Date:

Topic:

Recall

Notes

• Summary

Date: February 8, 2021 February 2021

Topic: ECO202 - Introductory Macroeconomics

The first class to the completion of this class is the material for the coming quiz.

Recall

• Recall Terms

Notes

• Notes

<aside> 📌 SUMMARY: Economics decisions are supposed to made keeping in mind absolute not proportional values, with the margin considered, and the implicit costs (and opportunity cost) as well. Sunk costs are not supposed to be considered. There are important differences to keep in mind in terms of microeconomics and macroeconomics and normative and positive economics.

</aside>