Macroeconomics (ECON201)
Northampton Community College
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Class notes
Class notes Macroeconomics (ECON201)
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---4July 20222021/2022
- This study guide includes explaining when we would identify supply by moving along the curve, using "Y" and X" and then explain when we would shift from S1 to S2 to identify supply. It also includes explanation of the law of demand, the law of supply, and market equilibrium. It also helps by listing each of the three main categories of forms of business ownership, the number of owners, how they are taxed, and explains the liability for each of the three categories of business ownership.
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