Textbook Notes for Michael Solyom

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SFUECON 102Michael SolyomSummer

ECON 102 Chapter Notes - Chapter 1: Perfect Competition, Marginal Cost, Kenneth Arrow

OC9852833 Page
10 Jun 2016
24
A world of truth leads to a perfect efficient economy. Efficient economy: its impossible to make someone better off w/o making someone else worse off.
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SFUECON 102Michael SolyomSummer

ECON 102 Chapter Notes - Chapter 2: Demographic Transition, Industrial Revolution, Economic Equilibrium

OC9852832 Page
10 Jun 2016
26
The biggest beneficiary of the industrial revolution has so far been the unskilled: despite fears that machines swallow men. Great divergence: the indu
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