IB Economics - Micro Graphs

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56 Terms

1
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Allocative Efficiency

2
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Allocative Efficiency with No Externalities

3
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Change in Demand

4
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Change in Quantity Demanded

5
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Change in Quantity Supplied

6
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Change in Supply

7
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Total Surplus with Indirect Tax

8
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Total Surplus with Subsidy

9
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Decrease in Demand

10
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Decrease in Supply

11
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Direct Government Provision in Positive Consumption Externality

12
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Direct Government Provision in Positive Production Externality

13
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Government Regulation for Negative Consumption Externality

14
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Government Regulation for Negative Production Externality

15
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Increase in Demand

16
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Increase in Supply

17
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Indirect Tax on Negative Consumption Externality

18
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Indirect Tax on Output for Negative Production Externality

19
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Indirect Tax with Elastic Demand

20
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Indirect Tax with Elastic Supply

21
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Indirect Tax with Inelastic Demand

22
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Indirect Tax with Inelastic Supply

23
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Legislation/Advertising for Positive Consumption Externality

24
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Market with Ad Valorem Tax

25
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Market with Specific Tax

26
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Market with Subsidy

27
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Negative Consumption Externality

28
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Negative Production Externality

29
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Perfectly Elastic Demand

30
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Perfectly Elastic Supply

31
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Perfectly Inelastic Demand

32
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Perfectly Inelastic Supply

33
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Positive Consumption Externality

34
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Positive Production Externality

35
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Price Elastic Demand

36
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Price Elastic Supply

37
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Price Inelastic Demand

38
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Price Inelastic Supply

39
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Shortage (Excess Demand)

40
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Subsidy in Positive Consumption Externality

41
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Subsidy in Positive Production Externality

42
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Supply with Ad Valorem Tax

43
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Supply with Specific Tax

44
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Surplus (Excess Supply)

45
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Tax with Elastic Demand

46
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Tax with Inelastic Demand

47
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Tradable Permits for Negative Production Externality

48
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Unit Elastic Demand

49
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Unit Elastic Supply

50
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Welfare Loss from Price Ceiling

51
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Engel Curve - Inferior Goods

52
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Engel Curve - Necessities

53
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Engel Curve - Luxuries

54
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Welfare loss from Price Floor

55
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Complete Engel Curve

56
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PED Along Straight Line Demand Curve