Introductory Microeconomics – ECON1001 addresses the economic decisions of individual firms and households and how these interact in markets. I received HD in the exam.
These 34 pages of notes cover the following topics:
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Key economic concepts and mathematical tools (pp 1-2.)
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Gains from trade (pp 3-4.)
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Demand (pp 5-7.)
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Production and costs (pp 8-11.)
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Supply (pp 12-13.)
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Equilibrium and welfare (pp 14-15.)
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Elasticity (pp 16-18.)
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Types of markets (p 19.)
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Perfect competition (pp 20-22.)
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Monopoly (pp 23-25.)
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Monopolistic competition (p 26.)
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Oligopoly (p 27-28.)
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Price regulation, taxes and subsidies (pp 29-30.)
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Externalities (p 31.)
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Public goods and common resources (pp 32-33.)
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International trade (p 34.)
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