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ECON101-What is Economics? Understanding our changing world
CONTENT Introduction What is Economics? Two big Economic questions Economic way of thinking Economic terms you should familiarize yourself with Common fallacies in Economics Graphing Data
- Book
- Summary
- • 31 pages •
CONTENT Introduction What is Economics? Two big Economic questions Economic way of thinking Economic terms you should familiarize yourself with Common fallacies in Economics Graphing Data
ECON101- Economic Problem
CONTENT Define the Production Possibilities Frontier and use it to calculate opportunity cost. - Using resources efficiently - Economic Growth - Gains from Trade - Economic Coordination Exercise answers
- Book
- Summary
- • 36 pages •
CONTENT Define the Production Possibilities Frontier and use it to calculate opportunity cost. - Using resources efficiently - Economic Growth - Gains from Trade - Economic Coordination Exercise answers
ECON101- Demand and Supply
CONTENT Market and Prices Demand Supply Market Equilibrium
- Book
- Summary
- • 44 pages •
CONTENT Market and Prices Demand Supply Market Equilibrium
ECON101- Elasticity
CONTENT Price Elasticity of Demand More Elasticities of Demand Price elasticity of Supply
- Book
- Summary
- • 49 pages •
CONTENT Price Elasticity of Demand More Elasticities of Demand Price elasticity of Supply
ECON 101 - Efficiency and Equity
CONTENT ●Efficiency and Equity 1) Resource allocation methods 2) Benefit, cost and surplus 3) Is the competitive market efficient ? 4) is the competitive market fair?
- Book
- Summary
- • 35 pages •
CONTENT ●Efficiency and Equity 1) Resource allocation methods 2) Benefit, cost and surplus 3) Is the competitive market efficient ? 4) is the competitive market fair?
Economics 101 - Markets
Content... 6. Markets - A housing market with a rent ceiling -A labour market with a minimum wage -Taxes -Subsidies and quotas -Market for illegal goods
- Book
- Summary
- • 52 pages •
Content... 6. Markets - A housing market with a rent ceiling -A labour market with a minimum wage -Taxes -Subsidies and quotas -Market for illegal goods