ECO2003F Study guides, Class notes & Summaries

This document contains the full lecture notes for the ECO2003F course at the University of Cape Town (UCT) as of 2023. The notes cover all the modules covered in the course.

ALL THE NOTES YOU WILL NEED TO PASS THE EXAM. Second-year first-semester microeconomics notes, all chapters start to finish. Notes made from the lecture slides, textbook and lecturer talking points thus making them in-depth and comprehensive.

Lecture notes from 2022's ECO2003F course at UCT.

Detailed and understandable summary on Property and Power. Packed with graphs and colourful hints. Contains: - *Review on first year economics (production functions, MRS, MRT, indifference curves) - Pareto efficiency - Types of fairness - *Detailed breakdown of model of choice and conflict, with every scenario included - Lagrangian method of optimisation.

SUMMARY OF Unit 5, unit 19, chapter 9, unit 12, unit 21 and detailed summary of all types of bargaining examples. Second-year first-semester microeconomics notes.

Detailed and understandable summary on Monopolies and Oligopolies. Packed with graphs and colourful hints. Contains: - Theory of monopolies - Formula of demand curve, marginal revenue and elasticity - The 5 types of price discrimination - All example types on maximising profit - Theory on oligopolies - Nfirm Ratio test - Herfindal Hirshman Index - Game theory incorporation - **Detailed worked examples Cournot, Stackelberg and Bertrand oligopoly models

Detailed and understandable summary on Inequality. Packed with graphs and colourful hints. Contains: - How to calculate and the differences between wealth, earnings, market income and disposable income - World inequality theory - Intergenerational inequality - The inequality curve model, with all possible points explained and types of inequality aversion.

Detailed and understandable summary on the Economics of the Environment. Covers the entire chapter and makes it easily understandable. Packed with graphs and colourful hints.