ECON 101 Lecture 1: Lecture Notes from 9/5-9/19

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This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and imperfect competition. Throughout the semester, the course will stress applications of elementary economic theory to real world issues and problems. Topics that we will investigate include the basic supply and demand model, price controls, taxes, trade, pollution, and monopolies.

Principles of Economics I

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