Posts Tagged ‘Demand curve’

• Microeconomics Monday-Price Elasticity of Demand
  Posted by Jeff Carter on November 26th, 2012 at 8:19 am, Comments: 0

  Each Monday, I am doing a series on Microeconomics.  I think it’s a horribly misunderstood topic. People have been taught that economics is simply a [...]

• Microeconomics Monday-What’s More Valuable? Water or Diamonds?
  Posted by Jeff Carter on November 19th, 2012 at 8:14 am, Comments: 0

  Economics is about trade offs.  There are costs, and then there are opportunity coststo every decision you ever make.  Sometimes they are fuzzy, and it’s [...]

• Microeconomics Monday-No Currency In POW Camps
  Posted by Jeff Carter on November 12th, 2012 at 7:46 am, Comments: 0

  First in our series on Microeconomics Monday is to introduce you to the basic theories of microecon.  Markets are ubiquitous in every single part of [...]