MICROECONMICS

Description

These notes summarise lectures, APLIA quizzes and the textbook. Helpful definitions, graphs and diagrams are included too. The content is quite complex so these notes are formatted concisely and logically to ensure maximum benefit. Topics include (w1-12): Introduction Demand and Supply Elasticity of demand and supply World Trade Labour economics Externalities Public goods and common resources Costs of production Firms in competitive markets Monopoly Monopolistic competition Oligopoly