C.JONES ECONOMICS
  • RESOURCES
    • SUMMER READING
    • IB GUIDE
    • TEXT
    • BOOKS
    • Current Events
    • IA
    • PAPER 1
    • PAPER 2
    • PAPER 3
    • HL ONLY
    • QUIZLET
    • REVIEW (MAY)
  • YEAR 1 SL & HL
    • 01 INTRODUCTION
    • 02 MICRO >
      • 2.1 DEMAND
      • 2.2 SUPPLY
      • 2.3 C.M.E.
      • 2.4 ELASTICITY DEMAND
      • 2.5 ELASTICITY SUPPLY
      • 2.7 GOVERNMENT INTERVENTION
  • YEAR 2 SL & HL
    • MICRO >
      • 0.0 FOUNDATIONS
      • 1.1 COMPETITIVE MARKETS
      • 1.2 ELASTICITY
      • 1.3 GOVERNMENT INTERVENTION
      • 1.4 MARKET FAILURE
      • 1.5.1 THEORY OF THE FIRM
      • 1.5.2 MARKET STRUCTURES
    • MACRO >
      • 2.1 ECONOMIC ACTIVITY
      • 2.2 AD and AS
      • 2.3 MACRO OBJECTIVES
      • 2.4 FISCAL POLICY
      • 2.5 MONETARY POLICY
      • 2.6 SUPPLY-SIDE POLICIES
    • INTERNATIONAL >
      • 3.1 TRADE
      • 3.2 EXCHANGE RATES
      • 3.3 BALANCE OF PAYMENTS
      • 3.4 ECONOMIC INTEGRATION
      • 3.5 TERMS OF TRADE
1.5 THEORY OF THE FIRM
Production/Cost, Revenues & Profit
1. 5 PART I: TERMS & OBJECTIVES
1.5 FIRM PART I: READING
1.5_firm_p1_terms_and_objectives.pdf
File Size: 60 kb
File Type: pdf
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firm_part_1__reading_.pdf
File Size: 2741 kb
File Type: pdf
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1. The Law of Diminishing Marginal Returns
​2. Total, Marginal and Average Product

3. Productivity and Costs in the Short-run

4. Firm's Short-run Costs of Production
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  • RESOURCES
    • SUMMER READING
    • IB GUIDE
    • TEXT
    • BOOKS
    • Current Events
    • IA
    • PAPER 1
    • PAPER 2
    • PAPER 3
    • HL ONLY
    • QUIZLET
    • REVIEW (MAY)
  • YEAR 1 SL & HL
    • 01 INTRODUCTION
    • 02 MICRO >
      • 2.1 DEMAND
      • 2.2 SUPPLY
      • 2.3 C.M.E.
      • 2.4 ELASTICITY DEMAND
      • 2.5 ELASTICITY SUPPLY
      • 2.7 GOVERNMENT INTERVENTION
  • YEAR 2 SL & HL
    • MICRO >
      • 0.0 FOUNDATIONS
      • 1.1 COMPETITIVE MARKETS
      • 1.2 ELASTICITY
      • 1.3 GOVERNMENT INTERVENTION
      • 1.4 MARKET FAILURE
      • 1.5.1 THEORY OF THE FIRM
      • 1.5.2 MARKET STRUCTURES
    • MACRO >
      • 2.1 ECONOMIC ACTIVITY
      • 2.2 AD and AS
      • 2.3 MACRO OBJECTIVES
      • 2.4 FISCAL POLICY
      • 2.5 MONETARY POLICY
      • 2.6 SUPPLY-SIDE POLICIES
    • INTERNATIONAL >
      • 3.1 TRADE
      • 3.2 EXCHANGE RATES
      • 3.3 BALANCE OF PAYMENTS
      • 3.4 ECONOMIC INTEGRATION
      • 3.5 TERMS OF TRADE