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Introduction to Economics (ECON224)

Lancaster University (LU)

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Lecture Notes - Microeconomics

  • Lecture Notes - Microeconomics

  • Lecture notes • 70 pages • 2022
  • Notes of all lectures of Microeconomics. Table of contents: - Choice and resource allocation under scarcity - Determinants of demand and demand elasticity - Supply and the theory of the firm - Equilibrium, consumer & producer surplus, taxes and subsidies - Firm costs, revenue and profit - Firms in competitive markets - Monopoly - Oligopoly and imperfect competitive markets - Market failure, externalities and public goods - The market for labour
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