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From 123-CBT Computer Based Training
Economics Basic Concepts in Microeconomics

... Plot the effects of changes in price on a demand curve. Plot the effects of a change in price on a supply curve. Outline the main forms of Elasticity. Show consumption possibilities on a household budget line. State the relationship between the household budget line
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Economics Basic Concepts in Microeconomics
Economics Products and Markets

... Identify the relationship between the demand curve and the marginal revenue curve in a perfectly competitive market. Recognize how price is determined in a perfectly competitive industry. Recognize how a monopoly can arise. State the relationship between a monopoly a a s output and price.
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From Serebra Learning Corporation
Introduction to Economics Basic Concepts in Microeconomics
Basic Concepts in Microeconomics builds on the general principles introduced in The Principles of Economics by introducing the learner to microeconomic concepts and issues. Such things as market behavior and decision-making, consumer choice and preference and the factors that motivate firms are covered across a range of informative lessons situated in real-life scenarios. This course is aimed at
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