Microeconomics Content
Up one levelMicro Mini-Term Fall 2007
AND Spring 2008
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More elasticities-Cross Price and Income
- Cross price and income elasticities- basic explanation
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Equilibrium
- How to calculate equilibrium when demand and/or supply change by a given percentage
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Price Elasticity of Demand and Supply
- A brief explanation of price elasticity of demand and supply
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Microeconomcs-Profit Maximization vs. Revenue Maximization
- A contrast between profit and revenue maximization
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Simultaneous Shifts in Supply and Demand
- Graphical description of shifts in supply and demand
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Syllabus Spring 2008
- Syllabus Econ 2302 Stafford Campus 5:30-7 pm M,W Room W116 CRN: 26036 Professor Charles Newton