BROCK UNIVERSITY 
ECON 1P91: Principles of Microeconomics 
Comprehensive Revision Guide and Notes 2025 
 
Part A: Revision Notes 
Part B: Sample Examination 
Part C: Suggested Solutions to Exam Paper 
Part D: Study Tips for Students 
 
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Brock University - Principles of Microeconomics (ECON 1P91)

C$35.00

ACADEMIC YEAR 2025 - 2026

University	Brock University
Study Level	Undergraduate
Course Code	ECON 1P91
Course Name	Principles of Microeconomics
Study Material	Comprehensive Revision Guide and Notes
Page Length	121

Are you finding it challenging to study the vast amount of material required for your exam in ECON 1P91: Principles of Microeconomics at Brock University? This 2025 guide (121 pages across four parts) offers everything you need to succeed. Inside you’ll find clear, comprehensive revision notes, sample exam questions with step-by-step solutions, and practical hints and tips for the final exam. Designed to save time, strengthen your understanding, and build your confidence, this guide helps you prepare effectively and perform at your best on exam day.

Brock University's ECON 1P91: Principles of Microeconomics covers key microeconomic concepts like the nature of economics, the price system, demand, production, costs, and market pricing.

Key Areas of Focus:

Understand how economists think and make decisions.
Recognize the benefits of trade and how countries gain from interdependence.
Explain the forces of supply and demand and how they interact in markets.
Analyze price elasticity and its impact on demand and supply.
Understand the role of government policies in affecting supply, demand, and market outcomes.
Identify how taxes impact markets and society and evaluate international trade effects.
Differentiate between market structures like monopoly, oligopoly, and competitive markets.

COURSE CODE	COURSE NAME
ACTG 1P01	Introduction to Financial Accounting
ACTG 2P12	Introduction to Management Accounting
ACTG 2P31	Accounting for External Reporting I
ACTG 2P40	Commercial Law
ACTG 3P33	Accounting for External Reporting III
ECON 1P91	Principles of Microeconomics
ECON 1P92	Principles of Macroeconomics
ECON 2P21	Intermediate Microeconomics I
ECON 2P90	Introduction to Econometrics
ECON 3P03	Money and Banking I
ECON 3P92	Forecasting Using Time Series Data
FNCE 2P91	Corporate Finance I
FNCE 3P93	Corporate Finance II
FNCE 4P04	Investment Analysis and Portfolio Management
FNCE 4P08	Management of Financial Institutions
FNCE 4P09	Portfolio Management
FNCE 4P16	Derivatives I
MGMT 1P93	Principles of Business
MKTG 2P91	Introduction to Marketing
STAT 1F92	Introductory Statistics
STAT 1P99	Applied Statistics for Life Sciences

Brock University - Principles of Microeconomics (ECON 1P91)

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