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MCGILLECON 313John KurienWinter

ECON 313 Chapter 1-8: textbook notes.docx

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MCGILLECON 209Paul DickinsonWinter

ECON 209 Chapter Notes - Chapter 19-25: Real Interest Rate, Gdp Deflator, Disposable And Discretionary Income

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National product: most comprehensive measure of a nation"s overall level of economic activity value of its total production of goods and services. Aggr
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MCGILLECON 336Christopher GreenFall

ECON 336 Chapter Notes - Chapter 4: Deng Xiaoping, Profit Maximization, Transact

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Overall reform process consists of two phases: the dual-track reforms. Markets and competition were introduced within the existing framework: the secon
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MCGILLECON 313John C KurienWinter

ECON 313 Chapter Notes - Chapter 1: Millennium Development Goals, Gross Domestic Product, Gross National Income

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Absolute poverty: a situation of being unable to meet the minimum levels of income, food, clothing, healthcare, shelter, and other essentials. Over 40%
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MCGILLECON 209Sara HayatiFall

ECON 209 Chapter Notes - Chapter 20: Gross Domestic Product, Fixed Investment, National Accounts

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Intermediate goods are outputs of some firm that are used as inputs by other firms in a further stage of production. Final goods are products that are
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MCGILLECON 313Matthieu CheminFall

ECON 313 Chapter Notes - Chapter 3: Comprador, Capital Accumulation, Real Wages

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Theorists of the 1950s and 1960s viewed the process of development as a series of successive stages of economic growth through which all countries must
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MCGILLECON 209Sara HayatiFall

ECON 209 Chapter Notes - Chapter 22: Disposable And Discretionary Income, Canadian Dollar, Consumption Function

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Fiscal policy: the use of the government"s tax and spending policies to achieve government objectives. Net tax revenues: taxes reduce households" dispo
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MCGILLECON 336Christopher GreenFall

ECON 336 Chapter Notes - Chapter 20: Fixed Capital, Intellectual Property, Tropical Cyclone

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Even though china has attracted a lot of foreign investment a lot of the capital stock comes from domestic investment, which is mostly financed by dome
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MCGILLECON 209Sara HayatiFall

ECON 209 Chapter Notes - Chapter 19: Output Gap, Potential Output, Full Employment

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MCGILLECON 230D2idkWinter

ECON 230D2 Chapter 12: Chapter 12

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MCGILLECON 230D2idkWinter

ECON 230D2 Chapter 11: Notes

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Monopoly: occurs when there is only one firm dominating the market, other firms cannot enter, price setter. Mr and price: r = p*q, mr = r". Mr and pric
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MCGILLECON 336Christopher GreenFall

ECON 336 Chapter Notes - Chapter 1: South Manchuria Railway, Agricultural Extension, Boxer Protocol

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China"s economic growth has been more robust in coastal provinces than in inland provinces. Southern coastal regions are now both richer and faster gro
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