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Sebastien Breau (15)

Class Notes for Sebastien Breau

Introduction to Ethics

CBUS 001 Lecture Notes - Orange Juice, Opportunity Cost, Economic Surplus

Problem Set #2: Demand, Supply, and Market Equilibrium Key Concepts Demand: - quantity demanded of goods & services at each market price for all prices ceteris paribus. Supply: - quantity supplied of goods and services ...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Opportunity Cost, Ceteris Paribus, Demand Curve

Principles of Microeconomics: Demand and Supply DEMAND AND SUPPLY This lecture examines the basic Demand/Supply model that is central to microeconomics. We do so by defining the relationship between Price and Qua...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Substitute Good, Giffen Good, Excess Supply

Problem Set #4: Elasticity Key Concepts Elasticity of Demand = % change in Quantity Demanded % change in Price Income E...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Marginal Revenue, Arc Elasticity, Harvest

Principles of Microeconomics: Elasticity ELASTICITY Elasticity Definition: Elasticity measures the responsiveness of a change in a variable to the change in another variable => ε = %ΔQ/%ΔP Economists me...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Competitive Equilibrium, Cogeneration, Perfect Competition

Principles of Economics: Long-run Competitive Equilibrium LONG-RUN COST Recall that all factors, particularly capital, are variable in the long-run. There are two ways (plus combinations of the two ways) that Ca...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Externality, Marginal Cost, Pareto Efficiency

Principles of Economics: Efficiency EFFICIENCY Definition: Productive Efficiency is optimal output from given resources or minimal cost for a given output. We have already seen the concept of productive eff...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Ordinal Utility, Tangent, Ceteris Paribus

Preference Theory and Derivation of Demand CONSUMER CHOICE THEORY (DEMAND) BUDGET CONTRAINTS: - Suppose that the consumer (household) consumes only two goods (X and Y). Given the Prices of the two goods (PX...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Liquor Control Board Of Ontario, Perfect Competition, Planned Economy

Introduction to Management Understanding the Canadian Business System [To set the scene and provide some basic definition and define key features] The number of factors of production is a theory. In general there ar...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Ceteris Paribus, Negative Number, Marginal Revenue

Principles of Economics: Short-run Firm Equilibrium PROFIT MAXIMIZATION Profit = Total Revenue (P*Q) – Total Costs Accountants calculate Profit as operating Profit = Total Revenue – Operating Costs = ...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Lincoln Near-Earth Asteroid Research, Substitute Good, Opportunity Cost

Principles of Microeconomics: Production Possibility Frontiers INTRODUCTION Alfred Marshall, the founder of modern Microeconomics in 1890, defined Economics as “the study of mankind in the ordinary business of li...

Business
CBUS 001
Sebastien Breau
chapter 11.doc

Principles of Economics: Monopoly MONOPOLY A monopoly (‘single sellers’) is the sole producer in an industry. This means that Demand for the industry is Demand for the Monopoly and that the marginal cost and aver...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Remittance, Economic Equilibrium

Principles of Microeconomics: Sales Taxes and Subsidies SALES TAXES Our understanding of elasticity will help us analyze the impact of sales taxes or subsidies on equilibrium price and quantity. 1. Per Unit T...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Opportunity Cost, Technological Change

Problem Set #1: Production Possibilities Curves Key Concepts: Resources - the basic inputs in the production of goods and services Labour- human time and effort applied to the production of goods and services Capita...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Economic Surplus, Demand Curve, Deadweight Loss

Week 4 – Elasticity, Tax Incidence and Tax Burden A key characteristic of demand and supply curves! – Elasticity Elasticity = sensitivity or reponsiveness Changes in one variable as another variable changes How se...

Business
CBUS 001
Sebastien Breau
CBUS 001 Lecture Notes - Cubic Function, Average Variable Cost, Fixed Capital

Principles of Economics: Short-run Cost We first examine the cost of firms in the period when capital is fixed to understand the importance of marginal cost in the determination of profit maximizing output. We do ...

Business
CBUS 001
Sebastien Breau
Permachart - Marketing Reference Guide: Security Interest, Consequential Damages, Parol Evidence Rule

TM permacharts S a le s&L e a s e so fG o o d s General Considerations Un...

Accounting
ACTG 2010
All Professors
Permachart - Marketing Reference Guide: Secured Transaction, Chattel Mortgage, Security Interest

permacharts TM S e c u r e dT r a n s a c t io n s Scope ...

Accounting
ACTG 2010
All Professors
Permachart - Marketing Reference Guide: Statement Of Changes In Equity, Retained Earnings, Cash Cash

permacharts MT FINANCIAL STATEMENTS • Financial statements are documents that are BALANCE SHEET (B/S) STATEMENT OF RETAINED EARNINGS (SRE) ...

Accounting
ACTG 2010
All Professors
Accounting II - Reference Guides

Advance your knowledge with our advanced Accounting II! This companion Guide to Accounting I develops the reader’s understanding of balance sheets before moving into an effective summary of how assets are treated for accou...

Accounting
ACTG 2010
All Professors
Cost Accounting - Reference Guides

Specialized Accounting quick reference information in one handy place! This Guide provides specialized reference material that flows naturally from the contents of its companion Guides Accounting I and Accounting II. The t...

Accounting
ACTG 2010
All Professors
Permachart - Marketing Reference Guide: New York Stock Exchange, Nyse American, Market Trend

l e a r n • r e f e r e n c e • r e v i e w permacharts TM Stocks & Bonds WHAT IS A STOCK? WHAT IS A BOND? ...

Biology
BIOL2761
All Professors
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
Business Administration
BUS 343
All Professors
Permachart - Marketing Reference Guide: Business Communication, Human Communication, Jargon

Communication Success 2 Communication Success 3 permacharts TM ...

Business Administration
BUS 343
All Professors
Permachart - Marketing Reference Guide: Predatory Pricing, Sales Promotion, Marketing Mix

Introductory Marketing 2 Introductory Marketing 3 permacharts TM ...

Business Administration
BUS 343
All Professors
Administrative Law - Reference Guides

Administrative law directly influences the life of every American citizen. All local, state and federal agencies operate pursuant to general Administrative law principles. An understanding of all administrative law functio...

Business Admin - Mgt
MGMT 10
All Professors
Organizational Behavior - Reference Guides

The systematic study of individual and group behavior within organizational structures is outlined in this coordinated Guide. Theories of leadership and individual behavior are related to the foundations of group behavior ...

Psychology
PSYC 302
All Professors
Introduction to Business Law - Reference Guides

Business law, sometimes referred to as corporate-commercial law, is a system of governance and regulations in connection with the creation, existence and dissolution of businesses. Today, Canadian businesses are governed b...

BLAW - Business Law
BLAW 464
All Professors
Management - Reference Guides

The complex aspects of Management are made clearer in this Guide. This powerful Guide provides comprehensive assistance to anyone who desires a deeper appreciation of basic Management principles. The fundamentals of organi...

BA - Business Administration
BA 2283
All Professors
Corporations - Reference Guides

Corporations are explained with clarity and precision in this informative Guide! This guide helps to remove some of the confusion that popularly exists concerning the purpose, the extent, and the legal effect of different ...

BA - Business Administration
BA 2283
All Professors
Marketing - Reference Guides

An easy to follow summary of every key marketing principle. The ability to effectively match a product or service to a need requires a well rounded understanding of the selling, public relations, and advertising that makes...

MBA - Master's in Business Admin
MBA 643
All Professors
Permachart - Marketing Reference Guide: Meeting Of The Minds, Executory Contract, Uniform Commercial Code

l e a r n • r e f e r e n c e • r e v i e w permacharts TM CContracts WHAT IS A CONTRACT? STATUTE OF FRAUDS ...

Law and Business
LAW 603
All Professors

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