EC1002 Study guides, Class notes & Summaries

EC1002 Unit 1 Revision Quiz (Questions And Answers 2023 Update What is the 90/10 income ratio? a. The wealth of the richest 10% of the population divided by the wealth of the poorest 10% of the population b. The average income of the richest 10% of a country's the population divided by the average income of the poorest 90% of the population c. The share of wealth held by the richest 10% d. The average income of the richest 10% of a country's the population divided by the average i...

EC1002 Unit 1 Revision Quiz (Questions And Answers 2023 Update What is the 90/10 income ratio? a. The wealth of the richest 10% of the population divided by the wealth of the poorest 10% of the population b. The average income of the richest 10% of a country's the population divided by the average income of the poorest 90% of the population c. The share of wealth held by the richest 10% d. The average income of the richest 10% of a country's the population divided by the average i...

Economics is the study of scarcity and its application for the use of resources,production of goods and services and welfare over time and a great variety of other complex issues of vital concern to society,economics study theory and techniques useful for developing policies in the government as they have a deep understanding of how to create efficiently in today's world

Total 473 pages of lecture PPT from London School of Economics. All micro economics chapters. Macro economic chapters are in a separate file. Chapter list: N: Introduction to Macroeconomics, the National Accounts O: Aggregate Demand and Fiscal Policy P: Money and Banking Q: Monetary Policy and the IS−LM Model R: Aggregate Demand and Supply S: Inflation T: Exchange Rates and the Balance of Payments U: The Open Economy V: Unemployment W: Economic Growth

Part 4 of detailed summary of EC1002 - Introduction to Economics, based on the textbook 'Economics' by Begg, Fischer, Vernasca and Dornbusch (11th edition). Beginner level, for introductory economics course. Part 4 includes chapters 15-25 and 28, namely: GDP and aggregate demand - IS-LM model - AS-AD model - Inflation and unemployment - Open economy macroeconomics - Growth theory

Part 1 of detailed summary of EC1002 - Introduction to Economics, based on the textbook 'Economics' by Begg, Fischer, Vernasca and Dornbusch (11th edition). Beginner level, for introductory economics course. Part 1 includes following topics: - Unit 1: Economics and the economy - Unit 2: Tools of economic analysis - Unit 3: Demand, supply and the market

Part 2 of detailed summary of EC1002 - Introduction to Economics, based on the textbook 'Economics' by Begg, Fischer, Vernasca and Dornbusch (11th edition). Beginner level, for introductory economics course. Part 2 includes chapters 4-10, namely: Elasticities - Consumer choice - Supply decisions - Costs - Perfect competition - Pure monopoly - Imperfect competition - Labour market

Part 3 of detailed summary of EC1002 - Introduction to Economics, based on the textbook 'Economics' by Begg, Fischer, Vernasca and Dornbusch (11th edition). Beginner level, for introductory economics course. Part 3 includes chapters 13-14, namely welfare economics and introduction to government spending and taxation.

Notes from math boxes from 'Economics' by Begg, Fischer, Vernasca and Dornbusch (11th edition). Also some remarks from the subject guide for EC1002.