Russell Janis

Gerald Friedman

ECON 103 Lecture Notes - Lecture 1: Price Floor, Food Security, Demand Curve

Identify more specifically how the market fails, and design policies accordingly. Another price floor is the effects of minimum wage. United states hav

ECON 103 Lecture Notes - Lecture 1: E-Book, Moodle

*saplingplus is required for this course to gain access to the ebook, homework and extra-credit assignments. In case of any real financial hardship ple

ECON 103 Lecture Notes - Lecture 2: Opportunity Cost

General approach to addressing the roles of markets and government. Where and when do markets work well: markets work best when buyers and sellers face

ECON 103 Lecture Notes - Lecture 3: Opportunity Cost, Absolute Advantage, Comparative Advantage

Features of a production possibilities frontier: a ppf is downward sloping from left to right due to opportunity costs, a ppf is always concave to the 

ECON 103 Lecture 5: Econ 103 Lecture notes 10.3.18 (1)

Movement along the supply curve where output changes in response to price. Supply curve moves with change in output in price in response to changes in 

All Subjects

Accounting

Mathematics

Statistics

Computer Science

Calculus

Psychology

Management

Biology

Physics

Chemistry

Electrical Engineering

Mechanical Engineering

Marketing

Music

History

Project Management

Business

Architecture

Geography

Science

Nursing

Information Technology

Engineering

English

Finance

Philosophy

Astronomy

Communications

Sociology

Anthropology

Prealgebra

Algebra

Precalculus

Ethics

Geometry

Probability

Economics

Introduction to the economics of markets and market economies. Basic concepts of demand, supply, production, prices, allocation of resources, and distribution of income. Public policy applications. (Gen.Ed. SB)

Introduction to Microeconomics

Browse the full collection of course materials, past exams, study guides and class notes for ECON 103 - Introduction to Microeconomics at University of Massachusetts Amherst verified by our community.

Verified Documents at University of Massachusetts Amherst

Verified Documents for All Professors