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

Class Notes for Jack Carr

  • 83 Results
  • About UTSG
UTSGECO101H1Jack CarrFall

Lecture 1-The Economic Way of Thinking

OC1654 Page
1 Aug 2010
387
View Document
UTSGECO101H1Jack CarrFall

Lecture 3-Comparative Advantage and the Gains from Trade

OC1658 Page
1 Aug 2010
63
View Document
UTSGECO101H1Jack CarrWinter

ECO101H1 Lecture Notes - Externality, Perfect Competition, Allocative Efficiency

OC45874 Page
23 Jan 2011
54
- very special circumstances where we dont need government to intervene to achieve allocative efficiency. Option to negotiate, regular people will fin
View Document
UTSGECO101H1Jack CarrFall

Lecture 2-The Economic Way of Thinking

OC1653 Page
1 Aug 2010
44
View Document
UTSGECO101H1Jack CarrFall

ECO101H1 Lecture Notes - Monopolistic Competition, Oligopoly, Perfect Competition

OC45872 Page
20 Jan 2011
33
View Document
UTSGECO101H1Jack CarrWinter

Lecture 23-Workers are Paid Their VMP

OC1653 Page
1 Aug 2010
40
View Document
UTSGECO101H1Jack CarrWinter

Lecture 22-Markets for Factors of Production

OC1654 Page
1 Aug 2010
41
$ 24,353: what is economics explanation? (answer: value of marginal product, how good is economics explanation? (answer: pretty good) Insights: demand
View Document
UTSGECO101H1Jack CarrFall

ECO101H1 Lecture Notes - Lecture 18: Strategic Dominance, Nash Equilibrium, Normal-Form Game

OC1655 Page
1 Aug 2010
44
N economic profits can range from nil (same as in perfect competition) to monopoly level. N mutual interdependence among firms is central to analysis.
View Document
UTSGECO101H1Jack CarrFall

Lecture 16-Perfect Competition Revisited

OC1653 Page
1 Aug 2010
43
Horizontal new firms have same cost structures as existing firms. Upward-sloping new firms bid up cost of factors of production for all firms. New firm
View Document
UTSGECO101H1Jack CarrFall

Lecture 16-Monopoly

OC1654 Page
1 Aug 2010
50
Single seller (of product with no close substitutes) Barriers to entry (1) legal barriers (legal monopoly) Occurs when one firm can supply entire marke
View Document
UTSGECO101H1Jack CarrFall

Lecture 17-Economic Profit of Monopolist

OC1656 Page
1 Aug 2010
42
At qm, p > atc => economic profits. Objective: encourage research and development, protect consumers from monopoly prices. Grant patent protection (mon
View Document
UTSGECO101H1Jack CarrFall

Lecture 5-Equilibrium in Competitive Markets

OC1655 Page
1 Aug 2010
32
Equilibrium in competitive markets: the equilibrium price occurs where quantity demanded is equal to quantity supplied, $1983090790/02,3/. :
View Document

Class Notes (1,100,000)
CA (650,000)
UTSG (50,000)
ECO (2,000)
ECO101H1 (700)
Jack Carr (80)