Microeconomics is all about how individual actors make decisions. Learn how supply and demand determine prices, how companies think about competition, and more! We hit the traditional …

Explore AP Microeconomics concepts including supply and demand, market structures, and government interventions with engaging lessons and resources.

Why are resold concert tickets so expensive? Why is holiday candy so cheap in January? Learn how supply and demand changes can influences how much things cost, and why the prices of …

Learn how different types of economies make decisions about what to produce and how to distribute resources. We'll introduce key concepts like opportunity costs, trade-offs, and …

Economists define a market as any interaction between a buyer and a seller. How do economists study markets, and how is a market influenced by changes to the supply of goods that are …

Learn all about the fields of economics, microeconomics, macroeconomics, finance, and capital markets with hundreds of videos, articles, and practice exercises. Content in this domain …

What are product markets? In this unit, you'll find out by focusing on the supply and demand model. How do changes in supply and demand create changes in market equilibrium? Power …

When the article inspired more people to want to move to our imaginary town, it shifted the demand curve for rental housing to the right, as shown by the data in the table below and the …

Practice what you have learned about the role of scarcity in microeconomics, and other basic economic concepts, in this exercise

Practice what you have learned about the sources of monopolies and how a monopolist makes quantity and pricing decisions in this exercise.