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Study Guides for COMM 220 at Concordia University

Analysis Of Markets

Exam Study Guides for COMM 220

Covers all exam topics.

COMM 220 Study Guide - Final Guide: Diesel Fuel, Perfect Competition, Market Price

Chapter 1 Preliminaries Trade-Offs - Consumers: Limited incomes. Their interest is their well being. Make trade-off decisions that would maximize well-being. - Workers: Decide when to enter the workforce, or make a trade-o...

Commerce
COMM 220
Somers Bertram
COMM 220 Study Guide - Final Guide: Price Level, Normative Economics, Consumer Choice

CHAPTER 1 Microeconomics: deals with the behavior of individual economic units (consumers, workers, investors, owners of land, business firms). Explains how and why these units make economic decisions Is about limits (limi...

Commerce
COMM 220
Somers Bertram
COMM 220 Study Guide - Midterm Guide: Price Level, Normative Economics, Consumer Choice

COMM 220 MIDTERM NOTES: CH 1-5 CHAPTER 1 Microeconomics: deals with the behavior of individual economic units (consumers, workers, investors, owners of land, business firms). Explains how and why these units make economic ...

Commerce
COMM 220
Somers Bertram
COMM 220 Study Guide - Final Guide: Business Cycle, Liquidity Preference, Adverse Selection

COMM 220 - FINAL REVIEW CHAPTER 1 Real Price = (CPIbase / CPIcurrent) * Nominal Pricecurrent % change = [(current - base)/base]*100 ...

Commerce
COMM 220
Amr Addas
COMM 220 Study Guide - Final Guide: Mercantilism, Opportunity Cost, Standard Deviation
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COMM 220 Final Exam CHAPTER 1 Positive versus Normative Analysis Competitive versus NonCompetitive Markets The Extent of the Market Real versus Nominal Prices CHAPTER 2 How to derive a supply and demand curve (Isolate the ...

Commerce
COMM 220
Amr Addas
COMM 220 Study Guide - Final Guide: Spot Contract, Pareto Efficiency, Comparative Advantage
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TOPIC 8 The difference in interest rates between 2 countries sends a message about how the market expects an exchange rate to change. GAINS FROM SPECIALIZATION & TRADE England can produce as much as 30,000 liters of wine...

Commerce
COMM 220
Greg Lypny
COMM 220 Study Guide - Final Guide: Indifference Curve, Utility
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TOPIC 2 Utility Theory – Mathematical functions that represent taste & greed in an economically meaningful way. Choices and responses to change in prices and income can then be predicted. Utility – What do I get out of ...

Commerce
COMM 220
Greg Lypny
COMM 220 Study Guide - Final Guide: Vacuum Cleaner, Cash Flow, Utility
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TOPIC 5 The production possibility curve is the most of one good that can be produced for a given amount of the other good. It’s like the utility function – but for people, it’s a model of tastes – for a firm, it’s a mo...

Commerce
COMM 220
Greg Lypny
COMM 220 Study Guide - Final Guide: Interest Rate Risk, Opportunity Cost, Deposit Insurance
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TOPIC 9 Borrow to consume more now at the cost of having less later; lend to consume more later by giving up some now. Having the choice of shifting consumption across time leaves us better off. BONDS Bonds are risky. ...

Commerce
COMM 220
Greg Lypny
COMM 220 Study Guide - Final Guide: Edgeworth Box, Pareto Efficiency, Aggregate Demand
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Topic 3 When you aggregate demand, it affects prices and choices – this goes back and forth until everyone is heading towards C*, this causes the price ratio to settle down. Demand affects the price C* is partial equil...

Commerce
COMM 220
Greg Lypny
COMM 220 Study Guide - Final Guide: Rational Expectations, Adverse Selection, Moral Hazard
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Topic 7 Why might a market fail? What characteristics screw up the optimum? # 1 – ECONOMIES OF SCALE: If a firm can lower costs without end just by getting bigger, it will come to dominate a market and wield monopoly p...

Commerce
COMM 220
Greg Lypny
COMM 220 Study Guide - Final Guide: Tax Shield, Demand Curve, Cash Flow
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Topic 6 Taxes reduce incomes – subsidies lower price (sometimes for select groups). Let’s say that borrowers & lenders are taxed at 50% and that this rate applies to all of the other usual types of income and expenses –...

Commerce
COMM 220
Greg Lypny
[COMM 220] - Final Exam Guide - Ultimate 42 pages long Study Guide!
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[COMM 220] Comprehensive Final Exam guide including any lecture notes, textbook notes and exam guides.find more resources at oneclass.com find more resources at oneclass.com...

Commerce
COMM 220
Loretta Hung
[COMM 220] - Final Exam Guide - Comprehensive Notes fot the exam (38 pages long!)
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[COMM 220] Comprehensive Final Exam guide including any lecture notes, textbook notes and exam guides.find more resources at oneclass.com COMM 220 Chapter 2 – The basics of Supply and Demand Supply-Demand analysis ...

Commerce
COMM 220
Somers Bertram
[COMM 220] - Midterm Exam Guide - Ultimate 38 pages long Study Guide!
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[COMM 220] Comprehensive Midterm Exam guide including any lecture notes, textbook notes and exam guides.find more resources at oneclass.com COMM 220 Chapter 2 – The basics of Supply and Demand Supply-Demand analy...

Commerce
COMM 220
Somers Bertram

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