Week 1 Thinking like an Economist: Chapters 1 and 2. Chapter 1: Ten principles of economics -The word economy comes from the Greek word oikonomos, which means one who manages a household. Like an economy a household must a...
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W EEK 13:P RACTICAL A SPECTS C OLLUSION R EVIEW To facilitate collusion,the value of colluding must exceed the value of defecting. o Repeated game. o Need to be able to detect and punish defection. o Need low discount rate...
W EEK 10:V ERTICAL R ESTRAINTS V ERTICAL RELATIONSHIPS VerticalValueChain: someone manufactures bits thatsomeone else uses as inputs untilafinalproduct emerges.Thatproductmaythen moveontoala...
W EEK 9:A SYMMETRIC INFORMATION AND INTERVENTION A SYMMETRIC INFORMATION Asymmetric Information: agents on one side of market have bett...
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...
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...
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 ...
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...
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