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Class Notes (1,032,497)
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ECO100Y1 (441)

Class Notes for ECO100Y1 at University of Toronto St. George

Introduction to Economics

ECO100Y1 Lecture Notes - Lecture 1: Oligopoly, Monopolistic Competition, Externality

Department of Economics University of Toronto Economics 100: Introduction to Economics 2014-2015 Section L0101: Professor James E....

Economics
ECO100Y1
James Pesando
ECO100Y1 Lecture 10: 1_test_conv

find more resources at oneclass.com find more resources at oneclass.com

Economics
ECO100Y1
Aloysius Siow
ECO100Y1 Lecture Notes - Lecture 7: Air Canada, Canadian Airlines, Marginal Revenue

James E. Pesando Economics 100 Assignment 7 Imperfect Competition and Price Discrimination 1. TotsPoses is the only photography business in town that specializes in portraits of small children.Sven, who owns and runs TotsP...

Economics
ECO100Y1
Gustavo Indart
ECO100Y1 Lecture Notes - Lecture 2: Fixed Cost

Answers NonTutorial Assignment: The Costs of Production 1 (a) 20 haircuts 15 haircuts 10 haircuts (b) MC = ( Total Costs) Output 5020 = 2.50 5015 = 3.33 5010 = 5.00 (c) ATC = (Fixed Costs + Variable Costs) Output = (300 + ...

Economics
ECO100Y1
Gustavo Indart
ECO100Y1 Lecture Notes - Lecture 1: Traffic Ticket, Sport Canada, Opportunity Cost

James E. Pesando Economics 100 Assignment 1 The Economic Way of Thinking (Marginal Analysis and Opportunity Cost) 1. You are planning a trip to Ottawa, which is 400 miles. Except for the cost, you are completely indifferen...

Economics
ECO100Y1
Gustavo Indart
ECO100Y1 Lecture Notes - Lecture 2: Kilogram, Absolute Advantage, Comparative Advantage

James E. Pesando Economics 100 Assignment 2 The Gains from Trade 1. Canada and Russia both produce wheat and meat. One Canadian worker can produce 20 bushels of wheat per hour or 5 pounds of meat per hour. A Russian worker...

Economics
ECO100Y1
Gustavo Indart
ECO100Y1 Lecture Notes - Lecture 4: Allocative Efficiency, Economic Surplus, Demand Curve

James E. Pesando Economics 100 Assignment 4 Applications of Demand and Supply; Consumer Demand Theory 1. The government eliminates the 10 tax on a carton of cigarettes. The tax on cigarettes is paid by sellers. The supply ...

Economics
ECO100Y1
Gustavo Indart
ECO100Y1 Lecture Notes - Lecture 3: Normal Good, Inferior Good, Price Ceiling

James E. Pesando Economics 100 Assignment 3 Demand, Supply, Market Equilibrium, and Elasticity 1. In London, during World War II, the weekly demand and supply curves for a carton of eggs are as follows: Price Quantity Dema...

Economics
ECO100Y1
Gustavo Indart
ECO100Y1 Lecture Notes - Lecture 12: Average Variable Cost, Marginal Cost, Marginal Product

James E. Pesando Economics 100 NonTutorial Assignment: The Costs of Production 1. The owner of a barber shop calculates that the relationship between the number of barbers and the number of haircuts each day is as follows:...

Economics
ECO100Y1
Gustavo Indart
ECO100Y1 Lecture Notes - Lecture 1: Gif

{Title of the Article} 2-4 sentences of introduction about your article Point #1 2-3 sentences about point #1 GIF Link (Make sure to right click the gif you want to use and copy the image address) Point #2 2-3 sentenc...

Economics
ECO100Y1
Abraham Rotstein
ECO100Y1 Lecture Notes - Lecture 21: Unemployment, Nairu, Output Gap
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The Natural Rate of Unemployment [Ragan, chapter 31, NAIRU, the "non-accelerating inflation rate of unemployment"] 1. All unemployment is either frictional or structural 2. No cyclical unemployment, or unemployme...

Economics
ECO100Y1
James Pesando
ECO100Y1 Lecture 22: 22-2
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Tariffs (tax imposed on imported goods) Why do countries impose tariffs? Answer: To protect importcompeting industries (special interests) Example 1. Country imports good and also produces good domestically 2. World price ...

Economics
ECO100Y1
James Pesando
ECO100Y1 Lecture Notes - Lecture 21: Comparative Advantage, Economic Equilibrium
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Example: Canada has C.A. in Producing Wheat Before Trade Equilibrium price level = domestic price before trade Equilibrium output = domestic quantity demanded and domestic quantity supplied before trade After t...

Economics
ECO100Y1
James Pesando
ECO100Y1 Lecture 21: 21-3
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Wednesday Comparative Advantage and The Gains From Trade Production Possibilities John: Cloth: 15 Corn: 3 Jane: Cloth: 32 Corn: 16 Opportunity Cost of Producing One Unit of John: Cloth: 0.2 corn Corn: 5 cloth Jane: Cloth: ...

Economics
ECO100Y1
James Pesando
ECO100Y1 Lecture Notes - Lecture 23: Nominal Interest Rate, Real Interest Rate, Interest Rate
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Inflation and Interest Rates: Intuition 1. Lend $1,000 for 1 year at 10% Interest: $1000 * 0.10 = $100 2. Is lender $100 better off at the end of the year? Depends on the Inflation rate be...

Economics
ECO100Y1
James Pesando
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

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