Class notes
The Nature and Method of Economics (ECON101)
Rating
Sold
-
Pages
7
Uploaded on
28-09-2021
Written in
2021/2022
Notes outlining the fundamental key concepts of the micro course including introducing the concept of scarcity, resources, and basic definitions. Outlines the difference between Macro and Micro economics. Explains factors of production and highlights the ultimate objective of economics. More topics include: - Positive vs Normative Statements - Marginal Analysis - Marginal Benefit and Marginal Cost Graph and what it means - The Economizing Problem - The Production Possibilities Curve - Explicit vs Implicit Costs ***Images depicting graphs are provided to help better understand what is explained in writing ***
Show more
Read less
Institution
University Of Delaware
Course
Microeconomics (ECON101)
Whoops! We can’t load your doc right now. Try again or contact support.
Written for
- Institution
-
University Of Delaware
- Course
-
Microeconomics (ECON101)
Document information
- Uploaded on
- September 28, 2021
- Number of pages
- 7
- Written in
- 2021/2022
- Type
- Class notes
- Professor(s)
- Charles link
- Contains
- 9/2/21
Subjects
- microeconomics
- micro101
- ppc
- marginal analysis
- marginal benefit
- marginal cost
- micro vs macro
-
scarcity
-
nature and method of economics
-
production possibilities curve
$8.49
Get access to the full document:
Wrong document? Swap it for free
Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF
Get to know the seller
UrNoteTaker
