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Lecture notes are courtesy of yan ji lecture note files lec # topics lecture notes 1 gains from trade and the law of comparative advantage (theory) lecture 1 notes (pdf) 2 the ricardian model (theory, part i) lecture 2 notes (pdf) 3 the ricardian model, (cont) (theory, part ii) lecture 3 notes. Economics is the study of how individuals and societies make decisions about how to use scarce resources to fill their wants - resources are considered scarce.
This post is a compilation of our most viewed notes on economics, which we think our readers should not miss readers can download the each of the notes as pdf for free using the ‘print-pdf’ option. Chapter 2 notes section 1 economic systems three types of economies: traditional, command and market individuals make decisions based on what is habit and custom.
Holt economics chap 2 prater section 1 four types of economic systems: traditional command market mixed all four systems answer the 3 economic questions: what to produce, how to produce, and for whom to produce.
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