ECON101 Lecture 4: Stocks & Bonds, Long Run Vs. Short Run, Marginal Product, Costs - Gordon Lee's Lecture Notes

• School: University of Alberta
• Department: Economics
• Course: ECON101
• Professor: Gordon Lee

Document Summary

The markets for stocks and bonds: the primary market. Transaction conducted between issuer and buyers, primary market creates new securities and offers to public (private sells to public: ipo) Securities are bought and sold, you can buy a share directly from seller. When a company issues new stocks or new bonds, these stocks and bonds are bought and sold in the primary market: secondary market. A secondary market is a market in which existing stocks and bonds are bought and sold. Northgate; 1435 (volume, # of transactions and shares that day*); 1. 54 (highest price traded that day*); 1. 40 (lowest price traded that day*); 1. 40 (close*); -0. 11 (change in closing price from day before*) Change in prices: last column is the one you want to be looking at* There are four categories of inputs: land (natural resources, aka raw materials*) Also includes skill level and education level of workers.