1st Edition
ECON 203: Introduction to Economics
School: Virginia Commonwealth University (VCU )
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Pages: 4An overview of GDP, interest rate, present valuation, money supply, aggregate demand and supply
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Pages: 2A more in-depth look at how comparative advantage can benefit society
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Pages: 2A more in-depth look at the effect of the reserve requirements as a tool of the Fed
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Pages: 2An intro to the changing money supply and how the Federal Reserve works to control it.
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Pages: 2An overview on what affects the productivity of a nation or society
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Pages: 2A review of nominal GDP and an introduction to calculating the growth rate of the economy
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Pages: 2A description of the final aspects of market structure and an example of how market power affects a company.
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Pages: 3A description of the elasticity of supply, cross-price elasticity of demand, and elasticity of income.