Introduction to Economics (ECON224)
Lancaster University (LU)
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Lecture Notes - Microeconomics
- Lecture notes • 70 pages • 2022
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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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