cfa 2018 - level 1 schweser notes book 2

1、TableofContents1.GettingStartedFlyer2.TableofContents3.PageList4.Book2:Economics5.ReadingAssignmentsLearningOutcomeStatements6.TopicsinDemSupplyAnalysis1.LOS14.a:Calculateinterpretpriceincomecrosspriceelasticitiesofdemde

2、scribefactsthataffecteachmeasure.2.LOS14.b:Comparesubstitutionincomeeffects.3.LOS14.c:Distinguishbetweennmalgoodsinferigoods.4.LOS14.d:Describethephenomenonofdiminishingmarginalreturns.5.LOS14.e:Determineinterpretbreakev

3、enshutdownpointsofproduction.6.LOS14.f:Describehoweconomiesofscalediseconomiesofscaleaffectcosts.7.KeyConcepts1.LOS14.a2.LOS14.b3.LOS14.c4.LOS14.d5.LOS14.e6.LOS14.f8.ConceptCheckers1.Answers–ConceptCheckers7.TheFirmMarke

4、tStructures1.LOS15.a:Describeacteristicsofperfectcompetitionmonopolisticcompetitionoligopolypuremonopoly.2.LOS15.b:Explainrelationshipsbetweenpricemarginalrevenuemarginalcosteconomicprofittheelasticityofdemundereachmarke

5、tstructure.3.LOS15.d:Describedeterminetheoptimalpriceoutputffirmsundereachmarketstructure.4.LOS15.e:Explainfactsaffectinglongrunequilibriumundereachmarketstructure.5.LOS15.c:Describeafirm’ssupplyfunctionundereachmarketst

6、ructure.6.LOS15.f:Describepricingstrategyundereachmarketstructure.7.LOS15.g:Describetheuselimitationsofconcentrationmeasuresinidentifyingmarketstructure.8.LOS15.h:Identifythetypeofmarketstructurewithinwhichafirmoperates.