Art Noordeh, PhD

ECON 1000 Lecture Notes - Lecture 1: Marginal Utility, Marginal Cost, Allocative Efficiency

Production possibilities opportunity cost (ppf):the boundary between those combinations of goods and services that can be produced and those combinatio

ECON 1000 Lecture Notes - Lecture 1: Opportunity Cost, George Bernard Shaw, Human Capital

All economic questions arise because we want more than we can get. Wants are unlimited and resources are limited. Our inability to satisfy all our want

ECON 1000 Lecture 2: Econ 1000 Lecture 2 Notes

ECON 1000 Lecture 2: Chapter 1

ECON 1000 Lecture Notes - Lecture 6: Demand Curve, And1, Normal Good

Measures the responsiveness of quantity demanded for a product to a change in price: no unit of measurement is needed, only the magnitude matters. % in

ECON 1000 Lecture Notes - Lecture 7: Economic Surplus, Demand Curve, Marginal Utility

An example of this would be medical essentials as consumers would be willing to pay regardless of how high the price may be due to the necessity of the

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An introduction to economic analysis covering the theory of consumer and household behaviour, and the theory of the firm in perfectly and imperfectly competitive industries.

Introduction to Economics: Microeconomics

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