ECON1001 Notes Used for High Distinction Grade

Description

These notes cover each week of the ECON1001 course notes and were used by me to achieve my High Distinction mark. These notes cover the following topics: 1. Key Economic Concepts 2. PPF and Tradeoffs in the Market 3. Market Demand: How consumers behave in the market 4. Market Supply: How Firms behave in the market 5. Market Equilibrium: Putting Demand and Supply Together 6. Elasticity: How responsive is Supply and Demand 7. Welfare and Efficiency of Markets 8. Utility Maximisation and Firm Maximisation 9. Different Market Structures 10. International Trade 11. Private vs Public Goods and Externalities 12. Auctions