Economic Essentials for Business lecture notes summarising ECON100 at the University of Wollongong. 71 page notes were written in 2021.

  • Summary Source
  • lectures
  • Class Year
  • 2021
  • Grade
  • 82%
  • Number of Pages
  • 71
  • Staff Rating
  • 4.75/5

These notes contain weekly lecture summaries of the ECON100: Economic Essentials for Business subject. They cover weeks 1 to 12. Diagrams are used to visually express the theories. Covered contents are:

  • Introduction: Review of Subject Outline & Foundations and models
  • Choices and Trade offs in the Market
  • How are Market Prices Determined?
  • Responsiveness to Price Changes: Elasticity
  • Technology, Production and Costs
  • Perfectly Competitive Markets
  • Monopoly Markets and Price Discrimination
  • Microeconomic Policy
  • GDP and Economic Growth
  • The AD/AS Model
  • Money, Banks and the RBA.
  • Monetary Policy
  • Fiscal Policy
  • Macroeconomics in an Open Economy

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