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Textbook Notes for Robert Gateman

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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 13: Market Power, Demand Curve, Takers

OC18920263 Page
1 Dec 2018
0
Econ 101 lecture 13 monopoly: theory of monopoly: single price, assumptions of monopoly. There is no competition in monopoly i: monopoly market structu
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 12: Monopolistic Competition, Perfect Competition, Market Power

OC18920266 Page
24 Nov 2018
0
Econ 101 lecture 12 competitive markets: market structure and firm behaviour, market structure is the genetic features of market that affect firm behav
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 11: Profit Maximization, Technological Change, Indifference Curve

OC18920264 Page
17 Nov 2018
0
Econ 101 lecture 11 producers in the long run: the long run: no fixed factors, profit maximization and cost minimization i. ii. iii. Revenues are unkno
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 10: Ceteris Paribus, Inflection Point, Marginal Product

OC18920265 Page
9 Nov 2018
0
Q = f(n, k) (labour varies, k is constant: three concepts relating output q to variable factor n ii. iii. i. Extra output form one last unit of input.
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 9: Limited Liability Partnership, Legal Personality, Limited Partnership

OC18920264 Page
5 Nov 2018
0
Econ 101 lecture 9 producers in the short run: the role of the firm, forms of business organizations i. ii. A firm is a self-contained profit maximizin
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 8: Economic Surplus, Decision Theory, Reservation Price

OC18920263 Page
28 Oct 2018
0
Econ 101 lecture 8 consumer behaviour con"t: consumer surplus, the concept, mux = px/py x muy, from condition for tu max. Assume: y = money, p($) = 1,
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 7: Ceteris Paribus, Marginal Utility, Demand Curve

OC18920263 Page
21 Oct 2018
0
Econ 101 lecture 7 consumer behaviour: marginal utility analysis, household and market demand, market demand = household demand ii, you add horizontall
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 6: Price Support, North American Free Trade Agreement, Ad Valorem Tax

OC18920263 Page
12 Oct 2018
0
Econ 101 lecture 6 markets in action con"t: agriculture and the farm problem, long and short run problems i. The problems: short term- farm prices (inc
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 5: Price Ceiling, Price Floor, Tax Incidence

OC18920264 Page
9 Oct 2018
0
Interaction among markets: markets affects one another during operation and this creates spillovers or feedbacks i. An increase in the technology for p
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UBCECON 101Robert GatemanFall

ECON 101 Lecture Notes - Lecture 4: Ceteris Paribus, Normal Good, Inferior Good

OC18920264 Page
6 Oct 2018
0
Econ 101 lecture 4 elasticity: price elasticity of demand, measurement i. ii. iii. iv. v. Price elasticity of demand where e = location and inclination
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UBCECON 101Robert GatemanFall

ECON 101 Chapter Notes - Chapter 1: Government Debt, Canadian Living, Opportunity Cost

OC9273333 Page
20 Apr 2016
63
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UBCECON 101Robert GatemanWinter

ECON 101 Chapter 9 - 10: Competitive Market, Monopoly, Cartels, Price Discriminations

OC117349418 Page
24 Nov 2016
14
The italic texts are quoted from the textbook. !2: average revenue(ar) - total revenue divided by quantity sold; this is the market price when all unit
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UBCECON 101Robert GatemanWinter

ECON 101 Chapter Notes - Chapter 1-2: Planned Economy, Marginal Cost, Opportunity Cost

OC11734948 Page
26 Sep 2016
27
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UBCECON 101Robert GatemanFall

Economics 101 key terms.docx

OC1738694 Page
6 Feb 2014
30
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UBCECON 101Robert GatemanFall

Economics 101 chapter 8 notes.docx

OC1738693 Page
6 Feb 2014
53
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UBCECON 101Robert GatemanWinter

ECON 101 Chapter 16: Market Failures & Government intervention

OC117349415 Page
3 Dec 2016
21
The italic texts are quoted from the textbook. !2 i. in free markets producers have pro t incentives and tend to develop new products which may have la
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UBCECON 101Robert GatemanFall

Econ 101 Chapter 1-12 vocab.docx

OC23010814 Page
15 Dec 2013
38
Resources used to produce goods and services; frequently divided into basic categories of land, labor, and capital. Tangible commodities, such as cars
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UBCECON 101Robert GatemanFall

ECON 101 Chapter Notes - Chapter 1: Externality, Marginal Utility, Mass Production

OC821244 Page
8 Dec 2012
49
Economy: a system in which scarce resources are allocated among competing uses. An economy based on a free market system is self organizing. Individual
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UBCECON 101Robert GatemanWinter

ECON 101 Chapter 3-4: ECON 101 Chapter 3-4: Demand&Supply + Elasticities - Main Ideas

OC117349414 Page
7 Oct 2016
133
The italic texts are quoted from the textbook. Chapter 3: demand, supply and price: demand i. Ceteris paribus: we discuss the effect of one factor but
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UBCECON 101Robert GatemanFall

ECON 101 Chapter Notes - Chapter 4: Price Elasticity Of Demand, Demand Curve, Economic Equilibrium

OC9273333 Page
20 Apr 2016
15
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UBCECON 101Robert GatemanFall

ECON 101 Chapter Notes - Chapter 1: Resource Allocation, Mixed Economy, Opportunity Cost

OC4945452 Page
31 May 2016
87
Economics is the study of the use of scarce resources to satisfy unlimited human wants. Factors of production resources used to provide goods and servi
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UBCECON 101Robert GatemanFall

ECON 101 Chapter Notes - Chapter 7: Longrun

OC1738695 Page
6 Feb 2014
30
What are firms: single proprietorship > a firm that has one owner who is personally responsible for the firm"s actions and debt"s, ordinary partnership
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