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Theory of the Firm
This document is a summary of market power: perfect competition, monopolistic competition, oligopoly, monopoly. It has comprehensive information on cost/revenue curves: ATC, AVC, AFC, MC, MC, AR. The pros and cons of economies of scale as well as the difference between external and internal EofS. There are real-world examples given in terms of natural monopolies.
- Summary
- • 16 pages •
This document is a summary of market power: perfect competition, monopolistic competition, oligopoly, monopoly. It has comprehensive information on cost/revenue curves: ATC, AVC, AFC, MC, MC, AR. The pros and cons of economies of scale as well as the difference between external and internal EofS. There are real-world examples given in terms of natural monopolies.
Fluvial Landforms
This document is a summary of 3 landforms along a river: upper, middle and lower course. It provides an explanation of how a waterfall/meander/delta is formed with a diagram supporting it. It also contains how the landform has an impact on human life and examples of the landform around the world.
- Summary
- • 3 pages •
This document is a summary of 3 landforms along a river: upper, middle and lower course. It provides an explanation of how a waterfall/meander/delta is formed with a diagram supporting it. It also contains how the landform has an impact on human life and examples of the landform around the world.
International Trade
This document contains notes on globalisation; absolute/comparative advantage diagram; trade diagrams; trading bloc comparisons; currency in the forex market; key terms of international trade; exchange rate mechanism; balance of payments; World Trade Organisation; Marshall-Lerner Condition; exchange rates. This also includes a real-world example about currency movement (George Soros).
- Summary
- • 30 pages •
This document contains notes on globalisation; absolute/comparative advantage diagram; trade diagrams; trading bloc comparisons; currency in the forex market; key terms of international trade; exchange rate mechanism; balance of payments; World Trade Organisation; Marshall-Lerner Condition; exchange rates. This also includes a real-world example about currency movement (George Soros).
Microeconomics
This document is a summary that explains with diagrams of externalities: positive consumption externality, positive production externality, negative consumption externality, negative production externality. There is also a summary of common pool resources and public goods.
- Summary
- • 6 pages •
This document is a summary that explains with diagrams of externalities: positive consumption externality, positive production externality, negative consumption externality, negative production externality. There is also a summary of common pool resources and public goods.
Macroeconomics
This document is a summary of the key components of macroeconomics. This includes the business cycle; alternative measures of well-being; aggregate demand; aggregate supply; Keynesian vs Classical; unemployment; inflation; consumer price index (CPI); inequality.
- Summary
- • 19 pages •
This document is a summary of the key components of macroeconomics. This includes the business cycle; alternative measures of well-being; aggregate demand; aggregate supply; Keynesian vs Classical; unemployment; inflation; consumer price index (CPI); inequality.