Economics Interactive Class Notes

Return to Quick Economics Notes Updated 9/3/18  
Please use a link, supplement and  

Math Reviews basics and calculus from R. L. Reynolds, Boise State.
Math for Economics Formula Sheet
concise math review some require calculus.
Quick Notes Economic Reviews has even more concise reviews.


Economic Activity:
1) Economics Defined
2) Economizing Scarce Resources
3) Market System Capitalism and
    Political Economy
Readings: Democratic Federalist Republic
4) Demand and Supply
5 Economic Questions Society Must Answer
6) Government's Economic Functions

7) Market System Participants

Test Review # 1


How Demand, Supply Affect Profit:
19) Elasticity of Demand Affects Total Revenue
Income 1 video, Cross 1 video, Price Elasticity
of Supply, Tax Incidence 3 videos

20) Consumer Behavior and Demand Theory

21) How Cost of Production Affects Supply
22) Analyzing Profit
Micro Test Review 1


Economic Stuff

Textbook Supplements
Economic Classics
Capitalism and Political Economy Videos
Page One Economics St Louis Federal Reserve

Review Materials
Quick Notes Economic Reviews are Quick
Economics 1 and 2 Video Lectures

Current Stuff
Political Economy Issues     Videos  
Political Controversies
Current Events

Total Economic Activity
Prelude Macroeconomics Overview

8) Measuring Total Economic Activity
9) The Business Cycle
See Financial Crisis free Internet course
The Great Recession 3 p

10) Macro Equilibrium
11) Competing Macro Theories and Issues

See One-Page Macro Economic Theory

12 Keynesian Economics: Expanded View

13 Money, Banking,  Creation of Money
A Brief History of U S Banking Problems
Macro Test Review 2  and Overview

Product, Factor Markets

23) Pure Competition
24) Monopoly

25) Monopolistic Competition
26) Oligopoly
27) Demand for Economic Resources
28) Wage Determination

29) Rent, Interest, and Profit

Micro Test Review 1  

Micro Test Review Notes 2 

Please link to and use to educate


Economic Questions: 
Do Economists Lie?

Short-term Economic Questions
Trump Keeping Economy In Good Shape?
Will Trump Tax Cuts Work?
Inflation Is Back, Is There Going To Be Trouble?
4. Stock Market Too High?
U.S. Headed for Recession?
6. Trade Troubles

Longer-Term Economic Questions
Will Inflation/Growth Tame the Deficit
2. Will Debt End Capitalism?
Jobs Loss to AI Growth
Dollar Privilege Continuation
5. Disposition of Illegal Immigrants
6. Is Income Inequality Affecting Growth


Controlling Economic Activity
14) Fiscal Policy
15) Monetary Policy
See The Great Recession
16) Stagflation and Supply-Side Econ
17) Budget Deficits 
18) Economic Growth

Macro Test Review Notes



Government, Capitalism,
Mixed Economy

30) Public Goods Help When Markets Fail
31) Market Based Government Externalities
32) Antitrust and Other Government Regulation
33) Distributing Income

Micro Test Review Notes 3

Appendix A International Trade 
See Trade Troubles


Capitalism Not Cause of Middle-Class Plight 
Look Out the Window Economics
Economics Exposed  

Everyone is on Welfare  
Is Financial Aid Welfare?  
College Tuition Not Going Up Rapidly

War on Terror    

U.S. Terror Episodes Since 1900   
Terrorism Against the West 1975-2015   
The Art of War    
Gun Violence Affects Police
U.S. Wars

Key Macro Questions

Will Inflation and Growth Solve the Deficit Problem?         Will Debt Bring Down U.S. Capitalism?     

Macroeconomics      Troubles       The Effect of Income Tax Rates on the Economy    

Why People Continue To Believe Stupid Economic ideas?   

Democratic Capitalism vs. Capitalistic Democracy    Deadly Innocent Frauds of Economic Policy

Other Stuff Appendix D History/Politics Book Summaries   

Free Economics Textbooks  

Economic History

U.S. Economic History

History of Economic Though Videos
Modern Western Civilization Economic History
English Economic Life 1550-1775
Beginnings of a Constitutional Monarchy


Building Our Democratic Federalist Capitalist Republic
U.S. Economic History  

20th Century
Economic History 1900-2007
20th Century Decade Evaluation

US Economic Normality 1945-2015
Rising Income  
Foreign Competition Caused 1970's Wage Stagnation  
1980's  Manufacturing Fall Brings Less Regulation  
Financial Bailouts and Economic Recovery
Poverty Stuck at 15%    
Profit Growth  Up, Wage Growth Down    
Wellbeing Growth Continue

Cycle Analysis

International Competitive Normality Adjustments
World Changed, Good Jobs Gone  

Severe Recessions
Great Recession 
Great Recession Historical Perspective

Market Bubbles

Dollar Privilege 
U.S. Banking History
Exorbitant Dollar Privilege  
Positive Dollar Privilege Prediction

Interesting Topics
History of US Banking

Recent Decades Ranked by Problems 2p
20th Century Decade Evaluation 10p

U S Banking History
American Unions
Economic Growth   
Cost of Wars
American Unions

Key Topics

1786 Shays Tax Rebellion Leads to a Constitution
Teddy Roosevelt Takes on the RR Trusts
1930s Government Safety Net Deficits,
Like War, Deficits, Prove Attractive

Boom, Bust, Boom: Jazz, Depression, Hiroshima

U.S. Political Economy

A Very Brief Political History of the United States

Prelude Western Civilization Economic History

US Constitution
Building America's Constitution    
Constitutional History

U.S. Politics
Political Eras 1788-2016 
A Very Brief History of Elections   
20th Century American Education

US Political Eras
Political Eras One 1788 to 1892   pdf
Political Eras Two 1896 to 2016   pdf

Presidential Elections One 1778-1824   pdf
Presidential Elections Two 1828-1852      
Presidential Elections Three 1856-1892       

Presidential Elections Four 1896-1928   pdf
Presidential Elections Five 1932-72   pdf  
Presidential Elections Six 1976-2012  

Political Economy Videos
History of Economic Thought Video
History of Economics Progress 4 min video

U.S. Political Economy Textbooks
US Political Economy Basics
U.S. Political Economy Handbook
U.S. Political Economy

Political Economy Materials
Book Summaries
Presidential Courage   

Thomas Jefferson 
American Dynasty

Book Summaries Collection  
Political Economy 101      
Government and Politics 101

US Political Economy Evolution

Political Economy One-Page Studies

 editor Walter Antoniotti 

Comments to 

Class Discussion Supplements

Middle Class Economic Questions

What Caused Income Inequality?

Is Safety Net Appropriate?

Treated Fairly?

Is Capitalism to Blame for Middle-Class Plight?

    Capitalism/Good Management Lowered Wages?

What Happened to US Economy?

Where Have All the Good Jobs Gone?

Will Inflation and Growth Solve the Deficit Problem?

Will Debt Bring Down US Capitalism?

US Economic Normality 1945-2015  p 2

Post WW2 Competitive Adjustment

Rights and Wrongs of the Dismal Science Vide

Great Recession 3 p 1 p













Sundry Collections
Treasury Annual Report 1789-1980
Books from Wiki Educator
Archive: History of Economic Thought
Classics of Political Economy
Classics of Online Library of Liberty
Economics Internet Library free learning materials.
Economic Report of the President
President's view
Economic Textbooks
Freedom Library
Internet for Economics
Marxists Internet Library
Inequality and Economic Policy
International Economics, Cases of with Exercise Book
Price Theory: An Intermediate Text
Principles of Economics, Essential
Public Finance
Exam Review Material
Macroeconomics Overview
Quick Notes Economic Reviews are Quick
Economics 1 and 2 Video Lectures
Related Sites
Macro and Microeconomics Course Materials
Library of Economics and Liberty     
Ayn Rand Lexicon  
Mises Institute   
Roubini Global Economics    

Top 100 Economics Blogs




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Updated 6/11/18    

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