Intro to Microeconomics: Economics Videos

This series is an introduction to microeconomics, the study of how people and businesses make choices. You will learn the laws of supply and demand and how they set prices. You will also learn about elasticity, which describes how much people change what they buy when prices go up or down. Real examples include gas prices, oil, and a tax on hamburgers. These ideas help you understand prices in everyday life. Basic arithmetic and percents are all you need.

Note: All Khan Academy content is available for free at www.khanacademy.org