Class Notes for Economics at University of California - Irvine (UC-IRVINE)
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ECON 20A Lecture 17: Firm Under Perfect Competition
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A = tr - tc: long term supply curve (mc above atc, short term supply curve (mc above avc) Market supply under perfect competition short run. Long run m
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Econ 13 Lecture 22: Global Economy, Trade Agreement and International Finance
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ECON 13 Lecture Notes - Lecture 10: Foreign Exchange Market, The Foreign Exchange, International Finance
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International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international tr
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ECON 13 Lecture Notes - Lecture 2: Marginalism, Opportunity Cost, Macroeconomics
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Scarcity - a situation in which unlimited wants exceed the limited resources available to fulfill those wants. Economics - the study of the choices peo
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ECON 13 Lecture Notes - Lecture 8: General Agreement On Tariffs And Trade, Multinational Corporation, Outsourcing
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Globalization - worldwide trend of economic integration across borders allowing firms to do business beyond national borders; old but new trend. Mnc -
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ECON 13 Lecture Notes - Lecture 18: Absolute Advantage, Comparative Advantage, Opportunity Cost
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