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21:40 13/06/2023 LECTURE 1: OVERVIEW OF ECONOMICS

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21:44 LECTURE 6: FIRMS IN COMPETITIVE

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LECTURE 1: OVERVIEW OF ECONOMICS LECTURE 2: SUPPLY AND DEMAND


LECTURE 3: ELASTICITY AND ITS APPLICATION

LECTURE 4: CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS LECTURE 5: THE COSTS OF PRODUCTION

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21:45 LECTURE 7:

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LECTURE 2: SUPPLY AND DEMAND

LECTURE 3: ELASTICITY AND ITS APPLICATION

LECTURE 4: CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS LECTURE 5: THE COSTS OF PRODUCTION
LECTURE 6: FIRMS IN COMPETITIVE MARKETS

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21:45 LECTURE 8: MONOPOLISTIC

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Losses incurred by existing firms when new firms enter market

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LECTURE 4: CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS LECTURE 5: THE COSTS OF PRODUCTION

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LECTURE 4: CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS LECTURE 5: THE COSTS OF PRODUCTION
LECTURE 6: FIRMS IN COMPETITIVE MARKETS LECTURE 7: MONOPOLY
LECTURE 8: MONOPOLISTIC COMPETITION

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21:46 LECTURE 10: APPLICATION: INTERNATIONAL

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LECTURE 8: MONOPOLISTIC COMPETITION LECTURE 9: OLIGOPOLY

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21:46 LECTURE 11: THE THEORY OF CONSUMER

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LECTURE 6: FIRMS IN COMPETITIVE MARKETS LECTURE 7: MONOPOLY


LECTURE 8: MONOPOLISTIC COMPETITION LECTURE 9: OLIGOPOLY
LECTURE 10: APPLICATION: INTERNATIONAL TRADE

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10:28 Microeconomics Formulas |

MICROECONOMICS
ABBREVIATIONS & FORMULAS

Abbreviation Meaning Formula

AFC Average Fixed Cost AFC = TFC / Y


AVC Average Variable Cost AVC = TVC / Y
ATC Average Total Cost ATC = TC / Y or AFC + AVC
APP or AP Average (Physical) Product APP = TPP/x or Y/X
A Average eve!ue A = Py or T/Y
AP Average eve!ue Product AP = APP (Py)
"C "argi!al Cost "C = ∆TC / ∆Y or ∆TVC/∆Y

"FC "argi!al Factor Cost "FC = Px


"PP or "P "argi!al (Physical) Product "PP = ∆Y / ∆X

" "argi!al eve!ue " = Py or ∆T / ∆Y

"P "argi!al eve!ue Product "P = "PP (Py)


Π Pro#it Π = T $ TC

Py Price o# %ut&ut
Px Price o# '!&ut
TFC Total Fixed Cost TFC = su o# all #ixed costs
TVC Total Variable Cost TVC = X(Px)
TC Total Cost TC = TFC + TVC
TPP or TP Total (Physical) Product TPP = Y
T Total eve!ue T = Y(Py)
TP Total eve!ue Product TP = TPP (Py)
X '!&ut
Y %ut&ut
∆ Cha!ge i!

"argi!al additio!al* extra* cha!ge


Factor i!&ut* resource
Product out&ut

Satisfaites votre curiosité


Tout ce que vous voulez lire.
À tout moment. Partout. Sur n'importe quel appareil.

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