I don't want to reset my password
A few portions of this were repeated in Week Four and will be included in that set.
Copied from the notes is a study guide usinggraphs and many things I wrote down.
The Economic Theory of the Firm
Answers to study guide will be posted on Thursday 11/5! :)
**Please note that there is still a week of class until the Test on 11/6... so notes for 11/2 and 11/4 will be posted at the conclusion of 11/4 (Wednesday)... Additional study guide questions will be added on 11/4 along with a full answer key to all study guide questions!
These are reading and lecture notes from Professor Boudreaux's ECON 103 class.
Feel free to ask any questions!
Classical School of Economics, Classical Price Theory, Labor Theory of Value, Water Diamond Paradox, Menger Ch. 1, Marginalism,
Theoclassical Marginalism, The Structure of Production, Scarcity,
Boudreaux's first lecture notes.
Also included are hand drawn graphs this time.
Last of Two before the Test
The Laws of Supply and Demand, Equillibrium, Market Clearing Price, Changes in Demand, Ceteris Paribus, Inferior Goods, Normal Goods, Complement Goods, Substitute Goods, Changes in Supply
Menger Ch. 2, Relationships between supply and demand, Menger Ch. 3, The Theory of Value, Marginalism, Values/Needs, Transitivity, Elasticity, Subjectivism, Value Ranked Ordinally, Value Attached Unequally, Menger Ch. 4, Reverse Valuation, Exchange and Values, Net Benefits
Opportunity Costs and Comparative Advantage, The Law of Comparative Advantage
(10/16 will be uploaded on 11/3)
Notes for Boudreaux's first lecture
Exchange Rates, International Trade, and Foreign Investment
10/21 Notes will be added on Tuesday 11/3!
Boudreaux's fifth week.
Notes 08.31 to 09.04: Microeconomic Theory, Spontaneous Order, Theory is Abstract, Assumptions of Microeconomics, and Price Theory (History).
Clarification of top writing on notes "09.02 (c) & 09.04 (a)":
"rationality- not intelligence in economics"
From his second week.