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Class Notes for Economics at University of South Carolina

ECON 222 Lecture 18: 12/6 Notes

Chapter 15- focus on ASAD model To analyze the short run fluctuations in GDP and CPI AD curve shows the behaviors of all consumers o Shows the negative relationship between the average price of goods and services produced ...

Economics
ECON 222
Shimpalee
ECON 222 Lecture 10: Part 2 Notes

Chapter 8 Savings and investment spending are always equal for the economy as a whole o Savings = investment spending National saving: is the total amount of savings generated within the economy o National saving = Private...

Economics
ECON 222
Shimpalee
Economics
ECON 221
Elizabeth Watson
Economics
ECON 221
Elizabeth Watson
ECON 224 Lecture Notes - Lecture 14: Monopolistic Competition, Imperfect Competition, Perfect Competition
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Competition Wednesday, March 15, 2017 8:51 AM • Characteristics of perfect competition o Many buyers and many sellers o The goods offered for sale are largely the same o ...

Economics
ECON 224
Ach
ECON 224 Lecture Notes - Lecture 11: Deadweight Loss, Market Distortion, Economic Surplus
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Chapter 8 Monday, February 27, 2017 9:01 AM  Tax formula = Pb-Ps  Price paid by the buyer minus the price paid by the seller  The effects of the tax o Deadweight loss of the tax, the fall in total surplus that ...

Economics
ECON 224
Ach
ECON 224 Lecture Notes - Lecture 10: Price Ceiling, Price Floor, Economic Equilibrium
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Chapter 6 Friday, February 17, 2017 8:31 AM • Government policies that alter the private market outcome o Price Controls • Price ceiling: a legal maximum on the price on a good of service (Ex. Rent control) ▪ Price ce...

Economics
ECON 224
Ach
ECON 224 Lecture Notes - Lecture 8: Luxury Goods, Normal Good
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find more resources at oneclass.com Chapter 5 Monday, February 6, 2017 8:31 AM Elasticity o Basic Idea: Measures on variable responds to a change in another variable. o Definition: Numeric...

Economics
ECON 224
Ach
ECON 224 Lecture Notes - Lecture 5: Ramen, Demand Curve, Normal Good
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find more resources at oneclass.com Chapter 4 Friday, January 27, 2017 8:49 AM  Markets o Interaction between buyers and sellers o Markets may be:  Local, nat...

Economics
ECON 224
Ach
ECON 224 Lecture Notes - Lecture 5: Absolute Advantage, Opportunity Cost, Demand Curve
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find more resources at oneclass.com  Third Model: The Production Possibilities Frontier o Graph that shows the combinations of two goods the economy can possibly produce given the available resourc...

Economics
ECON 224
Ach
ECON 224 Lecture Notes - Lecture 2: Opportunity Cost, Marginalism
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Chapter 1 Part 1 Monday, January 9, 2017 12:58 PM  The economic perspective o What is economics?  Economics is the study of how people, institutions, and s...

Economics
ECON 224
Ach
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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