Sunday, 31 March 2013
theory of the firm posts 2013
theory of the firm posts 2013
market structures
costs
objectives
technology
competitive markets
concentrated markets (monopoly)
price discrimination
oligopoly
government intervention
nationalisation
contestable markets
micro presentation - demand and supply - theory of the firm
presentation slide notes:
- 2-23 demand and supply
- 24-28 consumer + producer surplus
- 29-34 ceilings and floors = buffer stock
- 35-49 elasticity
- 50-58 Tax
- 59-61 Elasticity + Total revenue
- 61 - Theory of the Firm (unit 3)
key skill 1 - definitions
Basic knowledge is often tested through used of key terms which lift a general consideration of a topic into the relms of economics:
- often form the basis of multiple choice questions or are rewarded in the explaination section of an objective test question (Edxecel)
- defintions may be tested on their own for low mark questions
- claification of key terms in a question act as a doorway into extended answers
welcome
Hi there
this blog will be used to share materials and links over the course of the week
hopefully there will be some twitter links through @econmpw2013 if my phone starts working again
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