'Curve slopes' diaporamas de présentation

Unit 1. Fundamentals of Managerial Economics (Chapter 1)

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Keynesian Models (ISLM) 4/9/2012

Unit 3: Exchange Rates. Keynesian Models (ISLM) 4/9/2012. John Maynard Keynes. father of modern macroeconomics student of Alfred Marshall wrote The General Theory of Employment, Interest, and Money helped setup Bretton Woods a director of the Bank of England made a Baron

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Unit 1. Fundamentals of Managerial Economics (Chapter 1)

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Optimisation Using Derivatives I

Optimisation Using Derivatives I. Positive and negative values of the derivative as an indication of the points at which the function is increasing or decreasing zero values of the derivative as an indication of stationary points Greatest and least values of functions

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The Classical Long-Run Model

The Classical Long-Run Model. Classical Model. A macroeconomic model that explains the long-run behavior of the economy Classical model was developed by economists in 19th and early 20 th , to explain a key observation about economy

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Introduction

Introduction. A monopoly is a firm that is the sole seller of a product without close substitutes. The key difference: A monopoly firm has market power , the ability to influence the market price of the product it sells. A competitive firm has no market power. . Why Monopolies Arise.

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