ECON1001: Microeconomics for Business Decisions
Subject notes for Newcastle ECON1001
These are the ECON1001 notes I used to obtain 99% in this subject. Microeconomics is very much a memory subject where if you can remember the content you will do well.
These notes are taken from the lecture slides, tutorials, textbook, pass sessions and workshops and represent a complete guide to get you through the course.
Nature and Method of Economics
The Economising Problem
Demand and Supply
Allocation and the Market System
Costs of Production
Demand for Economic Resources
Rent, Interest and Profits
Market Failure and Resource Allocation
Semester 1, 2015
Newcastle, Newcastle (Callaghan)