X-Axis – On a Cartesian coordinate system, the X axis is the
horizontal line where a variable can be plotted.
X-intercept – The point at which a curve intersects the
X-axis.
Common Topics
- algebra (33)
- econ help (28)
- economics (50)
- glossary (25)
- macroeconomics (57)
- microeconomics (118)
- monopoly (16)
- opportunity cost (17)
- supply and demand (34)
- tax (14)
Recommended for you
-
Summary: To get equilibrium price and quantity, 1) Solve for the demand and supply function in terms of Q (quantity). 2) Set Qs (quantity...
-
Previous posts have gone over the description and construction of the production possibilities frontier, but have always assumed that the P... -
Point elasticity is the price elasticity of demand at a specific point on the demand curve instead of over a range of it. It uses the same...
-
Deadweight loss occurs when an economy’s welfare is not at the maximum possible. Many times, professors will ask you to calculate the dea... -
This post goes over the economics of the IS/LM model and the possible causes for shifts in the two lines. It is important to remember th... -
In this post we are going to go over the economics of supply for translations services. One of the intuitively confusing aspects of a... -
Sometimes drawing the production possibility frontier can seem difficult. However, if you understand the intuition behind the economics ... -
The economic relationship the short run average total cost (SRATC) and the long run average total cost (LRATC) is pretty straight forward if... -
Calculating elasticities is actually very easy. You just need to know several of the values, then plug them into their proper place. ...
-
This post gives some cheat sheet tables that show what will happen to equilibrium price and equilibrium quantity given changes in either d...
Ask a question (search this site)
Featured Post
How to get an A in economics class
In order to get an A in economics, it is important to do 2 things: Think like an economist . Understand what your teacher wants you to...
Popular Posts
-
Summary: To get equilibrium price and quantity, 1) Solve for the demand and supply function in terms of Q (quantity). 2) Set Qs (quantity...
-
Point elasticity is the price elasticity of demand at a specific point on the demand curve instead of over a range of it. It uses the same...
-
Previous posts have gone over the description and construction of the production possibilities frontier, but have always assumed that the P...
-
Deadweight loss occurs when an economy’s welfare is not at the maximum possible. Many times, professors will ask you to calculate the dea...
-
This post goes over the economics of the IS/LM model and the possible causes for shifts in the two lines. It is important to remember th...
-
Sometimes drawing the production possibility frontier can seem difficult. However, if you understand the intuition behind the economics ...
-
Since creating this website I have scoured the web to see which sites do a good job at teaching economics, and trying to find ways to do it ...
-
In economics, a giffen good is an inferior good with the unique characteristic that an increase in price actually increases the quantity o... -
Remember the definition of a public good, something that is non-rival, and non-excludable. Non-rival means that if one person consumes a go...
-
This post asks the question of what happens in the market for a good or service when the tastes or preferences for the good or service cha...
Tutorials
- aggregate supply and demand (11)
- comparative advantage (7)
- costs (5)
- deadweight loss (4)
- elasticity (16)
- equilibrium (24)
- externalities (9)
- fiscal policy (4)
- game theory (3)
- growth (7)
- income elasticity of demand (3)
- inflation (5)
- IS/LM (6)
- keynesian (4)
- law of demand (13)
- law of supply (4)
- marginal benefits (8)
- marginal costs (11)
- marginal utility (6)
- market structures (10)
- monetary policy (4)
- money supply (1)
- monopoly (16)
- news (8)
- opportunity cost (17)
- perfect competition (12)
- PPF (12)
- price ceilings floor (2)
- price elasticity of demand (12)
- production (10)
- public good (2)
- real gdp (9)
- revenue (8)
- scarcity (3)
- solow (2)
- supply and demand (34)
- surplus (13)
- tax (14)
- trade (6)
- utility (8)
Stats
Ask a question
No comments:
Post a Comment