Jeffrey  Buser

Ida Mirzaie

William John White III

Jeffrey Buser

ECON 2001.01 Lecture 1: Fundamentals Textbook and Lecture Notes

Fundamentals decision making involves a benefits of an addition electricity goods the services choices of they scarce thinking are made marginal the mi

ECON 2001.01 Lecture 1: Principles of Microeconomics Lecture 1

Economics is the study of how best to allocate scarce resources among competing uses. Scarcity is the lack of enough resources to satisfy all the desir

ECON 2001.01 Lecture 1: Microeconomics- What is Economics? Lecture #1

ECON 2001.01 Lecture 2: Fundamentals of Microeconomics

ECON 2001.01 Lecture Notes - Lecture 2: Ceteris Paribus, Sunk Costs, Investment Goods

Economics is the study of how best to allocate scarce resources among competing uses. Every decision you make is evaluating your choices. Scarcity is t

ECON 2001.01 Lecture 2: Microeconomics- Supply and Demand Lecture 2

ECON 2001.01 Lecture 3: ECON2001.01, lec 3

We have learned that when markets allowed to reach their equilibrium, they are efficient; marginal benefit=marginal cost. Be competitive or behave as i

ECON 2001.01 Lecture Notes - Lecture 3: Demand Curve, Takers, Complementary Good

A market refers to the buyers and sellers who trade a particular good or service. In a market there are many interactions between buyers and sellers wh

ECON 2001.01 Lecture 3: Principles of microeconomics- Lecture 3

ECON 2001.01 Lecture 4: ECON2001.01, lec 4

Mother theresa used money given to her to help the poor. This is acting in self interest because her goal is to help the poor. When market are working 

ECON 2001.01 Lecture 4: 4. Elasticity

Elasticity is a measure of how sensitively consumers and producers respond to a change in a market. It is considered in both demand and supply. Measure

ECON 2001.01 Lecture 4: Marginal buyers and graphs- Lecture 4

ECON 2001.01 Lecture 5: ECON2001.01, lec 5

Law of supply holds 90% of the time - not too bad. Supple refers to the quantity of a good that sellers are willing and able to supply to the market at

ECON 2001.01 Lecture 6: ECON2001.01, lec 6

Markets are either in balance of they are trying to get in balance. Markets wobble, but it"s temporary because markets will come back to balance. There

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Introduction to economic theory: supply and demand for goods, services, and factor inputs; market structure; international trade, the distribution of income. First required course for students planning to take 4000-level courses in Econ.

Principles of Microeconomics

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