Mr. Floerchinger's Economics Class
People make choices based on incentives...
CONTACT ME!
Microeconomics Review Sheet
- Normative Statements
- Economics
- Macroeconomics
- Scarcity
- Opportunity Cost
- Utility
- Good
- Resource
- Labor
- Entrepreneurship
- Economic System
- Socialism
- Economic Plan
- Economic Trilogy
- Economic Equity
- Economic Growth
- Economic Stability
- Tragedy of the Commons
- Provide Legal System
- Provide Public Goods
- Externalities
- Redistribute Income
- Demand
- Quantity Demanded
- Demand Schedule
- Inferior Good
- Substitute Good
- Elastic Demand
- Unit-Elastic Demand
- Rightward Shift
- Change in Consumer Income
- Change in Price of Substitute
- Change in Consumer Price Expectations
- Supply
- Quantity Supplied
- Supply Curve
- Advancement in Technology
- Quota
- Elastic Supply
- Unit-Elastic Supply
- Leftward Shift
- Taxes/Subsidies
- Price of other Goods
- Number of Sellers
- Production Possibilities Frontier
- Natural Resources
- Property Rights Structure
- Positive Statements
- Microeconomics
- Global Economy
- Choice
- Wants
- Diminishing Marginal Utility
- Service
- Land
- Capital
- Four Factors of Production
- Free Enterprise
- Mixed Economy
- Income Distribution
- Economic Efficiency
- Economic Freedom
- Economic Security
- Property Rights
- Factors of Production
- Correct Market Failures
- Maintain Competition
- Law of Demand
- Neutral Good
- Normal Good
- Elasticity of Demand
- Leftward Shift
- Change in Consumer Taste
- Change in Price of Complimentary
- Law of Supply
- Supply Schedule
- Technology
- Per Unit Cost
- Elasticity of Supply
- Inelastic Supply
- Rightward Shift
- Resource Prices
- Quota
- Price Expectations
- Production Possibilities Table
- Capital Formation
Worksheets/Slideshows
Economic Mysteries: Why Don't Students Study Hard in School? PowerPoint:
https://docs.google.com/presentation/d/1n6aB0Aq3C5Xk5bOhXc_EzUGiHJPOZEerLDPiH7r87ko/edit?usp=sharing
Reasons for Changes in Demand Worksheet:
https://docs.google.com/document/d/1H-smZv6DchOYAxRKuXkLTzLhSg9yAQfyTLrYNj3e6kA/edit?usp=sharing
Reasons for Changes in Supply Worksheet:
https://docs.google.com/document/d/10cCf6hH4mtdiiXoW8Un7K2WIRpoOoHlFnOAejyB1058/edit?usp=sharing
Reasons for Shifts in Supply Curves:
pt.1: https://docs.google.com/document/d/1Sl-IpCzjweJ9LhX7_dmb1UtwrkeKNSKBoHfcfaQdhvE/edit?usp=sharing
pt.2: https://docs.google.com/document/d/1P5LIiktzANXesPxHhvU1CtkN59hIdH0Lmy9a71_UylY/edit?usp=sharing
Determinants of Demand Worksheet:
https://docs.google.com/document/d/1jNtKXSpImGre8xJMbX-_QAhySF01He9c8yYpoTjs52g/edit?usp=sharing
Determinants of Supply Worksheet:
https://docs.google.com/document/d/1XH1zoup4xs1A6mneA2xPTffJleoflEfqJgq3wxKgT_8/edit?usp=sharing
Notes on Demand:
https://docs.google.com/document/d/1qyhqlwJoybRwGQYRAHtkEB6ejhPlO5XfRomjj19DuyU/edit?usp=sharing
Notes on Supply:
https://docs.google.com/document/d/1g1amWv2HN2K7ttQ2ZRG3ZRXm5siTsL18-ve2DE78Zxw/edit?usp=sharing
Effects of Changes in Both Supply and Demand Worksheet:
https://docs.google.com/document/d/1ZyBZdUUoeBh0iGHXfRwd-ZQ22aBYb86eO3_MIbqHmH0/edit?usp=sharing
Market of Wheat Score Sheet:
Reasons for Shifts in Demand Curves:
Econ Fishes and Loaves Worksheet: