Filter By
Filter Reset
Lectures
  • All Lectures
  • Lecture 1 (2)
  • Lecture 2 (1)
  • Lecture 3 (1)
  • Lecture 4 (1)
  • Lecture 5 (1)
  • Lecture 6 (1)
  • Lecture 7 (1)
  • Lecture 8 (1)
  • Lecture 9 (1)
  • Lecture 10 (1)
  • Lecture 11 (1)
Top Professors
Semester
Class Notes (1,030,059)
AUS (35,043)
ECO (12)
ECO10004 (12)

Class Notes for ECO10004 at Swinburne University of Technology

Economic Principles

ECO10004 Lecture Notes - Lecture 4: Fixed Cost, Marginal Cost, Variable Cost

Lecture notes: Lecture 4 Costs of production When firms analyse the relationship between their level of production and their costs, they separate the time period involved into the short run and long run. - ...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 10: Real Wages, Aggregate Supply, Aggregate Demand

Lecture notes: 10 Consequences of Inflation EROSION OF PURCHASING POWER: Refers to a decline in the real value of money, is the underlying reason why inflation has negative consequences for the economy and living standar...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 9: Deflation, Business Cycle, Aggregate Supply

Lecture notes: 9 Types of unemployment Cyclical Unemployment: Occurs when national spending (AD) and production (GDP) levels are weak, caused by fluctuations in the business cycle This lowers the demand for re...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 5: Electric Power Transmission, Monopolistic Competition, Market Structure

Lecture notes: Lecture 4 Market structure Perfect competition: Firms cannot affect the market price, buyers and sellers are price takers - Many buyers and sellers in the industry. - Strong competition ...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 7: Business Cycle, Price Level, Gdp Deflator

Lecture notes: 7 Economic growth: Expansion of societys productive potential, usually measured by the rate of growth in real GDP. Business cycle: Alternating periods of economic expansion and contraction relative to the...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 6: Passive Smoking, Herd Immunity, Adverse Selection

Lecture notes: Lecture 6 Market power Externality: A benefit or cost that affects someone who is not directly involved in the production or consumption of a good or service A Positive Externality occurs when benef...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 8: Labour Force Survey, Technological Change, Diminishing Returns

Lecture notes: 8 Two key factors determine labour productivity (and output); 1) Increases in capital per hour worked. - Capital: Manufactured goods that are used to produce other goods and services; examples ...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 11: Inflation Targeting, Aggregate Supply, Aggregate Demand

Lecture notes: 11 Shifts in the long-run aggregate supply curve The LRAS curve shifts because potential GDP increases over time. Increases in potential GDP (or economic growth) are due to: - An increase in res...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 1: Economic Equilibrium, Harris Scarfe, Margarine

Lecture notes: 3 Market Equilibrium At equilibrium, the quantity demanded exactly equals the quantity supplied for a given period. There is neither a market glut nor a market shortage. - Competitive market equilibrium: Mar...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 3: Opportunity Cost, Root Mean Square

Lecture notes: 1 Economics: The study of the choices people and societies make to attain their unlimited wants, given their scarce resources. - It is also considered the study of choice and how to make people better off in...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture Notes - Lecture 2: Demand Curve, Inferior Good, Normal Good

Lecture notes: 2 The demand side of the Market: Quantity demanded: The amount of a good or service that a consumer is willing and able to buy at a given price Demand schedule: Table showing relationship between the price o...

ECO
ECO10004
Mark Bowden
ECO10004 Lecture 1: RESOURCES
Premium

JFIFHHXExifMM*i 8Photoshop 3.08BIM8BIM B~ }!1AQaq2BR3br ()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz w!1AQaq2B 3Rbr 4 ()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz C

ECO
ECO10004
Mark Bowden
Permachart - Marketing Reference Guide: Net Asset Value, Mutual Fund, U.S. Securities And Exchange Commission

l e a r n • r e f e r e n c e • r e v i e w permacharts TM Mutual Funds WHAT IS A MUTUAL FUND? PURCHASING & REDEE...

Biology
BIOL2721
All Professors
Macroeconomics - Reference Guides

Take a look at the big picture. This chart covers national income accounting, inflation, consumption, economic growth, money supply, labor markets, monetary policy, international trade, supply side economics, and fiscal po...

Business and Political Economy Program
BPEP-UB 2
All Professors
Permachart - Marketing Reference Guide: Marginal Revenue, Profit Maximization, Marginal Cost

l e a r n • r e f e r e n c e • r e v i e w permacharts TM Microeconomics Microeconomics TYPES OF MARKETS ...

E-Business Marketing
ECN 102
All Professors
Permachart - Marketing Reference Guide: National Environmental Policy Act, Municipal Solid Waste, Criteria Air Contaminants

l e a r n • r e f e r e n c e • r e v i e w permacharts TM EEnvironmental Law ENVIRONMENTAL REGULATION NATIONAL ENVIRONMENTAL POL...

LAW
LAW 356
All Professors

Log In


OR

Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit