Introductory economics - Study guides, Class notes & Summaries

Adam Smith believed that if people were free to pursue their own interests, a. less would be produced than if altruism were the guiding principle. b. the public interest would be served quite well. c. they would generally apply their talents to unproductive activities that would generate little value to society. d. they would have little incentive to undertake productive activities. ANSWER: b 2. Modern economics as a field of study is usually thought to have begun with a. Adam Smith and t...

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Complete and concise notes for the entire course in Economics of Inequality at UCL. Helpful for economics students as well as students choosing to undertake this introductory course as an optional module. Includes all notes from lectures on the inequality in education, minimum wage and its impact, income segregation and intergeneration mobility, patterns of gender inequality in work in the UK, the wage impact of immigration, measuring unfair inequality, US Wealth Inequality, Germany's resurgent ...

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This Test Bank is designed to accompany Michael Veseth's textbook entitled Introductory Economics, and the companion paperbacks, Introductory Macroeconomics and Introductory Microeconomics. Its purpose is to assist the instructor in developing examinations which will test the student's comprehension, recall, and ability to analyze and interpret the basic concepts discussed in the text. To these ends, we have prepared more than 2,000 five-response, multiple-choice questions. These question...

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Test Bank –Introductory Econometrics: A Modern Approach, 5th Edition by Jeffrey M. Wooldridge With PERFECT SOLUTION AVAILABLE OF ALL CHAPTERS Chapter 1 1. Econometrics is the branch of economics that . a. studies the behavior of individual economic agents in making economic decisions b. develops and uses statistical methods for estimating economic relationships c. deals with the performance, structure, behavior, and decision-making of an economy as a whole d. applies mathematical ...

Complete and concise notes for the entire course in Behavioural Economics at UCL. Helpful for economics students as well as students choosing to undertake this introductory course as an optional module. Includes the summaries of all assigned reading during the year - for topics like decision-making under risk and uncertainty, reference dependence, intertemporal choice, social preferences, changing behaviour, policy-making and nudge theory, bounded rationality, limited attention and limited bandw...

Full set of lecture and textbook summarized combined notes