Microeconomics Revision List Year 1

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  • Micro Year 1
    • The Basic Economic Problem and Behavioural Economics
      • Statements
      • PPF
      • Consumer Behaviour
        • Imperfect Information
      • Behavioural Economics
    • Markets & Market Failure
      • Demand
      • Elasticity
        • Price Elasticity of Demand PED
        • Price Elasticity of Supply PES
        • Income Elasticity of Demand YED
        • Cross Elasticity of Demand XED
      • Supply
      • Interrelationships between markets
      • Market Failure
        • Public and Private Goods
        • Externalities
        • Merit & Demerit Goods
        • Factor Immobility
        • Inequality in distribution of Income

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