Class notes Macroeconomic Theory Principles of Microeconomics, ISBN: 9781260326475
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Course
Macroeconomic Theory
Institution
Capilano University (CapU
)
Book
Principles of Microeconomics
This bundle is all in one for the whole course in one term! Principle of Macronomic. This includes all the PowerPoint from the professor and the explained in detail powerpoint (2 PowerPoint versions) that have all 13 chapters of the macroeconomic course. With my own personal class note and summary ...
Solutions and Test Bank For Principles Of Macroeconomics 10th Canadian Edition 10ce By Sayre Latest Update 2023-2024 Questions and Detailed Correct Answers 100% Complete Solution
Class notes Macroeconomic Theory Principles of Microeconomics, ISBN: 9781260326475
Summary Principles of Microeconomics, ISBN: 9781260326475 Macroeconomic Theory
All for this textbook (19)
Written for
Capilano University (CapU
)
Business Administration
Macroeconomic Theory
All documents for this subject (18)
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Content preview
Introduction
,Economics
Studies the ways that humans and societies organize
themselves to make choices about the use of scarce
resources , which are used to produce the goods and
services necessary to satisfy human wants and needs
Scarce =
limited
↳ human wants / needs
which are used to produce goods 1 services
output
input
COmmc
?⃝
,Macroeconomic
3
goals
-
:
+ Economic growth
+
Price
, Production Possibilities Moder
to move along
Good 41 . In order we have
some
to
good Y
carfice
good ✗
get
→
cioodx
to the right , economic growth
Red line -
Shift
produce
more
more resources,
↳
more
Eco growth → tech advance ,
✓ resources
resource ,
tech
don't have
→
e
→,
•
Good •
Y maximum output ( get the most production)
↑
1-
•
E
Outside the curve -
it's not sustainable
Good ✗
doesn't last
long
Inside the curve -
unemployment
Un
efficient
unemployment
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