Subjects under University of Technology Sydney
Document Details

23115 Study Notes for First Year Economics

User Description:
All notes from first year economics micro and macro. Through going over all lecture slides.

Thinkswap Satisfaction Guarantee

Each document purchased on Thinkswap is covered by our Satisfaction Guarantee policy. If you are not satisfied with the quality of any document, or you believe the document was incorrectly described or categorised, Thinkswap will provide a full refund of exchange credits so you can check out another document. For more information please click here.

This student studied:
Claim a Thinkswap Bounty

Do you know if the Subject listed above has changed recently? Click report to earn free Exchange Credits!

Document Information:
73 Pages Complete Study Notes 1-2 Years old
Share

5 Ex Credits


Document Screenshots:
Topics this document covers:
Demand Consumer theory Market Microeconomics Elasticity Supply and demand Demand curve Economic equilibrium Tax incidence Excess supply Economics Supply
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

What are Exchange Credits:

Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive credits. These can then be used to checkout other documents on Thinkswap.

Topics this document covers:
Demand Consumer theory Market Microeconomics Elasticity Supply and demand Demand curve Economic equilibrium Tax incidence Excess supply Economics Supply
Sample Text:
s Lecture 1- The Market Forces of Supply and Demand (Chapter 4) • Theory of Supply and Demand (S&D): • How buyers and sellers behave and interact with one another in competitive markets • Shows how interaction between buyers and sellers determines quantity of each good/service (G&S) produced and price it is sold in a competitive market Markets and competition • Market: Group of buyers and sellers of a G&S • Whenever group of buyers and sellers interact to trade G&S= market • Can occur in physical forms (shopping centre) or virtual (internet) • Markets take many forms- some are highly organised (fish market auction in Sydney) some less organised (market for ice-cream in Sydney) • Competitive market- so many buyers and so many sellers that each has negligible impact on market price • The smaller the ability each buyer and seller has on the marke...
Similar Documents to 23115 Study Notes for First Year Economics

Lec 1-6 Economics Notes

This student studied:
University of Technology Sydney - 23115 - Economics For Business

Lecture 1 to 6 of Economic notes full details,graphs included,definitions and notes

5 Ex Credits

View Details

BSB113 Lecture and Tutorial Notes

This student studied:
Queensland University of Technology - BSB113 - Economics

Lecture and Tute notes from semester 2, 2017. Notes form lectures 2, 4 and 7 cover all the theory needed for the essay

5 Ex Credits

View Details

BSB113 Lecture 1-8 Notes

This student studied:
Queensland University of Technology - BSB113 - Economics

First 7 lectures is about Microeconomics - supply and demand, equilibrium, elasticity etc. Last lecture is about Macroeconomics - GDP.

1 Ex Credit

View Details

Elasticity, Market Outcomes & Market Intervention Notes

This student studied:
University of Canberra - 6355 - Introduction to Economics

Measuring the price elasticity of demand, What determines price elasticity of demand?

1 Ex Credit

View Details