ECON101 Lecture Notes - Lecture 1: 3E

• School: University of Waterloo
• Department: Economics
• Course: ECON101
• Professor: Predrag Rajsic

Document Summary

Econ 101 lec 1 may 7th 2019. Grade breakdown: review quizzes 5 , midterm 1 20 % jun 6 in-class test, midterm 2 25 % jul 4 in-class test, bonus participation 2 % through learning catalytic, final 50 % Tentative schedule of review quizzes: quiz 1: released may 14, due may 21. Coverage: ch 1, ch 2: quiz 2: released may 21, due june 6. Coverage ch 3, ch 4: quiz 3: released june 6 due june 20. Coverage: ch 8, ch 9: quiz 4: released june 20, due july 4. Coverage: ch 10, ch 11: quiz 5: released july 4, due july 18. Coverage: ch 12, ch 13: quiz 6: released july 18, due july 30. Definition of economics the social science that studies the choices that individuals, businesses, governments, and entire societies make as they cope with scarcity and the incentives that influence and reconcile those choices.