Bruce Watson

Todd Idson

CAS EC 101 Lecture Notes - Lecture 3: Demand Curve

CAS EC 101 Lecture Notes - Lecture 3: Latte, Demand Curve, Opportunity Cost

People are rational: people know what they want. Every decision involves an opportunity cost (most important!!: ex: if you choose not come to class, yo

CAS EC 101 Lecture 4: EC101_Watson_Lecture4

Quantity demanded: a single point on a demand curve. What are the factors that can cause an increase in demand? (shift right) Price of related goods: p

CAS EC 101 Lecture Notes - Lecture 5: Price Ceiling, Rent Regulation, Price Floor

When demand curve and supply curve intersect. Price will be drawn back toward equilibrium price because it is the natural adjustment process. If there 

CAS EC 101 Lecture 7: Idson EC101 Lecture 7

CAS EC 101 Lecture 10: econ page 3

CAS EC 101 Lecture 10: econ page 2

CAS EC 101 Lecture 10: econ page 1

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The first semester of a standard two-semester sequence for those considering further work in management or economics. Coverage includes economics of households, business firms, and markets; consumer behavior and the demand for commodities; production, costs, and the supply of commodities; price determination; competition and monopoly; efficiency of resource allocation; governmental regulation; income distribution; and poverty. Carries social science divisional credit in CAS.

Introductory Microeconomic Analysis

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