UNIVERSITY OF OTTAWA 
ECO 1104: Introduction to Microeconomics 
Comprehensive Study and Exam Preparation Guide 2025 
 
Part 01: Revision Notes 
Part 02: Sample Examination Paper 
Part 03: Detailed Solutions & Explanations 
Part 04: Proven Exam Strategies & Tips 
 
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University of Ottawa - Introduction to Microeconomics (ECO 1104)

C$35.00

ACADEMIC YEAR 2024 - 2025

University	University of Ottawa
Department	Economics
Course Code	ECO 1104
Course Name	Introduction to Microeconomics
Notes Title	Comprehensive Study and Exam Prep. Guide
Page Length	121

Reinforce and practice the skills learned with step-by-step support from our best tutors in ECO 1104: Introduction to Microeconomics at the University of Ottawa, helping you achieve your maximum potential. This is a complete revision guide covering all examinable material for the course. Within this document, you will find a comprehensive evaluation of all examinable topics outlined beforehand. Every learning outcome that can be tested is explored in depth, and diagrams are provided to aid retention. This guide is extremely helpful for revising all topics and preparing for the final exam. Available in both PDF and paperback formats.

ECO 1104 introduces students to fundamental microeconomic concepts, examining how they apply to personal, business, and policy decisions in the real world. Topics include the basics of scarcity and choice, market mechanisms, and the interaction of supply and demand in determining prices. The course covers elasticity, consumer behavior, and the nature of the firm, including production costs and pricing strategies across various market structures such as perfect competition and monopoly. It also explores how government policies impact economic efficiency, addressing topics like taxation, trade, public goods, and externalities.

Students will learn essential tools for analyzing economic problems and will apply these concepts to case studies and practical examples to understand the role of economics in society. By the end of the course, students will be able to evaluate how markets work, analyze the effects of specific public policies, and explain the impacts of international trade. ECO 1104 also prepares students for advanced economic studies, complementing the macroeconomic principles taught in ECO 1102 and serving as a prerequisite for 2000-level and above economics courses.

COURSE CODE	COURSE NAME
ADM 1100	Introduction to Business
ADM 1340	Financial Accounting
ADM 2303	Statistics for Management
ADM 2320	Marketing
ADM 2341	Managerial Accounting
ADM 2342	Intermediate Accounting I
ADM 3340	Intermediate Accounting II
ADM 3345	Taxation I
ADM 3350	Corporate Finance
ADM 3351	Fixed Income Investments
ADM 3352	Portfolio Management
ADM 3360	Business Law
ADM 4351	Options and Futures
ADM 2350	Financial Management
ECO 1102	Introduction to Macroeconomics
ECO 1104	Introduction to Microeconomics
ECO 2144	Microeconomic Theory I
ECO 2145	Microeconomic Theory II
MAT 2375	Introduction to Statistics
MAT 3375	Regression Analysis
MAT 3379	Introduction to Time Series Analysis

University of Ottawa - Introduction to Microeconomics (ECO 1104)

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