Modules 1 thru 3 Review
**for students with an exam 9/23 or 9/24, including Professor Lantis
This in-person review will include, but not be limited to, the following topics:
Opportunity cost and Scarcity
The PPC: assumptions and shifts
Comparative vs. Absolute Advantage
Gains from Trade
Supply and Demand Analysis including
*Quantity Demanded vs Demand
*Shifts and Changes to Equilibrium Price and Quantity
Member Price $ 37.37
Non-Member $ 43.97
Module 4 Review
**for students with an exam 9/23 or 9/24, including Professor Lantis
This in-person review will include, but not be limited to, the following topics:
Elasticity of Demand
The Total Revenue Test
Elasticity of Supply
Income Elasticity
*Normal vs Inferior Goods
Cross Price Elasticity
*Complements and Substitutes in Consumption
Member Price $ 37.37
Non-Member $ 43.97