Understanding Microeconomics notes

ECS1501-25-Y_ Assessment 3 Question 1 (12 marks) Maximum word count: 100 words This question is based on the following cartoon: (i) What word/words will an economist use to describe the market condition depicted in the cartoon (ii) Draw a diagram of the market for oil that illustrates the mar...

A colorful and detailed summary of the first two chapters to lay a basis for understanding the rest of the contents of the course. This summary is fun and the graphs are included to make it much easier to understand.

ECS1501-25-Y_ Assessment 3 Question 1 (12 marks) Maximum word count: 100 words This question is based on the following cartoon: (i) What word/words will an economist use to describe the market condition depicted in the cartoon (ii) Draw a diagram of the market for oil that illustrates the mar...

A colorful and detailed summary of the first two chapters to lay a basis for understanding the rest of the contents of the course. This summary is fun and the graphs are included to make it much easier to understand.