Ch. 1 - Introduction to MicroeconomicsWorksheetSee all chapters
All Chapters
Ch. 1 - Introduction to Microeconomics
Ch. 2 - Introductory Economic Models
Ch. 3 - Supply and Demand
Ch. 4 - Elasticity
Ch. 5 - Consumer and Producer Surplus; Price Ceilings and Floors
Ch. 6 - Introduction to Taxes and Subsidies
Ch. 7 - Externalities
Ch. 8 - The Types of Goods
Ch. 9 - International Trade
Ch. 10 - The Costs of Production
Ch. 11 - Perfect Competition
Ch. 12 - Monopoly
Ch. 13 - Monopolistic Competition
Ch. 14 - Oligopoly
Ch. 15 - Markets for the Factors of Production
Ch. 16 - Income Inequality and Poverty
Ch. 17 - Asymmetric Information, Voting, and Public Choice
Ch. 18 - Consumer Choice and Behavioral Economics
Sections
Introduction to Economics
Three Key Economic Ideas
Productive and Allocative Efficiency; Equality
Factors of Production
Positive and Normative Statements
Circular Flow Diagram
Graphing Review
Percentage and Decimal Review
Fractions Review
Producers use the factors of production to create goods and services.

Concept #1: Land, Labor, and Physical Capital

Concept #2: Human Capital and Entrepreneurship