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Class Notes for Economics at University of Toronto St. George (UTSG)

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UTSGECO101H1Robert GazzaleFall

ECO101H1 Lecture Notes - Lecture 1: Opportunity Cost

OC25429061 Page
27 Sep 2018
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UTSGECO101H1Michael HoFall

ECO101H1 Lecture 5: CHAPTER 7- TAXES

OC27412677 Page
29 Oct 2019
0
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UTSGECO101H1zzzzzzzzzFall

ECO101H1 Lecture Notes - Lecture 1: Tasmania

53
To teach you to think like an economist, have a better understanding of how economists look at problems. An introduction to economics to give you a bac
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UTSGECO102H1Ho Cheung (Michael) HoWinter

ECO102H1 Lecture Notes - Lecture 12: Classical Economics, Capital Outflow, Money Supply

OC25673364 Page
1 Apr 2019
0
P y = v m. How many times on average each 1 dollar changes hands in a period. Everything has enough time to make all necessary adjustments. In the long
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UTSGECO102H1Ho Cheung (Michael) HoWinter

ECO102H1 Lecture Notes - Lecture 10: Excess Reserves, Fiat Money, Unemployment

OC25673365 Page
12 Mar 2019
0
In recession, income and taxes drop, while transfer payments will go up. T goes down and transfer goes up. But it is more likely to run a deficit. If y
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UTSGECO101H1zzzzzzzzzFall

ECO101H1 Lecture Notes - Lecture 21: Deadweight Loss, Economic Surplus, Perfect Competition

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Eco100y1 lecture 21 topic 10: monopoly ii. In monopolistic markets, firms have market power, they are price makers. On the graph, mr is steeper than p.
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UTSGECO102H1Ho Cheung (Michael) HoWinter

ECO102H1 Lecture Notes - Lecture 3: Fallacy, Free Trade, Physical Capital

OC25673367 Page
22 Jan 2019
0
1: same amount of inputs, but more output, squeezing all you can from the inputs c. Increase in efficiency to handle inputs: may be due to technologica
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UTSGECO102H1Ho Cheung (Michael) HoWinter

ECO102H1 Lecture 5: Chapter 10 Part 2

OC25673366 Page
5 Feb 2019
0
S = y t + t c. We know that government savings is equal to their fiscal budget position and can be defined as. If t>tr + g, budget surplus positive sav
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UTSGECO101H1Michael HoFall

ECO101H1 Lecture 7: CHAPTER 10

OC274126717 Page
10 Nov 2019
0
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UTSGECO101H1zzzzzzzzzFall

ECO101H1 Lecture Notes - Lecture 20: De Beers, Natural Monopoly, Perfect Competition

54
Eco100y1 lecture 20 topic 10: monopoly i. Perfect competition and monopolies are extreme cases. In a monopoly, there is a sole seller of a product/serv
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UTSGECO101H1Michael HoFall

ECO101H1 Lecture 4: CONSUMER AND PRODUCER SURPLUS- CHAPTER 4

OC274126717 Page
7 Oct 2019
0
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UTSGECO101H1zzzzzzzzzFall

ECO101H1 Lecture Notes - Lecture 24: Takers, Institute For Operations Research And The Management Sciences, Perfect Competition

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Eco100y1 lecture 24 topic 11: monopolistic competition ii. Note: wednesday"s class will be a big revision, especially on the math concepts applied, the
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