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Ensuring Academic Success in Economics

"Read the book, went to class, but I could use some help."

Have you done all of the things above? But still need assistance? The intent of EASE is to provide information and links to assist you in better understanding the fundamental concepts of economics. Before beginning our study one might benefit from knowing about the content in these links.

Unlike Gaul, which was divided into three parts ("Gallia est omnis divisa in partes tres. . ."), Economics is divided into two parts, Micro and Macro. You can read more about this in the Micro and Macro tabs above! On the Macro page you will also find links to also help your understanding on Macroeconomics and Microeconomics.

Underlying both Micro and Macro are a set of commen concepts. Click any link to learn more about it.

  • Opportunity Costs (Parkin, Ch. 2)
  • Supply (Parkin, Ch. 3)
  • Demand (Parkin, Ch. 3)
  • Market Equilibrium (Parkin, Ch.3)
  • Marginalism
  • Sunk Costs
  • Efficient Market or Markets that are Efficient
  • Comparative Advantage (Parkin, Ch. 2)
  • Now that you understand the underlying economic principles, onto Macro and the remaining chapters, or Micro material.