Microeconomics (ECON101)

University Of Delaware

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Notas de lectura

The Nature and Method of Economics (ECON101)
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septiembre 2021

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 - Exp...
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