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These first three lectures cover the basics of economics through Adam Smith and his fundamentals towards economics. We start to understand the principles and how economists think.
These are my first set of notes. This includes the Note Taker he provided and notes from the Taylor book. Pretty easy stuff so far!
During this week, we begin to learn about opportunity costs, economic decisions, and economic assumptions.
Hello! Class was cancelled during 2/5-2/9; these notes continues on from the previous week's lectures. We learn about assumptions, validity, trade and advantage, and supply and demand.
Notes with examples and highlighted terms
These notes covers key terms and vocabulary that will be on the exam
We discuss production, specialization, and supply and demand throughout this week. We start to understand basic fundamentals for the supply and demand curve, along with diminishing marginal returns and utility.
Supply and demand curve and shifts, starting to learn about equilibrium, surge pricing, and inflation.
Exam covers information from weeks 1-7. Understand basics of economics, founder of economics, opportunity costs, market structures, and supply and demand
This week's lecture covers elasticity and market structures.
Notes from 3/28 in class
These notes cover the financial market and government spending
Understanding unemployment and The Tradeoff
Inflation study guide with an important question example for the final
Graphs on changes in supply and demand, section on equilibrium