Uncategorized
One more Micro thing…
Done with Micro for a while
GDP Flash Game
|
25 Questions with answers and explanations to test your knowledge of the output expenditure model for calculating GDP.
|
Gross Domestic Product
Here is a review on Gross Domestic Product, different methods for calculating GDP and the problems with using GDP as the sole determinant of a country’s standard of living.
|
|
Best Combinations Review
|
My last review game of the year is done and it is a short one. 10 question review of best combinations covering utility maximizing combinations of product for consumers along with profit maximizing and cost minimizing combinations of resources for businesses. You can find this review at the
|
Resource Combinations
|
Here is a short review of least cost combinations of resources and profit maximizing combinations of resources. Hopefully I will be able to make one more review game before the end of the year about this and utility maximization. Wish me luck!
|
Utility Maximization
Factor Market Calculations
The External Reality
|
Here is a comprehensive review of positive and negative externalities. It includes the difference between marginal social cost and marginal private cost as well as the difference between marginal social benefit and marginal private benefit. Again there is no review activity for this one, but I’ll start making more of those after I make a few more Microeconomics content review articles.
|