September 8th 2016
Textbook:MankiwNGregory,RonaldKneebone and Kenneth McKenzie Principles of
Microeconomics, 6Th edition 2014
What Economics is About:
Scarcity: limited resources to satisfy unlimited wants
September 20th 2016
Chapter 4: The Market Forces of Supply and Demand
What a competitive market is
What determines the demand for a good in a competitive market
What determines the supply of a good in a competitive market
Wilfrid Laurier University
MyWritingLab New Design with eText for Business Skills BU111 for Wilfrid Laurier University - 1/e
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Exam Prep: BU111
Questions to think about:
1. Connection: other concepts
What else doe sit link to and how?
o How is Porters 5 forces linked to the Diamond-E?
o How does PEST influence the Diamond-E?
2. Application: real life problems
What kind of quest