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Appendix to Chapter 1

Appendix to Chapter 1 - 3 To solve simple systems with two...

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Appendix to Chapter 1 -- Working With Equations, Graphs, and Tables Introduction to Microeconomics (E, F, G) Fall 2008 Prepared by Sylvie Démurger IMPORTANT NOTE: Mathematics and formal logic are very important tools for understanding and using economics and economic reasoning. If you are interested in economics, even as a minor field of study, you will need knowledge in mathematics. List of the important skills that are required for taking and understanding ECON1001: 1. To read simple verbal descriptions and translate them into equations and graphs. 2. To translate information given in tables into an equation or graph
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Unformatted text preview: 3. To solve simple systems with two equations and two unknowns. PURPOSE: The purpose of this Appendix is to provide minimal expertise in using mathematics to work with economic phenomena, concepts, and problems. HOW TO PROCEED: 1. Read carefully the whole Appendix provided in the textbook (Frank, Robert H. and Ben S. Bernanke (2007): Principles of Microeconomics , 3rd edition, McGraw-Hill), pages 24-33. 2. Practice by doing the exercises. 3. Make sure that you understand equations, graphs, and tables. 4. If you need further assistance and help in understanding this Appendix, please feel free to ask....
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