Description

Notes from lectures one to twelve, includes graphs from the textbook. Very detailed and include own work. Topics covered: - opportunity cost and comparative advantage - perfect competitive markets (main topics include: supply curve, demand curve, price elasticity, market equilibrium, price ceiling, price floor, exports and imports) - imperfectly competitive markets (main topics include: monopoly, government regulation, market power, cartel games, coordination game, externalities and public goods)


UNSW

Semester 1, 2016


23 pages

7,388 words

$34.00

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