Exams are coming!
Get ready with premium notes and study guides!

Textbook Notes for ECON 230D1 at McGill University

MCGILLECON 230D1Irakli JaparidzeFall

ECON 230D1 Chapter Notes - Chapter 1: Demand Curve, Root Mean Square

OC13763882 Page
0
De nitions: microeconomics: how individuals and rms make themselves as well off as possible with the scarce amount of resources that are available, mar
View Document
MCGILLECON 230D1Irakli JaparidzeFall

ECON 230D1 Chapter Notes - Chapter 2: Shortage, Market Power, Perfect Competition

OC13763882 Page
0
Diff factors in uence d, like price, tastes, advertising, information/misinformation, prices of other goods (subs and complements), income, gov rules a
View Document
MCGILLECON 230D1Irakli JaparidzeFall

ECON 230D1 Chapter Notes - Chapter 3: Tax Incidence, Ad Valorem Tax

OC13763881 Page
0
Chapter 3: applying the s and d model. How shapes of s and d curves matter. When there is a shock, eq price and quantity is affected. But depends on th
View Document
MCGILLECON 230D1Ling Ling ZhangFall

ECON 230D1 Chapter 9: Chapter 9

OC23521189 Page
0
View Document
MCGILLECON 230D1Irakli JaparidzeFall

ECON 230D1 Chapter Notes - Chapter 4: Budget Constraint, Bounded Rationality, Newstalk Zb

OC13763882 Page
0
A consumer ranks bundles of goods according to the pleasure they get from their consumption. Completeness: a consumer must be able to decide which bund
View Document
MCGILLECON 230D1Ling Ling ZhangFall

ECON 230D1 Chapter 8: Chapter 8

OC235211811 Page
0
Price taking: economists say a market is competitive when each rm in the market is a price taker. The rm has to be a price taker if it faces a demand c
View Document
MCGILLECON 230D1Wladimir ZanoniFall

ECON 230D1 Chapter Notes - Chapter 1: Syllogism

OC21386472 Page
0
View Document
MCGILLECON 230D1Ling Ling ZhangFall

ECON 230D1 Chapter 6: Chapter 6

OC235211810 Page
0
These rms operate under a partnership agreement: cooperations are owned by shareholders in proportion to the number of shares or amount of stock they h
View Document
MCGILLECON 230D1Irakli JaparidzeFall

ECON 230D1 Chapter Notes - Chapter 5: Greek People'S Liberation Army, Tax Rate, Engel Curve

OC13763882 Page
0
Consumer theory is uses to show how much the qd of a good falls as its p rises. When p rises, budget constraint shifts, forcing consumer to choose new
View Document
MCGILLECON 230D1Ling Ling ZhangFall

ECON 230D1 Chapter Notes - Chapter 7: Sunk Costs, Durable Good, Isoquant

OC23521187 Page
0
Alternatively, this rm could have chosen to invest the ,000,000 into capital (k), shifting the isoquant and level of production outwards. If an expendi
View Document
MCGILLECON 230D1Fabian LangeFall

ECON 230D1 Chapter Notes - Chapter 2: Economic Equilibrium, Demand Curve

OC10145103 Page
2
View Document
MCGILLECON 230D1Ling Ling ZhangFall

ECON 230D1 Chapter Notes - Chapter 2: Invisible Hand, Economic Equilibrium, Root Mean Square

OC23521183 Page
0
A demand curve is a graph which shows the relationship between quantity demanded and price levels. (they can be smooth or wavy. ) The e ect of price on
View Document
Showing 1 — 12 of 29 results
View all professors (6+)

Textbook Notes (270,000)
CA (160,000)
McGill (5,000)
ECON (300)
ECON 230D1 (20)