Economics is the study of choices made under constraints,
usually the constraints of budgets, prices, and input costs. Topics covered
include consumer demand, production, exchange, the price system, resource
allocation, and government intervention.
This note aims at
exposing learners to the economics of cooperative and how cooperatives are
organized. Topics covered includes: Cooperative Concepts, Explanation of
Cooperative Terminologies, Promotional motives of Cooperative Business
Enterprises, The Need for Individuals with Similar Problems to Come together
to Form a Cooperative, Conditions under which a Cooperative can Perform
Effectively, Effects or Influences of Cooperative on Members and the General
Public, Explanation or Definition on the Terms Groups, SubGroups and
Bandwagon Effects in a Cooperative and how to Minimise Existing Conflicts
between Groups, Sources of Capital in Cooperatives, Classification of
Cooperative, Types of Cooperative Societies, their Functions and Assessment
of the Correctness of Available Classification.
System of National Accounts, Variants of GDP, The goods market, Financial
markets, Demand for money and bonds , Equilibrium in the money market, Price
of bonds and interest rate, The IS-LM model, The labor market, The three
markets jointly: AS and AD , Phillips curve and the open economy.
Objective this lecture note is to provide students with a basic
understanding of how people make decisions, how people interact, and how the
economy as a whole works, in order to provide students with a framework for
viewing and interpreting the economic world around them. Topics covered
includes: Supply and Demand, How markets work, Economics of the Public
Sector, Firm Behavior and the Organization of Industry, The Data of
Macroeconomics, Real Economy in the Long Run, Money and Prices in the Long
Run, Short-run Economic Fluctuations.
Author(s): Donald E. Stout, Jr, Saint Martin's
This lecture note covers the
following topics: Modern Economics and Mathematics, Individual Decision
Making, Consumer Theory, Production Theory, Choice Under Uncertainty,
Strategic Behavior and Markets, Game Theory, Theory of the Market, General
Equilibrium Theory and Social Welfare, Normative Theory of Equilibrium: Its
Welfare Properties, Economic Core, Fair Allocations, and Social Choice
Theory, Externalities and Public Goods, Information, Incentives, Mechanism
Design, and Contract Theory.
Economics covers the scope and sequence for a two-semester principles of
economics course. The text also includes many current examples, including;
discussions on the great recession, the controversy among economists over
the Affordable Care Act (Obamacare), the recent government shutdown, and the
appointment of the United Statesí first female Federal Reserve chair, Janet
Yellen. The book covers the breadth of economics topics and also provides
the necessary depth to ensure the course is manageable for instructors and
audience of this textbook is first-year undergraduates taking courses on the
principles of macroeconomics and microeconomics. This textbook will assist
you in increasing studentsí economic literacy both by developing their
aptitude for economic thinking and by presenting key insights about
economics that every educated individual should know.
Author(s): Russell Cooper, European
University Institute and Andrew John, Melbourne Business Schoo
This note covers the following topics:
Macroeconomics, Economic Growth, Money and the Economy, Social Security,
Energy Markets, Crime, International Trade, Regional Economics, Illegal
Goods and Services, Economics of the Environment, Poverty and Welfare.
This book presents introductory
economics material using standard mathematical tools,
including calculus. It is designed for a relatively sophisticated
undergraduate who has not taken a basic university course in economics. It
also contains the standard intermediate microeconomics material and some
material that ought to be standard but is not.
Political Economy (1848) by John Stuart Mill was arguably the most
important economics or political economy textbook of the mid nineteenth
century. It was revised until its seventh edition in 1871, shortly before
Mill's death in 1873, and republished in numerous other editions. Beside
discussing descriptive issues such as which nations tended to benefit more
in a system of trade based on comparative advantage, the work also
discussed normative issues such as ideal systems of political economy,
critiquing proposed systems such as communism and socialism.
This note covers the following topics:
Principles Of Macroeconomics, Money, Banking And Financial Markets,
International Economics, Financial Management, International
Finance, Financial Markets And Institutions, Managerial Economics,
Author(s): Prof. Arnaud Costinot and Prof. Dave Donaldson