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Supply, Demand, and Equilibrium: The Exercises
Debaere, Peter Exercise G-0597 / Published August 10, 2007 / 7 pages.
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Product Overview

This technical note contains some exercises to practice "shifting curves" versus "movements along the curves." It also discusses the implications of raising taxes when there is an externality. This class is part of the refresher course in Economics for incoming MBAs.


Learning Objectives

The learning objectives are to refresh key concepts and tools from microeconomics and macroeconomics; emphasize the role of economics in the MBA curriculum; and show how analyzing economic agents as maximizers of profit and/or utility deepens one's understanding of the environment of the firm.

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  • Overview

    This technical note contains some exercises to practice "shifting curves" versus "movements along the curves." It also discusses the implications of raising taxes when there is an externality. This class is part of the refresher course in Economics for incoming MBAs.

  • Learning Objectives

    Learning Objectives

    The learning objectives are to refresh key concepts and tools from microeconomics and macroeconomics; emphasize the role of economics in the MBA curriculum; and show how analyzing economic agents as maximizers of profit and/or utility deepens one's understanding of the environment of the firm.