Semester 1, 2016

ECON1101 Microeconomics Concise Notes

13 pages

3,582 words



Comprehensive ECON1101 notes for Mircoeconomics compiled from prescribed text and external sources provided in the course. Organised according to topics and key concepts clearly defined and supported with scenario examples.

Notes cover the following topics:
- Opportunity Cost and Comparative Advantage
- Perfectly Competitive Markets
- Supply in Perfectly Competitive Markets
- Demand and Supply: An Equilibrium Analysis
- Government Intervention: The Cost of Interfering with Market Forces
- International Trade