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Browse the full collection of course materials, past exams, study guides and class notes for ECON 13 - Global Economy at University of California - Irvine verified by our …
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PROFESSORS
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George Sarraf
fall
7

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Class Notes

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ECON 13 Lecture Notes - Lecture 2: Marginalism, Opportunity Cost, Macroeconomics
Scarcity - a situation in which unlimited wants exceed the limited resources available to fulfill those wants. Economics - the study of the choices peo
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ECON 13 Lecture Notes - Lecture 3: Ceteris Paribus, Market Power, Perfect Competition
Market - a group of buyers and sellers of a particular product. Competitive market - one with many buyers and sellers, each has a negligible effect on
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ECON 13 Lecture Notes - Lecture 4: Gross Domestic Product, Business Cycle, Intermediate Good
Microeconomics - the study of how households and firms: How the government attempts to influence choices. Macroeconomics - the study of the economy as
4112
ECON 13 Lecture Notes - Lecture 5: Producer Price Index, Gdp Deflator, Real Interest Rate
Different measures of inflation are based on different baskets of goods. The gdp deflator is based on a basket of goods representing everything in gdp.
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ECON 13 Lecture Notes - Lecture 8: General Agreement On Tariffs And Trade, Multinational Corporation, Outsourcing
Globalization - worldwide trend of economic integration across borders allowing firms to do business beyond national borders; old but new trend. Mnc -
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ECON 13 Lecture Notes - Lecture 10: Foreign Exchange Market, The Foreign Exchange, International Finance
International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international tr
6189
ECON 13 Lecture Notes - Lecture 11: Externality, Cost, Social Cost
This trade-off arises for all countries, whether high-income or low-income, and whether their economies are market-oriented or command-oriented. Market
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