ECON1010 (ECON)

These notes provide a comprehensive overview of key concepts in the area of Production and Costs within microeconomics. They are structured into four main sections: Production Functions (Short-Run and Long-Run), Isoquants and Isocosts, Cost Functions (Total, Average, and Marginal Costs), and Economies and Diseconomies of Scale.These notes are essential for students studying microeconomics, offering clear and structured explanations of how firms make production and cost-related decisions to maxim...

These notes offer a detailed exploration of two key concepts in consumer theory within microeconomics: Income and Substitution Effects and Indifference Curves and Marginal Rate of Substitution. These notes are essential for students studying microeconomics, providing clear and structured explanations of how consumers make decisions and how these decisions can be graphically represented and analyzed.

These notes offer a thorough overview of key concepts in Consumer Theory, which is a fundamental area of microeconomics. The notes are divided into three main sections: Preferences and Utility, Budget Constraints, and Consumer Choice and Demand Curves. They are designed to be an essential resource for students studying microeconomics, providing a clear and structured explanation of consumer behavior, decision-making processes, and the derivation of demand in markets.

This document offers a detailed introduction to microeconomics at the university/college or high school level, focusing on the key concepts of Consumer Theory. The content is divided into three main sections: Preferences and Utility, Budget Constraints, and Consumer Choice and Demand Curves. These notes serve as an essential resource for students studying microeconomics, providing a clear and structured explanation of consumer behavior, decision-making processes, and the derivation of demand in ...