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Full notes for Introductory Microeconomics
ECON1001 - Introductory Microeconomics
5 Found helpful • 27 Pages • Complete Study Notes • Year: Pre-2021
These are my full notes for ECON1001- Introductory Microeconomics for 2013. They are detailed with supporting diagrams and cover the whole unit. They include the topics: Introduction, scarcity and choice Supply and demand Elasticity Consumer and firm behavior Competitive markets; Auction markets – good strategies and bad designs Auctions Costs and the behavior of firms over time Perfect competition Monopoly Pricing Strategies with market power; Monopolistic competition Strategic interaction in markets – Oligopoly and game theory Public goods and externalities International Trade
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