Unit 1: Markets are Efficient, Except . . . Intro to Microeconomics

Lesson 1b: The 5Es of Economics

Assignments: Readings

5Es online reading (VERY IMPORTANT!)

pp. 64-65, (19th, 58-59) "Efficient Allocation"

pp. 153-155, (19th 117-119) "Law of Diminishing Marginal Utility"

Lecture Outline

 

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Lesson 1b