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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 9: Output Gap, Potential Output, Rational Expectations

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10 Jan 2020
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Therefore m goes up 15% to balance out the other side. If gdp does not equal potential gdp (economy not in long run equilibrium), government and boc ha
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 10: Phillips Curve, Rational Expectations, Aggregate Demand

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10 Jan 2020
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Central bank may be tempted to change its mind on a policy -> stating that it will target the current price level and then using active monetary policy
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 9: Aggregate Supply, Production Function, Technological Change

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10 Jan 2020
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Countries grow over time due to: increases in the amount and quality of resources, improvements in technology, improvements in the rules of the game -
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 8: Autonomous Consumption, Aggregate Demand, Autarky

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10 Jan 2020
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Aggregate expenditure line- in other words, the relationship between real gdp and the overall price level at each level of aggregate expenditure (c + i
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 6: Output Gap, Aggregate Demand, Potential Output

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10 Jan 2020
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Recessionary gap- when real gdp is below the natural level of output. Government will use fiscal policy to shift aggregate demand by increasing governm
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 1: Money Supply, Opportunity Cost, Hot Chocolate

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10 Jan 2020
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If boc wants to shift ad curve to the right, you look at the 4 components of= c+i+g(x-im: changes in demand for money or supply of money will affect th
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 13: Unemployment, Hyperinflation, Underemployment

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10 Jan 2020
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Statistics canada divides the non-institutional civilian adult population of canada into three mutually exclusive categories: employed, unemployed, not
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 7: Output Gap, Aggregate Supply, Potential Output

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10 Jan 2020
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 15: Gross Domestic Product, Canada Pension Plan, Durable Good

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10 Jan 2020
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Gross domestic product (gdp)- market value of all final goods and services produced in a country in a given period of time. It is a measure of how much
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 13: Aggregate Demand, Interest Rate

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10 Jan 2020
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Macroeconomics concerns the overall performance of the economy. The economy describes the structures of economic life and activity in a community. One
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 5: Fractional-Reserve Banking, Reserve Requirement, Barter

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10 Jan 2020
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Double coincidence of wants- two traders are willing to exchange directly. Money- anything that is generally accepted in exchange for goods and service
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MCMASTERECON 1B03Aleksandra GajicWinter

ECON 1B03 Lecture Notes - Lecture 2: Open Market Operation, Overnight Rate, Excess Reserves

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10 Jan 2020
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MCMASTERCOMMERCE 2MA3Ali Abdul HusseinWinter

COMMERCE 2MA3 Lecture Notes - Lecture 11: Pro Forma, Voice Of The Customer, Marketing Mix

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10 Jan 2020
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Marketing: a set of business practices designed to plan for an present an organization"s products or services in ways that build effective customer rel
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MCMASTERCOMMERCE 2MA3Ali Abdul HusseinWinter

COMMERCE 2MA3 Lecture Notes - Lecture 1: Pro Forma, Marketing Mix, Voice Of The Customer

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10 Jan 2020
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Marketing: a set of business practices designed to plan for an organization"s products or services in ways that build effective customer relationships.
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MCMASTERCOMMERCE 2MA3Ali Abdul HusseinWinter

COMMERCE 2MA3 Lecture Notes - Lecture 2: Business Marketing, Retail, Competitive Service

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10 Jan 2020
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A wide range of businesses participate in b2b transactions. In general, manufacturers, resellers, institutions & governments all engage in b2b transact
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MCMASTERCOMMERCE 2MA3Ali Abdul HusseinWinter

COMMERCE 2MA3 Lecture Notes - Lecture 7: Microtargeting, Niche Market

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10 Jan 2020
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4 major changes that will happen in the field marketing in canada: brands will start building loyalty through storytelling. The future trend of canadia
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 7: Natural Monopoly, State Ownership, Demand Curve

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10 Jan 2020
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A monopoly: one seller of a product. its product does not have close substitutes. the firm is a price setter. Why monopolies arise: the basic reason fo
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 1: Monopolistic Competition, Product Differentiation, Demand Curve

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10 Jan 2020
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Mc = mr and charge a price based on demand (just like a monopoly). In the sr, a monopolistically competitive firm behaves just like a monopolist. Sr ec
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 5: Market Economy, Opportunity Cost, Tim Hortons

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10 Jan 2020
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Economics: the study of how society allocates scarce resources to satisfy society"s unlimited wants. Scarcity: means that society has limited resources
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 2: Organizational Identification, Organizational Culture, Social Influence

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10 Jan 2020
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Punctuated equilibrium mode: a model of group development that describes how groups with deadlines are affected by their first meetings and crucial mid
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 3: Motivation, Work Motivation, Belongingness

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10 Jan 2020
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The extent to which persistent effort is directed toward a goal. What are the basic characteristics of motivation: effort, persistence, direction, goal
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 4: Social Cognitive Theory, Decision-Making, Stereotype

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10 Jan 2020
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This is the first week of organizational behaviour in terms of content and we have covered very distinctively unique topics. One of those topics includ
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 5: Positive Psychological Capital, Corporate Social Responsibility, Human Relations Movement

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10 Jan 2020
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture Notes - Lecture 1: Punctuated Equilibrium, Role Conflict, Social Loafing

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10 Jan 2020
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Group- two or more people interacting interdependently to achieve a common goal. Formal work groups- groups that are established by organizations to fa
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MCMASTERANTHROP 1AB3Karen Mc GarrySpring

ANTHROP 1AB3 Lecture 6: Reflection Rubric 1BA3 W18

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10 Jan 2020
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 1: Constitution Act, 1982, Patriation Reference, Judicial Activism

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10 Jan 2020
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 9: Hereditary Monarchy, De Facto, Royal Assent

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10 Jan 2020
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture 5: Political Science 1AA3 2017 Lecture 11a Federalism overhead

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10 Jan 2020
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Elements of federalism: constitution act, 1867, outlines areas of provincial and federal jurisdiction, each level of government is granted constitution
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 2: English Canada, Charter Of The French Language, Pierre Trudeau

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10 Jan 2020
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Elements of federalism: constitution act, 1867, outlines areas of provincial and federal jurisdiction, each level of government is granted constitution
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 11: Responsible Government, Charlottetown Accord

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10 Jan 2020
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Parliament: technically speaking, parliament refers to the crown, the house of commons, and the senate, any law must be approved by all three instituti
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 28: Criminal Law, Cross-Examination, Costs In English Law

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10 Jan 2020
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Superior court of justice only court with a jury. Deals with family issues, doesn"t not unify familie. Not all areas" of ontario to have unfied family
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 29: Private Law, Public Law, Property Law

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10 Jan 2020
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The law in its social and business context. Law sets basic standards of behaviour that are enforced by government, and also by individuals and groups w
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 27: Quantum Meruit, Condition Subsequent, Condition Precedent

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10 Jan 2020
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 21: Door Door, Financial Statement, Onion Ring

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10 Jan 2020
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Cause problems for someone else because they relied on your statement. Defendant negligently gave info to a 3rd party. 3rd party gave that information
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 22: Punitive Damages, Liquidated Damages, Rescission

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10 Jan 2020
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 32: Indian Act, Extortion, Undue Influence

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10 Jan 2020
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Drunkard took an intoxicant, cannot make a rational decision. Law is the same as infant except 2 diffrences. Obviously easier to prove your infant, the
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 33: Parol Evidence Rule, Small Claims Court, Chattel Mortgage

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10 Jan 2020
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 14: Napoleonic Code, Multiple Choice, Product Liability

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10 Jan 2020
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 16: Precedent, Vicarious Liability, Estoppel

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10 Jan 2020
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Say nothing about the facts until you have said everything about the law, don"t say who wins the case etc just at most come to a decision on each issue
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MCMASTERCOMMERCE 4SD3Paul StillmanWinter

COMMERCE 4SD3 Lecture Notes - Lecture 17: Personal Property, Res Ipsa Loquitur, Life Insurance

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10 Jan 2020
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Everyone is expected to know the law: we are talking about mistake of some fact that induced u to enter the contract. If the mistake was not made you w
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