Economics Interactive Class Notes

Site of the Semester Capitalism Not to Blame for Middle-Class Plight   

Return to Economics Internet Library         Please  

Math Review
is a short review of basic dynamic
math skills for microeconomics
from R. L. Reynolds, Boise State.


Math for Economics Formula Sheet  
is a more in depth and very concise math
review with some requiring calculus.

Supplemental Materials
Introduction to this free e-book on Economics   
Current Economics Issues
explores today's unique economic situation
Economics 1 and 2
is our free Internet Course based on these notes.
Economics Test Review Notes summary notes for review before a test.
Economic Video Lectures for a look at important concepts
Prepared and continually updated by  Walter Antoniotti  
author of
Free Quick Notes Course Outlines     

Macroeconomics Notes
Itroduction to Macroeconomics
 
  
Part I Understanding Economic Activity

1) Economics Defined

2) Economizing Scarce Resources


3) Characteristics of Market System Capitalism

4) Demand and Supply

5 Key Economic Questions Society Must Answer

6) Government's Economic Functions


    see History of Economic Thought one of our free economics courses.


7)
Market System Participants
 

Test Review Notes for Understanding Economic Activity 

 

Microeconomics Notes
Introduction to Microeconomics

Part I How Demand and Supply Affect Profit

19) Elasticity of Demand Affects Total Revenue

20) Consumer Behavior and Demand Theory

21) How Cost of Production Affects Supply


22) Understanding Profit

Test Review Notes for How Demand, Supply Affect Profit  

Free Book Summaries- 3 New York Times Bestsellers

 

 

 

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Part II Understanding Total Economic Activity

8) Measuring Total Economic Activity 

9) The Business Cycle
Economics, Financial Crisis
 
is our free Internet course related to cycles.


10) Macro Equilibrium 

11) Competing Macro Theories and Issues
 
is our free Internet course related to cycles.


10) Macro Equilibrium 

11) Competing Macro Theories and Issues


12
Keynesian Economics: An Expanded View

13 Money, Banking, and the Creation of Money
A
lso see 

A Brief History of U S Banking Problems

Test Review Notes for Understanding Total Economic Activity



Part II Product and Factor Markets

Introduction/Overview  

23) Pure Competition

24) Monopoly

25 Monopolistic Competition


26) Oligopoly
 

27) Demand for Economic Resources 

28) Wage Determination

29) Rent, Interest, and Profit

Test Review Notes for
 Product and Factor Markets
 


 

 

Part III Controlling Total Economic Activity

14) Fiscal Policy

15) Monetary Policy
 

16) Stagflation and the Rise of Supply-Side Economics

17) Budget Deficits
See Democratic Capitalism vs Capitalistic Democracy 

18) Economic Growth 
See The Effect of Individual Income Tax Rates on the Economy

Test Review Notes for Controlling Total Economic Activity

Appendix A International Trade  

Appendix B Free Economics Textbooks

Appendix C A Brief History of U S Banking Problems  

Appendix D History/Politics Book Summaries  

Epilogue: Democratic Capitalism vs. Capitalistic Democracy 

Part III Government Activity, Capitalism, and Our Mixed

30) Public Goods Help When Markets Fail


31) Market Based Government Externality Intervention

32) Antitrust and Other Government Regulation

33) Distributing Income

Test Review Notes for Government Activity,
Capitalism, and Our Mixed Economy

Appendix A International Trade

Appendix B Free Economics Textbooks

Appendix C A Brief History of U S Banking Problems

Appendix D History/Politics Book Summaries  

Epilogue: Democratic Capitalism vs. Capitalistic Democracy 

 

 

The following chart may make it easier for people Using Edition 15 of Economics and Brue to use the notes.

McConnell and Brue:  16th edition Chapters  Macro 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Corresponding Quick Notes Review Chapters 1 2 4 3 5,6,7 Appendix 2 8 9 12 12 10 14 13 13 15 1`6 18 17 11
McConnell and Brue:  16th edition Chapters  Micro 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Part 9
Corresponding Quick Notes Review Chapters 19 20 21,22 23 24 25,26 26 27 28 29 30 31 32 23 33 28 None Appendix 2

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