Egg Timer Economics 2 Micro Economics

Micro economics (Oxford Diploma) — Accredited; basic upwards (includes Business Microeconomics)

Last updated 2022-01-10 | 4.6

- Explain how to interpret elasticity
- Using demand and supply
- illustrate price determination
- Examine the impact of tax/subsidies

What you'll learn

Explain how to interpret elasticity

Using demand and supply

illustrate price determination

Examine the impact of tax/subsidies

Apply ceteris paribus

Evaluate the sugar tax and other Case Studies

Decluttering and impact on economy

Business application of microeconomics

Recycling

Lean management

Textbooks are included!

Stroke risk - and what can be done

Learn microeconomics through football

* Requirements

* It would be helpful if you had a pen and paper to practice the diagrams
* You should be able to use a PC at beginner level
* There is a lot of repetition in this basic course as these are key principles of Economics

Description

Explain how to interpret elasticity
Using demand and supply, illustrate price determination
Examine the impact of tax/subsidies
Apply ceteris paribus
Evaluate the sugar tax and other Case Studies
Decluttering and impact on economy
Business application of microeconomics
Recycling
Lean management
Textbooks are included!
Stroke risk - and what can be done
Learn microeconomics through football

Course content

29 sections • 364 lectures

Friendly advice 1 lectures

Friendly advice Preview 06:56

Please watch this first! 2 lectures

Introduction Preview 05:46

Please please watch this first! Preview 09:52

Preview & Introduction 6 lectures

Maximising your enjoyment from this course Preview 04:29

Maximising your enjoyment from this course (Part 2) Preview 04:18

Maximising your enjoyment from this course (Part 3) Preview 03:08

Maximising your enjoyment from this course (Part 4) Preview 04:28

Maximising your enjoyment from this course (Part 5) Preview 07:23

Preview repeat Preview 07:27

Oxford School of Learning Diploma 1 lectures

Compulsory: The Oxford Diploma Preview 06:54

OPTIONAL: New to English? Start here! 8 lectures

Introduction Preview 02:10

Day One: Ask for Help Preview 12:09

Day Two: Watch and Listen Preview 07:49

Day Three: Write Down Words and Phrases Preview 09:57

Day Four: Practice as much as you can (Part 2) Preview 16:01

Day Five: Make time to study Preview 06:25

Day Six: Five Websites Preview 04:28

Day Seven: In conclusion Preview 18:58

Compulsory : Key Microeconomic vocabulary - 100 words + ! 11 lectures

Introduction Preview 06:33

Lecture 1 Preview 07:03

Lecture 2 Preview 05:00

Lecture 3 Preview 09:47

Lecture 4 Preview 11:34

Lecture 5 Preview 09:42

Lecture 6 Preview 07:06

Lecture 7 Preview 10:51

Lecture 8 Preview 07:31

Lecture 9 Preview 07:16

Lecture 10 Preview 09:24

Test 27 lectures

Introduction Preview 08:57

Day 1 Preview 01:12

Day 2 Preview 01:15

Day 3 Preview 01:50

Day 4 Preview 02:27

Day 5 Preview 01:54

Day 6 Preview 03:26

Day 7 Preview 02:02

Day 8 Preview 01:57

Day 9 Preview 01:46

Day 10 Preview 01:41

Day 11 Preview 01:54

Day 12 Preview 02:34

Day 13 Preview 02:10

Day 14 Preview 01:36

Day 15 Preview 02:20

Day 16 Preview 02:34

Day 17 Preview 01:53

Day 18 Preview 02:29

Day 19 Preview 01:51

Day 20 Preview 02:01

Day 21 Preview 01:22

Day 22 Preview 01:21

Day 23 Preview 01:50

Day 24 Preview 01:26

Day 25 Preview 01:19

Day 26 Preview 02:01

Compulsory : Introduction 44 lectures

Original preview Preview 02:32

About the lecturer Preview 00:30

The demand curve Preview 03:53

Elasticity of demand Preview 03:02

Ceteris Paribus Preview 05:46

Consumer surplus Preview 02:41

Income elasticity of demand Preview 06:11

Revision Preview 06:46

Cross elasticity of demand Preview 05:45

Elasticity of supply Preview 09:41

Elasticity interpreted Preview 03:46

Surpluses & Min/Max price Preview 04:48

Maximum rent Preview 05:48

Minimum wage Preview 04:48

Exchange rates & SPICED Preview 05:07

Demand for imports/exports Preview 02:17

Demand curve shifts Preview 06:14

Indirect taxation Preview 05:24

VAT Preview 03:14

Elasticity and tax Preview 03:06

Subsidies Preview 03:33

Externalities Preview 05:28

More externalities Preview 06:17

Positive externality in Production Preview 07:26

Social optimum Preview 03:24

Negative externalities Preview 02:25

Conclusion & 1 bonus diagram! Preview 08:48

Tariffs Preview 10:25

The subject matter is tariffs. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Free trade Preview 19:47

The subject matter is free trade. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Competition and elasticity - competitiveness Preview 21:12

The subject matter is competition and elasticity. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress! Why not have a go and post your answers?

Elasticity of supply Preview 08:27

The subject matter is elasticity of supply. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Competitiveness - elasticity of demand Preview 21:05

The subject matter is competitiveness and elasticity of demand. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Import controls Preview 07:25

The subject matter is import controls. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Housing market Preview 13:46

The subject matter is the Housing Market. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Competition - technology Preview 20:49

The subject matter is competition - technology. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Uncertainty Preview 15:36

The subject matter is uncertainty. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Terminology Preview 10:59

The subject matter is terminology. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Competitiveness - elasticity of demand Preview 17:38

The subject matter is competitiveness (elasticity of demand). Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Supply Preview 13:01

The subject matter is elasticity of supply. Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!

Competition - Elasticity of demand Preview 07:59

The subject matter is competition (elasticity of demand). Based round a newspaper article (very current) I ask a lot of questions...this will REALLY test your progress!