Y1 - Microeconomics, Institutions and Welfare

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1. Chapter 7: The firm and its customers
2. 7.1: Breakfast cereal: Choosing a price
3. 7.2: Economies of scale and the cost advantage of large-scale production
4. 7.3: The cost function for Beautiful Cars
5. 7.4: Demand and isoprofit curves
6. 7.5: Setting price and quantity to maximize profit
7. 7.6: Looking at profit maximization as marginal revenue and marginal cost
8. 7.7: Gains from trade
9. 7.8: The Elasticity of Demand
10. 7.9: Using demand elasticities in government policy
11. 7.10: Price Setting, competition, and market power
12. Chapter 8: Supply and Demand: Price Taking and competitive markets
13. 8.1: Buying and selling: Demand and supply
14. 8.2: The market and the equilibrium price
15. 8.3: Price-taking firms
16. 8.4: Market Supply and Equilibrium
17. 8.5: Competitive equilibrium: Gains from trade, allocation and distribution
18. 8.6: Changes in supply and demand
19. 8.7: The effects of taxes