ECON 101 Notes + Study Guide - Gold Version: Introduction to Microeconomics at the University of Alberta
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ECON 101 Notes + Study Guide - Gold Version - Haneef Amusat
Preface
WHO AM I?
I am a second-year Political Science major/Economics minor at the University of Alberta. Since Junior High, I have been committed to finding the most effective and efficient ways to study, learn, note-take, and ultimately succeed. My years of trial and error have brought me to this point where I am ready to provide a guide to help direct others to achieve the same success. I hope to release more guides soon. I’ve compiled studying tips and techniques from my High School and University experience, combined with the core material of the course in the most effective note-taking method to help you succeed.
About the Guide
All lecture notes are in the Cornell Method. The Cornell Method is a popular and effective note-taking method consisting of three parts: short notes in point form organized into sections and subsections, study cues for active recall (discussed more in study tips), and chapter summaries. Usage of the Cornell method ensures the notes are of the highest quality possible. The guide also includes tips and help with course components like Kritik, in addition to providing study tips for the notes provided to prepare for the midterm and final examinations.
Disclaimer
The content covered in introductory microeconomics is widely the same across Canada and the United States. Despite this, this guide is most effective for Alexander Gainer’s Introduction to Microeconomics (ECON 101) class at the University of Alberta. It is also important to note that the notes section is intended to act as a guide to Cornell notetaking in addition to being a baseline of all the course material. I still highly recommend writing your own notes as this is when most of the learning happens. Writing easier and quicker to refer to notes in class and referring to this guide when studying is my recommended approach.
Code of Conduct
This guide does not violate the student code of conduct as the purpose of this guide is for studying and revision. Though, inappropriate academic behaviour outlined by the code includes:
30.3.2(1) Plagiarism
No Student shall submit the words, ideas, images or data of another person as the student’s own in any academic writing, essay, thesis, project, assignment, presentation or poster in a course or program of study.
30.3.2(2) Cheating
No Student shall in the course of an examination or other similar activity, obtain or attempt to obtain information from another Student or other unauthorized source, give or attempt to give information to another Student, or use, attempt to use or possess for the purposes of use any unauthorized material.
No Student shall represent or attempt to represent themself as another nor shall a Student attempt to have themself represented by another in the taking of an examination, preparation of a paper or other similar activity.
No Student shall represent another’s substantial editorial or compositional assistance on an assignment as the student’s own work.
No Student shall submit in any course or program of study, without the written approval of the course Instructor, all or a substantial portion of any academic writing, essay, thesis, research report, project, assignment, presentation or poster for which credit has previously been obtained by the student or which has been or is being submitted by the student in another course or program of study in the University or elsewhere
No Student shall submit in any course or program of study any academic writing, essay, thesis, report, project, assignment, presentation or poster containing a statement of fact known by the student to be false or a reference to a source the student knows to contain fabricated claims (unless acknowledged by the student), or a fabricated reference to a source.
You should not submit any information or material that does not belong to you or without proper citation. Additionally, you should not be referring to this guide or any other resource during an examination or assignment of similar nature. In short, if you use this guide as intended, you are not participating in anything unlawful.
Lecture 1 – Chapter 1