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ECON 1010 (231)

Class Notes for ECON 1010 at York University

Introduction to Economics: Macroeconomics

Exam Study Guides for ECON 1010

Covers all exam topics.

ECON 1010 Lecture Notes - Lecture 2: Opportunity Cost, Deadman Wonderland, Gdp Deflator
24HR
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ECON 1010: Lecture Two January 13 , 2019 *The Budget Line: -Combos of goods you can buy with given income *Demonstrates: -Attainable and unattainable combinations -Trade-offs and opportunity costs -Make the best choice pos...

Economics
ECON 1010
Steve I Edwards
ECON 1010 Lecture Notes - Lecture 1: Espresso, Microeconomics, Opportunity Cost
24HR
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ECON 1010: Introduction to Microeconomics January, 7 , 2019 *Principles of Microeconomics: 1) Economics is a discipline that can tackle every situation of public relevanceconcern 2) Deals with questions related to individu...

Economics
ECON 1010
Steve I Edwards
ECON 1010 Lecture 2: SOSC 1340 - Transnational Corporations
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find more resources at oneclass.com Notes by: ANU J Multinational Corporations (MNCs) / Transnational Corporations (TNCs) - Key agents of globalization (international trade and FDI) - Rise of capitalism and ...

Economics
ECON 1010
Steven Edwards
ECON 1010 Lecture 3: SOSC 1340 - Theories of Globalization
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Notes by: ANU J Theories of Globalization - Hyper globalists o Everyone has to and should partake in global economic o Its everywhere o We have to find ways to be able to attract investment, create wealth - Skeptics o The ...

Economics
ECON 1010
Steven Edwards
ECON 1010 Lecture Notes - Lecture 1: Bretton Woods System, Monetary Policy, Responsible Government
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Notes by: ANU J Canadas Economic History - Understand whats happened historically in an economy to appreciate what is happening currently or what might happen in the future Outline - Pre-1914 o Colonial era o Post-confeder...

Economics
ECON 1010
Steven Edwards
ECON 1010 Lecture Notes - Lecture 6: Free Trade, Eurocentrism, Fixed Exchange-Rate System
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Notes by: ANU J A Brief History of the Global Economy - Fairly Euro-centric facts and details - From the 16 century to about 1914 = first stage of globalization o Expansion of European countries (colonization) o Growing in...

Economics
ECON 1010
Steven Edwards
ECON 1010 Lecture Notes - Lecture 4: Offshoring
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Notes by: ANU J Evidence for Globalization - Importance of international trade - Rollercoaster of World Trade o Output = goods and services that have been produced o Trade always grows faster than output o Trade is becomin...

Economics
ECON 1010
Steven Edwards
ECON 1010 Lecture Notes - Lecture 5: China Blue, Washington Consensus, Neoliberalism
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Notes by: ANU J Neoliberal Globalization o Policies based on neoliberal thinking Policies become prescriptions for developing countries facing their own international monetary issues o Crises in capitalism Rising inflation...

Economics
ECON 1010
Steven Edwards
ECON 1010 Lecture 4: ECON 1010 - Money and the Banking System
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find more resources at oneclass.com Notes by: ANU J Macroeconomics Steve Edwards Money - Any commodity measured as a form of payment = money - Means of settling a debt - Serves 3 functions: ...

Economics
ECON 1010
Steven Edwards
ECON 1010 Lecture Notes - Lecture 11: Opportunity Cost, Marginal Cost, Allocative Efficiency

Marginal cost of a good or service is the opportunity cost of producing one more unit of it Marginal benefit of a good or service is the benefit received from consuming one more unit of it Measured by amount a person is wi...

Economics
ECON 1010
Ardeshir Noordeh
ECON 1010 Lecture Notes - Lecture 10: Market Power, Perfect Competition, Demand Curve

Lecture 10 Monopoly to Competition and In Between Price makers and price takers Businesses aim for monopolys economic profits and price-making power. Competitors usually push businesses toward the normal profits and price ...

Economics
ECON 1010
Ardeshir Noordeh
ECON 1010 Lecture Notes - Lecture 9: Risk Compensation, Opportunity Cost, Economic Equilibrium

Opportunity costs, economic profits and losses, and the miracle of markets lecture 9 Accounting profits and hidden opportunity costs Accounting profits equal revenues minus all obvious costs, including depreciation. But ac...

Economics
ECON 1010
Ardeshir Noordeh
ECON 1010 Lecture Notes - Lecture 7: Demand Curve

Lecture 7 Price elasticity of demand Elasticity measures how responsive quantity demanded is to a change in price. Elasticity (or price elasticity of demand) measures by how much quantity demanded responds to a change in p...

Economics
ECON 1010
Ardeshir Noordeh
ECON 1010 Lecture Notes - Lecture 6: Deadweight Loss, Economic Surplus, Efficient-Market Hypothesis

Lecture 6 Coordinating smart choices: Market efficiency Consumer surplus, producer surplus, and efficiency An efficient market outcome has the largest total surplus, prices just cover all opportunity costs of production an...

Economics
ECON 1010
Ardeshir Noordeh
ECON 1010 Lecture 15: Government policy choices lecture 15

Government policy choices Do prices or quantities adjust When government fixes prices, the smart choices of consumers and businesses are not coordinated. Quantities adjust to whichever is less quantity supplied or quantity...

Economics
ECON 1010
Ardeshir Noordeh
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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