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Study Guides for Economics at McMaster University


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MCMASTERECON 2GG3Anastasios PapanastasiouSummer

ECON 2GG3 Study Guide - Comprehensive Final Exam Guide - Page 3, Engel Curve

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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03- Final Exam Guide - Comprehensive Notes for the exam ( 29 pages long!)

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MCMASTERECON 2T03Zhen HeFall

ECON 2T03- Final Exam Guide - Comprehensive Notes for the exam ( 32 pages long!)

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MCMASTERECON 3W03Robert JeffersonWinter

ECON 3W03- Final Exam Guide - Comprehensive Notes for the exam ( 25 pages long!)

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Covering - questions and issues, special characteristics, methodologies. Minerals, lumber, water, arable land - all these are simply inputs to a produc
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MCMASTERECON 1B03Hannah HolmesWinter

ECON 1B03- Final Exam Guide - Comprehensive Notes for the exam ( 61 pages long!)

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Study of how society allocates scarce resources to satisfy society"s unlimited wants. Resources are scarce/limited so we need to come up with a way to
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MCMASTERECON 1B03Hannah HolmesFall

ECON 1B03- Final Exam Guide - Comprehensive Notes for the exam ( 42 pages long!)

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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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MCMASTERECON 1B03Hannah HolmesWinter

ECON 1B03- Final Exam Guide - Comprehensive Notes for the exam ( 27 pages long!)

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How households and firms make decisions and how they interact in specific markets: macroeconomics: focuses on things which effect the economy as a whol
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MCMASTERECON 1BB3Bridget O' ShaughnessySpring

ECON 1BB3- Final Exam Guide - Comprehensive Notes for the exam ( 23 pages long!)

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MCMASTERECON 1B03Hannah HolmesFall

ECON 1B03- Final Exam Guide - Comprehensive Notes for the exam ( 23 pages long!)

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Budget constraint - the outermost boundary of possible purchase combinations that a person can make, given how much money they have and the price of th
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MCMASTERECON 2D03David FeenyFall

ECON 2D03- Final Exam Guide - Comprehensive Notes for the exam ( 47 pages long!)

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Pure competition: a market in which many producers sell a standardized (identical) product to many buyers. Market power: the ability of an individual f
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MCMASTERECON 1B03Aleksandra GajicFall

ECON 1B03- Final Exam Guide - Comprehensive Notes for the exam ( 26 pages long!)

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Demand ; how much people actually value that good. When price in good changes, demand curve goes up and down. When cheaper good comes out that is subsi
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MCMASTERECON 1B03Hannah HolmesFall

ECON 1B03- Final Exam Guide - Comprehensive Notes for the exam ( 72 pages long!)

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Module #53 - 13. 7 consumer theory: how price and. How changes in income affect a consumer"s choice. An increase in income shifts the budget constraint
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