About
LearnDesk
Learn  
Topics
Teach
  Teach Online
  Schedule
  Items
  Billing
  Users
  Marketing
  Analytics
  Settings
  Change School
Account
 

Microeconomics: An Introductory Economics Course

Unit 1: Introduction to Economics
Welcome: An Introduction to Economics
Lesson 1: The Study of Economics
Lesson 2: Scarcity, Choice, Opportunity Cost, and Utility
Lesson 3: The Basic Economic Problem
Lesson 4: The Factors of Production
Lesson 5: Production Possibility Curve
Lesson 6: The Nine Central Themes of IB Economics
Lesson 7: Microeconomics and Macroeconomics
Lesson 8: Positive and Normative Economics
Lesson 9: Rational Economic Thinking
Study Break
Lesson 10: Model Building
Lesson 11: The Circular Flow of Income Model
Lesson 12: Free Market vs Planned Economies
Lesson 13: Economic Growth vs Economic Development
Lesson 14: Closing Remarks to Introduction to Economics
Unit 2: The Evolution of Economic Thinking
Lesson 1: Introduction to the Evolution of Economic Thinking
Lesson 2: Classical Economics - The 18th Century
Lesson 3: Classical Economics - The 19th Century
Lesson 4: Neoclassical Economics - 19th Century
Lesson 5: Karl Marx's Critique of Classical Economics
Lesson 6: Keynesian Economics - The 20th Century
Lesson 7: Monetarism (New Classical) Economics - 20th Century
Lesson 8: Behavioral Economics - 21st Century
Lesson 9: The Circular Economy and The Doughnut Economy - 21st Century
Lesson 10: Closing Remarks on the Evolution of Economic Thought
Unit 3: Demand, Supply, and Market Equilibrium
Lesson 1: Introduction to Demand, Supply, and Market Equilibrium
Lesson 2: The Law of Demand
Lesson 3: The Determinants of Demand
Lesson 4: The Law of Supply
Lesson 5: The Determinants of Supply
Lesson 6: The Rule of 11 - The Basic Demand and Supply Diagram
Study Break
Lesson 7: Market Equilibrium
Lesson 8: The Effects of Shifts of Demand and Supply
Lesson 9: The Role of Price Mechanism
Lesson 10: Market and Allocative Efficiency
Lesson 11: Closing Remarks on Demand, Supply, and Market Equilibrium
Unit 4: Behavioral Economics
Lesson 1: Introduction Behavioral Economics - A Critique of Rational Economic Thought
Lesson 2: Assumptions of Neoclassical View of Economics
Lesson 3: Introduction to Behavioral Economics
Lesson 4: Behavioral Economics - Critique of Consumers' Rational Thinking
Lesson 5: Behavioral Economics - The Dual System Model
Lesson 6: Behavioral Economics - Cognitive Biases
Lesson 7: Behavioral Economics - Choice Architecture
Lesson 8: Behavioral Economics - Nudge Theory
Lesson 9: Closing Remarks on Behavioral Economics
Unit 5: Elasticities
Lesson 1: Elasticities: Introduction and Overview
Lesson 2: Price Elasticity of Demand (PED)
Lesson 3: Price Elasticity of Demand - Applications
Lesson 4: Price Elasticity of Demand - The Diagram
Lesson 5: Price Elasticity of Demand - Determinants
Lesson 6: Cross Elasticity of Demand (XED)
Lesson 7: Income Elasticity of Demand (YED)
Lesson 8: Importance of Income Elasticity of Demand
Study Break
Lesson 9: Price Elasticity of Supply (PES)
Lesson 10: Price Elasticity of Supply - Applications
Lesson 11: Price Elasticity of Supply - Determinants
Lesson 12: Closing Remarks on Elasticity
Unit 6: Government Intervention
Lesson 1: Introduction to Government Intervention
Lesson 2: Indirect Taxes
Lesson 3: Indirect Tax Diagram
Lesson 4: Per-Unit Subsidies
Lesson 5: Per-Unit Subsidy Diagram
Study Break
Lesson 6: Price Controls - Introduction
Lesson 7: Price Ceiling Diagram
Lesson 8: Price Floor Diagram
Lesson 9: Closing Remarks on Government Intervention
Unit 7: Market Failure
Lesson 1: Introduction to Market Failure
Lesson 2: Market and Allocative Efficiency
Lesson 3: Market Failure Base Diagram
Lesson 4: Negative Externality of Consumption - The Diagram
Lesson 5: Negative Externality of Consumption - The Solutions
Lesson 6: Negative Externality of Production - The Diagram
Lesson 7: Negative Externalities of Production - The Solutions
Lesson 8: Positive Externality of Consumption - The Diagram
Lesson 9: Positive Externality of Consumption - The Solutions
Lesson 10: Positive Externality of Production - The Diagram
Lesson 11: Positive Externality of Production - The Solutions
Lesson 12: Common Access Resources
Lesson 13: Closing Remarks on Market Failure
Congratulations. Closing Thoughts on Microeconomics
Congratulations. Closing Thoughts on Microeconomics

Lesson 9: The Role of Price Mechanism

Microeconomics: An Introductory Economics Course Unit 3: Demand, Supply, and Market Equilibrium
By: Teacher
4 minutes
Share the link to this page
Copied
  Twitter
  Email
Add the class to your calendar
Print
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$139
List Price:  $169
You save:  $30
€122.38
List Price:  €148.79
You save:  €26.41
£106.25
List Price:  £129.18
You save:  £22.93
CA$192.70
List Price:  CA$234.29
You save:  CA$41.59
A$221.16
List Price:  A$268.89
You save:  A$47.73
S$183.42
List Price:  S$223.01
You save:  S$39.58
HK$1,078.06
List Price:  HK$1,310.73
You save:  HK$232.67
CHF 113.35
List Price:  CHF 137.81
You save:  CHF 24.46
NOK kr1,481.22
List Price:  NOK kr1,800.91
You save:  NOK kr319.68
DKK kr914.25
List Price:  DKK kr1,111.58
You save:  DKK kr197.32
NZ$238.54
List Price:  NZ$290.02
You save:  NZ$51.48
د.إ510.54
List Price:  د.إ620.73
You save:  د.إ110.19
৳16,854.23
List Price:  ৳20,491.83
You save:  ৳3,637.60
₹11,950.26
List Price:  ₹14,529.46
You save:  ₹2,579.19
RM614.72
List Price:  RM747.40
You save:  RM132.67
₦221,032.01
List Price:  ₦268,736.76
You save:  ₦47,704.75
₨38,891.07
List Price:  ₨47,284.83
You save:  ₨8,393.75
฿4,652.74
List Price:  ฿5,656.93
You save:  ฿1,004.18
₺5,271.99
List Price:  ₺6,409.83
You save:  ₺1,137.83
B$815.49
List Price:  B$991.50
You save:  B$176
R2,658.83
List Price:  R3,232.68
You save:  R573.85
Лв239.97
List Price:  Лв291.76
You save:  Лв51.79
₩197,544.71
List Price:  ₩240,180.26
You save:  ₩42,635.55
₪516.03
List Price:  ₪627.41
You save:  ₪111.37
₱7,948.43
List Price:  ₱9,663.92
You save:  ₱1,715.49
¥19,947.19
List Price:  ¥24,252.33
You save:  ¥4,305.14
MX$2,822.64
List Price:  MX$3,431.85
You save:  MX$609.20
QR505.77
List Price:  QR614.93
You save:  QR109.15
P1,934.65
List Price:  P2,352.20
You save:  P417.55
KSh17,962.75
List Price:  KSh21,839.61
You save:  KSh3,876.85
E£7,128.82
List Price:  E£8,667.41
You save:  E£1,538.59
ብር18,024.23
List Price:  ብር21,914.36
You save:  ብር3,890.12
Kz127,324
List Price:  Kz154,804
You save:  Kz27,480
CLP$136,946.90
List Price:  CLP$166,503.78
You save:  CLP$29,556.88
CN¥1,013.61
List Price:  CN¥1,232.38
You save:  CN¥218.76
RD$8,567.21
List Price:  RD$10,416.25
You save:  RD$1,849.03
DA18,298.79
List Price:  DA22,248.17
You save:  DA3,949.38
FJ$316.85
List Price:  FJ$385.23
You save:  FJ$68.38
Q1,069.86
List Price:  Q1,300.76
You save:  Q230.90
GY$29,019.87
List Price:  GY$35,283.15
You save:  GY$6,263.28
ISK kr17,851.41
List Price:  ISK kr21,704.24
You save:  ISK kr3,852.82
DH1,290.44
List Price:  DH1,568.95
You save:  DH278.51
L2,456.05
List Price:  L2,986.14
You save:  L530.08
ден7,529.03
List Price:  ден9,154.01
You save:  ден1,624.97
MOP$1,108.10
List Price:  MOP$1,347.26
You save:  MOP$239.16
N$2,675.93
List Price:  N$3,253.47
You save:  N$577.54
C$5,104.59
List Price:  C$6,206.31
You save:  C$1,101.71
रु19,107.37
List Price:  रु23,231.26
You save:  रु4,123.89
S/517.73
List Price:  S/629.48
You save:  S/111.74
K573.22
List Price:  K696.94
You save:  K123.71
SAR521.67
List Price:  SAR634.26
You save:  SAR112.59
ZK3,915.07
List Price:  ZK4,760.05
You save:  ZK844.98
L609.66
List Price:  L741.25
You save:  L131.58
Kč3,074.33
List Price:  Kč3,737.85
You save:  Kč663.52
Ft50,141.86
List Price:  Ft60,963.84
You save:  Ft10,821.98
SEK kr1,357.10
List Price:  SEK kr1,650.01
You save:  SEK kr292.90
ARS$149,298.69
List Price:  ARS$181,521.43
You save:  ARS$32,222.74
Bs958.51
List Price:  Bs1,165.39
You save:  Bs206.87
COP$600,830.42
List Price:  COP$730,506.05
You save:  COP$129,675.63
₡71,173.26
List Price:  ₡86,534.40
You save:  ₡15,361.13
L3,593.77
List Price:  L4,369.40
You save:  L775.63
₲1,109,767.75
List Price:  ₲1,349,285.97
You save:  ₲239,518.21
$U6,017.35
List Price:  $U7,316.06
You save:  $U1,298.71
zł524.88
List Price:  zł638.16
You save:  zł113.28
Already have an account? Log In
Previous
Next
Home
Search
Saved
Trending Classes
Filter
The latest and the best classes on LearnDesk
Filter by Interest
Close
All Topics
Academics
Business
Creative
Health and Fitness
LifeStyle
Personal Development
Software
Admissions
Engineering
Hardware
Hospitality
Humanities
Chinese
Languages
Maths
Other
Pharma
Research
Science
Social Science
Teaching
Test Preparation
K-12
School
Accounting
Advertising
Analysis
Analytics
Business Communication
eCommerce
Entrepreneurship
Finance
Finance - India
Freelancing
Internet of Things
Digital Transformation
Human Resources
Industry
Management
Marketing
Media
Operations
Other
Project Management
Public Relations
Real Estate
Sales
Strategy
Arts & Crafts
Audio Editing
Audio Production
Dance
Design
Film Production
Music
Photography
Video Production
Writing
Dieting
Fitness
Food Safety
Games
Medical
Medical Professionals
Meditation
Mental Health
Pregnancy
Safety & First Aid
Self Defense
Sports
Beauty & Makeup
Food
Fashion
Gaming
Home Improvement
Parenting
Pet Care & Training
Relationships
Sustainable Living
Travel
Career Development
Learning
Religion and Spirituality
Self-Improvement
Accounting
Amazon Web Services
App Development
Continuous Integration
Backup Software
Business Automation
Computational Fluid Dynamics
Business Intelligence
Computer Aided Design (CAD)
Content Management System
Customer Relationship Management
Database
Data Mining
E-Commerce
Enterprise Asset Management
Enterprise Resource Planning
Game Development
Google Cloud
Linux
Artificial Intelligence
Machine Learning
Master Data Management
Microsoft
Music Software
Network and Security
Open Source
Operating System
Other
Process Management
Productivity Software
Programming Languages
Robotics
Supply Chain Management
Testing
Teaching
Web Development

Sign Up

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.