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  • Viewing 8 sample documents related to ARE 1150
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    From: GradeBuddy    Pages: 16   
    Study Guide for Exam 1 including chapter 1, 2, and 3. Lists key definitions and concepts, class notes, and readings not covered in lecture.
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    From: GradeBuddy    Pages: 2   
    Continues the discussion of supply and explains more about the supply curve while focusing on the important determinants of supply. The topic of Market Equilibrium is introduced.
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    From: GradeBuddy    Pages: 2   
    Focuses on discussing the determinants of demand and the factors that can shift the demand curve. Begins explaining the components of supply and the law of supply.
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    From: GradeBuddy    Pages: 2   
    Finishes describing the circular flow model and then begins to talk about demand and supply and how it affects a market.
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    From: GradeBuddy    Pages: 3   
    Discusses the different economic systems and focuses on the market system and the key characteristics of a market system.
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    From: GradeBuddy    Pages: 3   
    Defines budget line with an example and includes definition of economic resources. Chapter 2 begins to discuss the market system and circulation flow.
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    From: GradeBuddy    Pages: 2   
    Difference between microeconomics and macroeconomics and positive and normative.
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    From: GradeBuddy    Pages: 2   
    Chapter 1: Limits, Alternatives and Choices

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