ECON 110 Lecture Notes - Lecture 2: Anti-Globalization Movement, Marginal Cost, Nomic

• School: Queen's University
• Department: Economics
• Course: ECON 110
• Professor: Gerald M Barber

Document Summary

1. 1. 2 the decision makers and their choices . Economy in the long-run, money, banking, and monetary policy, macroeco- nomic problems, open economy macroeconomics. The instructor for this class is michael barber, who is available monday and wednesday, and friday from. 1-4pm, and 10am-12pm and can be found at dunning 304. These notes re ect a process of pre-reading, attending classes, and doing homework, and are the most comprehensive collections of information for econ 110 - 003: principles of economics. Further e orts should be made to consolidate the information at higher taxonomies. Notes are written in telegraphic sentences and personal analyses are written within parentheses. A single transaction is a small part of a remarkably complex set of transactions. An economy is a system in which scarce resources are allocated among compet- ing uses. An economy based on free-market transactions is self-organizing.