Principles of Microeconomic Theory
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Problems and Assignments: These problems and assignments do not represent all problems and assignments given for this class. Attendance is still highly recommended!
Answers to Problem 1 on Page 186 of Foundations of Microeconomics 3rd ed.
Click here to get the answer to the assigned problem on rent controls.
Production Possibilities and Opportunity Costs
Production possibility problem
Supply and Demand
Elasticity
Solution to the above problem [You need MSWord to read this file.]
Consumer and producer surplus
Production and Costs
Short-run Production and Cost Problem [You need MSword to read this file.]
Solution to the above problem [You need MSword to read this file.]
Pure Competition
Long-run, Decreasing Cost Industry Problem [You need MSword to read this
file]
Monopoly
Marginal Revenue Problem [You need MSword to read this file.]
Solution to Marginal Revenue Problem
Price discrimination Problem [You need MSword to read this file.]
Monopolistic Competition
Oligopoly
Study Guides for the Final Exam
Bade and Parkin Version: This study guide is based on the Foundations of Microeconomics Study Guide, 2nd Edition by Thomas Meyer and Mark Rush
Schaum Outline Version: This study guide is based on the Schaum Outline Guide to Principles of Economics