - Equilibrium - 2
Slope in graph construction,
Introduction - Production Possibilities - 6
Consumer Choice - Budget Constraints - 2-5
Consumer Choice - Utility Maximization - 2
Consumer Choice - Curves - 6
Consumer Choice - Utility - 5
  • and elasticity
    Elasticity - Demand - Own Price - 12
Social cost (s),
Externalities - Introduction - 2
Externalities - Industry Structure - 2
Externalities - Pollution Taxes - 1-4
Industry Policy - Efficiency- 14
See also Cost-benefit analysis
See also Social marginal cost
Social marginal cost of production (SMC),
Externalities - Industry Structure - 2-6
Social regulation,
See Regulation
Spending power,
Consumer Choice - Income and Substitution Effect - 5
Stock (s),
Demand And Supply - Expectations - 2
Stock prices,
Current Events - Oil Price Increases
Subsidy, Pigouvian
Externalities - Pollution Taxes - 3-5
Substitute goods (substitutes),
Demand & Supply - Law of Demand - 2
Demand & Supply - Substitutes & Complements - 1
Elasticity - Demand - Cross Price - 1
Elasticity - Mutiple Choice Questions - 10,11
Factor Markets - Mutiple Choice Questions - 6,7
Substitution effect (of a price change),
Consumer Choice - Income And Substitution Effect - 2
Factor Markets - Factor Supply - 7
Factor Markets - Mutiple Choice Questions - 5
Supply
  • change in ,
    Demand & Supply - Market Adjustment - 7-8
  • definition of,
    Demand & Supply - Supply Introduction - 1
  • desired quantity supplied,
    Demand & Supply - Supply Introduction - 1
  • expectations,
    Demand & Supply - Law of Supply - 4
  • supply equation,
    Demand & Supply - Schedule & Equations - 5
    Demand & Supply - Mutiple Choice Questions - 5
Supply curve
  • industry supply curve,
    Demand & Supply - Entry - 1
    Perfect Competition - Firm Supply - 2
  • backward bending labor supply curve,
    See Supply of labor curve - backward bending
  • labor supply curve,
    See Supply of labor curve
  • long run supply curve,
    Perfect Competition - Long Run Supply - 1-10
    • movement along the supply curve ,
      Demand & Supply - Other Output Prices - 1
      Perfect Competition - Long Run Supply - 1
      Factor Markets - Factor Supply - 14
    • negatively related; downward sloping,
      Perfect Competition - Mutiple Choice Questions - 19
    • shift in supply,
      Perfect Competition - Mutiple Choice Questions - 24
  • short run supply curve,
    Perfect Competition - Short Run - 2
    • movement along the supply curve,
      Demand & Supply - Other Output Prices - 1
    • positively related,
      Demand & Supply - Supply Introduction - 2
    • shift in supply,
      Demand & Supply - Other Output Prices - 1
    • upward sloping,
      Demand & Supply - Supply Introduction - 3-5
Supply elasticity,
Elasticity - Supply - 2
Supply of labor,
Factor Markets - Factor Supply - 1-18
Supply of labor curve,
Factor Markets - Factor Supply - 2-18
Factor Markets - Market Power - 6-23
Factor Markets - Mutiple Choice Questions - 5,7,8,11-14
  • backward bending,
    Factor Markets - Factor Supply - 7, 8
    Factors - Wage - Income And Substitution - 5-7
    Factor Markets - Mutiple Choice Questions - 5,11
  • elasticity of,
    Factor Markets - Factor Supply - 17-18
  • movement along the supply curve,
    Factor Markets - Factor Supply - 14
  • shifts in individual labor supply,
    Factor Markets - Factor Supply - 11
  • short run labor supply,
    Factor Markets - Factor Supply - 13
  • upward sloping,
    Factor Markets - Factor Supply - 6
Supply schedule,
Demand & Supply - Schedule & Equations - 2
Support price,
See Price support
Surplus,
Demand & Supply - Equilibrium - 1
Demand & Supply - Mutiple Choice Questions - 6
See also Consumers' surplus
See also Producers' surplus
S
Salary (ies),
Perfect Competition - Short Run Equilibrium - 5
Monopolistic Competition - Entry Barriers - 4
Factor Markets - Economic Rents - 2
Factor Markets - Factor Prices - 19
Current Events - TV Reruns
See also Factors of production - wage
Sales
  • and price,
    Demand & Supply - Introduction - 1
    Elasticity - Mutiple Choice Questions - 2
    • and exception to the law of demand,
      Demand & Supply - Exceptions - 2
  • and revenue,
    Elasticity - Own Price - Revenue - 1
Sales tax,
See Taxes - sales
Savings,
Factor Markets - Present Value - 2
Satisfaction,
See Utility
Scale economies
See Economies of scale
Schedule
Demand & Supply - Schedule & Equations - 1
Sector
  • manufacturing,
    Oligopoly - Introduction - 1
  • service,
    Monopolistic Competition - Introduction - 1
    Factor Markets - Firm Hiring - 25
Service sector
See Sector - service
Sequential games,
See Game Theory - Sequential Games
Shortage,
Demand & Supply - Equilibrium - 1
Demand & Supply - Mutiple Choice Questions - 7
Current Events - Drug Bust
Short run,
Production Costs- Short & Long Run - 1
Perfect Competition - Short Run - 1
Perfect Competition - Mutiple Choice Questions - 1,3,7,16,26
Short-run costs,
Production Costs - Fixed and Variable Costs - 1
Short-run equilibrium,
Perfect Competition - Equilibrium - 14
Perfect Competition - Demand Change - 4
Perfect Competition - Mutiple Choice Questions - 2
Short-run shut down,
Perfect Competition - Short Run Shut Down - 1
Shut down price,
Perfect Competition - Equilibrium - 2
Slope in graph construction,
Introduction - Production Possibilities - 6
Consumer Choice - Budget Constraints - 2-5
Consumer Choice - Utility Maximization - 2
Consumer Choice - Curves - 6
Consumer Choice - Utility - 5
  • and elasticity
    Elasticity - Demand - Own Price - 12
Social cost (s),
Externalities - Introduction - 2
Externalities - Industry Structure - 2
Externalities - Pollution Taxes - 1-4
Industry Policy - Efficiency- 14
See also Cost-benefit analysis
See also Social marginal cost
Social marginal cost of production (SMC),
Externalities - Industry Structure - 2-6
Social regulation,
See Regulation
Spending power,
Consumer Choice - Income and Substitution Effect - 5
Stock (s),
Demand And Supply - Expectations - 2
Stock prices,
Current Events - Oil Price Increases
Subsidy, Pigouvian
Externalities - Pollution Taxes - 3-5
Substitute goods (substitutes),
Demand & Supply - Law of Demand - 2
Demand & Supply - Substitutes & Complements - 1
Elasticity - Demand - Cross Price - 1
Elasticity - Mutiple Choice Questions - 10,11
Factor Markets - Mutiple Choice Questions - 6,7
Substitution effect (of a price change),
Consumer Choice - Income And Substitution Effect - 2
Factor Markets - Factor Supply - 7
Factor Markets - Mutiple Choice Questions - 5
Supply
  • change in ,
    Demand & Supply - Market Adjustment - 7-8
  • definition of,
    Demand & Supply - Supply Introduction - 1
  • desired quantity supplied,
    Demand & Supply - Supply Introduction - 1
  • expectations,
    Demand & Supply - Law of Supply - 4
  • supply equation,
    Demand & Supply - Schedule & Equations - 5
    Demand & Supply - Mutiple Choice Questions - 5
Supply curve
  • industry supply curve,
    Demand & Supply - Entry - 1
    Perfect Competition - Firm Supply - 2
  • backward bending labor supply curve,
    See Supply of labor curve - backward bending
  • labor supply curve,
    See Supply of labor curve
  • long run supply curve,
    Perfect Competition - Long Run Supply - 1-10
    • movement along the supply curve ,
      Demand & Supply - Other Output Prices - 1
      Perfect Competition - Long Run Supply - 1
      Factor Markets - Factor Supply - 14
    • negatively related; downward sloping,
      Perfect Competition - Mutiple Choice Questions - 19
    • shift in supply,
      Perfect Competition - Mutiple Choice Questions - 24
  • short run supply curve,
    Perfect Competition - Short Run - 2
    • movement along the supply curve,
      Demand & Supply - Other Output Prices - 1
    • positively related,
      Demand & Supply - Supply Introduction - 2
    • shift in supply,
      Demand & Supply - Other Output Prices - 1
    • upward sloping,
      Demand & Supply - Supply Introduction - 3-5
Supply elasticity,
Elasticity - Supply - 2
Supply of labor,
Factor Markets - Factor Supply - 1-18
Supply of labor curve,
Factor Markets - Factor Supply - 2-18
Factor Markets - Market Power - 6-23
Factor Markets - Mutiple Choice Questions - 5,7,8,11-14
  • backward bending,
    Factor Markets - Factor Supply - 7, 8
    Factors - Wage - Income And Substitution - 5-7
    Factor Markets - Mutiple Choice Questions - 5,11
  • elasticity of,
    Factor Markets - Factor Supply - 17-18
  • movement along the supply curve,
    Factor Markets - Factor Supply - 14
  • shifts in individual labor supply,
    Factor Markets - Factor Supply - 11
  • short run labor supply,
    Factor Markets - Factor Supply - 13
  • upward sloping,
    Factor Markets - Factor Supply - 6
Supply schedule,
Demand & Supply - Schedule & Equations - 2
Support price,
See Price support
Surplus,
Demand & Supply - Equilibrium - 1
Demand & Supply - Mutiple Choice Questions - 6
See also Consumers' surplus
See also Producers' surplus
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