/r/microeconomics
A place to really, really discuss truly serious economics from any school of thought.
/r/microeconomics
I am an English Literature Hons grad. Would like to understand the fundamentals of Microeconomics. Please suggest relevant books. Thank you!
I am in ap microeconomics and have the ability to essentially cheat on every test, what is the best paid, or unpaid ai question answerer to best my chances of getting every questions right. please dont comment something like "oh jonny cant you just take it seriously and study?" no i will not be doing that.
I want to create Microeconomics notes in Latex like I do for maths but it's not as good, I use Chatgpt to create these notes. I give chatgpt screenshots or book chapter pdf and I tell it to create notes but I don't know they never come out well, what to do ?
If demand elasticity is -0.25 and a binding minimum wage rises from $12 to $20, use the midpoint formula to calculate what happens to employment in % terms. Show your work. Put this result in a S&D diagram - raise the wage from $12 to $20 and show q1 and q2 (you do not have to use numbers for quantity - just q1 and q2).
Hey all! I made a simplistic YouTube channel where I break down AP Econ topics in short, entertaining videos that are easy to follow along. I took both Macro and Micro in highschool scoring 5s on both the exams and I am currently majoring in economics at UC Berkley.
Here's a link to the channel: https://www.youtube.com/@easyecon2/videos
Reply/Comment with any topics that you want me to cover. Any Macro or Micro topic is fine.
Hi I am having trouble with my economics subject I was wondering if anyone had a spreadsheet which would help me solve the equations/visualise the graphs?
Hi I was wondering if you guys could give me some tips on how to do well in microeconomics
Hi there!
I'm, having a bit of trouble with Envelope Theorem. Intuitively, I get it, and when someone works it out in front of me I get what they are doing. But when it comes to setting up the theorem in a problem myself, I am getting stuck and getting my answers wrong every time. If someone has an easy explanation that I can follow, or has any good ways of remembering how to set it up - I'd be really grateful for your help!
Thanks!!
I made this song based off of Birth Of Rap- by Lil B, these the lryics, whats should I change to make it more economicsy or is it good?
[Intro]
(Girl Voice)
Just for now, just for now, just for now
Just for now, just for now, just for now
It's that time of year
Leave all that irrationality aside
If just for a little while
(Man)
Lil Dre, Econ God
[Verse 1]
I’m living life like Homo E-con-o-mi-cus,
Calculating utils, man, I’m serious.
Walking to Safeway, chicken tenders, they ain't glorious,
Monday’s 8 utils, by Friday, it’s laborious.
Five bucks a day, what a waste, I can see,
Spending all that cash? Nah, ain't for me.
Marginal utility, that’s the game we play,
Each tender’s worth less, what more can I say?
Cancel that subscription, ain't touched in months,
Paramount+, PlayStation, had enough.
Now I’m stacking my paper, watching it rise,
MacBook in hand, utility stays high.
9 utils an hour, oh yeah, I’m proud,
Compared to tenders? Yo, I’m on a cloud.
Every hour I use it, I just get more,
Feels like an investment, straight to the core.
[Chorus]
Homo Economicus, I’m living that way,
Maximize my life, keep the waste at bay.
Cash in my wallet, decisions on the line,
No more spending, I’m saving for just the right time.
Homo Economicus, yeah, that’s the path,
Maximize the utils, do the econ math.
[Verse 2]
Now when I’m cooking, I know what’s best,
My friend’s cleaning? Yeah, that’s less stress.
Comparative advantage, it’s clear to see,
I make the food, he cleans up after me.
It’s all about the trade-offs, use that time,
We specialize, and efficiency climbs.
Thirty bucks a week, nah, I’m cutting that down,
No more hotbars, I ain’t playing around.
Now it’s twenty-five in three weeks, whoa!
Subscriptions cancelled, I’m on a roll.
Utility per dollar? I’m keeping it real,
Save for the MacBook, that’s the better deal.
Each dollar saved now? Yeah, it’s worth more,
Invest in my future, so i wont be poor.
[Chorus]
Homo Economicus, I’m living that way,
Maximize my life, keep the waste at bay.
Cash in my wallet, decisions on the line,
No more spending, I’m saving for just the right time.
Homo Economicus, yeah, that’s the path,
Maximize the utils, do the econ math.
[Outro]
Homo Economicus, it’s how we do,
Every move I make, calculated and true.
Spending? Nah, I’ve got my eye on the prize,
Utils on utils, watch my life rise.
So next time you buy, think twice, you see,
Be a Homo Economicus kinda like me.
We out!