I don't want to reset my password
Description
Winter 2017
Melissa Knox
ECON 200
ETPEconomics Midterm Examination Winter Term of 2007 c1
These notes cover what was discussed in class during week 2.
These notes are from Haideh Salehi-Esfahani
Covers these topics: Scarcity, opportunity cost, normative and positive statements, law of demand, the demand curve, consumer surplus
These notes cover what was discussed during lecture of week 3.
These nots cover what was discussed in lecture during week 4.
These notes cover what was discussed in lecture during week 5.
This study guide provides practice materials for Midterm #1.
These notes cover what was discussed in class during week 7.
Elasticity and the demand curve
Exporting goods and relative costs
Shifting curves, the market as a whole, supply and demand curves
Crosss-price and income elasticity, Shifting curves, substitutes and complements, normal goods Supply curve
Trade and the law of one price, the supply curve
Income effect, change in quantity demanded vs change in demand
These notes cover what was discussed in lecture during week 8.
These notes cover what was discussed in class during week 9.
Final Study Guide Terms to Know demand elasticity private cost price taker demand schedule price elasticity of demand social cost price maker demand curve/line average revenue private benefit elastic quantity demanded marginal revenue social benefit inelastic law of demand unit-elastic market failure break even ceteris paribus price effect capital monopoly shift output effect monopoly power labor n
This study guide covers what will be tested on the final exam.