Economics for Business Notes

Description

These notes include all lecture slides as well as additional information from the textbook. Topics Covered 1) introduction 2) demand and supply 3)Equilibrium, Elasticity 4) Government Policies 5) Efficiency of Markets; the cost of taxation 6) Externalities 7) Macroeconomics; Macro Variables: GDP and Price Indices 8) Macroeconomic Problems: Unemployment, Inflation 9) Aggregate Demand and Supply model 10) Monetary Policy and Fiscal Policy 11) External Sector; Balance of Payments; Exchange rates