Econ 2000

Clemson University

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ECON-2000 Class Notes on Trade, Opportunity Cost, and Demand Concepts
  • ECON-2000 Class Notes on Trade, Opportunity Cost, and Demand Concepts

  • Class notes • 3 pages • 2025
  • This set of notes covers key economic concepts like international trade, opportunity cost, comparative advantage, demand, and more. These notes provide detailed explanations of complex topics like the production possibility curve, economies of scale, and the impact of political and economic factors on trade. It also delves into the theory of demand, exploring factors influencing the demand curve and its downward slope, such as marginal utility, income, and substitution effects.
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