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ECON 208 Lecture Notes - Mcgill College Avenue, Pearson Education

The texts are available from paragraphe bookstore, 2220 mcgill college avenue. Text: microeconomics, 13th canadian edition by ragan &amp; lipsey (pearson canada, 2011) With the text you also get a free light-reading" short book, cocktail party economics, which explains/applies some of the basic principles of microeconomics in an everyday" manner. Study guide to ragan &amp; lipsey microeconomics, 13th canadian edition, by dickinson &amp; indart. (pearson canada, 2011) The study guide provides (i) chapter overviews, hints and tips for effective study of each chapter, (ii) practice. The text alone (with myeconlab &amp; freebies) is . 95. But for . 95 you can buy the package containing both the text (with myeconlab &amp; cocktail) and the study guide (reducing the extra cost of the study guide to sh! If you are/will be taking both econ 208 (microeconomics) and econ 209 (macroeconomics), a few copies are available of economics, 13th canadian edition, by ragan &amp; lipsey, which include the texts (with myecxonlab &amp;

Canada

Microeconomic Analysis and Applications

Economics (Arts)

El- Attar Mayssun

McGill University

<p>What is the difference between microeconomics and macroeconomics?</p>
<p>a. Macroeconomics deals with abstract economic theories, while microeconomics applies those theories to the real world.</p>
<p>b. Microeconomics looks at economic systems in a vacuum, while macroeconomics looks at how those systems interact with one another.</p>
<p>c. Microeconomics deals with economics on the level of individuals or businesses, while macroeconomics deals with economics on the level of states or countries.</p>
<p>d. Macroeconomics looks at the history of economics, while microeconomics is concerned with the present and the future.</p>

<p>3) Which one of the following topics does microeconomics study? A) effect of interest rates on national economic growth B) determination of total production in a country C) reasons for a fall in the price of orange juice D) effect of the government budget deficit on employment E) the effect of a rise in the Canadian dollar on Canada's exports</p>

<div>The field of economics is traditionally divided into two broad subfields:</div>
<div> </div>
<div>A.National economics and international economics.</div>
<div>B.Consumer economics and producer economics.</div>
<div>C.Private sector economics and public sector economics.</div>
<div>D.Microeconomics and macroeconomics.</div>

ECON 208 Lecture Notes - Mcgill College Avenue, Pearson Education

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