Summary: ECON 0110 Midterm 1 (Chapters 1-9) Study guide
Chapters 1-9 focuses on the following topics.
Chapter 1: Ten Principles of Economics
Chapter 2: Thinking Like an Economist
Chapter 3: Interdependence and the Gains from Trade
Chapter 4: The Market Forces of Supply and Demand
Chapter 5: Elasticity and It's Application
Chapter 6: Supply, Demand, and Government Policies
Chapter 7: Consumers, Producers, and the Efficiency of Markets
Chapter 8: Application: The Costs of Taxation
This study guide gives important topics from each lesson but is not a thorough explanation of the topics
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