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ECC1000 - Principles of Microeconomics
31 Pages • Complete Study Notes • Year: Pre-2021
A conprehensive write up of all the weeks from 1 to 11 on microeconomics. Week 1 – Economics & the Economy Week 2 – The Market: Demand and Supply Week 3 – The Market: Equilibrium & Efficiency Week 4 – Market Failure: Information failures & externalities Week 5 – Market Failure: Public goods & Government Intervention (policies) Week 6 – Government Failure: The costs of taxation and international trade restrictions Week 7 – The Firm: Industry analysis & the costs of production Week 8 – The Firm: Perfect competition & Monopolistic competition Week 9 - The Firm: Monopoly Week 10 – The Firm: Oligopoly Week 11 - The Factor Market: Labour, Wages & Inequality
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