ECN 104 Study Guide - Dynamic Efficiency, Tax Incidence, Marginal Product
Document Summary
This course is a professionally related course, not eligible for. Contact me via e-mail to make an appointment. The faculty course survey will be administered in class between november 9-27, Ecn104 is concerned with the concepts of supply and demand, and the decisions of households and firms. It includes a study of various market conditions: perfect competition, monopoly, monopolistic competition, and oligopoly. There will be weekly tutorials mondays at 11:00 in our regular scheduled classroom where assigned problem sets will be taken up. Mcconnell, c. r. , brue, s. l. , and barbiero, t. p. , microeconomics, eleventh canadian. Shandler, lance, istudy guide, mcgraw-hill ryerson limited, 2007. 2. 2) five fundamental questions of economics and economic systems. 2. 3) circular flow model of a simplified modern economy. 3. 2) demand and changes in quantity demanded versus changes in demand. 3. 3) supply and changes in quantity supplied versus changes in supply. Elasticity and further topics in the theory of consumer demand.