HD ECON1101 MICROECONOMICS NOTES

Description

These are concise and comprehensive notes which can help you achieve an HD in ECON1101. They are filled with diagrams and succinct explanations. Topics covered: 1. Comparative advantage and the basis for free trade 2. Supply in perfectly competitive markets 3. Demand in perfectly competitive markets 4. Perfectly competitive markets (demand and supply - an equilibrium analysis) 5. Perfectly competitive markets (Government Intervention: The cost of interfering with Market Forces) 6. Perfectly competitive markets (International trade) 7. Imperfectly competitive markets (monopoly) 8. Imperfectly competitive markets (oligopoly) 9. Imperfectly competitive markets (externalities) 10. Imperfectly competitive markets (public goods)