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Objective this lecture.
This note exposes learners to the economics of cooperative and how cooperatives are organized. This note aims at exposing learners to the economics of cooperative and how cooperatives are organized.
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Objective this lecture note is to provide students with a basic understanding of how people make decisions, how people interact, and how the economy as a whole works, in order to provide students with a framework for viewing and interpreting the economic world around them. Topics covered includes: Supply and Demand, How markets work, Economics of the Public Sector, Firm Behavior and the Organization of Industry, The Data of Macroeconomics, Real Economy in the Long Run, Money and Prices in the Long Run, Short-run Economic Fluctuations. Author(s): Donald E.
Stout, Jr, Saint Martin's College. This lecture note covers the following topics: Modern Economics and Mathematics, Individual Decision Making, Consumer Theory, Production Theory, Choice Under Uncertainty, Strategic Behavior and Markets, Game Theory, Theory of the Market, General Equilibrium Theory and Social Welfare, Normative Theory of Equilibrium: Its Welfare Properties, Economic Core, Fair Allocations, and Social Choice Theory, Externalities and Public Goods, Information, Incentives, Mechanism Design, and Contract Theory.