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Micro Economics Timothy Rudd (Mr. Rudd).

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Presentation on theme: "Micro Economics Timothy Rudd (Mr. Rudd)."— Presentation transcript:

1 Micro Economics Timothy Rudd (Mr. Rudd)

2 Overview 2-7-2019 Econ Concepts and Vocab (40 min)
Mods 50 and 51 – diminishing marginal utility Diminishing Marginal Utility page 513 Contrasted with returns to scale Econ in the real world (40 min) EV demand vs supply Or Automation won’t bring apocalypse

3 Econ Concepts Deadweight loss (10 min)
HW – go through vocab 49 to 50 (10 min) Optional Textbook – A matter of life and death pg 488 (5 min) Textbook – Tackle the test mod 49 pg 493 (7 min) Textbook – Excise tax pg 499 (10 min)


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