AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

Economics

Forum reference: 
Economics
Book page: 
http://course-notes.org/Economics

Supply & Demand Graphs

Subject: 
Economics
Rating: 
0
No votes yet
SocialTags: 
Consumer theory
Economics
Terminology
Digital media
Demand
Supply and demand
World Wide Web
Internet
CNote
Technology
Tags: 
supply
demand
Here are examples of how to properly draw a supply and demand graph with increasing supply and demand

Text automatically extracted from attachment below. Please download attachment to view properly formatted document.

---Extracted text from 404.jpg---

A Brief History of Economics

Subject: 
Economics
Rating: 
0
No votes yet
SocialTags: 
Economic theories
British people
English people
Keynesian economics
Economics
Macroeconomics
John Maynard Keynes
Tags: 
AP Economics
economic theory
Keynesian Economics
Karl Marx
John Maynard Keynes was a British economist whose ideas have greatly shaped modern macroeconomics, and indeed is credited as the father of all modern macroeconomics. His ideas are the basis for the school of thought known as Keynesian economics. Keynesian Economics states that some microeconomic decisions may lead to macroeconomic inefficiencies. In other words, if a small economy such as Arizona’s real estate market slips, it could cause the large economy it is a part of, the economy of the United States, to wane. Several branches of Keynesian Economics are used today. Adam Smith’s economic theory basically states that as long as people act in their own self interest, the economy will remain stable to its highest efficiency.

Principle Agent Problem

Subject: 
Economics
Rating: 
0
No votes yet
SocialTags: 
Human–computer interaction
Information Age
World Wide Web
Principal–agent problem
CNote
Film
Humanities
Animation
Technology

Nick Olson Per. 6 Principal Agent Problem My article was from BBC on about ?Rogue Doorstep Traders,? published on November 14th, 2009. The concept behind these rouge traders is that a private company of home improvement workers go door to door and sell their home improvement services to private houses. The parties agree on the adjustments being made and the trader does the work, but the work that the traders often do is a simple coat to cover up the old or worn part of the house.

externalities

Subject: 
Economics
Rating: 
0
No votes yet
SocialTags: 
Economics
Market failure
Law and economics
Environmental economics
Externality
Ronald Coase
Coase theorem
Externalities- When an economic transaction happens there are spillovers some bad and some good Spillover Costs (pollution, crime, etc) Spillover Benefits some good ( better health, quicker transportation) What should government do to externalities, when should they get involved People controlled Coase theorem- If there are no large bargaining costs, people will do what is best for both them and “community”. Lawsuits – Nuisance suits are common but do they contain spillovers? Punitive damages sometimes do the trick, but companies will always weigh activity versus cost of big lawsuit, Big tobacco, McDonalds’ coffee etc… Government action

AP economics Chapter 1-4 5-7 powerpoints

Subject: 
Economics
Rating: 
0
No votes yet
SocialTags: 
Digital media
Human–computer interaction
Information Age
World Wide Web
CNote
Internet
Humanities
Technology
Tags: 
AP Economics


Text automatically extracted from attachment below. Please download attachment to view properly formatted document.
---Extracted text from past/chapter_1_limits_alternatives_and_choices.ppt---

Text automatically extracted from attachment below. Please download attachment to view properly formatted document.
---Extracted text from past/chapter_2_the_market_system_and_the_circular_flow.ppt---

Text automatically extracted from attachment below. Please download attachment to view properly formatted document.
---Extracted text from past/chapter_3_demand_supply_and_market_equilibrium.ppt---

Text automatically extracted from attachment below.

Economics Semester Overview

Subject: 
Economics
Rating: 
0
No votes yet
SocialTags: 
Digital media
Human–computer interaction
Information Age
World Wide Web
CNote
Internet
Humanities
Technology
Tags: 
economics

MICROECONOMICS - TEST ONE NAME __________________________________ Forty-four multiple choice questions, each worth 2 points; and two short-answer questions, each worth 6 points. For each question, circle the best answer. 1. The study of economics is primarily concerned with: A) keeping private businesses from losing money. B) keeping economics professors from starving to death. C) choices that are made in seeking to use scarce resources efficiently. D) determining the most equitable (fair) distribution of the government's money. 2. Even though the Orlando Sentinel is inexpensive, people rarely buy more than one of them each day. This fact: A) is an example of irrational behavior.

AP Economics Unit 1 Vocabulary

Subject: 
Economics
Rating: 
0
No votes yet
SocialTags: 
Library science
Linguistics
Humanities
Digital media
Language
Learning to read
Lexicography
Vocabulary
World Wide Web
CNote
Internet
Library
Technology

Unit 1 Vocabulary Economics ? the social science concerned with the efficient use of scarce resources to achieve the maximum satisfaction of economic wants Economic perspective ? economic way of thinking Marginal analysis ? comparisons of marginal benefits and marginal costs Scientific method ? used to test a hypothesis and evolve it into a theory Theoretical economics ? the role of economic theorizing is to systematically arrange facts, interpret them, and generalize from them Principles ? statements about economic behavior or the economy that enable prediction of the probable effects of certain actions Generalizations ? economic principles are expressed as the tendencies of typical or average consumers, workers, or business firms

Pages

Subscribe to RSS - Economics

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!