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5  ~ 2014 sep 16qd qsHow to find equilibrium price and quantity mathematically2) Set Qs ( quantity supplied ) equal to Qd ( quantity demanded ). 3) Solve for P, this is your equilibrium Price. 4) Plug your equilibrium price into ...
18  +3 2014 sep 14free pears budgetBudget constraints, utility functions and maximized utilityMatt has the utility function U = √XY (where Y represents pears and X represents .... If our budget constraint is 40, and the price of pears is 1, and the price of hamburgers is 3, .... Use the above link for an extra 250MB Free !
18  +49 2014 aug 19supply and demand examplesShifts in supply and demand , an example using the coffee marketThis post goes over a common supply and demand shifters in a coffee market context, and how each of the following events will affect market ...
22  +9 2014 sep 20understanding positive and normative statementsWhat is the difference between normative and positive statements ?If it can, it is a positive statement , and if not, a normative statement . Finally ... However, if you understand the intuition behind the economics .
23  +13 2014 aug 13marketing method triangleHow to calculate deadweight loss; easy 4 step methodThese conditions include different market structures, externalities, and ... 4) The equation for the area of a triangle is ½(base*height). We know ...
25  +41 2014 sep 02credit crisis visualizedCredit Crisis Visualized a summary - FreeEconHelp.comMost of it is due to the credit crisis , which thankfully has been more or less figured out by economists (not solved, but understood). The following ...
27  +74 2014 jul 17calculate marginal costCalculating marginal and total opportunity costs . - FreeEconHelp.comNow create two more columns at the end, that calculate the MC ( marginal cost / opportunity cost) of Pizza and computers. You calculate this by ...
27  +48 2014 jul 16economics for beginnersThe 7 best sites for learning economics for free - FreeEconHelp.comSince creating this website I have scoured the web to see which sites do a good job at teaching economics , and trying to find ways to do it ...
34  +4 2014 sep 26is lm curve problemsMathematically solving for equilibrium Y and I after a shift in the IS P enters in the LM equation, and changes in P will shift the LM curve ... There are two ways to do this, one is to do the whole problem over ...
36  +65 2014 jul 20dead weight lossWhat is deadweight loss ? Examples using monopolies, pollution Deadweight loss is something that occurs in the economy when total society welfare is not maximized. Under certain conditions, the welfare of ...
38  +14 2014 jul 19different types of unemploymentDifferent types of unemployment , and how they are measuredThe unemployment rate has become a highly talked about issue in the news recently, but it is important to understand some of the attributes of ...
39  +29 2014 jul 25economics problem solverSolving a budget constraint problem in economicsFirst we have to figure out his income, to do this we multiply the quantity of each good consumed by the price, and hopefully the total amount ...
41  +8 2014 aug 27oligopoly coffee marketWhat are oligopolies and oligopolistic markets ? An introduction with The important thing to remember about an oligopolistic market is that each .... Shifts in supply and demand, an example using the coffee market .
42  +46 2014 aug 13outsourced and uemployedFrictional unemployment : Those who are unemployed because of ... examples in the US include the outsourcing of manufacturing jobs to ...
45  +37 2014 sep 01how to calculate losDeadweight loss occurs when an economy's welfare is not at the maximum possible. Many times, professors will ask you to calculate the ...
60  +41 2014 sep 05gdp buy sellWhat is GDP ? How to measure GDP ? Definitions and examples, part 1GDP is measured using market values, and not quantities. Production is
63  +38 2014 aug 12expected future priceDeterminants of supply, what shifts a supply curve?These are: input prices, productivity, the price of a substitute in production, the number of firms in a market, the expected future price of the ...
63  ~ 2014 aug 03learn maximum loss methodaHow to calculate deadweight loss ; easy 4 step methodFreeEconHelp.com, Learning Economics. ... Deadweight loss occurs when an economy's welfare is not at the maximum possible. Many times, professors will ask you to calculate the deadweight loss that occurs in an economy ...
64  ~ 2014 aug 03cost of producing electricityProduction efficiency and opportunity cost of the American Clean An “opportunity cost” is the value of the next best alternative. So the opportunity cost of producing electricity is what you had to “give up” in order ...
66  +35 2014 sep 01plot drawings costPPFs: drawing , calculating opportunity costs , and allowing for When drawing the PPF, we simply take the different combinations of goods and services and plot them on a graph, which will look similar to that ...
67  +8 2014 sep 18what happens when prices dropWhat happens to equilibrium price and quantity when supply and With less people interested in buying the good (a decrease in demand) we see equilibrium quantity drop . In order to sell these goods, the price  ...
68  +33 2014 jul 30demand from advertisingHow advertising affects supply and/or demand - FreeEconHelp.comAdvertising spending is one of those ambiguous areas of supply and demand theory where we don't really know exactly what will happen but ...
71  ~ 2014 jul 19grouon customer graphThe economics of advertising using Groupon or other coupon selling Companies like groupon give consumers who buy their product a big discount, but don't really ... There hope is that you will love their service and become a repeat customer . ... What is a giffen good, an example with graphs .
72  ~ 2014 sep 28rare earths surplusCalculating equilibrium values for perfect competition, monopolies Suppose that the market for “ rare earths ” given by the following Demand (inverse ... surplus is maximized) and the Monopolistic Equilibrium.
78  ~ 2014 aug 15weight loss graphsCalculating the deadweight loss from a subsidy - FreeEconHelp.comWhat is dead weight loss created by a subsidy of \$3.87 per unit paid to ... Before I go through the associated math, let's first look at a graph  ...
79  -10 2014 oct 02consumer aggregates siteHow to aggregate demand functions - FreeEconHelp.comAt the end we will simulate multiple identical consumers and how this will change the associated demand ... Q1 = 4,000 – 400P and we have our aggregate demand for consumer type 1. ... Search this site (or type a question).
79  ~ 2014 aug 19triangle method of estimating4) The equation for the area of a triangle is ½(base*height). We know what the base and the height are in this scenario so we can calculate the ...
81  +20 2014 sep 13revenue curve reviewReview of intro to microeconomics notes - FreeEconHelp.com( Review the ATC, AVC, AFC and MC curves). Show shutdown ... Can an upward sloping marginal revenue curve exist? Perfect competition and ...
81  +11 2014 aug 01invest in a causeWhat causes shifts in the IS or LM curves? - FreeEconHelp.comIf consumers/firms feel more confident about the future, they may invest more regardless of the interest rate. This will cause an increase in ...
82  -33 2014 aug 31profit max methodShort run profit max for a perfectly competitive firmShort run profit max for a perfectly competitive firm .... How to calculate deadweight loss; easy 4 step method . Deadweight loss occurs when an ...
92  ~ 2014 aug 11production possiblity curveHow to draw a PPF ( production possibility frontier )Sometimes drawing the production possibility frontier can seem difficult. However , if you understand the intuition behind the economics of the ...
92  ~ 2014 aug 07loss of equilibriumMany times, professors will ask you to calculate the deadweight loss that ... Looking at the example above, we see that equilibrium in this ...
93  ~ 2014 sep 17definition inferiorWhat is a giffen good, an example with graphs - FreeEconHelp.comIn economics, a giffen good is an inferior good with the unique ... effect dominates the substitution effect, meaning that quantity demanded ...
93  +8 2014 aug 23easy chart producerWhat is consumer surplus, and how to calculate it.An easy way to visualize is shown to the right. ... Calculating consumer and producer surplus for a competitive, social, and monopoly scenario ... The first chart of the individual consumers is extremely helpful in understanding ...
94  ~ 2014 jul 19video marketing formel faqcebookRecommended Books · Videos · Glossary · Microeconomics
96  +5 2014 sep 18economics aggregate demand supply newsFiscal policy and aggregate demand , an example using the The Dynamic Aggregate Demand and Supply Model predicts that ... Despite what the Dynamic Model shows, some economists were skeptical ...
98  ~ 2014 aug 30my share market“Gambling” in the stock market , my personal experience.I bought shares of Sprint right before the market collapsed earlier this year ( august 5th) and lost about 33% of my investment in a week. I was a ...
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