Here is a set of links to my YouTube videos that go with my self-published textbook. I hope you will find these resources useful in learning microeconomics.

**Microeconomics Basics**

Moving versus shifting demand curves

Graphing a Linear Demand Curve

Algebra of Supply and Demand

Why Taxes and Producers and Taxes on Consumers Have the Same Effect

Normative vs. Positive (The Wide Scope of Economics)

Basics of Elasticities

Inelastic Means Paying More Taxes

Marginal Benefit Equals Marginal Cost

Consumer Surplus and Producer Surplus

Deadweight Loss and The Efficiency Criterion

International Trade and Efficiency

Price Ceilings and Price Floors

Externalities and Welfare

Negative Externalities: When Bystanders Say Ouch

Externalities and The Coase Theorem

**Foundations of Consumer Behavior**

Introduction to Preferences

Drawing Indifference Curves with Bads

Marginal Rate of Substitution and Marginal Utility

*Marginal Rate of Substitution and Marginal Utility (with Calculus)

*Computing Marginal Rate of Substitution (an example)

*Marginal Rate of Substitution and Monotonic Transformations of Utility

Budget Constraints and Utility Maximization

The Labor-Leisure Problem

Indifference Curves and Portfolio Choice

An Example of Indifference Curve Analysis

Where do demand curves come from?

*Deriving Demand using Calculus

*Cobb-Douglas Utility and Demand

*Quasilinear Utility and Demand

Income and Substitution Effects

The Giffen Good (When Demand Slopes Upward)

*The Slutsky Equation and Demand Curves

Why Diminishing Marginal Utility Does NOT Mean Downward Sloping Demand

*Budget Constraint Elasticities (Calculus-Based)

Compensating Variation and Equivalent Variation

*More on CV and EV

**Production and Costs**

Marginal Benefit Equals Marginal Cost

Mapping Consumer Theory to Producer Theory

Short Run Production, Marginal and Average Product

Short Run Cost Curves from Short Run Production

Price-taking firms, supply and marginal cost

Industry supply, and the role of entry and exit

Adding Demand and Supply Curves Horizontally

Relating short run and long run cost curves

*Cost Minimization, Production and Lagrangians

**Monopoly and Imperfect Competition**

Monopoly Basics

*Marginal Revenue for a Monopolist Facing Linear Demand

The Deadweight Loss of Monopoly

*Monopoly on the Elastic Portion of Demand

Intuition for Monopoly and Elasticity

Introduction to Price Discrimination (First Degree Price Discrimination)

Second Degree Price Discrimination

Third Degree Price Discrimination

Cournot, Bertrand and Stackelberg Competition

*Cournot Competition

*Bertrand Competition

**Questions and Answers**

Intuition for the Law of Demand

Sunk Costs

Why Set Price Equal to Marginal Cost? (if you're a price taker)

Why Firms Should Produce if Price Exceeds AVC

Finding the Minimum of AC and AVC: An Example

Cost Concepts

Working with Demand Examples

An Income Elasticity Example

**Other Economics Videos**

*The Envelope Theorem (Part I): Proof and start of applications

*The Envelope Theorem (Part II): Applications

Externalities and Welfare

Negative Externalities: When Bystanders Say Ouch.

Externalities and The Coase Theorem

The Coase Theorem in the Edgeworth Box

Introduction to Game Theory

Extensive Form Games and Backward Induction

Budget Constraints in an Endowment Economy

Introduction to Edgeworth Box Economies

Pareto Efficiency and the Edgeworth Box

The Coase Theorem in the Edgeworth Box

**Probability and Statistics**

Regression 1: Slope and Intercept

Regression 2: Correlation and Regression

Regression 3: Sums of Squares and R-squared

ANOVA

Probability Concepts and Axioms

Random Variables and Random Vectors

Distributions and Densities

Expectation and Variance of a Random Variable

Joint, Marginal and Conditional Distributions

Some Useful Properties of Covariance

Iterated Expectations

Sampling Distribution of the Sample Mean

Why is Correlation Less than One?

The Weak Law of Large Numbers

Applying the Continuous Mapping Theorem

Simple Linear Regression. Population First Approach.

**Blog Articles Related to Microeconomics**

Netflix Economics II: The difference between free and fee. Imperfect Competition.

Children: Normal or Inferior? Consumer Theory.

Negative Exernalities in Picture Form. Market Failure.

A First Lesson on Producer Theory. Producer Theory.

Commitment. Game Theory.

Subgame Perfect? Not bad. Game Theory.

An example of price discrimination (Costco). Pricing.

Why online education won't replace classroom education. General.

Preferences and Economics Nobel Rankings. Consumer Theory.

Price Discrimination and Car Rentals. Pricing.

When does it pay to burn money? Game Theory.

Pondering complements. Consumer Theory.

Price Discrimination Everywhere: Baseball Edition. Pricing.

What does economics say about setting a price? Pricing.

Why rising house prices and rising home prices are different. Endowment Economies

What is math? General.

Diamonds and Water. Welfare Analysis.

On Labor (on Labor Day). Consumer Theory.