Elizabethtown College Economics
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Lecture 1: Introduction Lecture 2: Graphs Lecture 3: Opportunity cost Lecture 4: Markets and government Lecture 5: Supply and demand Lecture 6: Consumer Choice Lecture 7: Demand Curve Lecture 8: Elasticity Lecture 9: Business Organization Lecture 10: Production Lecture 11: Cost Functions Lecture 12: Average Cost and Returns to Scale Lecture 13: Profit Maximization Lecture 14: Perfect Competition Lecture 15: Supply Curve Lecture 16: Monopoly Lecture 17: More on Monopoly Lecture 18: Monopolistic Competition Lecture 19: Industry Concentration Lecture 20: Oligopoly Lecture 21: Market Failure Lecture 22: Income Inequality
Exercise Set 1: Graphs Exercise Set 2: Opportunity Cost Exercise Set 3: Demand Exercise Set 4: Supply Exercise Set 5: Equilibrium Exercise Set 6: Excess Supply Exercise Set 7: Budget Constraint | Answers (PDF) Exercise Set 8: Indifference Curves | Answers (PDF) Exercise Set 9: Utility maximization | Answers (PDF) Exercise Set 9.5: Consumer Surplus | Answers (PDF) Exercise Set 10: Elasticity | Answers (PDF) Exercise Set 11: Marginal Product | Answers (PDF) Exercise Set 12: Cost Functions | Answers (PDF) Exercise Set 13: Perfect Competition | Answers (PDF) Exercise Set 14: Monopoly | Answers (PDF) Exercise Set 15: Imperfect Competition | Answers (PDF) Exercise Set 16: Market Failure | Answers (PDF) Exercise Set 17: Income Inequality
Pearls of wisdom
In a 1999 speech on business ethics, the CEO of one of the biggest corporations said that it was the responsibility of the board to "ensure legal and ethical conduct by the company and by everybody in the company." The name of the CEO? Kenneth Lay The corporation? Enron