BU - EC 101 - Class Notes - Week 16
Description
Reviews
School: Boston University
Department: Economics
Course: Principles of Economics: Microeconomics
Professor: Edson
Term: Fall 2016
Tags: profit, profitmaximization, shutdown rule, and exitrule
Name: EC101 Firms in Competitive Markets
Description: Profit Profit Maximization Shut down vs exit
Uploaded: 12/13/2017
8 pages
Principles of Microeconomics week 5, lecture on Chapter 6
Fall 2016
Edson
EC 101
These notes are the in-class notes from the week of October 3 and also include notes from Chapter 6 in the book.
8 pages
EC 101 AA Principles of Microeconomics Chapter 6
Fall 2016
Edson
EC 101
These notes are from the Lecture as well as the assigned reading from the textbook
6 pages
Principles of Microeconomics week 5, lecture on chapter 5
Fall 2016
Edson
EC 101
These notes include the content covered in class as well as some brief notes on the assigned reading
8 pages
Principles of Microeconomics week 3, lecture on chapter 4
Fall 2016
Edson
EC 101
These notes cover the material in the class and in the assigned reading
4 pages
Principles of Microeconomics week 2, lecture on chapter 3
Fall 2016
Edson
EC 101
These notes cover the material in class and the assigned reading
8 pages
Intro to Microeconomics week 1, lecture 1 and 2
Fall 2016
Edson
EC 101
These include materials covered in class as well as in the assigned reading
6 pages
Principles of microeconomics week 6, lecture 7
Fall 2016
Edson
EC 101
These notes cover the lecture on chapter 7 in class as well as main ideas from the textbook
6 pages
Principle of Microeconomics week 6, lecture 8
Fall 2016
Edson
EC 101
These notes cover the slides in class as well as brief notes on the assigned reading
10 pages
Study Guide for the Midterm on October 24
Fall 2016
Edson
EC 101
This study guide includes materials from chapters 1 through 6, including some diagrams and examples.
5 pages
Principles of Microeconomics, Week 7
Fall 2016
Edson
EC 101
These notes cover the slides in class as well as the material from the assigned reading
8 pages
Principle of Microeconomics week 7, lecture 10
Fall 2016
Edson
EC 101
These notes over what's in class as well as chapter 10 from the textbook
3 pages
Principle of Microeconomics Week 8, chapter 11
Fall 2016
Edson
EC 101
These notes include what we covered in class as well as the assigned reading from chapter 11
9 pages
Midterm 11/21 Review Guide
Fall 2016
Edson
EC 101
This review guide condenses the notes from chapters 7 to 11. Graphs and examples are also in the guide.
5 pages
Principle of Microeconomics Chapter 15
Fall 2016
Edson
EC 101
These notes cover the lecture in class as well as the assigned reading
4 pages
Principles of Microeconomics, Chapter 17
Fall 2016
Edson
EC 101
These notes cover what we got to on the slides and i also made sure to take notes in the book up until what the teacher covered in class
7 pages
Microeconomics Final Study Guide
Fall 2016
Edson
EC 101
Hey everyone! These notes are the condensed material from the last midterm until now. I know the final is cumulative, but though the separation of materials would be helpful to you all, as each study guide goes in-depth with examples, concepts, etc. Good Luck!!
2 pages
ECON101 Chapter 1 and Appendix 2 Graphing Notes
Fall 2016
Edson
EC 101
Notes on the basics of graphing in microeconomics
2 pages
Productions Possibilites Frontier, Opportunity Cost, and the Basics of Trade
Fall 2016
Edson
EC 101
These notes are from Lecture #2 of EC101. They cover the PPF, opportunity cost, and the basics of trade.
4 pages
EC 101 Lecture 4+5: The Market & Supply and Demand
Fall 2016
Edson
EC 101
Notes explaining the market, supply, demand, and the forces of supply and demand in the market.
2 pages
EC101 Cross Price Elasticity / Elasticity of Supply
Fall 2016
Edson
EC 101
These notes cover Cross Price Elasticity of Demand and Elasticity of Supply.
9 pages
EC101 Midterm 1 Study Guide: Chapters 1-6
Fall 2016
Edson
EC 101
Topics Included: 10 Principles of Economics Thinking Like an Economist Trade Supply and Demand Elasticity Taxes Price Floors Price Ceilings
3 pages
EC101: Supply, Demand, and Government Policies
Fall 2016
Edson
EC 101
Price Floors, Price Ceilings, Taxes
2 pages
EC101 Welfare Economics
Fall 2016
Edson
EC 101
Welfare Economics: Covering the topics of consumer, producer, and total surplus
2 pages
EC101 Deadweight Loss of Taxation
Fall 2016
Edson
EC 101
Debate on Taxation Deadweight Loss
2 pages
EC 101: International Trade
Fall 2016
Edson
EC 101
Tariffs, Trade Agreements, Winners and Losers from Trade, Trade Price Determinants
3 pages
EC101 Lecture 13: Externalities
Fall 2016
Edson
EC 101
Positive and negative externalities. Public and private solutions.
8 pages
EC101 Midterm 2 Study Guide (Chapters 7-11)
Fall 2016
Edson
EC 101
Welfare Taxation International Trade Externalities Public Goods and Common Resources
2 pages
EC101: The Costs of Production
Fall 2016
Edson
EC 101
Profits Implicit and Explicit Costs Accounting Profits vs Economic Profits Fixed Costs and Variable Costs Economies of Scale
2 pages
EC101: Public Goods and Common Resources
Fall 2016
Edson
EC 101
Public Goods and Common Resources Excludability Rivalry in Consumption Private Goods Free Riders Cost Benefit Analysis
30 pages
EC 101 Final Exam
Fall 2016
Edson
EC 101
Principles of Economics Market Supply and Demand PPF + Basics of Trade Elasticity Cross Price Elasticity Government Policies Welfare Economics Deadweight Losses of Taxation International Trade Public Goods/Common Resources Monopolies Oligopolies Perfect Competition Costs of Production
2 pages
EC101 The Costs of Production
Fall 2016
Edson
EC 101
Production Costs Types of Costs Measures of Cost Scale Economies
4 pages
EC101 Monopolies
Fall 2016
Edson
EC 101
Monopolies Profit Maximization Price Discrimination Welfare Costs of Monopolies
4 pages
EC101 Oligopolies
Fall 2016
Edson
EC 101
Price Maximization Game Theory Prisoners' Dilemma Public Policy for Oligopolies
3 pages
EC 101 Monopolistic Competition
Fall 2016
Edson
EC 101
Brand Names Advertising Short run vs long run equilibriums Welfare of society
8 pages
Principles of Microeconomics week 5, lecture on Chapter 6
Fall 2016
Edson
EC 101
These notes are the in-class notes from the week of October 3 and also include notes from Chapter 6 in the book.
8 pages
EC 101 AA Principles of Microeconomics Chapter 6
Fall 2016
Edson
EC 101
These notes are from the Lecture as well as the assigned reading from the textbook
6 pages
Principles of Microeconomics week 5, lecture on chapter 5
Fall 2016
Edson
EC 101
These notes include the content covered in class as well as some brief notes on the assigned reading
8 pages
Principles of Microeconomics week 3, lecture on chapter 4
Fall 2016
Edson
EC 101
These notes cover the material in the class and in the assigned reading
4 pages
Principles of Microeconomics week 2, lecture on chapter 3
Fall 2016
Edson
EC 101
These notes cover the material in class and the assigned reading
8 pages
Intro to Microeconomics week 1, lecture 1 and 2
Fall 2016
Edson
EC 101
These include materials covered in class as well as in the assigned reading
6 pages
Principles of microeconomics week 6, lecture 7
Fall 2016
Edson
EC 101
These notes cover the lecture on chapter 7 in class as well as main ideas from the textbook
6 pages
Principle of Microeconomics week 6, lecture 8
Fall 2016
Edson
EC 101
These notes cover the slides in class as well as brief notes on the assigned reading
10 pages
Study Guide for the Midterm on October 24
Fall 2016
Edson
EC 101
This study guide includes materials from chapters 1 through 6, including some diagrams and examples.
5 pages
Principles of Microeconomics, Week 7
Fall 2016
Edson
EC 101
These notes cover the slides in class as well as the material from the assigned reading
8 pages
Principle of Microeconomics week 7, lecture 10
Fall 2016
Edson
EC 101
These notes over what's in class as well as chapter 10 from the textbook
3 pages
Principle of Microeconomics Week 8, chapter 11
Fall 2016
Edson
EC 101
These notes include what we covered in class as well as the assigned reading from chapter 11
9 pages
Midterm 11/21 Review Guide
Fall 2016
Edson
EC 101
This review guide condenses the notes from chapters 7 to 11. Graphs and examples are also in the guide.
5 pages
Principle of Microeconomics Chapter 15
Fall 2016
Edson
EC 101
These notes cover the lecture in class as well as the assigned reading
4 pages
Principles of Microeconomics, Chapter 17
Fall 2016
Edson
EC 101
These notes cover what we got to on the slides and i also made sure to take notes in the book up until what the teacher covered in class
7 pages
Microeconomics Final Study Guide
Fall 2016
Edson
EC 101
Hey everyone! These notes are the condensed material from the last midterm until now. I know the final is cumulative, but though the separation of materials would be helpful to you all, as each study guide goes in-depth with examples, concepts, etc. Good Luck!!
2 pages
ECON101 Chapter 1 and Appendix 2 Graphing Notes
Fall 2016
Edson
EC 101
Notes on the basics of graphing in microeconomics
2 pages
Productions Possibilites Frontier, Opportunity Cost, and the Basics of Trade
Fall 2016
Edson
EC 101
These notes are from Lecture #2 of EC101. They cover the PPF, opportunity cost, and the basics of trade.
4 pages
EC 101 Lecture 4+5: The Market & Supply and Demand
Fall 2016
Edson
EC 101
Notes explaining the market, supply, demand, and the forces of supply and demand in the market.
2 pages
EC101 Cross Price Elasticity / Elasticity of Supply
Fall 2016
Edson
EC 101
These notes cover Cross Price Elasticity of Demand and Elasticity of Supply.
9 pages
EC101 Midterm 1 Study Guide: Chapters 1-6
Fall 2016
Edson
EC 101
Topics Included: 10 Principles of Economics Thinking Like an Economist Trade Supply and Demand Elasticity Taxes Price Floors Price Ceilings
3 pages
EC101: Supply, Demand, and Government Policies
Fall 2016
Edson
EC 101
Price Floors, Price Ceilings, Taxes
2 pages
EC101 Welfare Economics
Fall 2016
Edson
EC 101
Welfare Economics: Covering the topics of consumer, producer, and total surplus
2 pages
EC101 Deadweight Loss of Taxation
Fall 2016
Edson
EC 101
Debate on Taxation Deadweight Loss
2 pages
EC 101: International Trade
Fall 2016
Edson
EC 101
Tariffs, Trade Agreements, Winners and Losers from Trade, Trade Price Determinants
3 pages
EC101 Lecture 13: Externalities
Fall 2016
Edson
EC 101
Positive and negative externalities. Public and private solutions.
8 pages
EC101 Midterm 2 Study Guide (Chapters 7-11)
Fall 2016
Edson
EC 101
Welfare Taxation International Trade Externalities Public Goods and Common Resources
2 pages
EC101: The Costs of Production
Fall 2016
Edson
EC 101
Profits Implicit and Explicit Costs Accounting Profits vs Economic Profits Fixed Costs and Variable Costs Economies of Scale
2 pages
EC101: Public Goods and Common Resources
Fall 2016
Edson
EC 101
Public Goods and Common Resources Excludability Rivalry in Consumption Private Goods Free Riders Cost Benefit Analysis
30 pages
EC 101 Final Exam
Fall 2016
Edson
EC 101
Principles of Economics Market Supply and Demand PPF + Basics of Trade Elasticity Cross Price Elasticity Government Policies Welfare Economics Deadweight Losses of Taxation International Trade Public Goods/Common Resources Monopolies Oligopolies Perfect Competition Costs of Production
2 pages
EC101 The Costs of Production
Fall 2016
Edson
EC 101
Production Costs Types of Costs Measures of Cost Scale Economies
4 pages
EC101 Monopolies
Fall 2016
Edson
EC 101
Monopolies Profit Maximization Price Discrimination Welfare Costs of Monopolies
4 pages
EC101 Oligopolies
Fall 2016
Edson
EC 101
Price Maximization Game Theory Prisoners' Dilemma Public Policy for Oligopolies
3 pages
EC 101 Monopolistic Competition
Fall 2016
Edson
EC 101
Brand Names Advertising Short run vs long run equilibriums Welfare of society
2 pages
Productions Possibilites Frontier, Opportunity Cost, and the Basics of Trade
Fall 2016
Edson
EC 101
These notes are from Lecture #2 of EC101. They cover the PPF, opportunity cost, and the basics of trade.
4 pages
EC 101 Lecture 4+5: The Market & Supply and Demand
Fall 2016
Edson
EC 101
Notes explaining the market, supply, demand, and the forces of supply and demand in the market.
2 pages
EC101 Cross Price Elasticity / Elasticity of Supply
Fall 2016
Edson
EC 101
These notes cover Cross Price Elasticity of Demand and Elasticity of Supply.
3 pages
EC101: Supply, Demand, and Government Policies
Fall 2016
Edson
EC 101
Price Floors, Price Ceilings, Taxes
2 pages
EC101 Welfare Economics
Fall 2016
Edson
EC 101
Welfare Economics: Covering the topics of consumer, producer, and total surplus
2 pages
EC101 Deadweight Loss of Taxation
Fall 2016
Edson
EC 101
Debate on Taxation Deadweight Loss
2 pages
EC 101: International Trade
Fall 2016
Edson
EC 101
Tariffs, Trade Agreements, Winners and Losers from Trade, Trade Price Determinants
3 pages
EC101 Lecture 13: Externalities
Fall 2016
Edson
EC 101
Positive and negative externalities. Public and private solutions.
2 pages
EC101: The Costs of Production
Fall 2016
Edson
EC 101
Profits Implicit and Explicit Costs Accounting Profits vs Economic Profits Fixed Costs and Variable Costs Economies of Scale
2 pages
EC101: Public Goods and Common Resources
Fall 2016
Edson
EC 101
Public Goods and Common Resources Excludability Rivalry in Consumption Private Goods Free Riders Cost Benefit Analysis
2 pages
EC101 The Costs of Production
Fall 2016
Edson
EC 101
Production Costs Types of Costs Measures of Cost Scale Economies
4 pages
EC101 Monopolies
Fall 2016
Edson
EC 101
Monopolies Profit Maximization Price Discrimination Welfare Costs of Monopolies
4 pages
EC101 Oligopolies
Fall 2016
Edson
EC 101
Price Maximization Game Theory Prisoners' Dilemma Public Policy for Oligopolies
3 pages
EC 101 Monopolistic Competition
Fall 2016
Edson
EC 101
Brand Names Advertising Short run vs long run equilibriums Welfare of society
8 pages
Principles of Microeconomics week 5, lecture on Chapter 6
Fall 2016
Edson
EC 101
These notes are the in-class notes from the week of October 3 and also include notes from Chapter 6 in the book.
8 pages
EC 101 AA Principles of Microeconomics Chapter 6
Fall 2016
Edson
EC 101
These notes are from the Lecture as well as the assigned reading from the textbook
6 pages
Principles of Microeconomics week 5, lecture on chapter 5
Fall 2016
Edson
EC 101
These notes include the content covered in class as well as some brief notes on the assigned reading
8 pages
Principles of Microeconomics week 3, lecture on chapter 4
Fall 2016
Edson
EC 101
These notes cover the material in the class and in the assigned reading
4 pages
Principles of Microeconomics week 2, lecture on chapter 3
Fall 2016
Edson
EC 101
These notes cover the material in class and the assigned reading
8 pages
Intro to Microeconomics week 1, lecture 1 and 2
Fall 2016
Edson
EC 101
These include materials covered in class as well as in the assigned reading
6 pages
Principles of microeconomics week 6, lecture 7
Fall 2016
Edson
EC 101
These notes cover the lecture on chapter 7 in class as well as main ideas from the textbook
6 pages
Principle of Microeconomics week 6, lecture 8
Fall 2016
Edson
EC 101
These notes cover the slides in class as well as brief notes on the assigned reading
10 pages
Study Guide for the Midterm on October 24
Fall 2016
Edson
EC 101
This study guide includes materials from chapters 1 through 6, including some diagrams and examples.
5 pages
Principles of Microeconomics, Week 7
Fall 2016
Edson
EC 101
These notes cover the slides in class as well as the material from the assigned reading
8 pages
Principle of Microeconomics week 7, lecture 10
Fall 2016
Edson
EC 101
These notes over what's in class as well as chapter 10 from the textbook
3 pages
Principle of Microeconomics Week 8, chapter 11
Fall 2016
Edson
EC 101
These notes include what we covered in class as well as the assigned reading from chapter 11
9 pages
Midterm 11/21 Review Guide
Fall 2016
Edson
EC 101
This review guide condenses the notes from chapters 7 to 11. Graphs and examples are also in the guide.
5 pages
Principle of Microeconomics Chapter 15
Fall 2016
Edson
EC 101
These notes cover the lecture in class as well as the assigned reading
4 pages
Principles of Microeconomics, Chapter 17
Fall 2016
Edson
EC 101
These notes cover what we got to on the slides and i also made sure to take notes in the book up until what the teacher covered in class
7 pages
Microeconomics Final Study Guide
Fall 2016
Edson
EC 101
Hey everyone! These notes are the condensed material from the last midterm until now. I know the final is cumulative, but though the separation of materials would be helpful to you all, as each study guide goes in-depth with examples, concepts, etc. Good Luck!!
2 pages
ECON101 Chapter 1 and Appendix 2 Graphing Notes
Fall 2016
Edson
EC 101
Notes on the basics of graphing in microeconomics
9 pages
EC101 Midterm 1 Study Guide: Chapters 1-6
Fall 2016
Edson
EC 101
Topics Included: 10 Principles of Economics Thinking Like an Economist Trade Supply and Demand Elasticity Taxes Price Floors Price Ceilings
8 pages
EC101 Midterm 2 Study Guide (Chapters 7-11)
Fall 2016
Edson
EC 101
Welfare Taxation International Trade Externalities Public Goods and Common Resources
30 pages
EC 101 Final Exam
Fall 2016
Edson
EC 101
Principles of Economics Market Supply and Demand PPF + Basics of Trade Elasticity Cross Price Elasticity Government Policies Welfare Economics Deadweight Losses of Taxation International Trade Public Goods/Common Resources Monopolies Oligopolies Perfect Competition Costs of Production