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ECON 2100 (4)

Class Notes for ECON 2100 at York University

Microeconomic Theory

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ECON 2100 Lecture Notes - Lecture 3: Proof By Exhaustion, Budget Constraint, Indifference Curve

Chapter 3 The Budget Constraint and the Consumer’s Optimal Choice Budget Constraint is as follows M≤p1x1+p2x2 The Consumer’s optimal choice (x*1,x*2) is the solution to the problem Maximize u(x1,x2) subject to p1x1+...

Economics
ECON 2100
Nicolas Martineau
ECON 2100 Lecture Notes - Lecture 9: Isoquant, Production Function, Farad

Chapter 9 Long-Run Multiple Input Model  Multiple-input/single-output model: How much output to produce, and how much of each input to use, to minimize, its cost and maximize its profits.  X1 is the...

Economics
ECON 2100
Nicolas Martineau
ECON 2100 Lecture Notes - Lecture 8: Production Function, Diminishing Returns, Perfect Competition

1. Chapter 8 Single Input Model In a case where a farm has fixed machinery in the short term, there is only one input (labor) and one output (corn). This is called the single- input/single-output model. The production ...

Economics
ECON 2100
Nicolas Martineau
ECON 2100 Lecture Notes - Lecture 1: Francis Ysidro Edgeworth, William Stanley Jevons, Factor Price

1. Chapter 1 Introduction to Microeconomic Theory with some Mathematics The economic problem has changed through time. Classical School of economics (Adam Smith, Karl Marx, David Ricardo, and John Mill. Their goal ...

Economics
ECON 2100
Nicolas Martineau
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...

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 ...

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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