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About Istanbul Bilgi University: Introduction To Microeconomics
This document contains lecture notes for an introduction to microeconomics course delivered by Asaf Savaş Akat at Istanbul Bilgi University. The notes cover key topics like: 1) The ten principles of economics including scarcity, opportunity cost, rational decision making at the margin, and how individuals and societies respond to incentives. 2) How the circular flow model represents the flow of goods and money between households and firms in an economy. 3) The production possibilities frontier and how it illustrates the key economic problem of scarcity by showing potential tradeoffs societies face in allocating resources between different uses.
Detailed Information
| Author: | ['jehana_beth'] |
|---|---|
| Publication Year: | 2015 |
| Pages: | 22 |
| Language: | English |
| Format: | |
| Price: | FREE |
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