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

Textbook Notes for Theresa Henry

  • 5 Results
  • About UW
UWECON 200Theresa HenryFall

ECON 200 Chapter Notes - Chapter 2: Starbucks, Cash Register, Opportunity Cost

OC11289934 Page
23 Oct 2016
4
2-1a the scientific method: observation, theory, & more observation. Economist as a scientist: try to explain the world. Ex: observation - living in a
View Document
UWECON 200Theresa HenryFall

ECON 200 Chapter 5: ECON Chapter 5 Notes Continue

OC11289932 Page
23 Oct 2016
3
View Document
UWECON 200Theresa HenryFall

ECON 200 Chapter 5: ECON Chapter 5 Notes

OC11289938 Page
23 Oct 2016
13
Elasticity: measure of the responsiveness of quantity demand or quantity supplied to a change in one of its determinants. 5-1a the price elasticity of
View Document
UWECON 200Theresa HenryFall

ECON 200 Chapter Notes - Chapter 1: Marginal Cost, Marginal Utility, Opportunity Cost

OC11289932 Page
23 Oct 2016
13
Scarcity: limited nature of society"s resources can"t always get what you want. Economics: study of how society manages its scarce resources. Economist
View Document
UWECON 200Theresa HenryFall

ECON 200 Chapter Notes - Chapter 3: Absolute Advantage, Comparative Advantage, Opportunity Cost

OC11289932 Page
23 Oct 2016
6
Ex: two goods in the world - meat & potatoes. Two people in the world - cattle rancher rose & potato farmer frank. Trading would allow them to enjoy a
View Document

Textbook Notes (280,000)
US (110,000)
UW (800)
ECON (60)
Theresa Henry (5)