Economics Interactive Class Notes

Return to Economics Internet Library 

Mathematics Reviews
Math Reviews  are short reviews of basic math skills plus
calculus 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

Economics 1 and 2 is our free Internet Course based on these notes.
Economic Video Lectures for a quick lecture on important concepts
Current Economics Issues explores today's unique economic situation
Free Economic Books

 
Introduction to Macroeconomics
   
Part I Understanding Economic Activity

1) Economics Defined

2) Economizing Scarce Resources

3) Characteristics of Market System Capitalism and Political Economy

Test Review Notes for Understanding Economic Activity 

 
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) Analyzing Profit

Part II Understanding Total Economic Activity

8) Measuring Total Economic Activity 

9) The Business Cycle
    Financial Crisis   is our free Internet course
    The Great Recession is an ongoing look of discovery

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 Also see 

A Brief History of U S Banking Problems

Test Review Notes for Understanding Total Economic Activity

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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 
 

Free Economics Textbooks
 

Part III Controlling Total Economic Activity

14) Fiscal Policy

15) Monetary Policy 
      The Great Recession may have had government help

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 Great Recession
 

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

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