Introduction to Economics for Managers lecture notes under ECON224 from the Lancaster University. Created in 2022, 70 page notes cover 10 weeks.

  • Class Year
  • 2022
  • Grade
  • A+
  • Number of Pages
  • 70
  • Staff Rating
  • 5/5

Introduction to Economics for Managers (ECON224) lecture notes. These notes cover the following topics in 10 weeks.

  1. Choice and resource allocation under scarcity
  2. Determinants of demand and demand elasticity
  3. Supply and the theory of the firm
  4. Equilibrium, consumer & producer surplus, taxes and subsidies
  5. Firm costs, revenue and profit
  6. Firms in competitive markets
  7. Monopoly
  8. Oligopoly and imperfect competitive markets
  9. Market failure, externalities and public goods
  10. The market for labour

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