Economics Interactive
         Class Notes

prepared and continually updated by  Walter Antoniotti author of Free Quick Notes Course Outlines      e-mail Walter  

Math Review is a short review of basic dynamic math skills for microeconomics from R. Larry Reynolds of Boise State.
Math for Economics Formula Sheet (PDF) is a more in depth and very concise math review with some requiring calculus.
Economics 1 and 2 is our free Internet Course based on these notes.
Economics Test Review Notes summarize these notes for review before a test.
Current Economics Issues explores today's unique economic situation.

Introduction to this free e-book on Economics 

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Macroeconomics Notes

Introduction to Macroeconomics

Part I Understanding Economic Activity

1) Economics Defined 

2) Economizing Scarce Resources
 

3) Characteristics of Market System Capitalism
 

4) Demand and Supply

5) 5 Key Economic Questions Society Must Answer

6) Government's Economic Functions

History of Economic Thought is our free economics course.

7)
Market System Participants
 

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Test Review Notes for
Understanding Economic Activity

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Part II Understanding Total Economic Activity

8) Measuring Total Economic Activity 

9) The Business Cycle
Economics, Financial Crisis
 
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10) Macro Equilibrium 

11) Competing Macro Theories and Issues


12
Keynesian Economics: An Expanded View

13 Money, Banking, and the Creation of Money
  Also see
A Brief History of U S Banking Problems

Test Review Notes for
Understanding Total Economic Activity

 

Microeconomics Note

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) Understanding Profit

Test Review Notes for How Demand, Supply Affect Profit  

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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

Test Review Notes for Product and Factor Markets 



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S
ummaries

Applied Economics

Capital Ideas Evolving

The Lexus and
the Olive Tree


Capitalism, Socialism, and Democracy

 

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Part III Controlling Total Economic Activity

14) Fiscal Policy

15) Monetary Policy
 

16) Stagflation and the Rise of Supply-Side Economics

17) Budget Deficits
Democratic Capitalism is more costly than a Capitalistic Democracy 

18) Economic Growth 

Test Review Notes for
Controlling Total Economic Activity


Appendix A International Trade

Appendix B Free Economics Textbooks

Appendix C A Brief History of U S Banking Problems  

Appendix D History/Politics Book Summaries  

Economics Tutors can help with difficult questions. 

Part III Government Activity, Capitalism, and Our Mixed

30) Public Goods Help When Markets Fail


31) Market Based Government Externality Intervention

32) Antitrust and Other Government Regulation

33) Distributing Income

Test Review Notes for 
Government Activity,Capitalism, and Our Mixed Economy

Appendix A International Trade

Appendix B Free Economics Textbooks

Appendix C A Brief History of U S Banking Problems

Appendix D History/Politics Book Summaries  

Economics Tutors  can help with difficult questions. 

The following chart may make it easier for people Using Edition 15 of Economics and Brue to use the notes.

McConnell and Brue:  16th edition Chapters  Macro 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Corresponding Quick Notes Review Chapters 1 2 4 3 5,6,7 Appendix 2 8 9 12 12 10 14 13 13 15 1`6 18 17 11
McConnell and Brue:  16th edition Chapters  Micro 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Part 9
Corresponding Quick Notes Review Chapters 19 20 21,22 23 24 25,26 26 27 28 29 30 31 32 23 33 28 None Appendix 2

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