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All Educational Materials for ECON 1 at University of California - Irvine (UC-IRVINE)

UC-IRVINEECON 1George SarrafFall

ECON 1- Final Exam Guide - Comprehensive Notes for the exam ( 34 pages long!)

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UC-IRVINEECON 1George SarrafFall

[ECON 1] - Final Exam Guide - Everything you need to know! (52 pages long)

Kenny Ly52 Page
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Quiz: Specialization FRQ

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People cannot make their own clothes, make all of their food from scratch, heal themselves effectively in face of injuries or sickness, produce certain
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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Midterm: solutions_sample+mid-term

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Midterm: Solutions+Mid-Term+2015

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Midterm: Solutions+Mid-Term+2014

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Midterm: Solutions+Mid-Term+2016

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Final: Solutions+Final+Exam+2015

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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Study Guide - Quiz Guide: Planned Economy, Mixed Economy, Economic System

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Economic systems are based on a society"s conditions, values, and goals. A traditional economy resists change and any influxes of innovative ideas beca
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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Final: Solutions+Sample+Final+Exam

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Frequently-seen exam questions from 2014 - 2018.
UC-IRVINEECON 15AAllFall

Exam 1

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UC-IRVINEECON 20BAllSpring

ECON 20B Final Exam Spring 2008

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UC-IRVINEECON 100BNeerja AggarwalWinter

ECON 100B Lecture 1: Discussion 1 Econ 100B

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UC-IRVINEECON 100BNeerja AggarwalWinter

ECON 100B Lecture Notes - Lecture 2: Nash Equilibrium, Breakfast Cereal, Market Power

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UC-IRVINEECON 20AAllFall

ECON 20A Midterm: UCI - ECON20A Exam 1 2013 Fall Solutions

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UC-IRVINEECON 20AAllFall

ECON 20A Final: UCI - ECON20A_FINAL2_2014FALL_JENKINSversionaSOLUTIONS

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UC-IRVINEECON 20AAllFall

ECON 20A Exam Solutions Fall 2018: Savings Account, Forego, Potential Output

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These problems are useful for preparing for the exam. One problem from here will be chosen, at random, to be turned in during your discussion section.
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UC-IRVINEECON 100BAllFall

ECON 100B Midterm: Econ100B Midterm 2015 Winter Solution

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UC-IRVINEECON 20BAllFall

ECON 20B Study Guide - Final Guide: Scantron Corporation, Bank Reserves, Fisher Equation

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Instructions: choose the best answer for each question. Mark your answers on this exam and on your scantron sheet. You may not use any outside material
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UC-IRVINEECON 13George SarrafFall

ECON 13 Study Guide - Midterm Guide: Jared Diamond, Demand Curve, Electricity Generation

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Questions 26-35 are worth 2 points each: suppose that, at a particular price, quantity demanded is 500 and quantity supplied is 300. Consider two count
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 1: Physical Capital, Factors Of Production, Human Capital

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Focus: ppl, businesses, and gov"ts, must choose among limited or scarce resources. Econ describes how ppl seek to satisfy their needs by choosing among
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture 7: Free Market Economy

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Free market economies are econ. sys. that are based on voluntary trade. The players in the free market economy are households and firms. A household is
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 8: Invisible Hand, Economic Efficiency, Economic Freedom

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The invisible hand and firms to produce them. Self-interest and competition work together to regulate the marketplace. Self-interest induces consumers
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 6: Lemonade Stand, Sports Equipment

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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 2: Opportunity Cost

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Know the 3 economic questions: what to produce, how to produce, and who consumes what is produced know societal values that determines how a country an
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 2: Vise

Kenny Ly7 Page
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 7: Social Philosophy

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The upper arena of exchange is called the product market, in which the households purchase the goods and services from the firms: the self-regulating n
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 4: Opportunity Cost

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B/c resources are always scarce they always involve an opportunity cost (refer back to ch. Most societies try to maximize what they can get for the res
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 3: Luxury Vehicle, Economic Security, Economic Efficiency

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Although there are countless ways to create all of the things we need, all require. These factors of production can be combined in diff. ways. Example:
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture 4: Econ 1 Chapter 4 Part 1

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Chapter 11: chapter 11

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UC-IRVINEECON 1Jean Paul CarvalhoSpring

ECON 1 Chapter Notes - Chapter 2: Current Liability, Balance Sheet

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UC-IRVINEECON 1Jean Paul CarvalhoSpring

ECON 1 Chapter Notes - Chapter 4: Telecom Regulatory Authority Of India, Euphemism, Dastar

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UC-IRVINEECON 1Jean Paul CarvalhoSpring

ECON 1 Chapter Notes - Chapter 1: Syrian Arab News Agency, Eth, Accounts Payable

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Chapter 12: chapter 12

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Chapter 6: chapter 6

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Chapter 4: chapter

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Chapter 3: chapter

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UC-IRVINEECON 1Jean Paul CarvalhoSpring

ECON 1 Chapter Notes - Chapter 3: Garmin, Net Income

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UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Chapter 9: chapter 9

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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Study Guide - Quiz Guide: Planned Economy, Mixed Economy, Economic System

OC11397352 Page
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Economic systems are based on a society"s conditions, values, and goals. A traditional economy resists change and any influxes of innovative ideas beca
View Document
UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 1: Physical Capital, Factors Of Production, Human Capital

OC11397356 Page
0
Focus: ppl, businesses, and gov"ts, must choose among limited or scarce resources. Econ describes how ppl seek to satisfy their needs by choosing among
View Document
UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture 7: Free Market Economy

OC11397352 Page
0
Free market economies are econ. sys. that are based on voluntary trade. The players in the free market economy are households and firms. A household is
View Document
UC-IRVINEECON 1George SarrafFall

ECON 1- Final Exam Guide - Comprehensive Notes for the exam ( 34 pages long!)

OC239552634 Page
0
View Document
UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 8: Invisible Hand, Economic Efficiency, Economic Freedom

OC11397351 Page
0
The invisible hand and firms to produce them. Self-interest and competition work together to regulate the marketplace. Self-interest induces consumers
View Document
UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 6: Lemonade Stand, Sports Equipment

OC11397352 Page
0
View Document
UC-IRVINEECON 1George SarrafFall

[ECON 1] - Final Exam Guide - Everything you need to know! (52 pages long)

Kenny Ly52 Page
5
View Document
UC-IRVINEECON 1Joanne ZingerFall

Econ 1 Final: Solutions+Sample+Final+Exam

OC84992113 Page
8
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UC-IRVINEECON 1Amanda BrindleySummer

ECON 1 Lecture Notes - Lecture 2: Opportunity Cost

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Know the 3 economic questions: what to produce, how to produce, and who consumes what is produced know societal values that determines how a country an
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 2: Vise

Kenny Ly7 Page
5
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UC-IRVINEECON 1George SarrafFall

ECON 1- Final Exam Guide - Comprehensive Notes for the exam ( 34 pages long!)

OC239552634 Page
0
View Document
UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 10: Physical Capital, Human Capital, Robert Fogel

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Ranking of country by income changes substantially over time. Poor countries are not necessarily doomed to poverty forever, e. g. singapore incomes wer
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 2: Midpoint Method, Demand Curve

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Measure of the responsiveness of quantity demanded or quantity supplied. To a change in one of its determinants. How much the quantity demanded of a go
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 1: Demand Curve, Takers, Economic Equilibrium

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A group of buyers and sellers of a particular good or service. Many buyers and many sellers, each has a negligible impact on market price. Buyers and s
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 9: Price Level, Capital Good, Gdp Deflator

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Measure of the overall cost of goods and services. Computed and reported every month by the bureau of labor statistics (bls) The bls surveys consumers
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 7: Marginal Revenue, De Beers, Natural Monopoly

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A firm that is the sole seller of a product without close substitutes. The ability to influence the market price of the product it sells. Other firms c
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 6: Marginal Revenue, Perfect Competition, Fixed Cost

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Firms can freely enter or exit the market. Change in tr from an additional unit sold. Can keep increasing its output without affecting the market price
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 8: Gross Domestic Product, Gdp Deflator, Dry Cleaning

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Measures total income of everyone in the economy. Also measures total expenditure on the economy"s output of goods and services. Because every dollar a
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 3: Price Ceiling, Price Floor, Price Controls

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Price ceiling: legal maximum on the price at which a good can be sold. Price floor: legal minimum on the price at which a good can be sold. Government
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UC-IRVINEECON 1George SarrafFall

ECON 1 Lecture Notes - Lecture 5: Marginal Product, Production Function, Fixed Cost

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E. g. , the opportunity costs of the owner"s time. The costs of these inputs are fixed costs. All inputs are variable ( e. g. , firms can build more fa
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