Econ1-Fall2010-01-Intro-handout

Econ1-Fall2010-01-Intro-handout - CourseDescription...

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Economics 1 Principles of Microeconomics Administrative Issues & 1. Administrative Issues & Introduction Fall 2010 Herb Newhouse 1 ourse Description Course Description This course begins by giving a brief overview of why individuals interact in market settings. We then discuss demand, supply and market equilibrium. We also examine how individuals make consumption choices, how firms behave under perfect competition and hy perfectly competitive markets lead to efficient why perfectly competitive markets lead to efficient outcomes. nally we discuss international trade and introduce market Finally, we discuss international trade and introduce market imperfections and monopoly. here are no prerequisites for the course. There are no prerequisites for the course. 2 ctures Lectures A rough sketch of the lecture notes will be vailable in df rmat on ebCT e night available in pdf format on WebCT the night before lecture. will annotate the lecture notes in class I will annotate the lecture notes in class. The annotated notes are NOT available outside of class. I encourage you to ask questions during lecture! If you miss a lecture borrow someone’s notes. TA d I ill t l fill i th t The TAs and I will not help you fill in the notes.
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This note was uploaded on 06/12/2011 for the course CS 1 taught by Professor Staff during the Fall '08 term at Cornell University (Engineering School).

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Econ1-Fall2010-01-Intro-handout - CourseDescription...

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