Exams are coming!
Get ready with premium notes and study guides!

Class Notes for Economics at University of Waterloo (UW)

  • 1,354 Results
  • About UW

Premium Notes

Courses with the best lecture notes and study guides taken by top Note Takers.

UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 1: Human Capital, Profit Margin, Planned Economy

77
Economics: a social science that deals with the allocation of limited resources to satisfy unlimited human wants. Incentive: a reward that encourages a
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 23: Monopolistic Competition, Natural Monopoly, Car Rental

96
Natural or legal barriers prevent the entry of new firms. Price setters (some sort of market power) Economies of scale and natural barriers to entry ca
View Document
UWECON102Joseph DejuanFall

ECON102 Lecture Notes - Lecture 23: Macroeconomics, Comparative Advantage, Real Interest Rate

56
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 3: Marginal Utility, Marginal Cost, Comparative Advantage

46
Econ101 004 lecture 3 - using resources efficiently. The ppf determines marginal cost (slope of ppf) Marginal cost: the additional opportunity cost of
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 9: Price Ceiling, Economic Equilibrium, Avoidance Speech

90
Price ceiling (price cap): illegal to charge a price higher than a specified level. The price ceiling is set below equilibrium price: ex. If equilibriu
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 4: Monopsony, Market Power, Relative Price

47
Market: an arrangement that enables buyers and sellers to get information and do business with each other (e-commerce, physical markets, currency marke
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 2: Espresso, Economic Model, Opportunity Cost

55
Econ101-004 lecture 2 the economic way of thinking. Tonight, you can make notes for econ or go out with your friends. If you like your coffee black, it
View Document
UWECON102Mergo TeferiWinter

ECON102 Lecture Notes - Lecture 1: Final Good, Intermediate Good, Business Cycle

0
Gdp (gross domestic product) is the market value of all final goods and services produced within a country in a given period of time. This definition h
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 22: Monopolistic Competition, Product Differentiation, Perfect Competition

44
Firms compete on product quality, price and marketing. Firms are free to enter and exit the industry: large number of firms. Presence of large number o
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 6: Nipple, Fot, Negative Number

49
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 21: Natural Monopoly, De Beers, Demand Curve

49
View Document
UWECON101Wokia KumaseFall

ECON101 Lecture Notes - Lecture 8: Economic Equilibrium, Marginal Utility, Black Market

50
Econ101-004 lecture 8 - efficiency and equity. Resources are scarce: must be allocated efficiently and fairly. Note: most commonly allocation method is
View Document
View all courses (80+)
View all professors (100+)

Class Notes (1,100,000)
CA (650,000)
UW (20,000)
ECON (1,000)