Interactive Class Notes

         Updated 12/14/15             


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Math Reviews of basic math and calculus for microeconomics from R. L. Reynolds, Boise State.
Math for Economics Formula Sheet in depth but concise math review with some requiring calculus.

Introduction to Macroeconomics  
Part I Understanding Economic Activity
1) Economics Defined
2) Economizing Scarce Resources
3) Characteristics of Market System Capitalismand Political Economy
4) Demand and Supply
5 Key Economic Questions Society Must Answer
6) Government's Economic Functions

Market System Participants     Test Review # 1

Introduction to Microeconomics
Part I How Demand and Supply Affect Profit
19) Elasticity of Demand Affects Total Revenue
20) Consumer Behavior and Demand Theory
21) How Cost of Production Affects Supply
22) Analyzing Profit

Test Review Notes for How Demand & Supply Affect Profit 


Part II Understanding Total Economic Activity
8) Measuring Total Economic Activity
9) The Business Cycle
A. Financial Crisis   is our free Internet course
B. The Great Recession is ongoing

10) Macro Equilibrium
11) Competing Macro Theories and Issues

12 Keynesian Economics: An Expanded View

13 Money, Banking, and the Creation of Money
Macro Test Review 2   Please 

Part II Product and Factor Markets Introduction/Overview
23) Pure Competition
24) Monopoly

25 Monopolistic Competition
26) Oligopoly
27) Demand for Economic Resources
28) Wage Determination

29) Rent, Interest, and Profit
Micro Test Review Notes 2
2015 Political Controversies
 examine poverty, middle class stagnation, politics and capitalism.

Part III Controlling Total Economic Activity
14) Fiscal Policy
15) Monetary Policy  See The Great Recession

Economics 16 Stagflation and Supply-Side Econ
17) Budget Deficits 
See Democratic Capitalism vs. Capitalistic Democracy 

18) Economic Growth

See The Effect of Income Tax Rates on the Economy

Macro Test Review Notes 3
Appendix A International Trade
Appendix B Great Recession
Appendix C A Brief History of U S Banking Problems
Appendix D History/Politics Book Summaries
Epilogue: Democratic Capitalism vs. Capitalistic Democracy

Part III Government Activity, Capitalism, and Our Mixed Economy

30) Public Goods Help When Markets Fail
31) Market Based Government Externality Intervention
32) Antitrust and Other Government Regulation
33) Distributing Income

Micro Test Review Notes 3
Appendix A International Trade
Appendix B Great Recession
Appendix C A Brief History of U S Banking Problems
History of Economic Thought Course is one of our free economics courses.
 Democratic Capitalism vs. Capitalistic Democracy
Free Economics Textbooks    

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