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Class Notes for ECON 1110 at University of Pittsburgh (U PITT)

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PITTECON 1110ZambelliniFall

ECON 1110 Lecture Notes - Lecture 1: Loanable Funds, Gdp Deflator, Uric Acid

OC12153123 Page
5 Oct 2016
56
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture 1: 1110-11-15

OC11068512 Page
5 Dec 2016
3
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 20: Nominal Interest Rate, Consumption Function, Real Interest Rate

OC11068515 Page
3 Oct 2016
5
Gdp depends on: quantity of inputs (factors of production, ability to turn inputs into outputs factors of production: input most important are land, la
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture 5: 1110-12-1

OC11068512 Page
5 Dec 2016
1
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 1: Iranian Revolution, Natural Disaster, Aggregate Demand

OC11068512 Page
31 Oct 2016
2
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 10: Real Wages, Relative Price, Real Interest Rate

OC11068512 Page
3 Oct 2016
4
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 2: Gdp Deflator

OC11068512 Page
3 Oct 2016
3
Consumer price index measure of overall level of prices quantity fixed tracks changes in households" costs of living focuses on consumer necessary for
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture 2: 1110-11-17

OC11068512 Page
5 Dec 2016
4
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 3: Net National Product, Current Population Survey (Us), Imputed Rent

OC11068513 Page
3 Oct 2016
10
Gdp: total income & total expenditure on its output of goods & services. Income = expenditure dollar of expenditure by buyer = dollar of income to sell
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 4: Loanable Funds, Aggregate Supply, Aggregate Demand

OC11068512 Page
3 Oct 2016
2
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 7: Monetary Base, Capital Requirement, Reserve Requirement

OC11068512 Page
3 Oct 2016
3
Monetary system money: stock of assets that can be readily used to make transactions medium of exchange store of value: has value in the future unit of
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PITTECON 1110Ho Ching MakFall

ECON 1110 Lecture Notes - Lecture 3: Real Wages, Demand Curve, Autarky

OC11068512 Page
3 Oct 2016
0
National income: demand side closed economy doesn"t include natural resources, net exports. Y = f(k,l) shows output given k units capital & l units lab
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