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Introduction to Macroeconomics - Chapter 1 Notes

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These notes cover key concepts from the first chapter of my economics course, focusing on macroeconomics. Topics include scarcity, opportunity cost, economic systems, supply and demand, GDP, inflation, unemployment, and government policies.

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Institution
James Madison University
Course
Macroeconomic S (ECON200)









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Institution
James Madison University
Course
Macroeconomic S (ECON200)
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Document information

Uploaded on
January 28, 2025
Number of pages
7
Written in
2024/2025
Type
Class notes
Professor(s)
Bryan harrison
Contains
All classes

Subjects

  • economics
  • macroeconomics
  • scarcity
  • opportunity cost
  • ppf
  • market
  • market economy
  • mixed economy
  • gpd
  • inflation
  • unemployment
  • production possibilities frontier

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