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

Textbook Notes for A. Gatchalian

SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 20 : Gdp Deflator, Aggregate Supply, Aggregate Demand

OC23739866 Page
13 Mar 2018
0
Fact 1: economic fluctuations are irregular and unpredictable. Are not regular, and are almost impossible to predict with much accuracy. Real gdp is th
View Document
SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 5: Midpoint Method, Demand Curve, Normal Good

OC23739863 Page
15 Feb 2018
0
The price elasticity of demand and its determinants. Elasticity - measure of how much buyers and sellers respond to changes in market conditions. Measu
View Document
SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 6: Price Ceiling, Price Floor, Economic Equilibrium

OC23739862 Page
15 Feb 2018
0
Government imposes a legal maximum on the price at which a product can be sold. Price ceiling - price is not allowed to rise above this level, legislat
View Document
SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 2: Opportunity Cost

OC23739864 Page
4 Feb 2018
0
Devise theories, collect data, and then analyze these data in an attempt to verify or refute their theories. Scientific method - dispassionate developm
View Document
SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 1: Opportunity Cost, High Standard Manufacturing Company, Invisible Hand

OC23739863 Page
1 Feb 2018
0
Guns and butter - the more a society spends on a national defense (guns) to protect its shores from foreign aggressors, the less it can spend on consum
View Document
SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 10-11: Gdp Deflator, Nominal Interest Rate, Real Interest Rate

OC23739864 Page
1 Mar 2018
0
Measures total income of everyone in the economy and the total expenditure on the economy"s output of goods and services. Can perform the trick of meas
View Document
SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 15&16: Federal Funds Rate, Debit Card, Monetary Policy

OC23739866 Page
4 Mar 2018
0
Bureau of labor statistics produces data on unemployment, length of the average workweek, and the duration of unemployment. Employed - includes those w
View Document
SDSUECON 101A. GatchalianFall

ECON 101 Chapter Notes - Chapter 3&4: Absolute Advantage, Comparative Advantage, Opportunity Cost

OC23739864 Page
9 Feb 2018
0
View Document

Textbook Notes (280,000)
US (110,000)
SDSU (900)
ECON (20)
A. Gatchalian (8)