Class notes
Class notes ECON-100
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Basic Economic Concepts: Scarcity and Choice Opportunity Cost Supply and Demand Factors of Production Market Systems: Understanding Different Economic Systems (Capitalism, Socialism, Mixed) Role of Government in Markets Microeconomics: Consumer Behavior and Utility Elasticity of Demand and Supply Market Structures (Perfect Competition, Monopoly, Oligopoly) Production Costs and Profit Maximization Macroeconomics: GDP (Gross Domestic Product) and Economic Growth Inflation and Deflation Unemployment Types and Measurement Fiscal Policy and Monetary Policy
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Written for
- Institution
- Lawrence University
- Course
- ECON-100
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- Uploaded on
- September 1, 2023
- Number of pages
- 2
- Written in
- 2023/2024
- Type
- Class notes
- Professor(s)
- Choi
- Contains
- All classes
Subjects
-
micro
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macro
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intro to econ
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Class notes ECON-100
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