The Economy

Provides a detailed run through for all of the key concepts in most first year economics courses. Particularly useful for people taking introduction courses at the top UK universities, many of whom use the same textbook that these notes synthesise.

• Summary
•  • 76 pages • 
• By  cescaUCL

This Chapter covers the links between wage-setting and price-setting in determining the wage of employees. By looking at the graphs in depth we can find an equilibrium in the wages set.

• Summary
•  • 4 pages • 
• By  shivaysachdeva

This chapter looks at the equilibrium in price achieved in competitive markets.

• Summary
•  • 5 pages • 
• By  shivaysachdeva

This chapter covers the price firms are willing to set in order to maximise profits, as well as maximise the surplus they can achieve from the sales. It covers the effects of elasticities, and things which influence market power.

• Summary
•  • 6 pages • 
• By  shivaysachdeva

This Chapter looks at the labour discipline model in analysing how much effort workers are willing to provide to the company, while seeing why theses values may differ.

• Summary
•  • 5 pages • 
• By  shivaysachdeva

Economics: the capitalist revolution, these notes are applicable to both Matrics and first year university students, and are a helpful accessible summary of the section.

• Summary
•  • 4 pages • 
• By  LNaidoo

Provides a detailed run through for all of the key concepts in most first year economics courses. Particularly useful for people taking introduction courses at the top UK universities, many of whom use the same textbook that these notes synthesise.

• Summary
•  • 76 pages • 
• By  cescaUCL

This Chapter covers the links between wage-setting and price-setting in determining the wage of employees. By looking at the graphs in depth we can find an equilibrium in the wages set.

• Summary
•  • 4 pages • 
• By  shivaysachdeva

This chapter looks at the equilibrium in price achieved in competitive markets.

• Summary
•  • 5 pages • 
• By  shivaysachdeva

This chapter covers the price firms are willing to set in order to maximise profits, as well as maximise the surplus they can achieve from the sales. It covers the effects of elasticities, and things which influence market power.

• Summary
•  • 6 pages • 
• By  shivaysachdeva

This Chapter looks at the labour discipline model in analysing how much effort workers are willing to provide to the company, while seeing why theses values may differ.

• Summary
•  • 5 pages • 
• By  shivaysachdeva

Economics: the capitalist revolution, these notes are applicable to both Matrics and first year university students, and are a helpful accessible summary of the section.

• Summary
•  • 4 pages • 
• By  LNaidoo