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Message

from the
Alumni
Relations
Office
Dear Alumni,

The LUMS Alumni Annual is here again, with news from LUMS as well
as your fellow alumni. This year’s class notes again speak of achieve-
ments and new efforts by you all despite the political upheaval in the
country as well as the erratic economics of the world in general. The
LUMS alumni community is now a very strong professional network the
world over with numerous and varied experiences. Therefore, along
with various interviews and articles, we have incorporated this year the
alumni perspective of the workplace. We thought that you all can relate
to what these alumni have to say about the real work environment.

The year 2008 has taken LUMS through quite a few changes but one
thing that stays constant is the alumni bond with the university. The
Homecoming in December 2007 saw a huge audience. Similarly the
chapter reunions in 2008 not only had heavy alumni participation but
were also supported by volunteer alumni in terms of organization. The
Islamabad Reunion was hosted by an alumnus at his own restaurant.

The Alumni philanthropic efforts continue with financial contributions


from various classes as well as individuals. Your ideas, feedback for im-
provements in systems and your participation in the LUMS projects and
researches gives all these endeavors remarkable strength.

We thank you all who took the time out to compile the class notes or to
write articles. Like every year, this year’s issue has also been structured
through your ideas and written contributions. We look forward to your
feedback on Alumni Annual 2008 as well as your ideas for the next
year’s issue

Regards,
Amna Arshad Ali
Alumni Relations Office
Pro-Chancellor’s
Message
Dear Alumni,

The year 2008 sees the joining of the first batch of School of Science and Engineering, a school
that aspires to provide science & engineering education that our country has not previously known.
The Suleman Dawood School of Business and the School of Humanities, Social Sciences and Law are
progressing with more diverse educational programmes coming up every year. The National Out-
reach Programme is continuing to be a source of providing quality education to talent from the
underprivileged areas of the country.

Like every year we hear of our Alumni reaching greater heights in their professional journeys. The
achievements of our Alumni are always a source of pride for us and of course we hope that the
progress of your University will be an inspiration to you. You, being Alumni are the most important
stakeholders in LUMS as you, more than anyone else, can realize all what we stand for and all
that we aspire for. We therefore, look towards your active involvement in the form of ideas as
well as valuable feedback.

I wish you another year of professional and personal achievement.

Syed Babar Ali

Syed Babar Ali in Nepal, February 08


Lahore University of Management Sciences has been enriched by the commitment and dedication of many
people, and it is now ready to become a source of national renewal and international leadership. As we develop
and implement a vision for LUMS in the 21st century, we ask alumni to help fulfill the promise inscribed in
the famous LUMS insignia, “prepared for life.” You are uniquely qualified to contribute to the envisioned
strengthening of this wonderful university and for improving the LUMS educational experience as a prepa-
ration for life. It is my aspiration that LUMS alumni enjoy a lifetime of networking, learning, and leadership
by staying connected with their alma mater. We hope to engage you more than ever before in creating the next
vision of this university. A first step towards this goal has been the formation of a dedicated office under the
leadership of a very capable LUMS alumnus, Sheikh Ali Hussain, who will spearhead this renewed commit-
ment to reach out to our alumni. I ask you to reflect on my thoughts below and suggest any new ways in which
you may be able to help LUMS attain new heights. You are a source of strength and symbol of success for
LUMS and I hope that we can continue to count on your unwavering support as we begin to shape LUMS
as a world class university.

Alumni will be vital in developing a 21st century vision for LUMS by

Joining in the Focalpoint Forum programs to create a vision for the future
Identifying opportunities for changes that will benefit students
Participating in continuing education, mentoring students, and joining in activities such as university
events, alumni lectures and alumni outreach
Identifying corporate sponsors and partnership opportunities for LUMS
Contributing funds for scholarships, awards and general operating money
Making visible their identity as LUMS alumni in their professional, civic and personal lives

For the past 26 years, I have been a professor of civil engineering, an associate dean of engineering, a re-
searcher, and the sponsor of new initiatives in business and social entrepreneurship at one of America’s leading
research universities, Rice University, in Houston, Texas. Recently I have been active in bringing together sci-
entists, engineers, and social scientists in developing new approaches to earthquake risk mitigation in Pakistan
and South Asia. I am honored and delighted to have been chosen to lead LUMS, and I deeply cherish the op-
portunity to contribute to higher education in the country of my birth. Dialog and discussion are crucial to
achieving our goals, and alumni must have an important voice. I invite you to contribute to this exciting
dialog and look forward with great expectation to your active involvement in the advancement of your alma
mater.
Ahmad J. Durrani, PhD, MBA
Vice Chancellor, LUMS
durrani@lums.edu.pk
Who’s
back at LUMS?
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#<90/==9< ' % 3= :<9?. >9 2+@/ < %+30 98 >23= :+8/6
90 .3=>381?3=2/. :<90/==9<= >2+> 2+@/ 7+./ -9?8>6/==
-98><3,?>398= >9A+<.= >23= 38=>3>?>398
90 %- A9<5/. 38 >2/ #+53=>+8 8 + 5/C :/<=98 38 #6+8
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A9<5381 =38-/ A3>2 2/< ?=?+6 D/+6 $+=23. 2+= + +=>/<E= 38 -97
:?>/< /8138//<381 0<97 '%
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=?--/==0?6 <?88381 90 >2/ $ =9?<-/= <97 98
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2/< 8/B> /B:/<3/8-/ +> &/6/89< 38 A2/</ =2/ =>+<>/. 900 += 3809<7+>398 +8.
+ ?=38/== /@/69:7/8> B/-?>3@/ %+6/= 3=><3,?>398 ==9-3 :6+88381 /B:/<3
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#6+88381 /@/69:7/8> B/-?>3@/ +8. A+= 38 >2+> <96/ 09< 4938/. ' % 38
798>2= %2/ 038+66C 79@/. ,+-5 0<97 =6+7+,+. >9 +29</ +8. += 3</->9<
4938/. ' % += ==3=>+8> +8+1/< +<5/>381 38 !9@ #6+88381 +8.
99<.38+>398
+ =/+=98/. 7+<5/>381 :<90/==398+6 A29=/ /B &2/ C/+<
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+ C/+< +8. 4938/. >2/ +<5/>381 B>/<8+6 $/6+>398= /:+<> 89691C +>
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A99. %-2996 90 ?=38/== =38-/ ?6C A2/</ 2/ 3= +6=9 +
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+8 ==3=>+8> :<90/==9< 90 #<9.?->398 +8. ":/<+>398= +8+1/
7/8> &9 0?<>2/< 23= </=/+<-2 :?<=?3>= 2/ +--/:>/. + :9=3>398 +>
>2/ !+>398+6 '83@/<=3>C 90 %381+:9</E= A2/</ 2/ >+?12> 09<
+,9?> C/+<= < <+2 2+= ,//8 @/<C +->3@/ 38 /B/-?>3@/ /.
?-+>398 +8. 2+= 6/->?</. 98 + ,<9+. <+81/ 90 9:/8 +8. -?=
>973D/. /B/-?>3@/ :<91<+7= 09< @+<39?= ?6>38+>398+6
9<:9<+>398= %+7=?81 =3+ 8.+2 3+> #?6: +8. #+:/< 9<:9
<+>398 +8. &9=23,+ =3+ ' % :6+-/= :<3./ 38 2+@381 + @+6?
+,6/ </=9?<-/ 635/ 237 += >2/ /+8 90 ?=38/== %-2996

89>2/< 37:9<>+8> 0+-?6>C 7/7,/<


2+= ,//8 +00363+>/. A3>2 ' % =38-/ ?<381 >23= :/
<39. 2/ 2+= +6=9 A9<5/. +> /66 +,9<+>9<3/= '% 09< >A9
C/+<= / 2+= /B>/8=3@/ /B:/<3/8-/ 38 >/+-2381 </=/+<-2
+8. -98=?6>+8-C 38 38>/<8+>398+6 ?83@/<=3>3/= +8. 2+=
7+./ -9?8>6/== -98><3,?>398= >9 ' % 38 >2/ :9=3>398
90 /+8 09< >2<// C/+<= +8. ==9-3+>/ /+8 09< >A9
C/+<= / 2+= ./=318/. ./@/69:/. +8. -98.?->/.
7+8C ><+38381 :<91<+7= 09< >2/ =>?./8>= +8. 3= 98/
90 >2/ ?83@/<=3>CE= =><981/=> </=9?<-/=
“I am a local boy,” says Dr. for a special issue of Interna- well as professional lives.
Shaukat Ali Brah with unmistak- tional Journal of Service Industry
Moving up the academic suc-
able pride and a broad smile. Management, served as an Asso-
cess ladder at NUS with his re-
The present Dean of Suleman ciate Editor for Asian Case Re-
freshing demeanour and positive
Dawood School of Business search Journal for over five years
attitude, Dr. Shaukat Brah also
started his academic career in until recently, and is a member of
kept an active interest in execu-
Lahore - from Garrison School the editorial board of Decision
tive education, teaching in a
and Government College to the Sciences Journal. To further
broad range of open and cus-
University of Engineering & Tech- strengthen his portfolio, there are
tomized executive programmes
nology as a student of Mechani- numerous refereed papers, case
for industry leaders like, Sam-
cal Engineering. With a host of studies, conference papers, etc,
sung Asia, Indah Kiat Pulp and
fond memories and a solid foun- that Dr. Brah has contributed to.
Paper Corporation and Toshiba
dation in place - courtesy some What’s more, since July 2007 he
Asia, etc. As a mature academic,
of the best institutes in the coun- has been spending his days and
he enthused a new life into the
try - Dr. Brah set the stage for his often late evenings at LUMS as
Business School with his pro-
later successes. the Dean of SDSB.
gressive policies and a whole
Following his scholastic ambi- Dr. Shaukat Brah is not new to new set of goals…not just for the
tions, he departed to the US to LUMS. He has been here before. students, but also for the School.

Introducing
add the much-coveted title of Prior to his NUS experience, he

Dr. Shaukat Ali Brah


Dean of SDSB
‘Doctor of Philosophy’ before his served LUMS as an Assistant “I believe that in order to make
name. He completed his PhD Professor for two years in the your mark, it is important to bear
from the University of Houston, late 80s and early 90s. At that in mind the four ‘Rs’ as the main
where he was given the opportu- time, the school was still in the ingredients of success– Rigour,
nity to work on a research proj- process of establishing itself and Relevance, Reward and Recogni-
ect on NASA’s Space Shuttle hence, there was not much em- tion,”
Programme. phasis on research. Dr. Brah enumerates with gusto.
“I was very fortunate to get that “The motto at the time,” recalls Elaborating on each, he states,
kind of exposure and experience,” the Dean, “was ‘Businessman’s “Rigour or discipline and hard
says Dr. Brah, “as it opened Business School.’ “Being more re- work is absolutely the most es-
many doors for me.” search-oriented, I was looking for sential, for it instils in the students
something more in that direction.” the stamina to take on difficult
To name just a handful of some
such opportunities: He spent 16 Driven by his ambition as a challenges and deal with them
years as a faculty member in the scholar, he eventually decided to unfazed in the real world. Then
National University of Singapore’s leave LUMS with a heavy heart comes relevance, it is imperative
Business School – consistently and accepted a position as a fac- that the institute provides the kind
ranked one of the top three ulty member at the NUS Busi- of education to its students,
schools in Asia and among the ness School. Though not before which reflects the environment
top ten outside North America. getting married! Six months into the students are meant to enter as
He was the Production Editor of the marriage and the young cou- professionals. Without Relevance
Asia Pacific Journal of Opera- ple was en route to Singapore, in coursework, there is not much
tional Research for a number of ready for exciting new chal- merit in the education. From the
years, worked as a guest Editor lenges, both in their personal as point of view of the students,
a relevant education enhances, in
fact,confirms their success as pro-
fessionals, as they are able to
add more value to the industry
with their hands-on knowledge.
As for Reward - the education
provided should have the merit to
groom well-rounded individuals
who become an asset to the insti-
tute’s name and integrity. On the
other hand, the students would
be rewarded for their hard work
with success in the real world. Fi-
nally, there is the final R – Recog-
nition. It is the ‘WOW factor’
inspired in others that is the real
proof of recognition for both, the
institute and the student.”

Incidentally, the four Rs have


now found a new home in LUMS,
along with several initiatives that
the new Dean has introduced.
His pride in his work and his un-
abated enthusiasm is infectious.
Perhaps that is what is generat-
ing a whole lot of energy in the
Business School these days with
a flurry of activities all around.
There is a new building for SDSB
in the offing, expected to be oc-
cupied and fully functional by De-
cember 2009, while structural
changes within the administra-
tion are keeping everyone on
their toes. maybe more on the way. It is or disapprove. There is no mov-
truly dynamic; in fact, I really ing forward without that.”
“I have just one goal,” declares
think that there is no other place
the Dean, “and that is to make Encouraging his colleagues, fac-
like LUMS.”
SDSB an internationally recog- ulty and staff members alike, in
nized school of global standing.” According to him, LUMS is now the decision-making process
moving from the initial, creative through participation, he aims to
Considering the distinguished
phase, which he describes as create an environment of mutual
history that LUMS enjoys, he has
being “entrepreneurial” to a more trust and gratification. He has
complete faith that the university
mature stage that will allow for identified a few things that need
will achieve this goal sooner than
the building of a sound structure. fine tuning in the administrative
anticipated.
Presently, the university follows departments, like more special-
“In 22 years, LUMS is probably a mix of both, North American ized training for areas like Corpo-
the only university that has estab- and British models, but the Dean rate Communications and
lished itself as the best in the is in favour of implementing the Advertising, but on the whole the
country and one of the top insti- former in its entirety. Being a true new Dean is appreciative of the
tutes in the region,” he states in- democrat at heart, he claims, staff and considers them to be
dulgently, “In such a short span, it “very skilled and a great support”
“My task is to introduce policies,
has grown considerably with 3 to the university.
but it’s up to my team to approve
schools already in place and
One aspect that the Dean espe- focus is on inducting more stu- dents that I’m not here to put road
cially feels strongly about is re- dents for the undergraduate as blocks in front of their ambition
search and is enthusiastic about well as postgraduate pro- and energy, for it is this energy
the fact that there is considerably grammes. “The more competi- that will take the school forward.”
more emphasis on it in this sec- tive students we have, the more
In the same vein, moving from
ond, more mature phase of SDSB will flourish,” he beams. He
the present and potential stu-
LUMS. In keeping with the former believes in the uninhibited cre-
dents to the former ones, he ap-
Vice Chancellor, Dr. Syed Zahoor ative energy of the young stu-
plauds the alumni for their
Hassan’s vision of making LUMS dents as being the driving force
successes and for making SDSB
a leading research institute, Dr. behind any prominent educa-
and indeed LUMS proud. “We are
Brah is designing definitive poli- tional institute.
proud of the alumni,” he says,
cies for SDSB with his team of
“If you get the cream of the crop “and hope they are proud of their
esteemed faculty members to re-
and nurture them without re- alma mater and that they keep
alize this goal.
straint, then you are bound to get giving their valuable time, energy
Regarding plans for the future, he the best results. I follow this phi- and contributions as always.”
states that at present the main losophy and often tell my stu-
"*#( ((
A
Doorway
LUMS School of Science and Engi-
neering (SSE) aims to provide a
world-class education to the best
students in Pakistan, independent

to
of their financial background. Start-
ing fall 2008, SSE will be the first
private research school for sci-

Opportunity
ence and engineering in Pakistan,
providing an environment compa-
rable to the best research univer-
sities of the world. SSE aims to (i)
set a new standard for science
and engineering education in Pak-
istan, (ii) produce technically com-
petent graduates and innovative
problem-solvers, (iii) create useful
knowledge that can help address
pressing local and global issues,
and (iv) provide an opportunity to
students from less-privileged back-
grounds who would otherwise
have little chance of obtaining a
world-class education.

It takes five things to create a


world-class research school: a rig-
orous well-designed curriculum,
excellent research-active faculty,
world-class infrastructure, rigorous
but need-blind admissions
process and very strong financial
foundations. SSE’s curriculum is as
rigorous as that at the world's best
universities. It has recruited some
of the best available faculty,
trained at places like MIT, Caltech,
Berkeley, Stanford, Oxford, Cam- icy, the demographics of this ex- cessful research school in Pak-
bridge, Harvard, Princeton, Impe- tremely competitive applicant istan. By contributing to this en-
rial and Yale. Its infrastructure pool includes people from dowment fund you have the
and laboratories have been de- widely varying backgrounds and chance to touch a life and make
signed using global best prac- financial circumstances. The final a difference for the better. By in-
tices. It has created an admitted students are some of vesting in the future of these chil-
admissions process modeled on
the best in Pakistan. The quality dren you are essentially
the best research universities;
of their interviews has been ex- investing in the future of Pak-
and it is raising resources to
cellent and their performance on istan, helping make SSE a Door-
build a sustainable science and
the SSE Admissions Test, im- way to Opportunity which will
engineering research infrastruc-
ture, as well as to offer truly pressive. Around 70-80% of the allow our deserving youth to take
need-blind admissions. admitted students have indicated our country forward.
a need for financial aid. In keep-
SSE is premised on a hope; that ing with its promise of need blind
by getting the best minds of Pak- admissions, SSE has been ex- := -9D 501-> 2110.-/6 -90 >@;
istan and providing them with ceedingly careful to make sure ;:=? ;71->1 /:9?-/? @> -?
world-class education, it can in- no one who was admitted and
deserved financial aid has been (/4::7 :2 (/519/1 935911=593
fluence the destiny of this nation.
denied assistance. (1/?:= *
SSE hopes that its graduates will
"-4:=1 -9?? &-65>?-9
be change-agents who will con-
)17
tribute to the frontiers of knowl- Though the SSE has successfully
-C
edge and transform life as we catered to the financial needs of
8-57 >>10:9-?5:9 7@8> 10@ ;6
know it. The school is committed its first batch, there is a pressing
4??; >>1 7@8> 10@ ;6
to locating the best students in need to raise funds for future
Pakistan from every section of batches so that the promise of
society and from every socio- need-blind admissions is hon-
economic background. As ad- ored. For this purpose the school
mission to SSE is need-blind, is trying to establish an endow-
applicants are admitted based ment for scholarships. Current
on their academic qualification SSE tuition is set at approxi-
without regard to their financial mately 60% of what it costs the
circumstances. If a student is ad- school to educate a student, so
mitted and the Financial Aid in a sense all students receive a
Committee determines that significant subsidy. However, for
he/she cannot afford to pay, a less-privileged students, that sub-
customized financial aid package sidy is not enough. The school
is created to enable that student needs to fund their entire educa-
to complete her/his education. tion. In this endeavor SSE needs
societal, governmental and cor-
SSE’s inaugural admissions cycle porate support to build a large
has received an overwhelming scholarship endowment, and to
response with around 7500 stu- offer scholarships which would
dents applying for 200 seats. Be- have reasonable certainty of con-
cause of the limited opportunities tinuity.
in quality science and engineer-
ing education, and because of Alumni support is essential to
SSE’s need-blind admissions pol- SSE’s vision of building a suc-
By Uzair Haroon Moosa BSc 2004

After graduating from LUMS, I had the opportunity to spend a year at the
Cisco Sales Associate Program (SAP), a year long training program in Ams-
terdam where candidates were imparted with sales and technical knowl-
edge after which they were sent back to their home countries. The best way
to describe this experience would be to walk you through a typical day.

6:00 am: “Trinnnng!!! Triinnnggg!!! Triiiiiinngggg!!!!” Damn I hate these


alarm clocks.

6:15 am: I still hate these alarm clocks.

6:30 am: I get out of bed despite hating these alarm clocks.

7:30 am: I walk out of the house and prepare myself for the
challenging day that would begin at 8:30 am sharp. I look
at my watch and realize that the challenge might be begin-
ning a little earlier; in order to catch the last tram to reach
work on time I would have to cover the 10 minute walk to
the tram station in just 5 minutes. What a start to the day!

8:27 am: I arrive at the office with three minutes to spare.


Just enough time to grab a quick cup of hot warm cappuc-
cino. I think about the week that lies ahead. We have an IT
Network Troubleshooting exam, a product presentation to
give and a commit meeting with the sales team all in the space
of a mere 5 days. I take a deep breath and mutter, “It is going
to be a typical week at Cisco.”

8:30 am: The day begins. Our managers, Chris and Jochen walk in
and greet us. We are to begin the day with an impromptu hot spot
role play exercise. Our managers lower the projector and we have five
minutes to read through a scenario. “Oh my God, it is about ISDN and
Frame Relay connections, my weakest topics” The managers are eyeing the
room to pick one out of the 30 of us. They look around the room, their eyes
freeze on me. I put on the most innocent look I can but it seems as if a miracle is far
away. I walk up to the front of the room.

My task is to obtain additional customer requirements, and based on these requirements


come up with a customized Cisco solution all
within the space of 20 minutes. The role of the
customer will be played by the audience. I look at my audience; 29
exceptionally motivated Engineers, 3 highly experienced managers
and 2 well qualified technical trainers. It is not going to be an easy task. As I present the Cisco solution, I am
constantly questioned as to why I have chosen a particular product family,, why the particular product within that family,
what value added features does this product have which competition does not provide. With the wide portfolio of products
that Cisco offers, the dynamically changing nature of the technology market and the technical adeptness of my audience
I have to leverage my technical and soft skills to the best of my abilities.

Chris, our manager calls, “Time!” and we move into the feed back session. Feedback from 34 people; 34 people
who have been making detailed notes on how I have conducted myself during the role play, 34 people rep-
resenting 16 different countries - each bringing a unique perspective on the role play, 34 people who re-
ally want to see me grow!!! I pick up my notebook and start making notes of the constructive feedback
that I am receiving. I marvel at the ability of my colleagues who are able to pick even very minute de-
tails, those details that would enable me, a good presenter, to become an effective presenter.

9:00 am: Technical training starts. Today, we are covering the troubleshooting course material. Tom,
our technical trainer is explaining the Cisco best practices to troubleshoot a problem. “It is always
good to isolate a network problem into a particular OSI layer before applying either the top-
down, bottom-up or divide and conquer approach.” he explains.

12:00 pm: Lunch break. I just grab a quick salad and join my colleagues at the lunch
table. I look around and notice that not two people at my table are from the same coun-
try. Such cultural variety is very enriching.

1:00 pm: Back in class and ready to do some of my own trouble shooting

5:30 pm: Still deeply involved in the trouble shooting exercises. Hmm…the access router can ping the core router. How-
ever, a telnet to the core router fails. The network, data link and physical layer must be working fine. I decide to apply the
top down approach to troubleshoot the network problem further.

6:30 pm: I pack up and leave for home. The walk to the tram station is really nice. I can feel the spring wind blow gently
on my face and at this point in time it makes me forget about all other worries that I have.

8:00: Have just had a nice dinner of chicken curry with some freshly baked chapatti. That should
give me enough energy to start studying!

11:00: Decide to call it a day. Reflect back on the previous 5 months. I


could have never imagined that my skill set would improve this drastically
in such a short time span. At Cisco, there was guidance at each step –
guidance to help us overcome our weaknesses; guidance allowing us to
grow and yet be ourselves; guidance that served to maintain the unique-
ness that makes us who we are.

I look at the future that lay ahead. I had come a long way, but the jour-
ney was far from over. At Cisco, I learned that it is about continuous im-
provement. There is no denying that overwhelming challenges lay
ahead – yet the resources available to overcome those challenges
congruent. It is up to each individual how he/she decides to utilize the
unprecedented resources at his/her disposal in overcoming those
challenges.
The
Corporate
Ayesha Ali Khan and Nabeeha Qazi BSc 2007

Graduation from one’s Alma Mater marks the end


of one’s infant years and begins a new chapter in
their lives. For many, this brings an unraveling of their
Illusion
corporate image was catching on to us real fast.

But then, the second week of our induction began.


hyped up corporate arena slowly revealed its true
colors. You eventually realize you never did take
that giant leap into the corporate pool. In fact it
dreams. For us, it meant making the giant leap into The corporate cloud began to clear slowly and we seems you never left high school. Everyday as you
the corporate pool. From time in memorial, people were able to see our true relativity. Our crucial role enter, you see the arena so passively categorized.
have dreamt of the glorified corporate world. It is in these high profile meetings, revolved around tak- You see the corner reserved for the jocks, the table
a land of opportunity. It is where young guns like ing minutes and a few nods. Our contribution re- occupied by the cheerleaders, the hunched away
us are meant to rise to the occasion and take on mained vital to the formulation of strategic business nerds and techies, the swaying of the hippies and
the corporations for all they’ve got. So with high growth models in the back end market research sup- the lurking of the bad boys. They all come together
hopes, we burst into the corporate arena. Yes in- port we provided. Our gourmet breakfast meetings working whilst remaining loyal to their alias. Just
deed, this corporate world was ‘way cooler’ than involved daily congregations at the water cooler. like in high school, one person would rule the most
those dorky deputy student years. Finally we eventually learnt modern mobile commu- likely to succeed category.
nication was not a blessing but a deterrent to an un-
Previously we had gaped in awe at the lavish available status. Perhaps the corporate world was a glass house ef-
lifestyle which had become a code of young bud- fect or perhaps it was something for us to shape
ding executives. Now we were proud members of And where was the high powered, high cultured up. Our peers have risen to the challenge and have
the same clan we had so idolized. Life was indeed Wall Street executive disappearing to? Was it not proven their worth. Many have gone places wor-
good. We were attending high profile meetings. about talking the talk and walking the walk any- thy of their potential. Perhaps eventually everybody
We formulated strategic business growth models. more? Was it not about flying the corporate jet and will be classified under the most likely to succeed
We had our gourmet breakfast meetings. We had having team building sessions in the Maldives? Was category. It is just a matter of how one defines their
our mobiles configured to receive critical emails at it not about watching the cricket final sitting in the success.
any time of the day. We were right up there. This VIP box sipping cocktails? No it wasn’t. The
The LUMS MBA
Methods and Memories
By Saroop Gul MBA 2006
The beauty of the LUMS new product you have to be a bank you will be able to
MBA case method of study sensitive to local needs. avoid Finance. At the end of
is that it gives you a good the day profits rule. DoesnÊt
feel of the real work environ- The general impression was matter which business or
ment. This is in contrast to that HR and OB courses department you end up
the lecture method, where were „dabba‰. You under- working for, there will be a
the frameworks and stand their relevance when time when you will be pulling
methodologies narrated by these „dabbas‰ fall on your your hair out while reconcil-
the professor are forgotten head, initially when you have ing numbers. So its better
as soon as the students to „manage your boss‰ and not to avoid taking that Cor-
leave the classroom. In the later when you have to „man- porate Finance course be-
case method since the age your reportees‰. Every- cause trust me it comes in
frameworks are applied on one has their unique style of handy.
real life scenarios, the re- working, the key lies in un-
tention levels rise exponen- derstanding and exploiting „So what have you de-
tially. this uniqueness. Forcing cided?‰ A line oft repeated in
your reportee to work late every class, at the end of
However, this you do not re- when he has a family to take each case. You have to go
alize till you enter the real care of, can wreak havoc this way or that. There is no
work environment. I think with both his professional/ in-bet w een.Int er es tingl y
the most valuable lesson I personal life. „Know the re- there is no one particular
learnt is that every situation sistance point‰, a key take- answer. Each option has its
is unique. ItÊs funny; back in away which has helped me in pros and cons but the most
class it seemed that only not just business negotia- optimal has to be chosen.
certain courses were very tions but also in other deal- You have to use your judg-
important, the rest were ings. ment knowing that even
nice-to-haves. This might after all the analysis, if that
sound cliché but, it is really The tendency to do all your one assumption goes
true that each module student projects with wrong, it will all fall down like a
teaches something signifi- friends also backfires. Not house of cards. In class it
cant. I have lost count of the working outside your core was just your CP on the line.
number of times when I have group ef fects your team In real life the stakes are
mentally referred back to building skills. In real life, you much higher. Timing is the
cases while dealing with a sit- have to work with all sorts of key. In class you have to think
uation on the job. people. The irony is that usu- on your feet and tailor your
ally you end up working with CP as the discussion pro-
For example, some of the those you donÊt like. True gresses, likewise on the job
aspects, which we tend to you canÊt like everyone and you have to decide to launch
overlook but which, if prop- there are times when you the product at the right
erly understood, give you have to stand up for what time lest the competition
that extra edge, are: you believe in. Still you have takes advantage and be-
to learn to keep your profes- comes the leader.
Culture and norms (reli- sional and personal lives sep-
gious, traditional etc.) are arate. To excel, you have to The two years of the LUMS
very important. I remember have a working relationship
MBA just fly away but they
this case from China where with everyone. Very easy to
the narrative about the cen- preach, very dif ficult to fol- arm you with all the skills re-
tral character in the situa- low but these are the rules quired to excel in the real
tion marrying a local Chinese of the game. world. The added bonus is
girl was ten pages long. (I
the ton of cherished memo-
agree, that was stretching You canÊt run away from
it a bit too far). In todayÊs numbers. Usually a CP ries to keep you going
global village more and more based on number analysis through the harsh realities
of us are working abroad or to justif y your decision was of real life.
have regional reporting highly regarded. Same is the
lines. Even if most Gen-Y case in real life. If you know
consumers watch the same how to use data to deduce
sitcoms and movies, at the meaningful information, peo-
core they are all dif ferent. ple will regard you highly. ItÊs
So while deciding to launch a a myth that by not working in
Thriller Night

A happening year with the LUMS Music Society


By Mohammad Hassaan Aslam

The Music Society has always been committed Annie, Shafqat Amanat Ali, Roxen and Call. continued over the years.
to providing great exposure to musical entertain- The concert was an instant hit, drawing a large
ment at LUMS. The current Society President, crowd. Highlights of the night were Shafqat’s The year-end was marked by another internal
Shibli Mansuri and Vice President Ammar classical solos without music and Call who not unplugged gig held in the new student lounge. It
Rashid, both from the Batch of 2008, along only did their famous numbers but also covered featured mostly the 2008’s, the graduating
with their team took newer and bolder steps in Bon Jovi’s “It’s My Life.” The Music Society batch, a perfect goodbye to them. Apart from
the year 2007-08, resulting in the attainment also collaborated with the LUMS Entrepre- these events, other positive steps include im-
of newer heights for the society, as well as for neurial Society and helped them organize the
provement in the new music room, which has
the music loving LUMS community. YLES ’08 concert in the Sports Complex. This
been shifted to the
was another huge event, featuring bands like
sports complex and pur-
The year started like any other, with an un- Mauj, Noori and Josh, drawing a crowd of
chase of new equip-
plugged gig for the new batch of 2011, where more than 3000.
new and budding musicians were encouraged ment particularly
to perform without any restrictions on songs or After “recuperating” from all the excitement, the guitars.
the number of songs. During the autumn quar- Music Society took stage again in spring, where
ter, The Music Society hosted one of the most they hosted another ground-breaking event, the The Music Society is now
innovative and exhilarating internal events ever “Maula-Jutt Rock.” It was an internal event looking towards the next year,
witnessed at LUMS. Held late in October, the which catered with plans to hold panel discus-
concert, known as the “Thriller Night” was only to Pak- sions as well as instrument (gui-
based along the lines of Halloween, where not istani music, tar, drums as well as tabla)
only the performers, but also the crowd was themed lessons. A new recording studio is
asked to dress up in costumes. It was quite a around our being set up so that the musicians
sight in LUMS with people dressed as scarily very own Lol-
may record their originals in LUMS
as they could. Prizes were given out for the best lywood, where
itself. All in all, The Music Society
costumes. the backdrop included
plans to continue with their efforts for
a picture of Maula Jutt
promoting music within LUMS and
The Music Society then hosted one of the holding a guitar. It
biggest external concerts in the history of was a new tradi- also motivating the talented aspiring
LUMS. In collaboration with The Music, the tion, catering musicians here.
concert was known as the “Rock Drive”, and it only to Urdu
included a number of famous performers and s o n g s ,
bands from Pakistan, including Siege, Akash, vowed to be
Josh - Rocking the YLES Concert
DRAMALINE
The Dramatics Society at LUMS
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Sports at LUMS By Umair Rao

Sports at LUMS (SLUMS) is one of the most active societies at leyball), it caters to the entire LUMS student body as it renders
LUMS and believes in providing opportunities to the student to be a platform to challenge one’s athletic abilities and pro-
body that ensues to inculcate a sense of sportsman spirit, dis- vide the opportunity to pursue a sport one already knows or
cipline and responsibility during all sporting events. yearns to learn. SLUMS successfully manages to host various
inter and intra university tournaments every academic year.
Sports at LUMS is the largest society in LUMS which caters to These entail annual fixtures with various universities, partici-
approximately 60 % of the entire student body. Comprising of pation in the large scale annual Higher Education Commission
17 different sports (Athletics, Badminton, Basketball, Cricket, (HEC) Sports tournaments and participation in All-Pakistan
Football, Hockey, Netball, Rugby, Snooker, Squash, Table Ten- sports tournaments.
nis, Tennis ,Softball, Swimming, Weightlifting, Boxing and Vol-
The highlights for the last year were two international
trips. The first one was the result of the proactive
Rugby team that participated in the International 7s
Rugby tournament in Dubai where they played the best
teams and faced tough competition.

The Basketball, Volleyball, Football, Table Tennis, Ten-


nis and Badminton teams participated in the Interna-
tional Sports Festival in Turkey held at and hosted by
Bogazici University in Istanbul. Our claim to fame was
our tennis team; the final was played between Muteeb
Pasha and Said Khan (both LUMINITES) and won by
Muteeb Pasha. Shaza Fatima and Zainul Abideen
won the third position in mixed doubles in bad-
minton, whereas Misha Rehman bagged the third
position in Tennis.

SLUMS last year had the honor to host and organize


the biggest ever National Inter-University Table Ten-
nis Tournament in which 40 universities from all over
Pakistan participated. This tournament was held
over a period of four days and Karachi University
emerged as the champion after beating Punjab Univer-
sity in the final. The society also hosted the Nirala Futsal
Challenge that attracted 32 teams, both university and
school level, to play “6 a side” football matches. There
were three fields where matches took place at one time,
attracting loads of students, teachers and supporters for
external teams. This first of its kind tournament was very
successful. The Clash of the Volley bulls was also another
huge event which took place at the beach court and in
which approximately 16 teams participated. Sponsored
by Red bull, this three day tournament ended with a
celebrity match in which cricketers, models and athletes
were invited. Here the girls’ teams also participated and
that was indeed a boost to their sporting abilities and
interest.

For all other sports; namely tennis, cricket, squash,


hockey, badminton, basketball and rugby, a number
of regional and national levels inter university fixtures
were organized and played with great vigor, enthusi-
asm and sportsman spirit. SLUMS hopes and aims to take
all the sports to new heights in the next year by providing
training sessions for aspiring sportspersons and organiz-
ing all sorts of tournaments to encourage participation.
Warid Telecom sponsored most of the events organized
by SLUMS thus helping to promote sports at the university
level. Their support is highly appreciated.
The Passion for Volleyball
A message from the volleyball representatives
By Anum Basir & Qasim Hasnain
All night All right-Happening Music-Interesting food- In the heat of August and the winds of December - Students across the
batches are seen at no place other than the Volleyball Courts. Introducing to you our "Claim to Fame" for the term 07-08 and
our love of life: VOLLEYBALL.

Volleyball at LUMS is not just a mere sport; it's a sport which involves excitement, passion, and enthusiasm and most importantly
the love for the game. We invite you to come and witness this passion and excitement directly live from LUMS volley courts (Beach
court and Hard court). These are the courts where we have learned to enjoy play and play, where many have learnt after us in
awe, inspiration, imitation and most importantly mere interest and passion.

Thus we proudly claim that Volleyball is currently one of the most famous sports here at LUMS with the highest turnout in tour-
naments and the biggest support base.

We had a number of tournaments during the last year; including a 3 on 3, 6 on 6, an Intersociety Volleyball tournament and
Valentines Volleyball tournament.
We participated in the annual HEC
tournaments where both the boys
and girls teams performed really
well .The LUMS Boys Volleyball
team even attended the Turkey
sports festival hosted by Bogazici
University. As reps for this year we
hosted the Redbull "CLASH of the
Volley bulls 07." It was a unique
and exciting festival, as it was the
only Beach (Sand) volleyball tour-
nament to be held in Pakistan,
which featured, both male and fe-
male teams playing simultaneously.

We tried our best to take Volleyball


to new heights this year and we'd
like the new sports representatives to work harder on the popularity and skill of the sport by conducting more training sessions
and encouraging those individuals to play who are interested but currently don't have the skill or incentive to play.
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Some Achievements… il
Compiled by Rabia Roha

LUMUN Wins World Championship


LUMUN has done it again! We take pride in the fact that the LUMUN team has been declared World
Champion for the third consecutive year. This year Harvard WorldMUN or World Model United Nations
was held at Puebla in Mexico. There were 1600 delegates from all over the world and top class Univer-
sities like Oxford, MIT, William and Mary, West Point, Berkley, and Princeton etc. were competing for
the Outstanding Delegation Award. It is very significant that this year all eight delegates of the LUMS
team won individual Outstanding Diplomacy Awards which is a rare happening in the history of Harvard
WorldMUN. Collectively the LUMUN team was awarded the coveted Outstanding Delegation Award. This
year’s achievement of the LUMUN team is indeed a tremendous performance by the students.

Laurels in Floriculture & Horticulture


LUMS stood first in the gardens category of the universities in the 150th Annual Flower Show Compe-
tition organized by the Horticulture Society of Pakistan at Bagh – i- Jinnah. The Gardeners and their Su-
pervisors, Mr. Altaf & Mr. Kabir & lawn mower technician Mr. Muzaffar deserve special praise for their
untiring and concerted efforts.

LUMS T20 - Stars swarm to the LUMS Cricket Ground


LUMS cricket club organized a match including real cricket stars of the Pakistani Team. Watching Imran
Nazir, Shabbir Ahmad along with Junaid Zia and Abdul Rehman playing at LUMS cricket ground was ex-
hilarating for many.

LUMS Alumna wins Fellowship


The Woodrow Wilson National Fellowship Foundation announced the selection of 29 Charlotte W. New-
combe Doctoral Dissertation Fellows for 2008. Among them is LUMS alumna Nosheen Ali, now a Ph.D.
candidate in sociology at Cornell University. The 2008 Newcombe Fellowship, a highly competitive na-
tional award, provides $23,000 for 12 months of work on a dissertation in the humanities or social sci-
ences that addresses questions of religious or ethical value.
National Outreach Programme
Donors Acknowledgement Event
On June 14, 2008, LUMS NOP team of the National Outreach Programme. lence. He also shared the rationale be-
arranged a special event to acknowl- The evening started with a welcome ad- hind need-blind admission policy of
edge the generous support of the LUMS dress by Sheikh Ali Hussain, Director Re- LUMS and future aspirations of the Na-
National Outreach Programme. This source Development and Alumni Affairs tional Outreach Programme. Mr Abdul
event, hosted at LUMS, was sponsored followed by a presentation overview on Razak Dawood, the Rector of LUMS then
by Zong (China Mobile Pakistan) and had the National Outreach Programme by Dr shared with the audience, his thought
participation of more than 200 socially Syed Zahoor Hassan (former Vice Chan- that went into setting up the university
responsible guests including representa- cellor, LUMS). Dr Hassan emphasized on and the dire need of programmes like
tives of corporate identities, individuals, how LUMS had, in the last twenty three the National Outreach Programme for
alumni, students and colleagues. This years, managed to establish itself as an Pakistan. The event ended with a spec-
was the 5th Donor’s Acknowledgment institution of repute by adhering to its tacular performance by the legendary
Event organized in honor of supporters core values of merit, diversity and excel- Tina Sani.

Making LUMS Accessible to All!


The LUMS National Outreach Programme level through the NOP stream; this in- head University and Pantheon Sorbonne
(NOP) has continued to make a difference cludes the 83 NOP scholars inducted this University respectively on fellowships
in the higher education sector of Pakistan year as well as the students currently at while those who opted to work have
by providing a unique educational op- various stages in their 4 year programme. joined leading organizations such as
portunity to the brilliant yet financially dis- 13 NOP Scholars have graduated to date, Unilever, Standard Chartered Bank, Colony
advantaged students of Pakistan. Since 3 of which received Fulbright Scholarship Group, Al-Ghanim Industries Kuwait,
inception, the National Outreach Pro- and joined top universities such as Har- Habib Bank AG Zurich and Habib Bank
gramme has been successful in inducting vard, Cornell and Columbia. 3 are enrolled Limited.
190 students in LUMS at undergraduate in National University of Singapore, Lake-
In the year 2008, 7500 highly talented ally encouraging to receive such ex- fee of a NOP Scholar for the second
students from across Pakistan applied ceptional results, which would not year in 2008. The generosity of these
for admission into LUMS through the have been possible without the per- alumni and their support toward the
NOP. After conducting the evaluation sistent efforts of the NOP team and LUMS vision shows that the LUMS
test in 16 cities, 700 candidates were support of the LUMS family including spirit stays with the alumni at all times.
shortlisted for LUMS Admission Tests alumni, faculty, staff and a large num- We are truly grateful to the alumni for
coaching. The coaching sessions ber of well-wishers. contributing their time in our identifica-
were arranged at 9 different centers The growing population of NOP schol- tion process for brilliant and needy
such as Lahore, Rawalpindi, Pe- ars requires greater support from the students as well as for helping us fi-
shawar, Multan, Kohat, Attock, Sahi- LUMS family as well as socially re- nancially in this endeavor.
wal, Faisalabad and Karachi. These sponsible citizens. It has become nec- Future plans include inducting stu-
remote coaching sessions were made essary to generate sufficient funds to dents in graduate programmes
possible through the support of our sustain this noble initiative and meet through the National Outreach Pro-
partner institutions, current students educational expenses of young men gramme stream. We look forward to
and alumni. The candidates coached and women of Pakistan. BSc gradu- your help in turning this dream into re-
in these sessions would be eligible to ates of 2002 came forward to set up ality. It is only with your support and
join LUMS from Fall 2009. At least 100 an endowment fund to sponsor two encouragement that we have been
of these students are expected to be NOP Scholars. BSc Class of 2006 able to change lives and will continue
inducted at LUMS at that time. It is re- graduates have sponsored the tuition to do so in the future as well.
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-33
ALUMNI EVENTS
The Alumni Office, like every year, hosted a number of events to strengthen the alumni bond and further this
network.

Homecoming 2007 2008 Batch Alumni Orientation


The Alumni Annual Homecoming 2007 was The MBA 2008 graduating batch was welcomed to the alumni
hosted at the LUMS grounds on Saturday Decem- world on April 03, 2008. The LUMS Alumni Relations Depart-
ber 15, 2007. Alumni from various years gathered ment hosted the event at the LUMS Executive Dining Hall with a
to meet their friends and teachers. The evening presentation focused on the role of an alumnus in the growth of
started with a brief welcome from the Alumni Of- a university and benefits of being in the LUMS Alumni Network,
fice followed by addresses by Pro Chancellor Syed followed by tea. Dr. Syed Zahoor Hassan and Dr. Shaukat Ali
Babar Ali, First Vice Chancellor Dr. Syed Zahoor Brah also talked to the batch about their upcoming professional
Hassan, Dean of Business School Dr. Shaukat Brah lives. The rationale of this forum was to enhance the involvement
and Dr. Jamshed H. Khan. Alumni Irfan Khan and of these soon to be alumni in the university activities and most im-
Sheikh Muhammad Ali also exchanged their views portantly, develop a life long relationship with their alma mater.
with the audience. A scrumptious dinner was fol-
lowed by a swinging concert by none other than Similarly the BSc 2008 batch was welcomed to the alumni world
Strings. The support of generous sponsors con- on May 14, 2008. These prospective alumni were given details
tributed a lot towards the success of the evening. of all the benefits and responsibilities of being LUMS alumni. Dr.
Syed Zahoor Hassan in his talk emphasized on the importance of
The next afternoon, the alumni were invited to the maintaining a strong link with the university even after leaving
Homecoming Sunday Sports at the sports centre. the campus with their degrees. The evening ended with tea in the
The current sports society competed with the pre- central courtyard.
vious popular sportspersons of LUMS at various
sports, during the afternoon. The day ended with
tea for all participants at the executive dining hall.
LUMS Alumni UAE
Karachi Alumni Chapter Reunion 2008
Chapter Reunion 2008
The UAE Alumni had a reunion at Al LUMS hosted the Karachi Alumni Chapter Reunion at the Karachi Sheraton,
Dhiyafah Ball Room, Crowne Plaza on Ballroom on May 31, 2008. A large number of Alumni attended the event
April 25, 2008. Syed Babar Ali and Dr. including many young professionals as well as high profile corporate enti-
Syed Zahoor Hassan attended this event. ties.
The alumni gave ideas for the develop- Dr. Syed Zahoor Hassan gave an update about the growth and changes in
ment of the university and discussed vari- LUMS over the years. He also highlighted the importance of alumni partici-
ous issues with each other as well as the pation for the advancement of LUMS and how their contributions can make
LUMS team over dinner. a big difference in helping the National Outreach Programme students. He
discussed some future projects and plans regarding LUMS and its different
schools. Dr. Shaukat Ali Brah then talked about the Suleman Dawood School
of Business and the new SDSB Building that is being constructed. Thereafter
Muhtashim Ashai, an alumnus from MBA 1992 shared his experiences at
and since LUMS. Muhammad Yaqoob Baqapuri, an alumnus of MBA 1988,
the first batch of LUMS, also said a few words, reminiscing about his days at
his Alma Mater

The evening proceeded with stand-up comedy improvisation by Saad Ha-


roon and Danish Ali who kept the audience entertained with their hilarious
performance. A lavish dinner concluded this fun filled evening.

Islamabad Alumni Chapter


Reunion 2008
The Islamabad Annual City Chapter Reunion was
hosted at The Monal Restaurant, on June 29, 2008.
The beautiful location in the Daman-e-Koh Mountains
added to the evening of meeting friends and renewing
old ties. Dr. Syed Zahoor Hassan and Dr. Shaukat Brah
addressed the alumni with updates on the university fol-
lowed by Alumni Salman Abdul Wassay and Luqman
Ali Afzal’s expression of their bond with LUMS. The
event was successful due to the generous support and
hosting at the Monal by Alumnus Luqman Ali Afzal.
Mark Saturday
December 20, 2
008
on your calend
ar

Cancel All Appoin


tments..........

RSVP all family engag


ements........

LUMS
Alumni Annual
Homecoming
2 0 0 8
Strings Performance at Homecoming 2007
&/
Class notes
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LJKI8C@8 $<I JFE ;8D N?F @J EFN 89FLK )8E1 " 3@D9C<;FE <K: 8J 8 ;4-9910 -C--0 4-C8- 8E;
KNF 8E; 8 ?8C= P<8IJ FC; ?8J JK8IK<; .& FE ") 8E; /GFIKJ E8CPJK FE X)IJ )<Y DFM<; KF L98@ =IFD 9L
ELIJ<IP J:?FFC @J 8CI<8;P J?FN@E> * !ILD @J ?<8; F= %EM<JKD<EK ?89@ &8N88; @J 8 ?@>? =CP@E> @EM<JK
>I<8K K8C<EK @E K?< 8IKJ 8E; @J GIF98 8EB@E> 8E; ;M@JFIP 8K ,8B ILE<@ D<EK 98EB<I JKIL:KLI@E> D<>8 ;<8CJ
9CP K?< PFLE><JK :?@C; GC8P@E> K?< %EM<JKD<EK FDG8EP %E ?@J JG8I< K@D< ?< @E;LC><J ?@J CFM<
G@8EF N@K? JL:? <EK?LJ@8JD 8E; J<I@ =FI =@E< ;@E@E> 8E; =@E<I :8IJT
FLJE<JJ 3@K? ?<I :I8QP KI8M<C J:?<; -40 &4-4 @J @E )<C9FLIE< C@M@E>
LC< 8IFLE; K?< NFIC; 8E; N<<B<E;J M<IP ?8GG@CP N@K? ?@J N@=< 8E; NFIB !-A>11: -04-:5 @J @E 8I <J
@E ,8I@J 8E; 2<E@:< J?< ;F<JE K K?@EB @E> 8J 8 :FEJLCK8EK N@K? 8 :FDG8EP /8C88D <EAFP@E> CFKJ F= JLEJ?@E<
J?< :8E :FD< 98:B KF K?< :FIGFI8K< :8CC<; /0@ :LII<EKCP JLGGFIK@E> K?<@I 9<8LK@=LC 9<8:?<J 8E; 8 I<N8I;@E>
NFIC; ALJK P<K =LE; 8::FLEK@E> 8E; LE@K I<>@JKIP AF9 8J JJF:@8K< @I<:KFI 8K K?< >8
GIF;L:K =FI >CF98C :C@<EKJ $< 8CJF @E '?8E 1E@M<IJ@KP /?< ?8J 8 =@M< P<8I
9.1> 8E; &4-450 8I< JK@CC @E K?< M<JKJ @E =@E8E:@8C D8IB<KJ @E ?@J JG8I< FC; ;8L>?K<I N?F CFFBJ C@B< ?<I 8E;
38J?@E>KFE D<KIF 8I<8 8E; EFN K@D< %E K?<@I =I<< K@D< K?< :FLGC< JFLE;J C@B< ?<I <<I@< /?< JK@CC CFM<J
?8M< C@KKC<7 9FPJ P88E )8JL; N8J KI@<J KF <OGCFI< ;@==<I<EK G8IKJ F= 2@: KF I<8; KF C8L>? 8E; KF ?8M< =LE 8C
9FIE FE L> 8E; %Q88E )8JL; KFI@8 8E; LJKI8C@8 -8119- K?FL>? J?< ?8J >FK ?<I 8:K KF><K?<I
KLIE<; FE L> /?8?@; C<=K &-89-: @J C@M@E> @E (8?FI< ?8J 8 K?I<< 8J 8 J@E>C< DFD 0?< NFIC; @J FG<E
Class notes
@E K<IDJ F= E<OK DFM< JF B<<G @E
KFL:? !;9-: +-7;;. @J JK@CC K?<
LE;<I :FM<I XJ<K?Y F= K?< 98K:? $< @J
EFN 8 =8D@CP D8E N?F XD@JJ<J ?FD<
JG<E;J <M<IP JG8I< DFD<EK 8N8P
=IFD K?< F==@:< 8K ?@J C8:B9<IIP
NFIB@E> 8E; ;@I<:K@E> ?@J JK8== J <O
G<:K<; ?<YJ FE< F= K?< DFJK JL::<JJ
N< 9< ;F@E> 8E; N@CC 8EP F= LJ D8E
8>< KF ><K KF><K?<I KF :<C<9I8K< 8
;<:8;< J@E:< N< >I8;L8K<; % >L<JJ
N< CC =@E; FLK E<OK P<8I )<8EN?@C<
@E '8I8:?@Y 9<KN<<E ?@J 9LJ@E<JJ KI@GJ =LC 98EB<IJ @E K?< @KP 2FD@: I<K8@EJ ?<I< J N?8K <M<IPFE< @J LG KF EFN
KF ?@E8 L98@ T ?< JG<E;J 8CC 8M8@C 8 G8JJ@FE =FI ,8B@JK8E@ GFC@K@:J 8E;
89C< K@D< =FCCFN@E> <M<IPK?@E> I<C8K<; D8P J<:I<KCP ?8I9FI 8D9@K@FEJ F= I< .0A8 -::-: ..-?5 @J NFIB@E> @E
KF =FFK98CC 8E; :I@:B<K 8E; >FC= 8E; KLIE@E> FE< ;8P 8J ,) (9-> &-52 (FE;FE N@K? )FI>8E /K8EC<P $< @J
T @J K?< =8K?<I F= KNF 9FPJ $8;@ ?8GG@CP D8II@<; 8E; @J D@JJ@E> *<N
P<8IJ 8E; C@ P<8I $< NFE K?< 5FIB 0118 -:110 11> @J NFIB@E>
%5FC-: 2@-. DFM<; KF 0FIFEKF %!!! ,<I:FD )8IB 3<@J<I N8I; @E &<IJ<P @KP 0118 -958 &5005=A5
=IFD 1/ 8E; @J <EAFP@E> C@=< K?<I< ?@>?<JK 8N8I; F= I<:F>E@K@FE @E 8E; !-05- A??-5: I<:<EKCP DFM<;
NFIB@E> =FI % 98EB K<:?EFCF>P JF ?@J =@<C; F= I<J<8I:? $@J I<J<8I:? FE KF 38J?@E>KFE N@K? K?<@I P<8I
CLK@FEJ >IFLG 8J 8I:?@K<:K &-95> ;<M<CFG@E> NFIC; K<:?EFCF>@<J N8J FC; ;8L>?K<I V)8I?FFEW $< ?8J
&4-574 C@M<J @E /"+ @J D8II@<; 8E; =<8KLI<; @E *<N /:@<EK@JK @E *FM 9<<E NFIB@E> FE K?< ?<8CK?:8I< J@;<
?8J 8 JFE $< NFIBJ =FI M8P8 8E; ?@J K?I<< JK8IKLGJ C8LE:?<; GL9 F= K?< :FDGLK<I @E;LJKIP 8E; ?FG<J
&4-4F-0 4-: @J C@M@E> @E +KK8N8 C@: 9<K8 @E K?< I<:<EK =<N DFEK?J KF =@E8CCP ;F JFD<K?@E> DFI< D<8E
8E8;8 N@K? ?@J N@=< 6<98 8E; KNF NNN LDG%E :FD :FEK<OKL8C :?8K @E>=LC K?8E :F;@E> 8K NFIB =K<I =@
:?@C;I<E $8B8E 8E; )<C@B< NNN :?+G88C GB JF:@8C E<KNFIB@E> E8CCP GLKK@E> JFD< N<@>?K FE ?@J
$< J =@E8CCP ;FE< N@K? ?@J ,? @E 8D FM<I K?< /)/ 8E; NNN J<<*I< JB@EEP 9FE<J ;<<CF EFN JG<E;J
9I@;>< 1' 8E; @J EFN NFIB@E> 8J 8 GFIK :FD :@K@Q<E AFLIE8C@JD DL:? K@D< KIP@E> KF B<<G @K F== I8K?<I
J<E@FI J:@<EK@JK N@K? %/0%( @EK<I8: LEJL::<JJ=LC JF =8I 058 #->-/4-
K@M< I<J<8I:?@E> K<:?E@HL<J KF K<8:? (?9-: %-A2 8E; D@E8 C@M< @E 9L N?F ?8J 9<<E NFIB@E> @E K?< 1' =FI
8E; 8JJ<JJ JB@CCJ M@8 :FDGLK<I >8D<J ?89@ N?<I< 1JD8E @J 8 N?@Q 8K 9LJ@ K?< C8JK P<8IJ I<:<EKCP AF@E<; '@D
$< ?8J 8CJF 9<<E NFIB@E> FE 9L@C;@E> E<JJ 8E; =@E8E:@8C I<J<8I:? $@J I< 9<ICP C8IB !LIFG< 8J !LIFG<8E
@EK<CC@><EK 8><EKJ K?8K :8E <DGCFP C8E GFIKJ ?8M< =8I I<8:?@E> @DG8:K FE K?< I8E; )8E8><I FE K?<@I 98K? K@JJL<
>L8>< KF ;<DFEJKI8K< <DFK@FEJ 8E; JKF:B D8IB<KJ 8E; @E ;<K<ID@E@E> 9LJ@E<JJ $< @J K?< GIFL; =8K?<I F= 8
G<IJFE8C@KP /?8?Q8; ?8J K8B<E LG :FDG8E@<JY =LKLI< @E K?< 1 ! 1JD8E 9FP 8E; KNF >@ICJ 0:-: 4A@@-
9@B@E> 8E; D8E8><J B@CFD<K<IJ 8 ?8J ;<M<CFG<; 8 G8JJ@FE =FI >FLID<K 8E; !-5>- -@52 4-A04>E ?8M< 8
;8P :FDDLK@E> KF NFIB 8E; 98:B %= =FF; 8E; #<ID8E :8IJT *-=-> 8E; M<IP :LK< JFE E8D<; )@B8@C 8E; 8I<
8EPFE< :FD<J 9P +KK8N8 ?< @EM@K<J D<E8 I<J@;< @E (8?FI< 8E; 8I< <O <OG<:K@E> 8EFK?<I FE< @E C8K< L>LJK
K?<D KF M@J@K 9LK JL>><JKJ K?8K PFL G<:K@E> K?<@I =@IJK 989P @E *FM<D9<I ;E8E @J JK@CC NFIB@E> 8K )@:IFJF=K
8MF@; K?< N@EK<IJ K?FL>? LEC<JJ @EJ?8CC8? +-:--8 4A>?450 ?8J 4910 -950-:5 @J NFIB@E> @E /@E
PFL I< D8E FI NFD8E <EFL>? KF I<KLIE<; KF C@M< @E (8?FI< 9LK :FEK@E >8GFI< 8125- ;@5- 8E; ?L99P
9I8M< E<>8K@M< K?@IKP <CJ@LJ K<DG<I L<J KF NFIB @E K?< =@E8E:@8C D8IB<KJ $LQ8@=8 8I< JN<CK<I@E> U :FEJK8EKCP U
8KLI<J 9CFN@E> JEFN 8E; 9C8:B @:< @E *<N 5FIB 0?< 98:?<CFI 8K C8I>< @J @E %IM@E> 04 ?8KK<I9FO 68@E89
;<=@E@E> K?< X>FF; C@=<Y @E (8?FI<T 8E; DFEK? FC; 68?I8 K?< #I899<I
&E10 85 @J C@M@E> @E (8?FI< N@K? 8 8I< <EAFP@E> J:?FFC GFFC 8E; E8GJ
;8L>?K<I 8E; 8EFK?<I FE K?< N8P $< 85E- &-8-4A005: @J NFIB@E> @E (FE
J8PJ C@=< @J >FF; FK?<I K?8E ?8M@E> KF ;FE 9-:A88-4 522>1E ->5-<<1>
I<K?@EB FE ?@J DFM< 98:B KF K?< C8E;
F= K?< GLI< >@M<E K?< GI<J@;<EK 8E; &/ 8=K<I JG<E;@E> 8 :FLGC< F= P<8IJ @E
#I<EF9C< "I8E:< @J 98:B @E (8?FI<
K?< GI@D< D@E@JK<I $< @J 9<>@EE@E> KF 8E; 98:B 8K /KI8K<>@: /PJK<DJ %EK<I
I<:8CC K?< @EK<I<JK@E> 8E; 8IK@:LC8K< E8K@FE8C //% $< J CFFB@E> @EKF K<8:?
GIF 8IDP <G@CF>L<J 8E; ?FN K?< 336(-2%836 @E> :FDGLK<I J:@<E:< <JG<:@8CCP @E
G<I:<GK@FEJ ?8M< :?8E><; EFN $< 1))0 #-% ,%2 GL9C@: J<:KFI @EJK@KLK@FEJ 8E; @J
?FG<J K?@E>J CFFB 9<KK<I =FI ,8B@JK8E NFIB@E> KF I8@J< GFC@K@:8C 8N8I<E<JJ
K?< E<OK K@D< K?@J D8>8Q@E< ><KJ GL9 )0&3962) 97-2)77 8DFE> K?< PFLK? G8IK@:LC8ICP JKL
C@J?<; FK?<IN@J< @K CC ?8M< 8EFK?<I ',330 ;<EKJ F= (8?FI< 9.1> %5-F @J
GFJK FE D@>I8K<; KF %1))0 /,%2 +1%-0 '31 ;F@E> ?<I ,? =IFD +O=FI;

&E10 );95/ !A> @J XN<CC ?@;;<EY @E 8 9.>11: 58-:5 =FID<ICP %H98C


%K J N?@:? D<8EJ K?<I< @J FE<
GCLJ? ;@JKI@:K F= (FE;FE )I 8E; )IJ )8C@B >FK D8II@<; KF ;E8E ?8J ALJK
P<8I KF >F 9<=FI< FLI :C8JJY P<8I
*LI )8I@C<E8 8I< 9FK? A<K J<KK@E> @E DFM<; KF *<N 5FIB 8E; @J CFM@E> 8CC
I<LE@FE 3?<I< N@CC N< 9< N?8K N@CC
M<JKD<EK 98EB<IJ 8K @K@98EB 2FD@: K?8K K?< :@KP ?8J KF F==<I
9118 ,5- 4-: =@E@J?<; ?@J )
=IFD )<C9FLIE< LJ@E<JJ /:?FFC 8E;
GC8EJ KF JK@:B 8IFLE; @E )<C9FLIE<
=FI 8 =<N DFI< P<8IJ N?@C< ?@J N@=<
Class notes
JFEJ JFFE -@59- AF-22-> @J C@M@E>
@E (FE;FE /?< J 9LJP 9<@E> 8 =LCC K@D<
DFD KF ?<I K?I<< P<8I FC; JFE
)@B8<<C 1>;F1 A8F-> @J 9LJP GC8P
8EB 8E; K?< 1* ;<:@;<; KF GLIJL<
8E 8:8;<D@: C@=< 8E; @J NFIB@E> KF
N8I;J ?<I ,? @E $FCC8E; $FN<M<I
J?< @J F=K<E =FLE; A<K J<KK@E> KF )8I
=@E@J?<J ?<I ,? $< @J 8E 8:K@M< 9CF> @E> GFCF N?@C< ILEE@E> ?@J =8D@CP 9LJ@ 9<CC8 FI )8CCFI:8 -45>- -4- 8E;
><I 8E; PFL :8E I<8; ?@J GIF=<JJ@FE8C E<JJ FE K?< J@;< @ < N?<E<M<I ?< ->110 ,-22-> 8I< 9FK? @E (8?FI<
9CF> 8K @EJ8E@KPNFIBJ FI> 8:D< 8E; D8E8><J KF =@E; K?< K@D< 8N8P =IFD
?@J G<IJFE8C 9CF> 8K GFCF $< >FK D8II@<; KF 5:- 4-> -4B-?4 7>-9 ?8J DFM<; KF
@EJ8E@KPNFIBJ FI> I8E;FDK8E><EK C8JK <:<D9<I A-0 4-F-:2-> @J L98@ =IFD (FE;FE N@K? ?<I ?LJ
95> 85 -2>5 @J NFIB@E> =FI )@ NFIB@E> =FI *<JKC< @E (8?FI< 98E; 5LJL= 8E; ?8J K?I<< B@;J 8
:IFJF=K @E /<8KKC< =5. 8-45 9FP 8E; KNF >@ICJ -749;;> A8
14.;;. @J 8K ' /<:LI@K@<J @E -??-: 85 ?8J AF@E<; * / @E /8E -??-: @J NFIB@E> N@K? /?<CC @E (FE
'8I8:?@ ?4-. !-119 %H98C @J "I8E:@J:F @E K?<@I 8E@D8C JG8:< M<E ;FE 8J 8 =@E8E:@8C :FEJLCK8EK =FI
NFIB@E> =FI D<I@:8E !OGI<JJ @E (FE KLI< GIF>I8D $< >FK @E=CL<E:<; 9P #CF98C )<I><IJ 8E; :HL@J@K@FEJ /K@CC
;FE $< >FK D8II@<; C8JK JLDD<I 8E; JL=@8JK@: %JC8D 8E; KFFB 8 I<:<EK KI@G 8CC F= =<<K K8CC ?< @J I<>LC8ICP
@J GC8EE@E> 8 DFM< 98:B KF L98@ KF )8LI@K8E@8 KF ><K 9C<JJ@E>J =IFD 8 JKFGG<; 9P K?< F99@<J =FI I8E;FD
?52 96-0 D8;< JFD< 9@> DFM<J P<8I FC; JL=@ J?8PB? -??-: =LCC 9F;P J<8I:?<J ->5A9 !-119
K?@J P<8I ?< C<=K /8L;@ $FCC8E;@ 8EB -B10 @J @E .<;DFE; 5:- 4-> @J :LII<EKCP @E (FE;FE N?<I< J?< @J
* DIF KF AF@E I<;@K /L@JJ< @E NFE ?<I J<8K @E K?< <C<:K@FEJ NFIB@E> N@K? /?<CC 8J K?< !LIFG<8E
.@P8;? 8E; ;LI@E> K?@J G<I@F; JFD< N@K? 8 JKIFE> D8AFI@KP 8E; @J EFN 8 I<;@K )8E8><I =FI K?< M@8K@FE LJ@
?FN =FLE; K?< K@D< KF ><K ?@K:?<; KF JG<:@8C 8JJ@JK8EK KF K?< ,) FE <:F E<JJ /?< :8E LJL8CCP 9< =FLE; @E M8I
/8E8 ?59 A@@ @J D8B@E> 8IK @E EFD@: 8==8@IJ 38P KF >F $@E8 /?< @FLJ !LIFG<8E :@K@<J 8J J?< :FEK@EL<J
'8I8:?@ 8=K<I >I8;L8K@E> =IFD %E;LJ >FK D8II@<; KF "<IFQ< #LCQ8I @E < KF :CF:B 8@I D@C<J E; P<J J?<
28CC<P /:?FFC F= IK 8E; I:?@K<:KLI< :<D9<I 5:- 4-C-> ?8-9 )8B?DFFI 8E; )8I@LD JK@CC =FID K?<
@E @J D8II@<; KF B98I ?D8; 8E; ?8J /: GFN<I >IFLG @E /?<CC (FE;FE
J<KKC<; @E (FE;FE 0?<P ?8M< 8 NFE /8D<<I C<=K K?<D =FI JLEE@<I JB@<J
?59 19;: 8E; ->5E-9 -:?A> ;<I=LC ;8L>?K<I 68I8 2@574-> ->5E-9 -:?A> ?8J 8 9<8LK@=LC C@K
8I< 9FK? NFIB@E> =FI )@:IFJF=K @E %-25 >FK D8II@<; 8E; @J :LII<EKCP KC< >@IC /?< @J NFIB@E> @E )@:IFJF=K
/<8KKC< ??10 14-:35> 8E; '-:5- NFIB@E> =FI 8 /N@JJ 98EB @E L98@ N@K? ?<I ?L99P ?59 19;:
'->5= 8I< <EAFP@E> K?<@I JK8P @E !E 9>-: 4910 @J NFIB@E> 8J 8 /8C<J ->A74 2@-. @J NFIB@E> =FI *FB@8
J:?<;< K?< *<K?<IC8E;J N?<I< ,C8EE@E> E8CPJK N@K? K?< ?8E;J<KJ /@<D<EJ L98@ 8J 8 K<C<:FDDLE@:8
JJ<; @J >F@E> KF ><K 8 ;F:KFI8K< ;< ;@M@J@FE 8K )FKFIFC8 )@;;C< !8JK 8E; K@FEJ :FEJLCK8EK 8E; I<:<EKCP ?8; 8
>I<< K?@J P<8I $< 8CJF CFM<J KF GC8P @J ;F@E> 8E <M<E@E> ) =IFD K?< 9<8LK@=LC 989P >@IC 14>11: '-:B5>
N@K? P88E P<8I FC; JFE 8E; 1E@M<IJ@KP F= /KI8K?:CP;< A:-50 5: A@@ ALJK 8KK<E;<; ?<I =@M< P<8I >I8;
C8@E8 P<8I FC; ;8L>?K<I -.-> -4-:35> @J GIF989CP @E 8E8;8 L8K< J:?FFC I<LE@FE @E FJKFE 8E; @J
45-? @J IF:B JK<8;P @E *5 N@K? 4-C-6- -?45> (005: @J C@M@E> @E J?F:B<; K?8K @KYJ 9<<E JF CFE> J@E:<
.89@8 8E; ?@J DFEK? FC; 989P L98@ N@K? ?@J N@=< /8E8 8E; J?< <EK<I<; K?< I<8C NFIC; 0?<J<
;8L>?K<I -5?-8 *-4-. :FEK@EL<J KF ;8L>?K<I 68PE8? $< @J NFIB@E> 8J JG8:< J:@<EK@JKJ J?FLC; JKFG N8JK@E>
ILE ?@J G?8ID8 8E; KF@C<KI@<J 9LJ@E<JJ /8C<J )8E8><I =FI !)/ N?@:? @J K?<@I K@D< ;<DFK@E> ,CLKF 8E; JK8IK
@E '8I8:?@ $< 8CJF I<:<EKCP C8:B <IIP J ,8IKE<I @E NFIB@E> FE K?8K K@D< D8:?@E<
AF@E<; 8 9IFB<I8>< ?FLJ< )@;;C< !8JK =I@:8 ,IFEKF
8J $<8; F= I8E; <M<CFG 4A>>-9 4-85= 4-:
D<EK -5?-8 *-?1E >FK >FK D8II@<; KF "8K@D8 14C5?4 ,-9-: @J 8 =LCC K@D< DFD
D8II@<; 8E; @J JK@CC CFM@E> $8P8K @E )8P 8E; @E (FE;FE $<I JFE 6FI8E< @J
@K ->411: ;@5- =FID<ICP KF><K?<I K?<P JK8IK<; 8 DFEK?J FC; ;-FF-9 85 4-: @J
CN@ @J @E '8I8:?@ ->;;= E<N @EK<I@FI ;<J@>E :FD NFIB@E> =FI 1E@C<M<I @E (FE;FE 8E;
A?@-2- 8-B5 @J NFIB@E> G8EP "' FCC<Q@FE@ '?LI ?8J 8 989P 9FP ;4-9910 %-F-8
=FI /K8E;8I; ?8IK<I<; @E I8D @J JK@CC NFIB@E> N@K? 5:4-? @J JK@CC @E K?< 1/ ;:-FF-
'8I8:?@ -@59- ?4>-2 ?@J :FDG8EP -L8;I8 ?8-9 >FK ?<I ,? 8E; @J EFN NFIB
JK@CC :8CCJ $FLJKFE 0<:?EFCF>@<J 8E; K?<@I @E @E> KFN8I;J 8 GFJK ;F: @E +O=FI;
?FD< /?< B<<GJ K<IE8K@FE8C G8IKE<IJ /?< I<:<EKCP ?8; 8 989P >@IC 68I8
9LJP <EK<IK8@E@E> <LKJ:?< 0<C<BFD 8BKIFE A4-99-0 9--: 7>-9 @J NFIB
=FLI P<8I FC; ?D<; @:J 8E; )# 5>-: !-:65-:5 @J @E> @E (FE;FE 8E; ?8J KNF 9<8LK@=LC
8E; FE< P<8I FC; /FG?@8 GIF989CP @E K?< 1' -4- 4910 ;8L>?K<IJ A4-99-0 -?-:
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Class notes
DFI< K@D< 8K ?FD< @E L98@ N@K?
->A74 2@-. 8E; ?@J KNF DFEK?
FC; 989P 68I@8 0?<I< 8I< ILDFIJ K?8K
?< JFC; ?@J JFLC KF ):'@EJ<P 8E; FE<
=8@CLI< 8K K?< ;I@M@E> K<JK $<I ?LJ
98E; N?F KFFB K?I<< K@D<J KF G8JJ @J
GI<GG@E> ?<I JF ?FG<=LCCP J?< J @E
J8=< ?8E;J /?< @J EFN N@K? "@K:? 8E;
/?8 ?< :FEK@EL<J KF CFM< K?< JFLE;
F= ?@J FNE MF@:< 8E; F==<E; G<FGC<
N@K? ?@J JKIFE> M@<NJ FE ALJK 89FLK
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NFE;<IJ @= ?< CC <M<I HL@K K?< :FEJLCK @J K?< GI@D8IP I<8JFE 9<?@E; K?< JL9 GIFL; F= K?< =8:K K?8K ?@J N8@JK C@E< @J
@E> C@=< A4-99-0 "91> =.-8 @J GI@D< :I@J@J <O8:KCP K?< J8D< 8J @K N8J @E :FCC<><
JK@CC ?8GG@CP D8II@<; 8E; NFIB@E> =FI %E =8:K EFK?@E> DL:? ?8J :?8E><;
)@:IFJF=K @E /<8KKC< %A:--? 14119 @J ?8GG@CP D8II@<; <O:<GK K?8K ?@J ?8@I @J ALJK 8 C@KKC<
C@M@E> @E &<;;8? 8E; D8E8>@E> ,8E >I<P<I @E :<IK8@E GC8:<J 8E; ?@J 8KK@
A4-99-0 ";?9-: C8LE:?<; J<M K<E< =FI K?< I89@8E ,<E@EJLC8 I<>@FE KL;< @J ALJK ALJK 8 C@KKC< K8D<I K?8E @K
<I8C FEC@E< J<IM@:<J =IFD /@C@:FE 28C $< ?8J C<=K K?< G8IKP C@=<JKPC< 8E; @J LJ<; KF 9< &-95> ,-450 @J D8II@<;
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GFIK8C @J K?< FC;<JK J<IM@:< 8E; @J FE< N@K? C@D@K<; JL::<JJ $< :8E 9< /8@I8 &->-4 -@59- ,-7- @J NFIB@E>
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@E> :FD 8 N<9J@K< ;<J@>E@E> :FD E<OK 8JJ@>ED<EK KF 9< @E <@ILK .L :FEJLCK8EK @E (8?FI< /?< ?8J KNF
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?FJK<; < :FDD<I:< N<9J@K<J =FI 8E; ?8J MFN<; KF FM<IK8B< /8CD8E 8CKFI @E K?< 2@I>@E@8 8I<8 &14>
D<I:?8EKJ .<:<EKCP ?< M<EKLI<; ?D<; 8J K?< J<:FE; C<8JK DLJ:LC8I &41574 @J 9LJP N@K? ?<I JFE 68P88E
@EKF DF9@C< D8IB<K@E> 8I<8 9P C8LE:? >LP @E K?< 98K:? &-->- &-859 @J 9LJP 8E; <O:<CJ 8K D8B@E> =8EK8JK@: 9@IK?
@E> 8 N<9J@K< =FI I<8C <JK8K< D8IB<K 9<@E> 8 DFD @E (FE;FE &-89-: ;8P :8B<J
@E> NNN 0OK $FLJ< :FD A?@-2- 4910 NFIBJ =FI #FC;D8E /8:?J @E
,A825=-> %-78- :FDGC<K<; ?@J ) (FE;FE $< I<:<EKCP >FK ?@J 1/ M@J8 &41574 ;4-99-0 85 D8E8><J
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):'@EJ<P $< 8E; )8IQ@8 I<:<EKCP :<EKCP =8@C<; ?@J ;I@M@E> K<JK &-89-: &4-4F-0 -?-: @J :LII<EKCP KI8;@E>
?8; 8 ;8L>?K<I 4-850 @J NFIB@E> @E 8 :L9< =FI )@ (8K@E D<I@:8 :I<;@K ;<I@M8K@M<J 8K
:IFJF=K @E /<8KKC< C@B< D8EP FK?<I /: )<II@CC (PE:? @E *<N 5FIB @KP N?<I<
!-.114- -2-> @J @E '8I8:?@ 8E; @J =FCB &-89-: -4.A. @J 98J<; @E ?< JG<E;J DFJK F= ?@J K@D< NFIIP@E>
M<IP 9LJP K<8:?@E> 8K 9FK? K?< FE 8E; ?<CG<; ><K K?< /: :IFN; 89FLK K?< M8>8I@<J F= K?< (8K@E ;<9K
M<EK F= &<JLJ )8IP 8E; (< :FC< =FI KF ?FC; J<M<I8C I< LE@FE G8IK@<J @E D8IB<KJ 0?<I< @J JK@CC EF ;<J@ >@IC @E ?@J
;M8E:<; /KL;@<J /?< ?8J 8 =FLI (FE;FE &-89-: -49;;0 @J ?8G C@=< GC<8J< EFK< K?< ;<J@ G8IK F=
8E; 8 ?8C= P<8I FC; ;8L>?K<I %D8E G@CP D8II@<; 8E; C@M@E> @E 0<O8J K?8K C8JK J<EK<E:< &4-F5- ->;;=
!-?5> -?A0 4-: @J :LII<EKCP NFIB &-9-: &41574 @J NFIB@E> =FI , / @E %-459 @J @E '8I8:?@ &4-E-: 1405
@E> 8K < 8P %E: 8J 8 /<E@FI /F=KN8I< ?@:8>F K?8K KFF @E K?< DFJK ;8E ,-505 ?8J :FEK@EL<; KF D8@EK8@E ?@J
!E>@E<<I !-A9-: 7.-> @J @E (8 ><IFLJ E<@>?9FI?FF; @E D<I@:8 GFJ@K@FE 8K K?< KFG F= /: <IJ )FJK
?FI< !10- A865 @J @E L98@ N@K? /?< J?LKKC<J 9<KN<<E ,8B@JK8E N?@:? !C@>@9C< 8:?<CFIJ C@JK 8CC K?FJ< N@C;
&-911> :11? 8E; K?<@I ;8L>?K<I J?< :8E K <M<I ?8M< <EFL>? F= 8E; G@:KLI<J FE ?@J "8:<9FFB GIF=@C< ;F
C<J?8 N?F @J M<IP :?8KKP ALJK C@B< K?< 1/ KF NFIB FE <O:@K@E> C@=< K?I<8K K<CC K8C<J 8=K<I 8CC /K@CC 98J<; @E
?<I ;8; !5>9-8 -.-> @J @E K?< 1/ <E@E> AFLIE8C@JK@: GIFA<:KJ @E 9FK? ?@:8>F ?< ?8J I8:B<; LG 8 =<N D@C
!;B5>- &-.5> @J @E (FE;FE 9LJP :FLEKI@<J KF :FDG<EJ8K< =FI EFK ?8M C@FE D@C<J KI8M<CC@E> :F8JK KF :F8JK
9<@E> 8 DFD KF ?<I KNF ;8L>?K<IJ @E> 9<:FD< K?< =@IJK ,8B@JK8E@ "FIDLC8 N@K?@E K?< :FEK@E<EK8C 1E@K<; /K8K<J
C@Q<? 8E; )8E8C 8E; ILEE@E> ;I@M<I $<I =LKLI< GC8EJ @E:CL;< N?@C< NFIB@E> FE M8I@FLJ GIFA<:KJ
8 JD8CC 9LJ@E<JJ F= ?<I FNE .LJLD 9I<8B@E> 98II@<IJ 8E; GIFDFK@E> CFM< $@J :LII<EK >F8C @E C@=< @J KF 8:HL@I<
NNN ILJLD :F LB N?@:? ;F<J 8E; KFC<I8E:< =FI ?LD8E@KP 8K C8I>< ;FL9C< GC8K@ELD JK8KLJ N@K? 8CC K?<
G?FKF>I8G?P 8E; D8B< LG =FI %= J?< J <M<I CL:BP <EFL>? K?< FECP D8AFI 1/ 8@IC@E<J 9<=FI< K?<P >F
9I@;<J "91> 149;;0 ?-0 @J G<IJFE J?< CC ILE FM<I N@K? ?<I "<II8I@ 98EBILGK FI J?LK ;FNE K?<@I FG<I8
:LII<EKCP NFIB@E> =FI *<KNFIB GGC@ N@CC 9< .8Q8C K@FEJ 8CKF><K?<I 0?< 9<JK GC8:< KF
8E:< 8=K<I I<A<:K@E> 8E F==<I =IFD :8K:? ?@D @J 8K ?@:8>F J + $8I< %E
#FF>C< %E 8 >CF98C JLIM<P ;FE< I< &-911> ;4-99-0 :11? I<:<EKCP K<IE8K@FE8C @IGFIK &E10 A?@-2-
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K?@J :C8@D $< @J ?8GG@CP D8II@<; KF JKI8K<>P :FEJLCK8EK N@K? IK?LI (@K :<D9<I
)8@I8 8E; C@M<J @E JLEEP 8C@=FIE@8 KC< $8GG@CP D8II@<; KF !10- A865
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GC8EJ KF JG<E; K?@J P<8I 9<@E> 8 J<I@8C ;8L>?K<I C<J?8 GIFEFLE:<; C@ =CFFI 8K <LKJ:?< @E /@E>8GFI<
/8CD8E KI@<J 98C8E:@E> ?@J K@D<J

9FJJ 8K NFIB 8E; 9P /8DI<<E 8K


?FD< '-EE-. %-25= -8-3-9C-8-
Class notes
9<KN<<E ><KK@E> ?@J 9LKK B@:B<; 9P ?@
N?8K PFL I< LG KF <M<E @= 8CC PFL >@M<
LJ @J 8 FE< J<EK<E:< LG;8K< FE PFLI
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NFIB@E> KFN8I;J 8E 8C9LD .<C<8J<
;8K< JFD<K@D< @E K?< =LKLI< W
11:5?4 -857 NIFK< V%E K?< C8JK FE<
@J NFIB@E> =FI ?@J =8D@CP 9LJ@E<JJ @E
'8I8:?@ (9-5> -858 @J 8E <EKI<GI<
E<LI N?F C8LE:?<; 3<9 8E; )F9@C<
&/ P<8I 8 CFK ?8J :?8E><; % HL@K % %
DFM<; KF K?< 1' N@K? DP ?LJ98E;
NFIB<; N@K? ?@D =FI 8 P<8I @E K?<
3 ) 8 JF=KN8I< =8D@CP 9LJ@E<JJ 8E; ?8; 8 989P >@IC 
;<M<CFGD<EK :FEJLCK@E> 9LJ@E<JJ 336(-2%836 %K J 9<<E 8 #.! 0 P<8I "FI K?< K@D<
?<8;HL8IK<I<; @E L98@ 3 ) ?8J &-( 3,7-2 9<@E> % D <OG<I@<E:@E> 9<@E> 8 =LCC
;<M<CFG<; JF=KN8I< JFCLK@FEJ LJ<; K@D< DFD 8E; ?FLJ<N@=< 8E; CFM@E>
9P :FDG8E@<J @E :FLEKI@<J
' -27)< 3 <M<IP DFD<EK W 58-8 -857 @J NFIB
@E C8E>L8><J 1D8@I @J ?8GG@CP D8I %&-(13,7-2 +1%-0 '31 @E> 8J 8 ,IFA<:K )8E8><I 8K FE=@Q /F
I@<; 8E; ?8J 9<8LK@=LC 989@<J 9 CLK@FEJ @E (8?FI< ,8B@JK8E $< @J
;LCC8? P<8IJ FC; 8E; :LII<EKCP EFK?<I P<8I >F<J 9P 8E; KNF D@JJ@E> ?@J =I@<E;J =IFD /: 8
LE;<I>F@E> :8E:<I KI<8KD<EK 8K /@:B K?@E>J ?8GG<E 8 ,<FGC< 9<:FD< CFK 8E; N@J?<J <M<IPFE< 9<JK F= CL:B
'@;J ?FJG@K8C @E 0FIFEKF =FI JK8>< JDL> 8E; ?8M< 9<KK<I K?@E>J KF F: @E K?<@I :8I<<IJ
E<LIF9C8JKFD8 D8P CC8? :LI< ?@D :LGP K?<@I C@M<J =8D@CP B@;J 8 E<N
:FDGC<K<CP 8E; >@M< ?@D 8 CFE> AF9 <K: 8E; K?<I<=FI< =8CC FLK F= ->;;: -: ->E-8-E K@<; K?< BEFK
?<8CK?P 8E; 9C<JJ<; C@=< @E K?@J NFIC; KFL:? N@K? FC; =I@<E;J 9 0<:?EFC C8JK P<8I 8=K<I :FDGC<K@E> ?@J ((
GC<8J< GI8P =FI ?@D 8E; 8P8E F>P GIF>I<JJ<J 8K 8 :LDLC8K@M< I8K< =IFD (FE;FE 1E@M<IJ@KP 8E; 8E (()
P<8IJ FC; NNN LD8@IA8C@C :FD 8E; D8B<J @K <8J@<I 8E; <8J@<I KF ><K =IFD $8IM8I; 1E@M<IJ@KP $< @J :LI
(?9-: *-4110 @J NFIB@E> 8J 8 98:B @E KFL:?  $<I< @J N?8K @J LG I<EKCP NFIB@E> 8K $8@;<IDFK8 F @E
I8E; )8E8><I 8K *<JKC< =FI ?@C;I<E N@K? K?< /: 98K:? 8J :FCC<:K<; '8I8:?@ ,8B@JK8E /FD< K?FL>?KJ
$<8CK? *LKI@K@FE *<JKC< *% + $< K?IFL>? #D8@C "8:<9FFB (@EB<;%E V/FD<K@D<J :8EYK I<8CCP 9<C@<M< @KYJ
@J ?8GG@CP D8II@<; 8E; ?8J 8 KNF 8E; 8E; :?<8G K<C<:FDDLE@:8K@FEJ 0?< 9<<E P<8IJ J@E:< K?< (1)/ <E
8 ?8C= P<8I FC; ;8L>?K<I E8D<; G<FGC< EFK D<EK@FE<; 8I< <@K?<I KI8E:< K<JK 8E; P<8IJ J@E:< >I8;L
.<<D 1JD8E @J ?8GGP KF KFL:? 98J< ;F@E> K?< J8D< K?@E> 8J C8JK P<8I FI 8K@FE 3?<K?<I @K N8J K?< N<8K?<I FI
N@K? PFL FE (@EB<;%E 8E; "8:<9FFB ?8M< J?LEE<; ?LD8E :FEK8:K 8E; K?< J N<I< KLIE<; FE M<IP CFN
+-?5> 85 @J JK@CC GC8EE@E> FE ?FN KF 9<:FD< I<:CLJ@M< ?<ID@KJ %E FI;<I F= (1)/ J<<D<; C@B< 8 :FC; ;<K8:?<;
><K ?@J :?@C;I<E @EKF $8IM8I; ,11 I<JGFEJ< I<:<@M<;T GC8:< 8K =@IJK 9LK @K ;@; <M<EKL8CCP 9<
?4-: -:?;;> @J NFIB@E> =FI ?@J =8D :8D< C@B< 8 J<:FE; ?FD< 8J %YD JLI<
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I@<; J@E:< 8E; @J :LII<EKCP B@:B JK8E; <M<E DFI< % D@JJ K?< >I<8K
C8JJD8K<J EFK @E:CL;<; @E K?<J< @E> 9LKK 8J /F=KN8I< <M<CFGD<EK K@D<J FE K?< JF::<I =@<C; K?< ?@C8I@
EFK<J 5?4- -??-: =FID<ICP )8 )8E8><I 8K D8QFE :FD @E /<8KKC< FLJ 8EEL8C JKL;<EK J?FNJ 8E; F=
JFF; .8J?@; :5@- -:F;;> 38J?@E>KFE 1/ ,I<M@FLJCP ?< N8J :FLIJ< K?< V8CC E@>?K<IJW CN8PJ ;<
4-A04>E -?-:-@ 4910 8 /F=KN8I< FEJLCK8EK 8K ):"8;P<E CL;<; FLIJ<CM<J KF K?@EB N< N<I<
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A4-99-0 %-?450 A4-99-0 E<<I@E> =IFD #<FI>< )8JFE 1E@M<I K?8E KLIE<; G8><J 9LK N?P NFLC;
(91> ->;;= !-05- %149-: J@KP @E "8@I=8O 2@I>@E@8 1/ A:5. PFL E<<; KF JKL;P N?<E .<?D8E
%-:- &-66-0 49-0 &-.11: 4-850 &5005=5 @J J@E>C< 8E; NFIB@E> '?8E :FLC; K<8:? PFL 8CC K?< D8K?J
#5>F-0- &4-9- &-110 &E10 K?< E@>?K J?@=K 8K ::<EKLI< 8 ?@>?CP PFL E<<;<; KF BEFN 8 ;8P 9<=FI<
-?-: -?:-@ &E10- &414>.-:; I<>8I;@E> :FEJLCK@E> =@ID $< DFM<; K?< K<JK +K?<I D<DFI@<J 8I< JFD<
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-05 8E; *-?52 '-:B5> 0?@J @J K?< )@:IF <M@:<J M<IP K@D<CP DFM< 8E; ?8QP =FI I<8JFEJ BEFNE FECP KF
J<:FE; P<8I N< ?8M< JL::<JJ=LCCP ALJK 9<=FI< %EK<C :8D< 8E; 8K< ) YJ K?< @E@K@8K<; 0F >8L>< ?FN DL:? C@=<
:FDG@C<; FLI :C8JJ EFK<J FEC@E< %= CLE:? -@59- ->0-> 8E; 85 8B5 ?8J :?8E><; DFJK F= FLI :C8JJ ?8J
PFL N<I<E K 8N8I< K?8K K?@J :FDG@C8 8I< D8II@<; 8E; 8I< 9FK? NFIB@E> 8K EFN J<KKC<; ;FNE 8E; K?< DFI< =8I
K@FE N8J ?8GG<E@E> PFL I< GIF989CP )@:IFJF=K @E .<;DFE; 38J?@E>KFE J@>?K<; F= LJ 8I< GIF989CP D8B@E>
EFK @E KFL:? N@K? K?< I<JK F= LJ FE 1/ 0?<P NFLC; C@B< KF J8P V/K@CC 8K GC8EJ =FI K?<@I :?@C;I<E J <;L:8K@FE 8K
)P"8D@CP :FD FI FE "8:<9FFB )@:IFJF=K JK@CC D8II@<; JK@CC EF B@;J  (1)/ <JK F= CL:B KF <M<IPFE< W
,C<8J< ;F ><K @E KFL:? N@K? LJ 9< C@ ?@J 98E; 0) 8I< GC8EE@E> KF
:8LJ< N< I<8CCP NFLC; C@B< KF BEFN FG<E =FI C@ QD8K @E /<8KKC< 28E $8IFFE &8E K?<E 8;;<; 8 EFK< FE
Class notes
->;;: &41574 V(@=< ?8J DFM<; FE
J@E:< FLI K@D< 8K (1)/ 9LK LE=FIKL
E8K<CP N< CFJK FE< F= FLI :C8JJ @E
KF 8 KI8>@: 8::@;<EK @E )<DG?@J
JFD< FLKJK8E;@E> NFIB N?@C< ;F@E>
PFLI ,? 8K 58C< 8E; K?<E C<8IE JFD<
@EJ@>?K =IFD K?< I8D9C@E>J FE 8 I8E
;FD N8CC @E ,8B@C8E; I@CC@8EK
2F-8 @J D8II@<; N@K? B@;J NFIB@E>
?8I; 8K %/ (8?FI< N?@C< :FDGC<K@E>
)/ @E /F=KN8I< ,IFA<:K )8E8><D<EK
=IFD " /0 ,I<M@FLJCP ?< N8J NFIB
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8 KILCP FLKJK8E;@E> G<IJFE $< :<IK@=@<; GIF=<JJ@FE8C N?@:?
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9LK EFK D8II@<; 8J P<K )8P9< % CC =FC $< J8PJ V =K<I NFIB@E> =FI P<8IJ @E
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Class notes
@E *FM KI8@CJ @E G@K:? ;8IBE<JJ 8E; GFLI@E>
I8@E W *FN K?8KYJ 8N<JFD< !-A9-:
F4-> 8E; E1?4- *-4110 :?FJ<
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K@D< 8D NFIB@E> KFN8I;J J<KK@E> LG K?@E> % :8E GLK @EKF K?< :C8JJ EFK<J A4-99-0 ->4-: 4-: @J JK@CC
DP :FDG8EP 0<:?KIFE@O 9LK % BEFN K?8K K?<P 8I< ;F@E> M<IP NFIB@E> N@K? .FP8C 8EB F= /:FKC8E;
?KKG NNN K<:?KIFE@O 9@Q @E ,8B N<CC 8E; C@M@E> N@K? K?<@I ;8L>?K<I @E GI<M@FLJCP * ).+ L98@ 8E;
@JK8E DFE> FK?<I GIFA<:KJ DP :FD /8E &FJ< 8C@=FIE@8 1/ *8LD8E @J ?<I< @J N?8K ?< ?8J KF J8P FE ?@J C@=<
G8EP @J 9L@C;@E> 8 N<9J@K< =FI :LII<EKCP 8K +I8:C< K?IFL>? 8E 8:HL@ JF =8I V%K ?8J 9<<E 8 =8JK G8:<; =LE
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89IF8; KF ><K HL@:B 8::<JJ KF @E=FI 8K #FF>C< 8=K<I JG<E;@E> D8EP L98@ %= K?< NFIB ;F<JEYK B@CC PFL K?<
D8K@FE I<M@<NJ I8K@E>J 8E; G?FKFJ DFFEJ 8K )@:IFJF=K @E .<;DFE; D8JJ@M< KI8==@: A8DJ N@CC JLI<CP ;F 9LK
F= 9LJ@E<JJ<J @E ,8B@JK8E 0?< N<9J@K< 38J?@E>KFE 1/ $< :8E EFN 9< FE K?< 9I@>?K<I J@;< K?< ;I@M< K@D< @J
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K?< E<OK P<8I 9FFB :FDD<EKJ 8I< >@E@8 1/ :CFJ< KF 38J?@E>KFE &8EL8IP 8E; 8D ?8M@E> 8 >I<8K K@D<
;L< W $< @J NFIB@E> =FI 8G@K8C +E< 8 =@ D @E KFL:? N@K? 898 +D<I EJ8I@
E8E:@8C @EJK@KLK@FE JG<:@8C@Q@E> @E /?<?Q8; 8E; JA8; ?<I< 3@J? PFL 8CC
&--0 :?->5 @J JK@CC 8K )@:IFJF=K 9LK :I<;@K :8I;J K?< M<IP 9<JK @E C@=< 8E; GC<8J<
?8J 9I8E:?<; FLK @EKF 8 9LE:? F= 8E; FK?<I N?FJF<M<I ;IFGJ 9P @E L98@
?F99@<J $< ILEJ D8I8K?FEJ 8E; 8C :I<;@K GIF; ;<=@E@K<CP ><K @E KFL:? W
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D8I8K?FE N?@:? =FI K?FJ< EFK =8D@C 21>E @J E; JF N?8K @J LG N@K? D<
@8I D<8EJ ;F@E> B@CFD<K<IJ FI NFIB@E> =FI 8 .50 ;4?5: N8J 8
D@C<J @E D@ELK<J 89FLK D@E ?<;>< =LE; GI<KKP >FF; P<8I #FK DP GIF
LK<J G<I B@CFD<K<IT :I8QP /88; DLJK @E *<N 5FIB =<JJ@FE8C C@=< JFIK<; FLK 9P
?8M< 9@FE@: BE<<J $< GC8PJ VDLJ@: 1/ $< >FK JN@K:?@E> =IFD 8 /I )8IB<K@E>
J?LQ@:BW N@K? C@ CM@ 8E; FG<E@E> =FI D8II@<; C8JK )8E8><I GFJ@K@FE 8K 8 /@C@:FE
C@ QD8K JFFE "9-> :?->5 >FK +:KF9<I 8E; >F<J 98:B KF ,8B@JK8E 28CC<P JK8IKLG NNN F <JB :FD KF
D8II@<; @E &8E 8E; @J 98J<; @E GI<KKP I<>LC8ICP &A9-5> #->B-5F ALJK K?< /8E "I8E:@J:F F==@:< F= ):'@EJ<P
L98@ 1E@K<; I89 !D@I8K<J NFIB@E> ?8; 8 989P 9FP E8D<; 6@;88E F #FK DP ?<8CK? JFIK<; FLK 9P
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'8J?@= % ?8M<E K ILE @EKF 8EPFE< <:FEFD@<J $< @J :LII<EKCP C@M@E> @E
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@E KFL:? W G<IJFE @E FLI 98K:? KF ?8M< KN@EJ 8038-% 0917%0912- 4/
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N8J K?< C8JJ F= /:?FC8IJ?@G
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Class notes
I<JK F= FLI 98K:? 0?@J G<IG<KL@KP
=LE; ;FE8K<; 9P 8CC F= LJ @J 8EK@:@
G8K<; KF GIFM@;< K?< J:?FC8IJ?@G F= 8
;<J<IM@E> :8E;@;8K< 8K (1)/ <M<IP
F? JF ?8GG<E@E> /8L;@ I89@8 @E K?<
?FG< K?8K K?<P NFLC; I<:F>E@Q< ?@J
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KF K?< F==@:< <M<IP;8P +E K?< G<I
FE;J ?J8E ?@J?KP J GF@EK F= M@<N
K?@J @J JK@CC 8 >I<8K :FLEKIP
A8?A9 ..-?5 @J GI8:K@J@E> !:FE
GI<J<EK8K@FE JB@CCJ FE LEJLJG<:K@E>
P<8I 8E; =FI<M<I 0?@J @J 8E 8:?@<M< JFE8C =IFEK "8@J8C ?8J =@E8CCP >@M<E LG # ! :8E;@;8K<J 'LCJLD JK@CC =<<CJ
D<EK K?8K JLI<CP ;F<J LJ GIFL; K?< I<@>EJ F= ?@J =I<<;FD KF 8 D<D PFLE> 8K ?<8IK 9LK I<>LC8I :FEK8:K
9<I F= K?< =8@I<I JG<:@<J 8E; :FEK<D N@K? 8;FC<J:<EKJ GLKJ ?<I @E ?<I
8CJF D8IBJ P<8IJ J@E:< N< 8CC GC8K<J 8KK<E;@E> 9LJ@E<JJ J:?FFC N@K? GC8:< -45>- 8E-? 8J GIFD@J<; ?8;
=@IJK D<K <8:? FK?<I $<I<YJ =@E;@E> ?<I %K ?8J 9<<E 8 :I8QP P<8I =FI ,8B D8;< :?8E><J @E ?<I C@=< /?< DFM<;
FLK N?8K K?< C8JJ F= ?8J 9<<E @JK8E 8E; "8@J8C ?FG<J <M<IPFE< 8E; 98:B KF ,8B@JK8E @E L>LJK 8E;
LG KF K?@J G8JK P<8I K?<@I =8D@C@<J 8I< ;F@E> N<CC ->-F AF@E<; 48MFI FEJLCK@E> /?< @J <E
&4-450 4-: @J NFIB@E> 8K <CF@KK< AFP@E> ?<I NFIB 8J 8 /F=KN8I< !E>@
4?-: -B10 45?4@E ?8J DFM<; 0FL:?< ,?@C8;<CG?@8 8J 8 K<8D C<8;<I E<<I 8E; C@B<J K?< GC8:< 8E; G<FGC<
8>8@E 3<CC DFI< C@B< DFM<; 98:B KF $< 9<:8D< K?< GIFL; =8K?<I KF 8 KFF /?< ?8J 8CJF =@E8CCP >FKK<E ?<I
) 8G@K8C N?<I< ?< @J EFN @E 989P 9FP C8K< C8JK P<8I $@J E8D< @J N@J? F= ;F@E> ) 8E; N@CC 9< AF@E
:?8I>< F= K?< @EK<IE8K@FE8C <HL@KP 68@E "8I8Q '?8E ->-F &41574 K?@EBJ @E> K?< ) GIF>I8DD< 8K (1)/
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J8C<JD8E KI8;<IJ ?< JG<E;J ?@J >@M<E K?8K ?< ?8J JG<EK DFJK F= ?@J JK8PJ N<CC @E ,8B@JK8E 8E; J?< @J 89C<
DFIE@E>J 8=K<IEFFEJ 8E; <M<E@E>J K@D< =@E@J?@E> ?@J ,? :FLIJ<NFIB @E GLIJL< ?<I ) N@K? <8J< %EJ?8CC8?
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K?< G<IJFE8C =IFEK ?< ?8J GIFM<; ?@J ,? FDG <O8DJ @E <: =@E@J? KF >F =FI @K / ,
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:FD< @EM<JK @E ,8B@JK8E *F J<I@FLJCP 8::FDGC@J?D<EK F= 8E 8E8CF>FLJ =<8K EFN NFIBJ 8K )@:IFJF=K 8J 8 ,IF>I8D
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:?8CC<E><J 8K *@I8C8 N?<I< ?< N8J 8><D<EK :FEJLCK8E:P & ! LJK@E
9LJP J<KK@E> LG 8 E<N 9LJ@E<JJ LE@K =K<I CFE> P<8IJ N@K? K?< KC8J JJF:@8K<J %E: 8E; :8E K 9<C@<M< @K
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(1)/ GLIJL@E> ?@J ) ;<>I<< 0?@J /LJ? '8K ,I@ @E (FE;FE 8E; NFE;<I@E> N?<I< C@=<
GC8:< ?8J :?8E><; 8 CFK J@E:< /: 8P8EB8 <K: 8I< N@CC K8B< ?<I E<OK ;95:- #5>-/4- @J
8E; @ D@JJ DP 98K:? FE K?< K<C<M@ K?< DFK?<I F= KNF 9<8LK@=LC B@;J
J@FE /F =<CCFN "8@Q88E 8E; )8?LD 8E; <EAFP@E>
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@E &LCP %EJ?8CC8? JK8IK<; >F@E> KF K<IJ <N8I< F= K?< 89LE;8E:< F= G8IBJ 8E;
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=FI 9FLK1J FI> 8J 8 FEK<EK !;@KFI DFI< J<I@FLJ KF KLIE @EKF 8 JF::<I DFD FI >F
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Class notes
-8K8I D@JJ<J #C8J>FN 98;CP 8E; 8K
K?< J8D< K@D< @J J<8I:?@E> =FI =LIK?<I
GIFJG<:KJ @E I<J<8I:? G8IK =IFD
AF9 ?LEK@E> J?< @J :8K:?@E> LG FE
02 GC8PJ JHL8J? FI ;I@M<J ;FNE KF
$8I8D $< @J K?8EB@E> <M<IPFE< =FI
K?< >I<8K JG@I@K 8E; G8JJ@FE @E :FE
KI@9LK@E> =FI /: *+, J:?FC8I
*FJ?<<E 8E; I &8?8EQ<9 9P K?< JKFI@<J 8E; <M<EKJ K?8K KFFB GC8:< J?@G 3< M< 8CI<8;P :FCC<:K<; FM<I
<E; F= K?< P<8I %E 8;;@K@FE KF NI@K@E> N@K?@E K?< =8D@CP @J N8K:?@E> DFM@<J 1/ N@K? :FDD@KD<EKJ
LG K?<@I ;@JJ<IK8K@FEJ K?<P CC 9< =CP@E> 8E; ?8J JK8IK<; G8@EK@E> 8>8@E >C8; NFIK? 1/ 3< CC ><K KF K?<
KF M8I@FLJ =LE ;<JK@E8K@FEJ LE;<I K?< KF J<< K?8K K?< KFL:? ?8J I<D8@E<; @E 1/ ELD9<I @E 8 :FLGC< F=
>8I9 F= 8:8;<D@: :FE=<I<E:<J &8 K8:K P<8IJ 9LK ?8M< 8CI<8;P JK8IK<; K8CB
?8EQ<9 8CJF NFLC; C@B< 8CC F= PFL KF @E> N@K? (1)/ FE ?FN KF LK@C@Q< N?8K
M@J@K ?@J I<:<EKCP D8;< N<9J@K< &4-574 $-?119 CFJK ?@J =8K?<I <8ICP N< ?8M< :FCC<:K<; 3@CC B<<G PFL
NNN KFL:?G8;GIF :FD C8JK P<8I $< 8CJF >FK E@B8?F=@<; C8K<I GFJK<; ,-5:1. *-4110 J8@; 8 K<8I
@E K?< P<8I P<J DFM@E> @E N@K? ?@D =LC >FF;9P< KF ,8B@JK8E 8E; J?@=K<;
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>FK D8II@<; <8IC@<I @E <:<D9<I ?< J JK@CC 8K D8QFE :FD &41574 @J K?< GIFL; DFK?<I F= FE< P<8I FC;
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JG@I@K F= (LDJ 8C@M< @E '8I8:?@ 9P >@M K?<I F= ;8L>?K<I .8E@8 $8HL< 8E; 9C< FE "8:<9FFB FI N8K:?@E> /% FE
@E> JLIGI@J< HL@QQ<J 8E; :8K:?@E> LE JFE /?<@B? ID>?8E LC $8HL< ?< @J $
JLJG<:K@E> :?<8K@E> (<M<C D8K? <EAFP@E> K?< 9<JK F= =8D@CP C@=< #F;
JKL;<EKJ 8K K?< (P:<LD =K<I P<K 8E 9C<JJ<; & >@1F- N@K? 8 9FP C8K< @E
FK?<I P<8I $-?59 &-110 @J JK@CC :FE
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NFIB@E> =FI K?< D8E 8K )@:IFJF=K 8J
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K?< :FIGFI8K< J<CC FLK 8E; ?@J <O 9C<JJ@E>J >@M<E KF ?@D 9P CC8? <J
KI8:LII@:LC8I 8:K@M@K@<J $< 8CJF GI8PJ G<:@8CCP =8K?<I?FF; 8E; ?8M@E> 9FK?
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8E; :FEK@EL< KF ?8M< 8E <M<E D8II@<; <8IC@<I K?@J P<8I 8E; @J JK@CC C@M
9<KK<I 8E; K?8K K?IFL>? JFD< @E> @E /@C@:FE 28CC<P NFIB@E> 8K 0?@J P<8I J: :FEK@EL<; LJ@E>
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F= ,8B@JK8E :8E ?<8C K?<DJ<CM<J =IFD FGK@FEJ NFLC; 9< NFIK? 8 =FIKLE< 9P EFK<J A:11. 85 -:0 &-:-
K?< <M<EKJ 8E; KI8><;@<J F= I<:<EK K?< K@D< K?<P =LCCP M<JK &4-450 105@10 @41 25:-8 :;@1? 9LK
8E; EFK JF I<:<EK K@D<J &-89-: 8:KL8CCP K?< <EK@I< 98K:? @J K?< 8LK?FI
7>-9 ?8J 9<<E AL>>C@E> K@D< 9< (9-5> $-F5 =@E8CCP :?8E><; AF9J J@E:< N< ;FEYK BEFN N?F :FE
KN<<E =8D@CP 8E; ;8LEK@E> AF9 :FD 8=K<I >I@E;@E> @K FLK 8J 8 :FEJLCK8EK KI@9LK<; N?8K $<I< N< >F
D@KD<EKJ 3@=< @J DFJKCP :FDGC8@E@E> =FI P<8IJ @E L98@ %E /<GK<D9<I
8J DFJK N@M<J ;F FE K?< :FJK F= ?< D8;< K?< ALDG =IFD /K8IK FEJLCK ??-9 )1D 4-850 DFM<; KF 10
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JK8IK<; NFIB@E> =FI $, @E K?< 1' $< ;<G8IKD<EK 0?< :?8E>< F= AF9J 8CJF DLJ@: J:<E<J 8K LJK@E 8E; F::8J@FE
GC8EJ KF :FEK@EL< FE K?< C<8IE@E> 9IFL>?K 89FLK 8 :?8E>< @E 98J< 8E; 8CCP <EAFPJ 8 :@>8I +E< F= K?< =@IJK
:LIM< 8E; ;I<8DJ F= 9<:FD@E> 8 1D8@I ?8J DFM<; 98:B ?FD< KF 9L K?@E>J ?< ;@; 8=K<I C8E;@E> @E 0<O8J
/ , FEJLCK8EK @E K?< E<8I =LKLI< $< ?89@ 8=K<I 8 CFE> P<8IJ $< 8>I<<J N8J KF 9LP 8 >L@K8I 5<J K?8K @J DFI<
NFLC; 8CJF C@B< KF K?8EB "8I8Q /?8?@; N@K? ?J8E K?8K ,8B@JK8E @J 8 >I<8K @DGFIK8EK K?8E =FF; >A.- >2-: @J
'?8E 8E; 1JD8E @A8Q =FI ?<CG@E> D8IB<K KF @EM<JK @E 8E; @J KIP@E> KF NFIB@E> @E %JC8D898; =FI 1"FE<
?@D @E K?< GI<G8I8K@FE =FI K?< JKI<EL :FEM@E:< % F= K?< J8D< (9-> -058 4-: 8E; &4-.-:- .0A88-4
FLJ @EK<IM@<N@E> GIF:<JJ 8K <CF@KK< ->59 4-: @J JK@CC @E &<;;8? NFIB C@M< @E L98@ 8E; 8I< <EAFP@E> K?<
&-9>11: 4-: >I8;L8K<; N@K? )/: @E> =FI , # J )@;;C< !8JK ,8B@JK8E E<N 8;;@K@FE KF K?< =8D@CP K?<@I
!:FEFD@: <M<CFGD<EK @JK@E:K@FE 9LJ@E<JJ $< J >FKK<E LJ<; KF JG<E; DFEK? FC; ;8L>?K<I D8E@ -95>
=IFD 1E@M<IJ@KP F= #C8J>FN 8E; @J =@ @E> E@>?KJ @E KI8EJ@K 8E; GC8E<J 8E; 8B5 @J D8II@<; KF $8AI8 .@QM@ N?F
E8CCP 98:B N@K? ?<I =8D@CP 0?<J< ;8PJ JC<<G@E> ;LI@E> D<<K@E>J %E =I<< ?8J D8;< 8E ?FE<JK GLE:KL8C @K
J?< @J 8:K@M<CP CFFB@E> =FI 8 AF9 @E K@D< ?< N8K:?<J 8E; D@D@:J #!+ NFLC; 8GG<8I D8E FLK F= ?@D
Class notes
8E; 8=K<I 8E>BFB 8E; &8B8IK8 @J
GFJK<; @E /@E>8GFI< :LII<EKCP PFL
D8P =@E; K?<D @E K?< ) :C8JJ
EFK<J $< @J N@K? K?< @EK<IE8K@FE8C
;/45 >?4-0 @J @E /@E>8GFI< 8=K<I
?@J ) 8K K?< *8K@FE8C 1E@M<IJ@KP F=
/@E>8GFI< *1/ 85 2F-8 -857 @J
@E (FJ E><C<J $< ?8J :FDGC<K<; ?@J
8E; ?8J 8 DFEK? FC; ;8L>?
K<I 1111 4-: @J ?8M@E> =LE FE "LC
9I@>?K 8E; J?FN@E> LG 8K <M<IP J@E>C<
1/ :@KP N@K? 8 << 98E> CC K?< (1)/
D8E8><D<EK GIF>I8D 8K N?8K @J EFN )/ 8E; @J EFN GLIJL@E> 8 ,? @E =FCBJ @E K?< 1/ 8I< /+ ?8GGP K?8K J?<
K?< .FP8C 8EB F= /:FKC8E; GFJK K?< FDGLK<I /:@<E:< =IFD 1/ $@J @J ?<I<<<<<<<< +? 9<=FI< N< =FI><K
* DIF K8B<FM<I 8E; ?8J JK@CC EFK JKL;@<J 8I< 9<@E> JGFEJFI<; 9P "LC J?< @J 8K #<FI>< 38J?@E>KFE 1E@M<I
CFJK ?FG< N@K? ,8B@JK8E EF D8KK<I 9I@>?K 8E; $! ,8B@JK8E 85 ! J@KP 58-8 5885 49-0 @J =8K 8E;
N?8K ?< J8PJ KF D8B< PFL 9<C@<M< !-C-F 4-: @J JK@CC NFIB@E> =FI D8II@<; N<CC 8K C<8JK K<:?E@:8CCP $<
FK?<IN@J< 1E@C<M<I 98J<; FLK F= L98@ $< >FK ;<:@;<; KF ><K E@B8F=@<; 8E; =FI>FK
D8II@<; I<:<EKCP 85 ,5- 4-: @J JK@CC KF @EM@K< ?@J :CFJ< =I@<E;J FE K?<
-95> 4A8-9-:5 DFM<; 98:B KF N@K? *<JKC< 5FL :8E J<< JFD< F= ?@J <M<EK (<KYJ ?FG< =FI ?@J FNE >FF;
'8I8:?@ 8=K<I JF D8EP P<8IJ @E K?< >FF; NFIB FE 02 @E K?< =FID F= K?8K ?< ;F<JE K I<G<8K K?@J D@JK8B< FE
1/ -9:- 8-935> 8E; -C-4-> !M<IP 8P :FDD<I:@8CJ $@J 989P >@IC K?< N<;;@E>
4910 &-66-0 8I< :LII<EKCP @E #<I @J 8 KIL< ;FCCP 8CN8PJ JD@C@E> <O:<GK
D8EP NFIB@E> FE 8 :FEJLCK8E:P GIFA N?<E @K @J =FF; K@D< F= :FLIJ< C@ E>58 89150- @J NFIB@E> =FI 8 I<G
<:K =FI K?<@I ) ;<>I<< >I8;L8K@E> 8E; )<?I KFFB 8 M8:8K@FE KF )8C8PJ@8 LK89C< C8N =@ID @E '8I8:?@ N?@C< D8B
@E &LCP .50- !-3>- @J =@E@J?@E> 8 J?FIK K@D< 98:B 8E; J@E:< K?<E C@ @J @E> I<>LC8I 8GG<8I8E:<J FE 8NE
?<I D8JK<IJ 8K #<FI><KFNE 1E@M<I FE 8 CFFB FLK =FI ?<8; ?LEK<IJ @E *<NJ 02 3< I8E;FDCP :FD<
J@KP /?< @J 8 "LC9I@>?K J:?FC8I .5?4 )8C8PJ@8 0?< :FLGC< NFLC; 9< M@J@K 8:IFJJ 8IK@:C<J NI@KK<E 9P ?@D @E
';?112 4-: >I8;L8K<; =IFD $8I @E> %JK8E9LC J?FIKCP =FI 8 *<JKC< D8I 8NE 8E; "I@;8P 0@D<J $< 8CJF D8E
M8I; 8E; @J C@M@E> K?< :I8QP 38CC /KI<<K B<K@E> NFIBJ?FG 8><J 8 9CF> NNN :PI@C8CD<@;8 :FD
C@=< @E *5 /?< @J NFIB@E> =FI #FC; @E ?@J JG8I< K@D< -:5-8 %-:64-
D8E /8:?J 0118 4-: @J NFIB@E> 95@ #5:6-:5 @J NFIB@E> 8K (FE;FE DFM<; KF LJKI8C@8 -::E 2F-8 @J
KFN8I;J ?@J ,?@C 8K 8D9I@;>< 1' !:FEFD@:J 8J 8E <E<I>P :FEJLCK8EK @E ;FE< N@K? /K8E=FI; 8E; DFM<; KF
0118 $-5?1> @J JK@CC 8K * . '8I8:?@ K?< 1/ 95:- -?-: @J 8 C8NP<I *<N 5FIB $< @J NFIB@E> =FI (<?D8E
49-0 69-8 @J ;F@E> ?@J )8JK<IJ 8K ;FE< N@K? FCLD9@8 8E; NFIB@E> @E IFK?<IJ -:5?4 A611. >FK
1%1 FE 8 "LC9I@>?K J:?FC8IJ?@G *5 9:- 58-8 ALJK I<:<EKCP >FK D8II@<; KF )<?I<<E /?8DJ @E GI@C
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DFEK?J N?@C< ?<I ?LJ98E; NFIBJ @E
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Class notes
?<8;9LDG 9CF>JGFK :FD

K?< 1/ <JB 8K ,8B@JK8E "FI<@>E +=


-?11.
5: F5F @J 8E JJ@JK8EK @I<:KFI FE

=@:< ?< @J @E :?8I>< F= >@M@E> =@E8C 8G


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JKIFCCJ @E '<E@CNFIK? FI ><KK@E> KF K?< 98K:?<J I<GFIK K?8K J?< N8J K?<@I =8 -:?;;> 4910 85 I<:<EKCP >FK
1/ K<EE@J =@E8CJ ?< :8E 9< JGFKK<; MFI@K< K<8:?<I 8K (1)/ N?@C< JKL D8II@<; @E '8I8:?@ KF .88E@8 14>
8K K?< @EK<IE8K@FE8C 8C>FI@K?DJ 8E; ;<EKJ =IFD FC;<I 98K:?<J N@J? K?8K &4-A7-@ @J B<GK 9LJP 9P ?<I 989P >@IC
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8 )8JK<IJ 8K *51 FE 8 "LC9I@>?K :FDG8EP /K@CC 38K<IJ ,L9C@J?@E> @J J<KKC<; @E !E>C8E; 8E; NFIBJ =FI
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Class notes
D8II@<; @E <:<D9<I

G8@; 8 =@E< F= ! =FI


M@FC8K@FEJ A>@-F- A88A -8-5 @J
;4?5:
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J8E /: "9-> &-?4- - >FK D8II@<; KF 6<<J?8E ?D<; C8JK D<I 8E; @J 8CJF ><KK@E> D8II@<; @E K?<
>;;= >I8;L8K<; =IFD 5FIB 1E@M<IJ@KP P<8I 8E; @J EFN C@M@E> @E '8I8:?@ C8JK HL8IK<I F= &;.5- &-9-0
8E; @J @E 8E8;8 JFD<N?<I< *FK 8>8@E /?< J ?<CG@E> LE;<IGI@M@C<><; 4-850 @J NFIB@E> =FI )F9@C@EB %JC8D
DL:? @E=FID8K@FE 9LK ?<P @KYJ 9<KK<I B@;J N@K? 0?< @K@Q<EJ "FLE;8K@FE 898; 8E; <EAFP@E> C@=< N@K? ?L99P
K?8E EFK?@E> "91> ;91>? K?<J< ;8PJ 8E; JK@CC G8@EK@E> FE K?< 1JD8E '?8C@; J<< ) EFK<J =FI LG
&41574 K@<; K?< BEFK N@K? "8@Q8 K?<I J@;< *F <O?@9@K@FEJ P<K K?FL>? ;8K<J FE 1JD8E /?< @J 9<?@E; K?<
FE <:<D9<I K? 0?<P &-0-2 &4-9? @J NFIB@E> 8J 8 /F=K I<:<EK JL::<JJ F= C8:B <IIP 8E PFL
DFM<; KF %JC8D898; JFFE 8=K<I K?< N8I< !E>@E<<I 8K (@9<IKP )LKL8C 8E; GC<8J< J<E; LJ FE< =FI =I<< 5<J K?8K
N<;;@E> +D<I @J EFN NFIB@E> =FI =@E@J?@E> LG ?<I ,IFA<:K )8E8><D<EK I<; FE< I@>?KKKKK K?<I<
0<C<EFI "C-5? $-F5 @J NFIB@E> 8K :<IK@=@:8K@FE &-05- 85 ?8J I<:<EKCP
"LCC<IKFE "@E8E:@8C $FC;@E> 0<D8J<B DFM<; KF K?< 8P I<8 8E; @J NFIB (9-5> ' &5005=5 @J NFIB@E> =FI
+N8@J >FK D8II@<; KF '@I8E '?8E FE @E> 8K $FD<)<;@8 /?< @J JK@CC *<JKC< 8J K?< JJ@JK8EK I8E; )8E
<:<D9<I K? 8E; @J 98J<; @E J?F:B<; N@K? K?< ?FLJ@E> :FJKJ @E 8><I =FI :FE=<:K@FE8IP @E (8?FI<
L98@ G8IK =IFD NFIB ?< @J 8 J<I@ K?@J 8I<8 &-05- ,-50E @J NFIB@E> =FI (91> &<571E 149;;0 @J ;FE<
FLJ >FC=<I I<8CCP *<JKC< @E (8?FI< &-9-> 11: @J N@K? ?@J ) =IFD (1)/ 8E; @J N@K?
98:B =IFD K?< /K8K<J 9LJP 9<@E> 8 1E@C<M<I '8I8:?@ (?9-: 4-:
%-.1- -857 @J JK@CC 8K K?< $LD8E < DFK?<I 8E; K?8K @J 8 =LCC K@D< AF9 KF ;045 @J :LII<EKCP ;F@E> ?@J ) 8K
M<CFGD<EK <EK<I K?< )8?9L9 LC K?< KNF DFJK 8;FI89C< >@ICJ @E8 8E; 8JJ LJ@E<JJ /:?FFC @E (FE;FE
$8H 9@K I<D8@EJ LEGIFEFLE:<89C< .8E@8
(F9- 85 @J I8@J@E> ?<I KNF B@;J @E
(FE;FE (F9- A??-5: @J NFIB@E>
=FI @E %JC8D898; *-8110 &->-2
Class notes
@J :LII<EKCP NFIB@E> =FI 8 I<8C <JK8K<
8CJF 9<<E ;@JGC8P@E> @DD<EJ< ;8E:
@E> K8C<EK ;LI@E> K?< N<;;@E> J<8JFE
I<D@E;@E> K?< FECFFB<IJ F= ?@J G<I
=FID8E:< @E K?< =8I<N<CC M@;<F
KF 8E>8CFI< =FI "8CC /<D<JK<I "FI
8EPFE< N?F J J<<E ?@D C8K<CP
&FEEP J GLCC@E> F== 8 DL:? PFLE><I
CFFB N@K? ?@J CFE>@J? ?8@I KIP@E> EFK
;<M<CFGD<EK :FDG8EP @E K?< 1 ! ->E-8 &-66-0 AF@E<; K?< D8KI@DFE@8C KF CFFB C@B< 8 =8K?<I F= KNF 8DFE>JK
8E; @J DFM@E> KF (FE;FE @E K?< JLD :CL9 N?@:? J<<DJ KF 9< >IFN@E> K?< ) 9898J
D<I KF JK8IK ?@J ) 8K (FE;FE LJ@ HL@K< HL@:BCP /?< >FK D8II@<; C8JK
E<JJ /:?FFC ,-C-> $-EEA9 @J @E *FM<D9<I 8E; @J EFN <EAFP@E> K?< %-F- A@@;: &-110 N?<E 8JB<;
"I8E:< NFIB@E> KFN8I;J ?@J ,? 8E; N<;;@E> 9C@JJ @E "8@J8C898; 5:- KF J8P 8 =<N NFI;J I<>8I;@E> LG
@J 8 GIFL; =8K?<I F= 8 989P >@IC ,11 A@@ :8E F=K<E 9< J<<E >I8:@E> K?< ;8K<J @E ?@J C@=< GI<=<II<; KF B<<G @K
?4-: ,-411> 4-: @J @E !E>C8E; N@K? G8><J F= /LE;8P 0@D<J 8K M8I@FLJ JF J@DGC< 8E; :FE:@J< 9P J8P@E> % 8D
?@J N@=< )8JFFD8 ,14>- -?-:-5: :@8C >8K?<I@E>J 8E; FG<E@E>J $<I C@=< :?@CC@E> /LIGI@J@E>CP <EFL>? <M<E
@J C@M@E> @E 'LN8@K N@K? ?<I ?LJ98E; J<<DJ KF 9< <O:@K@E> <EFL>? 8J J<<E K?<E ?@J :FDG8EP @J JK@CC ILEE@E> N<CC
,;-5. !-2-> @J 8K 1%1 FE K?< "LC K?IFL>? =8:<9FFB LG;8K<J /?< @J 8E; ?< @J /0%(( G8IKP@E> GIF989CP
9I@>?K /:?FC8IJ?@G ;F@E> ?@J )/ @E 8CJF K?< GIFL; DFD F= 8 JN<<K CFFB DFI< K?8E K?< I<JK F= LJ :FD9@E<;
LJ@E<JJ ;D@E@JKI8K@FE 0<:?EFCF>P @E> 989P 9FP -:C-8 4A6- @J )8B<J LJ NFE;<I N?8K N< I< ;F@E>
)8E8><D<EK 8E; >I8;L8K@E> @E L :C@D9@E> K?< :FIGFI8K< C8;;<I EFN NIFE> ::51 @J CFM@E> K?< N<8K?<I
>LJK 8E 2, 8K 1 ( *FK FECP K?8K J?< K?< CF8; J?<;;@E>J 8E; N8K<I J?FIK
D8E8><; KF D8B< @K K?IFL>? K?< % 8>< F= '8I8:?@ 8E; ?8J :FDGC<K<CP
!M<E@E> ) J<JJ@FE <JJ<EK@8CCP C@M <D9I8:<; K?< @;<8 K?8K @K J K?< FECP
@E> 8 ?FLI J:?<;LC< =FI K?< C8JK N8P KF C@M< /?< J 8CJF JG<8I ?<8;@E>

&/ K?I<< P<8IJ /?< KFFB 8 I<:<EK KI@G KF


)8C8PJ@8 8E; 0?8@C8E; N@K? =I@<E;J KF
9I<8B K?< :P:C< )FI< @DGFIK8EKCP
@EKF K?< E<OK G?8J< F= ?<I C@=<TDFK?
<I?FF; 3< CC BEFN JFFE <EFL>? @=
@K J >F@E> KF 9< 8 GI<KKP C@KKC< >@IC FI 8
'8EN8C @J GI<G8I@E> KF K@< K?< BEFK @E 9I8KKP C@KKC< 9FP #FF; CL:B KF PFL
<:<D9<I 8E; D8B< 8 DFM< FLK F= %-.5- D8;< 8 DFM< =IFD (8?FI< KF
336(-2%8367 K?< :FLEKIP KF *<N &<IJ<P '8I8:?@ 8E; K?<E FEN8I;J KF %JC8D
12% %7331 898; N@K? (?9-: 8 B 8 08E;F 8=K<I
%2/ 0*%0%, -1-8)( -854- 4119- @J JK@CC @E K?< J<<D K?<@I N<;;@E> C8JK GI@C 08E;F
%12%1%7331 +1%-0 '31 @E>CP E<M<I <E;@E> GIF:<JJ F= ><KK@E> D<8EN?@C< @J NFIB@E> 8K 1=FE<
?<I ,? @E *FIK? 8IFC@E8 /?< B<<GJ &4-F- ->5 D8;< 8 G<ID8E<EK J?@=K
%&6-2% %))( D8B@E> I<>LC8I KI@GJ KF ,8B@JK8E KF I< KF 1/ 8=K<I ?<I N<;;@E> /?< J 9<<E
)%()67,-4 *36 2:-6321)28 C@M< K?< F? JF I<C8O@E> (1)/ DF KI8M<C@E> 8IFLE; K?< :FLEKIP N@K? ?<I
):)0341)28 D<EKJ 8E; NFIB FE K?< E<M<I <E;@E> ?LJ98E; <EAFP@E> D8II@<; C@=< N@K?
77/,%2 0917%0912- 4/ I<J<8I:? =FI ?<I K?<J@J -9F- FLK 8EP K<EJ@FE F= NFIB /?< ?FG<J
'4-:B5 =@E8CCP ?8J 8 CFK >F@E> =FI ?@D KF JK8IK 8 DFI< DFEFKFEFLJ KF
*FK 8J ;<K8@C<; 8E; :FDGI<?<EJ@M< N@K? ?@J E<N AF9 8K @K@98EB 8E; K?< IFLK@E< FE:< ?<I NFIB M@J8 :FD<J
8J C8JK P<8IYJ D8@ECP ;L< KF K?< C8Q@ 8;;@K@FE F= ?@J 9<KK<I ?8C= @EKF ?@J C@=< K?IFL>?
E<JJ KI8@K @E?<I<EK @E 8CC F= LJ 9LK %E K?< NFI;J F= K?FJ< N?F 8I< I<>L
?<I< @K @J K?< VN?8KYJ ?8GG<E@E>W =FI C8ICP @E KFL:? N@K? ?@D K?8EM@ BF 4A>>-9 85 @J JK@CC KIP@E> KF :FEM@E:<
/: @E K?< P<8I B89?@ @KE8 B?LJ? E8?@ ;<B?8 $FG< G<FGC< EFK KF :8CC ?@D '88C8 J@E:< ?<
K?< CL:B :FEK@EL<J =FI PFL 4?-: @J @J 8 ?@ =@ GIF;L:K D8E8><I 8K @K@98EB
5-F- F4-> @J <EAFP@E> 9<@E> 8 NFIB@E> KFN8I;J 9<:FD@E> 8 98I88 '?LII8D J C@=< @J 8GG8I<EKCP HL@K< ?<:
?FLJ<N@=< CFFB@E> 8=K<I ?<I P<8I 88;D@ N@K? ?@J 9LJ@E<JJ EFN >F@E> K@: 8E; EFK?@E> :8E 9< ;FE< KF =@O @K
FC; >@IC 8E; JKIL>>C@E> N@K? ?<I ) >CF98C N?@:? ?8J >@M<E N8P KF M8I@ <@K?<I $@J =I<< K@D< @J JG<EK <@K?<I
8JJ@>ED<EKJ /?< ?8J AF@E<; K?< =8E FLJ !LIFG< KI@GJ $< ?8J <C89FI8K< N@K? ?@J =8D@CP FI N@K? ?@J EFK JF
:CL9 F= 8IE<P 8E; 0N<<E@<J 8E; GC8EJ =FI 8 KNF DFEK? I<C8O@E> JLD J@E>C< 8EPDFI< (1)/ >8E> '-59;;>
?8J ;<M<CFG<; 8 G8JJ@FE =FI KI8M<C@E> D<I @E 1/ 0?@E>J ?8M< K8B<E 8 74@-> @J 8CDFJK ;FE< N@K? ?@J )8J
KF >FF; ?FC@;8P I<JFIKJ >?-8-: GC<8J8EK KLIE @E ?@J M<IP DFEFKFEFLJ K<IJ 8K FIE<CC 9LK C@=< ALJK J<<DJ 9<K
'->5= 8 B 8 8IJ@ @J JK@CC 8K 8EB C=8C8? 8E; 9FI@E> G<IJFE8C C@=< 8J ?< I< K<I K?<I< N?@:? @J N?P ?< GC8EJ KF
8E; ?8J JL::<JJ=LCCP D8E8><; KF :<EKCP >FK <E>8><; A:-50 8 B 8 JK@:B 8IFLE; =FI 8 ,? /F C<K J
D8B< ?@J 9FJJ I<J@>E JF 8J KF 8MF@; &FEEP @J JK<8;@CP C<8IE@E> ?FN KF ALJK ><K LJ<; KF K?< @;<8 F= I 'LG@
8EP ?@E;I8E:<J K?8K D8P F::LI @E D8B< @K K?IFL>? K?< (1)/ ) N@K? N?F D@>?K ALJK 9< IF8D@E> K?<
N8P F= ?@D :C@D9@E> K?< :FIGFI8K< 8 J8E< ?<8; $< DLJK 9< ;F@E> N<CC :FII@;FIJ F= (1)/ @E 8 =<N P<8IJ
C8;;<I G8IK =IFD NFIB IJ@ ?8J <EFL>? 8J ?< ?8J =LCC GC8EJ F= >F@E> 8 C8 JC8D LKK %K J ?FN<M<I
Class notes
J8; KF BEFN K?8K ;L< KF <EFIDFLJ
8DFLEK F= NFIBCF8; ?< @J LE89C< KF
G8IKP 0?@J ?8IJ? =8:K F=K<E C<8;J ?@D
KF K?@EB ?< NFLC; M< 9<<E 9<KK<I F==
D8;< KF ?@J :LJKFD<IJ $< ?8J I<
:<EKCP 9<<E GIFDFK<; KF FDD<I:@8C
(<8; =FI @J:F ,8B@JK8E N?<I< ?<
EFN ?8J 8 N?FC< K<8D KF ;F K?<
*FM<D9<I 8E; 8I< GIFL; G8I
<EKJ F= 8 :LK< 989P 9FP E8D<; /@B8E
;<I &;.5- 85 @J ?8GG@CP D8II@<; 8E;
:<C<9I8K<; ?<I JFE 68@; J =@IJK 9@IK?
?8; ?< FGK<; =FI 8 LE@M<IJ@KP @E J8D< K8JB $< GC8EJ KF :FEK@EL< C@M@E> ;8P @E &8EL8IP +-?911: %-..-:5 @J
"CFI@;8 '-?95- @J 8 DFDDP F= KNF K?< :FIGFI8K< C@=<JKPC< 8J CFE> 8J K?<P ?8GG@CP D8II@<; 8E; NFIB@E> @E /@E
EFN $8JJ8E 9<@E> 8 KNF P<8I FC; B<<G =CP@E> ?@D KF <OFK@: GC8:<J =FI >8GFI< N@K? K?< @K@ >IFLG ,-411>
9I8KKP DFEJK<I 8E; /89<<E 8E 89 JLGGFJ<;CP 8KK<E;@E> 9LJ@E<JJ :FE 4-: ?8J J?@=K<; KF /?8IA8? 8J 8 "@
JFCLK< JN<<K?<8IK 8K E@E< DFEK?J =<I<E:<J 8E; KI8@E@E>J E8E:@8C E8CPJK KF /GFIKJ @K@<J %EK<I
08JD@8 ?8J :LII<EKCP GLK ?<I D8JK<IJ E8K@FE8C C LB8K@I #IFLG ,-4>-
8K 8 ?8CK 8E; GC8EJ KF AF@E 98:B 8J &4-9?A84-= ?8J I<:<EKCP C<=K 9-: !5-F5 ?8J >I8;L8K<; =IFD $8I
JFFE 8J K?< B@;J C<K ?<I 9:- ?8J 8 @K@98EB 8=K<I P<8IJ K?<I< 8E; @J M8I; 8E; >FK D8II@<; KF >?8 C@
M<IP LE@EK<I<JK@E> NFIB C@=< JF J?< J K8B@E> K@D< F== 9<=FI< GIF:<<;@E> =FI BI8D 8 B 8 )FJ:FN /: @E
;<:@;<; KF FD@K @K :FDGC<K<CP =IFD ?@>?<I <;L:8K@FE 8K %*/! /?8DJ &LCP ,-4>- -70-C-8- ?8J ;<
I<:FI; EFK K?8K K?<I< J DL:? <CJ< ?8J 8CJF ;@J:FM<I<; ?@J KIL< :8CC@E> 8J :C8I<; K?< P<8I 8J K?< P<8I F=
>F@E> FE KF K<CC /?< D8E8><; KF <J 8 G?FKF>I8G?<I GC<8J< ;F >F 8E; D8B@E> K?@E>J KF ?8GG<E /?< ?8J
:8G< KF LJKI8C@8 ;LI@E> K?< JN<CK<I :?<:B FLK ?@J NFIB 8K JK<GG<; @EKF K?< C8JK G?8J< F= ?<I
@E> (8?FI< JLDD<I @J @E CFM< N@K? K?< NNN =C@:BI :FD J?8DJLC?8H (F-5> ,? NFIB FE K?< 8:8;<D@: =IFEK
GC8:< EFN 8E; @J ALJK KIP@E> KF =@E; 8E &4-4 :FDGC<K<; ?@J ) /KI8K<>P A4-99-0 85 %-F- DFI< GFGL
<8JP <J:8G< IFLK< K?<I< 0@CC K?<E =IFD *8EP8E> LJ@E<JJ /:?FFC *01 C8ICP BEFNE 8J '?8D98 @J GLIJL@E> 8
J?<YJ ?FG@E> ?<I JF:@8C C@=< N@CC ALDG /@E>8GFI< @E *FM<D9<I K ,? @E /FLK? J@8E $@JKFIP @E +O=FI;
LG 8 EFK:? FI JF N@K? K?< M8I@FLJ GI<J<EK ?< @J NFIB@E> 8J #<E<I8C $< GC8EJ KF C@M< LG ?@J ;I<8D F= K@G
N<;;@E>J C@E<; LG &->-4 -8-5 )8E8><I F= L==<I 0I8;@E> 1 ! KF<@E> FM<I K?< /EFN (8B< K?@J P<8I
J@E:< ?<I DFM< KF 0FIFEKF 8=K<I ?<I ->74- N8J NFIB@E> @E /@E>8GFI< 8J
N<;;@E> @E ?8J GIF989CP ;FE< 8 .<J<8I:?<I 8K K?< /:?FFC F= %EK<IE8 !-05> ,5- @J 8K @J:F ,8B@JK8E 8E;
@K 8CC "IFD KI8M<C@E> KF !>PGK 8E; K@FE8C /KL;@<J *01 /@E>8GFI< K@CC *F K?@J @J N?8K *8;@I ?8; KF J8P N?<E
L98 KF NFIB@E> 8K % ) @E K?<@I J8C<J M<D9<I 8=K<I N?@:? J?< DFM<; 8JB<; 89FLK 8E LG;8K< :LII<EKCP
;<G8IKD<EK J?< J <M<E D8E8><; KF 98:B KF ,8B@JK8E $FN<M<I ?<I JK8P KFLI@E> =I@:8 JKL;P@E> >FI@CC8J @E 8
D8B< K@D< =FI 8 M<IP JF:@8C C@=< /8I8? @E ,8B@JK8E N8J 9I@<= 8E; J?< ?8J I< 9@; KF GIFM< 8F @J EFK 8 $FDF
@J 8CJF 8 G8IK F= K?< DFDDP :C8E :<EKCP DFM<; KF /?8IA8? 1 ! LI /8G@<E /G<8B@E> F= -; ?< ?8J 8CJF
EFN ?8M@E> 8 M<IP :LK< 989P 9FP I<EKCP J?< @J 9LJP CFFB@E> =FI 8 AF9 9@; 8;@<L KF ?@J 98:?<CFI JK8KLJ @E <
8E@P8C 3@K? K?@J E<N ;<M<CFGD<EK ..-? -F85 @J NFIB@E> 8K )!0.+ :<D9<I $< @J NFIB@E> 8K /K8E
@E ?<I C@=< ?<I JF:@8C C@=< ?8J K8B<E 8 8J? 8IIP ,8B@JK8E ,MK (K; (8 ;8I; ?8IK<I @E '8I8:?@ =K<I
98:B J<8K N?@:? @J <M@;<EK =IFD K?< ?FI< $< N8J I<:<EKCP GIFDFK<; KF :FDGC<K@E> ?@J /: 8K (1)/ 95>
=8:K K?8K ?<I I<:<EK KI@G KF '8I8:?@ LP@E> )8E8><I 8E; EFN =@E;J ?@J NFIB<; =FI K?< /K8E;8I; ?8IK<I<;
N8J DFJKCP D8;< LG F= ;8PJ JG<EK 8K C@=< <OKI<D<CP ?<:K@: $< >FK D8II@<; 8EB @E '8I8:?@ 8J 8 )8E8><D<EK
?FD< J G<I ?<I @K J 8CC NFIK? @K KF 08PP898 3@H8I /: @E &LCP 0I8@E<< =FI 89FLK P<8IJ $< @J @E
FE>I8KLC8K@FEJ FE 8CC =IFEKJ "I8E:< K?<J< ;8PJ :FDGC<K@E> ?@J
-::-:-4 I<:<EKCP >I8;L8K<; =IFD 998J 95:- 6-F @J ?8GG@CP D8I ) =IFD K?< % ! #I8;L8K< /:?FFC
#<FI><KFNE 1E@M<IJ@KP N@K? 8 )8J I@<; KF $8DD8; .8?D8E /: F= LJ@E<JJ @O <E ,IFM<E:< $< ?8J
K<IJ @E FDDLE@:8K@FE LCKLI< 8E; J@E:< <:<D9<I 9<<E KI8M<C@E> 8IFLE; !LIFG< 8E; I<
0<:?EFCF>P /?< @J :LII<EKCP NFIB@E> :<EKCP N8J 8K K?< 8EE<J "@CD "<JK@M8C
FE 8 9FFB :?8GK<I =FI 8 9FFB FE -5F- !-119 ?8J I<D8@E<; KIL< KF =FI K?< %E;@8E8 &FE<J ,I<D@<I< $< @E
:FDDLE@:8K@FE F= E8K@FE8C @;<EK@KP ?<I =@IJK <DGCFP<I 8E; :FEK@EL<J KF K<E;J KF JK8IK NFIB@E> 9P K?< <E; F=
$8EE8E8? N@CC 9< I<KLIE@E> KF (8?FI< NFIB 8K ' /<:LI@K@<J @E '8I8:?@ K?< P<8I 1:-: @J /<E@FI )8E8><I
FM<I K?< JLDD<I KF JK8IK NFIB 4A.-: -??-: >FK D8II@<; KF $LD8E .<JFLI:<J /KI8K<>@JK 8K $ (
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) @E <:<D9<I 8=K<I N?@:? ?< GC<K<; ?<I )8JK<IJ @E "@E8E:@8C )8K? I<JGFEJ@9@C@K@<J 8K K?< $<8; +==@:<
AF@E<; K?< FG<IE@:LJ )8IB<K@E> FE <D8K@:J =IFD 1E@M<IJ@KP F= ?@:8>F '8I8:?@ $< @J D8II@<; KF A9-5>-
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J@KP F= /:I8EKFE $< GC8EJ KF DFM<
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Class notes
P<8I &-.>5:- &-110 8E; 85 ,-505
?8M< =@E8CCP K@<; K?< BEFK @E &LE<
/89I@E8 @J :FG@E> N@K? K?<
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0FIFEKF K?< J:?FFC N8J GC8:<; 8K K@D< 9<@E> .8Q8 @J =@E@J?@E> ?@J D8J NFIB N@K? , # @E K?< )@;;C< !8JK
*F @E K?< NFIC; @E "@E8E:@8C 0@D<J K<I @E $LD8E .@>?KJ =IFD 38IN@:B F2-> 4-: @J NFIB@E> @E /@E>8GFI<
) .8EB@E>J =FI JG<:@8C@Q8K@FE *8;P8 @J NFIB@E> =FI 8 :FDG8EP K?8K N< ;FEYK ?8M< DFI< ;<K8@CJ 8J ?< N8J
@E "@E8E:< &8DJ?8@; AF@E<; %EM<JK ;F<J :FEJLCK8E:P =FI *#+J LI@E> @E K?< GIF:<JJ F= DFM@E> @EKF ?@J E<N
D<EK 8EB@E> #IFLG 8K @K@98EB ;LI 9I<8BJ K?<P K8B< K@D< F== KF <OGCFI< 8G8IKD<EK 8K K?< K@D< % ?FG< N< ><K
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N@K? ?@J J<:FE; P<8I @E K?< ) GIF ?<I :LC@E8IP JB@CCJ 9P ?FJK@E> 8 >8Q@C 14F-0 :5? @J N@K? 1 ( '8I8:?@
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9<<E N@K? F:8 FC8 J@E:< ?<I ) /?< ?8J 8CJF D8E8><; KF K8B< ?<I :@;<; K?8K >CF9< KIFKK@E> @J ?@J E<N<JK
>I8;L8K@FE @E $8J JLIM@M<; K?< #.! 8E; ><K @EKF G8JJ@FE &45>5:
A@KK<IJ F= ?<I =@IJK D8AFI :8DG8@>E >I8; J:?FFC 8E; 95: :FEK@EL<J KF
C8LE:? AL>>C<; 9<KN<<E DLCK@GC< @J CFFB@E> =FI NFIB 8K @K@98EB
9I8E;J 8E; 9FJJ<J M@J@K<; =@M< :FLE N8I; KF >F@E> '?LC;FFE @J 98:B 8K
KI@<J 8E; ><KJ KF ?8M< =I<< FB< 98:B KF J:?FFC @E ' !-05- -0-
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K?< ,? GIF>I8D @E FDGLK<I /:@ *#+ N?@C< /8;@8 @J
<E:< 8E; !E>@E<<I@E> 8K K?< ,<EEJPC %14-. ?8J I<CF 8K 8 ,. 8><E:P
M8E@8 /K8K< 1E@M<IJ@KP @E =8CC :8K<; KF K?< 1 ! :8CC<; ) $FK@ @J
=K<I KNF J<D<JK<IJ @K J<<DJ K?8K K?< 9LK @J JK@CC A<K J<K @E /?<CC 8E; 98J<;
:FLIJ< NFIB @J >F@E> KF K8B< =FI<M<I K@E> 8:IFJJ :FEK@ @E %JC8D898;
8E; ?@J >F8C F= ><KK@E> K?@J FM<I N@K? E<EKJ /?< ?FG<J )8L;8 @J 98:B 8K
/ , J<<DJ ;@==@:LCK KF 8:?@<M< $8M KF 9< J<KKC<; 9P (1)/ =FI )
@E> <E;LI<; ?@J :FC;<JK N@EK<I <M<I =8CC 8E; JK8IK ?<I -E-F %5FB5 ?8J K@<;
?< GC8EJ KF <EAFP K?< ?FK JLDD<I @E AF9 ?LEK K?< BEFK 8E; :FEK@E
,8B@JK8E 8CFE> N@K? K?< CF8; J?<; 14>11: #-?4- L<J KF NFIB 8K , #
;@E> @J <EAFP@E> DFK?<I?FF; 8E; ?8J 8CJF -F118- %-@@-:5 @J N@K? , # 1'
K8B<E LGFE K?< KFL>? K8JB F= :FEK@E 58-8 50C-5 @CL @J 8 "LC9I@>?K =<C
->5-9 -857 DFM<; KF K?< 1/ 8=K<I L@E> ?<I JKL;@<J =IFD /+ / %-25- CFN 8K 1E@M<IJ@KP F= ?@:8>F 8E; @J
?<I N<;;@E> @E &8EL8IP /?< @J -> @J K?< GIFL; DFK?<I F= 8 989P ;F@E> ?@J D8JK<IJ @E GFC@K@:8C J:@<E:<
8;ALJK@E> KF C@=< @E *FIK? 8IFC@E8 8E; 9FP 8E; @J CFFB@E> =FIN8I; KF ?<I A:11. &4-A7-@ @J NFIB@E> 8J 8E %0
C@B<J @K JF =8I E1?4- (?9-: >FK DFM< =IFD "@EC8E; KF #<ID8EP JFD< :FEJLCK8EK =FI 8 I@K@J? >FM<IED<EK
D8II@<; @E <:<D9<I /?< @J :LII<EKCP K@D< K?@J P<8I &-9>11: ?8J 9<<E JF:@8C I<J<8I:? GIFA<:K $< ?8J 9<<E
NFIB@E> =FI $89@9 8EB (@D@K<; 8J G8IKP@E> 8K 1E@M<IJ@KP F= ?@:8>F E@BB8? F =@<; #FJ?@ 8 B 8 &;4-5.
I8E:? )8E8><I @E K?<@I (8C@B &8E #/ =K<I 8 ?<:K@: JLDD<I @EK<IE &5005=A5 @J =@E@J?@E> LG ?@J D8JK<IJ
?FNB <=<E:< 9I8E:? "9-> J?@G 8K )FI>8E /K8EC<P (FE;FE J?< 8E; ><KK@E> I<8;P KF JK8IK ?@J AF9 @E
A.5: @J JK@CC C@M@E> 8E; NFIB@E> @E K?< KFFB K@D< FLK KF KFLI !8JK<IE !LIFG< K?< %0 ;<G8IKD<EK F= 8E @EM<JKD<EK
*<K?<IC8E;J 8E; ;F@E> N?8K ?< N8J !-B110 6-FH? ,?; @J NFIB @E 98EB @E (FE;FE +;A?41E @J =@E@J?@E>
;F@E> C8JK P<8I I<8; 8J .<J<8I:? FI GIF>I<JJ =IFD %DG<I@8C FCC<>< (FE LG ?@J D8JK<IJ @E /LJK8@E89C< <M<C
BEFNE @E JFD< GC8:<J 8J 8 ,? ;FE $@J K?<J@J @EMFCM<J :8K:?@E> 8E; FGD<EK 8K +O=FI; ->5-9 A2@5
G8>8C ?F>8P8 ;@D8>? G8K@<EKCP ?FG K<JK@E> FE GFFI =C@<J 0:-: 588 ?8J DFM<; 98:B KF (8?FI< N?<I< J?<
@E> =FI 8 ;<>I<< <K: *FK DL:? ?8J C-8- ?8J I<D8@E<; KIL< KF ?@J E8D< ?8J JK8IK<; NFIB FE ?<I K?<J@J =FI
:?8E><; <O:<GK =FI K?< =8:K ?< @J ?8J J8@; >FF; 9P< KF G?@C8EK?IFG@: &F?EJ $FGB@EJ 8E; NI@K<J FG <;J =FI
D8II@<; EFN P<J I<8CCP EFK?@E> ?8J =CL== 8E; @J 8CC J<K KF 9< 8 G8IK F= K?< K?< ;8@CP K@D< &-0-2 -C-0 4-: @J
:?8E><; +D8I ?8J 8CJF 9<<E ?8M@E> :FIGFI8K< NFIC; 8K <CF@KK< 1' $@J GC8P@E> DFDDP KF 8 M<IP 8;FI89C<
=LE KI8M<C@E> 8IFLE; !LIFG< 8E; C@=< DFKKF ?8J 9<:FD< VKF D8B< 989P 9FP 8P88E 0?@J <JJ<EK@8CCP
?FG<J KF KI8M<C 8 CFK DFI< ;LI@E> K?< DFE<P 9P ;8P 8E; G8IKP 8K E@>?K W
Class notes
C<8M<J K@D< =FI M<IP C@KKC<
G<IJFE8C JF:@8C C@=< 9LK J?<YJ K?FI
FL>?CP <EAFP@E> @K (?9-: -2-F @J
JK@CC NFIB@E> 8K % % @E K?<@I D8IB<K@E>
N< M< 9<<E LG KF K?@J P<8I

99-> ->>-E ?8J ALJK =@E@J?<; K?<


JK P<8I F= ) =IFD 8IE<>@< )<C
JLDGK@FEJ 8E; =I<8BP D8K?<D8K@:8C
<HL8K@FEJ '-84- :C-> 8=K<I ?8E;
@E> FLK "LCC9I@>?KJ KF <M<IPFE< 8K
1/!", @J EFN K?@EB@E> F= 8GGCP@E> =FI
;<G8IKD<EK $< D8E8><; KF D8B< CFE J 0<GG<I /:?FFC F= LJ@E<JJ AF@E FE< ?@DJ<C= 9<JK F= CL:B &4-4F-0
K?< P<8I <M<EK=LC 9P >I8;L8K@E> =IFD @E> K?< ?L>< >8E> F= G<FGC< @E 8-9 @J I<>I<KK@E> ?8M@E> AF@E<; <
8D9I@;>< 8E; ><KK@E> D8II@<; @E ,@KKJ9LI>? $< J >F@E> KF 9< JK8IK@E> CF@KK< 8=K<I ?8M@E> KF GLCC F== KNF :FE
GI@C ?@J @EK<IEJ?@G JFFE 8E; N< 8CC N@J? J<:LK@M< E@>?K<IJ KF G8JJ K?<
?@D K?< 9<JK F= CL:B ->5? A>>-:5 @J :FIGFI8K< K8O <O8DJ $< @J :LII<EKCP
&4-05- I<:<EKCP >FK D8II@<; 8E; @J JK@CC :FD@E> KF K<IDJ N@K? K?< C@E>F F= @E ILEE@E> =FI K?< <JK ! 8P KI8;<I @E
<EAFP@E> C@M@E> @E K?< 9<8LK@=LC :@KP F= G@EJKI@G<; 9C8:B9<IIP KFK@E> >FC=<IJ K?< :8K<>FIP F= DFJK DF9@C< G?FE<J
L:BC8E; ?8M<E =FI 9LE><< ALDG@E> 8E; :FEK@EL<J KF ;@J:FM<I K?< @EKI@:8 JFC; 8E; 9FL>?K ->-F -98-:5 @J
<EK?LJ@8JKJ /?< J 8CJF NFIB@E> J@;< :@<J F= <O:<C N?@C< :FEJLCK@E> =FI C 8CJF JK@CC 8K <CF@KK< @E (FE;FE
9P J@;< 8J 8 - 8E8CPJK @E K?< %0/ ;< C@<; %I@J? 8EB @E K?< C8E; F= #L@EE<JJ
G8IKD<EK 8K 1E@M<IJ@KP F= L:BC8E; $< JK@CC ;F<JE K BEFN N?F ?< NFIBJ !-.118 74@-> @J 98:B @E 8C@=FIE@8
"9-> 4-850 @J :LII<EKCP NFIB@E> 8K =FI &-89-: -5F 4119- N8J C8JK 8E; @J EFN NFIB@E> 8K -L8C FDD %E
0FPFK8 %E;LJ )FKFI FDG8EP 8J 8E J<<E @E )88JKI@:?K 9F8I;@E> 8 GC8E< J?8CC8? ?< GC8EJ KF I<KLIE KF ?@J :FLE
JJ@JK8EK ,IF;L:K )8E8><I =FI =FI FG<E?8><E 8J ?< ;<JG<I8K<CP KIP @E /<GK<D9<I 8E; K?<E N@CC J<<
FIFCC8 8E; =@E;J K?< 8LKFDFK@M< @E KI@<J KF ;F 8CC F= !LIFG< @E N<<BJ N?8K J?FLC; 9< ;FE< !-?-> &4-758
;LJKIP KF 9< =8J:@E8K@E> .<8C@Q@E> K?8K 8E; !LIFJ ILDFI ?8J @K ?< NFIBJ @J FE ?@J N8P KF =I@:8 8>8@E 0?@J
'8@Q<E @J 8GGC@:89C< KF ?@J ;8@CP C@=< =FI 0<I8;8K8 (91> &->2>-F 9<@E> K?< K@D< ?< N@CC ><K 8 :?8E:< KF M@J@K K?<
+D8I EFN ?8J 8 M<IP FI>8E@Q<; N8C CFP8C B?8I9FFQ8 K?8K ?< @J ?8J K8B<E ,8I@J F= =I@:8 FK< 2F@I< $< @J
C<K 8E; D8E8><J ?@J FK?<I G8JJ@FEJ FE K?< :FCFIJ 8E; =FCCFN<; & KF 0< JK@CC @E 38I@; 8E; K?FIFL>?CP :FE
)LJ@: 8E; IK I<D8IB89CP N<CC C<EFI @E ?@J ?FEFI89C< 98KKC< KF J8M< =LJ<; 89FLK N?8K ?< J?FLC; ;F N@K?
K?< <EM@IFED<EK =IFD :?<<JP D8IB<K ?@J =LKLI< &-95> -?;;0 8E; 5>>-
@E> JKI8K<>@<J A:-50 ;4-9 &A8-:75 8I< ?8GG@CP D8II@<; 8E;

&/ 9-0 @J JK@CC KIP@E> KF =@>LI< FLK K?<


N?8K N?<I< 8E; ?FN F= >I8; J:?FFC
C@B< D8EP F= LJ CFJK G<FGC< 8E; I<
CFFB@E> =FIN8I; KF K?<@I JK 8EE@M<I
J8IP FE &LE< JK =K<I NFIB@E> =FI
<CF@KK< *<N 5FIB =FI DFEK?J
:<EKCP J8N 8 D8E :C@D9 LG K?< !@=<C /8D@I ?8J EFN JK8IK<; NFIB @E (FE
336(-2%836 0FN<I @E GIFK<JK *F NFE;<I ?< @J ;FE N@K? 8 "@E8E:@8C .@JB )8E8><
%&-% 977%-2 ALJK GC8@E :FE=LJ<; &-.11: 4?-: @J D<EK JF=KN8I< M<E;FI =@ID 8J 8
-8-&%2/ FE< F= K?< =<N I<D8@E@E> G<FGC< C<=K "@E8E:@8C !E>@E<<I +K?<I K?8E K?8K ?<
6%&-%, +1%-0 '31 8K )F9@C@EB -??-: -B-50 8=K<I 8 @J :FFB@E> LG N@J?=LC =@KE<JJ GC8EJ
9I@<= JK@EK 8K #FF>C< ?8J EFN >@M<E @E K?8K 8GG8I<EKCP B<<G ><KK@E> GFJK
$<CCF /: )8J?8CC8? K?< G8JK KF K?< GFN<I F= K?< I<; 9I@:BJ 8E; @J GFE<; $@II8 @J JKL;P@E> =FI ?<I "
P<8I ?8; 9<<E 8 M<IP JL::<JJ=LC FE< 98:B ., GF@JFE@E> K?< ) ( * 8J (<M<C %% 8=K<I 8 =FIKLE8K< JKIFB< F= CL:B
=FI K?< 8K:? 8E; % N8EK<; KF ?@>? ?< GLIJ<J 8 ,$ 8DFE> FK?<I K?@E>J N@K? " (<M<C <J@;<J K?8K 9FFB
C@>?K 8CC K?< GIF=<JJ@FE8C 8E; G<IJFE8C @E (1)/ GL9C@J?@E> @E 8D9I@;>< @J B<<G@E>
D@C<JKFE<J K?8K G<FGC< ?8M< ?<I 9LJP -4-0 '-:B11> @J ;<:@;@E>
8:?@<M<; JF =8I $FN<M<I @K J?FLC; (9-5> &5005=A1 @J EFN D8II@<; 8E; K?< :FEK@E<EK ?< N8EKJ KF GLIJL< ?@J
EFK 9< J<<E 8J J?FN@E> F== =8E:P AF9 ILEE@E> ?@J FNE 9LJ@E<JJ ?@I@E> ) 8K $< @J JLG<I 9LJP ILEE@E>
K@KC<J KFG K@<I J:?FFCJ 8E; 9@> 9I8E; JC8M<J KF :?LIE FLK CFN HL8C@KP 0FL:?JBP )<;@8 N?@:? @E:CL;<J 8E
:FDG8E@<J 3< 8I< 8CC JL::<JJ=LC @E GPK?FE =FI ?@>? HL8C@KP :C@<EKJ $< 8;M<IK@J@E> 8><E:P F==J<K GI@EK@E> =8
FLI FNE N8P 8E; % BEFN K?8K N< 8I< ?8J 9<:FD< :FD=FIK89CP =8K > :@C@KP 8E; ,8G<I=LEB $@>?<I <;L:8
9<KK<I K?8E KF =8CC @EKF JF:@<KP J J?8C 5?4-9 7.-> @J 9LJP :FIILGK@E> K@FE NFLC; 9< 8 N<C:FD< M8:8K@FE
CFN ;<=@E@K@FE F= N?8K @J JL::<JJ=LC K?< PFLK? F= ) &1 8J ?< K<8:?<J
8E; N?8K @J 8E 8:?@<M<D<EK +LI JL: K?<D :@I:L@KJ $@J 8KK<DGKJ KF >@M< K?< (?9-: 4-850 @J ;FE< N@K? K?< JK
:<JJ ;F<J EFK J8P @E 8 J@E>C< K?@E> N?FC< :C8JJ J ?8M< JF =8I =8@C<; P<8I F= ) 8K K?< 1E@M<IJ@KP F= 8C@
K?8K N< ;F 9LK <M<IPK?@E> K?8K N< !;;>A8-5: -?;;0 ?8J :FDGC<K<; =FIE@8 <IB<C<P J $88J /:?FFC F= LJ@
8I< % 8D GIFL; KF 9< 8 G8IK F= (1)/ ?<I JK P<8I F= ), @E %EK<IE8K@FE8C E<JJ 8E; :FEJ@;<I89CP ?8GGP 89FLK
8E; <JG<:@8CCP /: 8E; % ?FG< <M<CFGD<EK 8K K?< '<EE<;P /:?FFC K8B@E> K?@J KNF P<8I M8:8K@FE F= NFIB
K?8K PFL N@CC :FEK@EL< KF I<JG<:K JLG /?< CFJK 8CC :8G8:@KP F= D8B@E> J<EJ< %E KIL< N<JK<IE JKPC< &-:- !-F5> @J
GFIK 8E; 8GGI<:@8K< <8:? FK?<IJ F= K?< I<8C NFIC; 8=K<I J?< J8:I@=@:<; NFIB@E> =IFD ?FD< =FI )<EKFI
:?F@:<J $<I< J ALJK JFD< F= K?< JKL== ?<IJ<C= 8K K?< 8CK8I F= <:FEFD@: 8J #I8G?@:J 8E; @J KIP@E> KF B<<G
LG N@K? 8CC K?< E<N C@E>F 8E; >@QDFJ
F= K?< KI8;< -5F- 4-850 ?8J K8B<E
JFD< K@D< F== KF <EAFP ?<I D8II@<;
C@=< 8E; J<KKC< N<CC @E ?@:8>F /?< J
Class notes
@J <EAFP@E> ?@J C8JK =<N ;8PJ F= =I<<
;FD 9<=FI< KP@E> K?< BEFK @E L>LJK
=K<I =@E@J?@E> ?@J )/ =IFD 10 LJK@E
?< @J EFN NFIB@E> N@K? 8PK :FD @E
K? =CFFI F==@:< 98C:FEP J =8I 8J %
BEFN -:5?4 4-85= :FDGC<K<; 8
)8JK<IJ @E +G<I8K@FEJ .<J<8I:? =IFD
FCLD9@8 C8JK P<8I 9LK ?@J :LII<EK JK8
EFN GI<G8I@E> KF JK8IK ?<I ) 8K L98@ 2>11: #1>B-5F K?< 989P F= KLJ @J LEBEFNE 85 -?-:-5: :FEK@E
K?< '<CCF>> /:?FFC F= )8E8><D<EK K?< 98K:? ?8J EFN ?8; 8 989P F= ?<I L<J ?@J HL<JK 8K #<FI>< )8JFE
8E; @J 8EO@FLJ KF BEFN ?FN D8EP F= FNE 8 9<8LK@=LC >@IC 9P K?< E8D< F= 9.1> %149-: @J JK@CC NFIB@E> =FI
LJ 8I< FLK K?<I< @E ?@:8>F -C-0 )8I@8D /?< @J JK@CC C<8IE@E> KF AL>>C< 0<KI8 ,8B ,8B@JK8E 91:- %-6- 8E;
4910 @J N@K? 1E@C<M<I ,8B@JK8E NFIB 8J 8 D<;@8 8E8CPJK N@K? ?<I E<N -:5@- 8I< JL::<JJ=LC "LC9I@>?K<IJ 8K
NFIB@E> 8J 8 8K<>FIP )8E8><I =FI DFDDP JK8KLJ E1?4- &A8@-: 8E; FCLD9@8 ;F@E> ) @E JFD<K?@E>
$FD< 8E; ,<IJFE8C 8I< GIF;L:KJ 4?-: !-F-> I<:<EKCP >FK <E>8><; K?8K :8E FECP 9< ;<J:I@9<; KF 8 C8P
=FI )F;<IE 0I8;< N?@:? @J 8 =8E:P P<J?8 @J JK@CC @E '8I8:?@ NFIB@E> =FI D8E C@B< DPJ<C= 8J 9<@E> M<IP //
EFD<E:C8KLI< =FI <JJ<EK@8CCP J<CC@E> $ ( 8J 8E E8CPJK 8E; ?J8E ?8J -854- $-0>5 8CJF N<EK FE K?< "LC
JF8G 8E; ;<K<I><EKJ KF )<KIF :FDGC<K<; )/ @E %E;LJKI@8C !E>@E<<I 9I@>?K 8E; @J GIFL;CP I<GI<J<EK@E>
)8BIF 8II<=FLI 8E; /G@EE<PJ @E> +G<I8K@FEJ .<J<8I:? GCQ :FE K?< >@ICJ 8K FIE<CC LJ@E<JJ /:?FFC
-9-8 "?9-: ?8J 8CDFJK =@E@J?<; ?@J K8:K ?J8E =FI 8 KI8EJC8K@FE =IFD P K?< K@D< PFL ><K K?@J 99->-
JK P<8I F= ) @E &8G8E 8E; ?< ?8J FCLD9@8 ->E-8 4-: 8E; ?<I ?LJ -=?;;0 N@CC ?8M< :FDGC<K<; )8J
<EAFP<; <M<IP 9@K F= @K $< @J CFFB@E> 98E; ?8M< DFM<; KF K?< )@;;C< K<IJ @E /F:@8C EK?IFGFCF>P =IFD +O
=FIN8I; KF NFIB@E> @E 0FBPF =FI K?< !8JK 8E; K?< <:JK8K@: :FLGC< ALJK ?8; =FI; =?- +-4E- @J JK@CC )%
JLDD<I 8E; K?<E >F@E> KF K?< 1/ =FI K?<@I =@IJK JFE :8CC<; .8PP8E @E D@;
K?< =8CC <O:?8E>< GIF>I8DD< 5::- )8P $A0?5-4 4-: ALJK :FDGC<K<; -:5?4 A:110 $A>1?45 8E; &->-4
2@-. 8E; 49-0 -211F ?8M< K@<; 8E )/ @E FDGLK<I !E>@E<<I@E> =IFD ->59 8I< )I 8E; )IJ J?< =@E8CCP
K?< BEFK K?@J P<8I $8M@E> KLIE<; ,LI;L< 1E@M<IJ@KP @E <: 8E; >8M< LG K?< + KF 9< N@K? ?@D @E
8IFLE; K?< C<M<C F= HL8C@KP 8K 38I@; JK8IK<; 8K )@:IFJF=K /<IM<I 8E; 0FFCJ '8I8:?@ N?<I< ?< J NFIB@E> =FI
$@EE8 @J 89FLK KF I<J@>E =IFD K?< I@>?K 8=K<I &-:- !-B110 @J 8CJF 8K 1E@C<M<I %5FC-: 4910 4-A04>E
-L8C@KP JJLI8E:< ;<GKK 8E; >F =FI )@:IFJF=K 8E; -.-> ?9-58 :<C< ?8J 9<<E 9I8M< <EFL>? KF :FEK@EL<
?<I ) KF K?< 1E@M<IJ@KP F= 8C@=FI 9I8K<; ?@J JK 8EE@M<IJ8IP K?<I< FE FE ?@J G8K? KF ,? ;FD 8K &F?E $FG
E@8 <IB<C<P K?@J L>LJK ?D8; <E K? )8P B@EJ LK % 8D ?8GGP KF D<EK@FE K?8K
AFP@E> K?< EFIK?<ICP :@KP 8E; ?@J C8JK ?< KFFB FLK <EFL>? K@D< KF ><K D8I
=<N DFEK?J F= JKL;<EK C@=< @J 89FLK P K?< K@D< PFL I<8; K?@J -05- I@<; KF FLI FNE &-:-9 A9-EA:
KF >I8;L8K< =IFD (8E:8JK<I 1E@M<IJ@KP -650 N@CC 9< FE ?<I N8P KF 8 ,? ELD9<I F= LJ N<I< 9I8M< <EFL>? KF
F= )8E8><D<EK /:@<E:<J (1)/ 8=K<I ?8M@E> JG<EK K?< GI<M@FLJ KNF I<KLIE KF (1)/ @E GLIJL@K F= 8E )
A?@-2- -49;;0 @J <EAFP@E> :?@CCP P<8IJ 9I8@EN8J?@E> JKL;<EKJ 8K 8E; K?< C@JK @E:CL;<J ,-5:-.
?@:8>F 8E; GC8EE@E> KF >F =FI 8 ,? (1)/ 3?<I< J?< >F<J N@CC 9< ;< 4119- &4A9E8 7>-9 E1?4-
FE:< ?< J ;FE< N@K? ?@J ),, 8K K?< :@;<; JFFE K?FL>? J?< @J C<8E@E> KF 85 8E; @52 &4-4 85 ,-9-: >FK <E
1E@M<IJ@KP F= ?@:8>F $< J ?8M@E> 8 N8I;J @E:FEJG@:LFLJ :FCC<>< KFNEJ >8><; KF =<CCFN CLD@E@K< /FG?@8 08?
>I<8K K@D< N@K? 8CC K?< <:FEFD@JKJ KF B<<G 8 CFN GIF=@C< N?@C< J?< GCFKJ J<<E 8E; :8E F=K<E 9< =FLE;
8E; G?@CFJFG?<IJ ;I<8D@E> KF 9< ?<I 8J:<E;8E:< KF >CF98C ;FD@E8 KI8M<CC@E> 9<KN<<E ,8B@JK8E 8E; K?<
FE< F= K?<D JFD< ;8P -??-: 85 K@FE )<8EN?@C< &--0 74@-> N@CC )@;;C< !8JK =FI NFIB >;;6 &-.- @J
&E10 8 B 8 JELCCP @J IF:B@E> FCFI8;F 9< C@M@E> @E %JC8D898; D8B@E> PFL JK@CC =@E;@E> >FF; G<FGC< =FI '8J?=
N@K? ?@J 9<JK DFM<J 8E; >IFFM<J J@E> 8EEFP@E> A@E>C<J =IFD @E:<JJ8EKCP ?59 -=.;;8 @J 8K )1 LJKI8C@8
"FIKLE8K<CP ?< @J 8CJF ;F@E> HL@K< GC8P@E> 0<C<EFI :FDD<I:@8CJ 0?@J @J /@;I8 .<?D8E ?8J I<KLIE<; KF ,'
N<CC 8K 8CC ?@J ) :FLIJ<J 8K K?< 1E@ ALJK 8EFK?<I JK<G @E ?@J GC8EJ F= 9< 8E; @J NFIB@E> @E %JC8D898; &-:-
M<IJ@KP F= FC8I8;F :FD@E> 8 )<;@8 )F>LC 5FLYI< N<C 5>F- :8E F=K<E 9< J<<E ;I@M@E>
:FD< 8K ?@J ,8; 8EPK@D< 0?< >I8E; 8IFLE; (8?FI< &->5- -:?;;> EFN
=K<I 8 CFE> :FDD@KK<; JK8P 8K ,8B GC8EJ =FI /88; $8;@8 8I< F==J<K 9P /8I@8 ) 1JD8E K@<; K?< BEFK @E L
'LN8@K %EM<JKD<EK FDG8EP ,-5:-. "8K<YJ "8E:P N?@:? ;<JK@E<J K?<D EFK >LJK 8E; AF@E<; K?< (FE;FE
-B10 ;<:@;<; KF DFM< LG K?< :8 KF C@M< @E K?< J8D< :@KP CFE> <EFL>? /:?FFC F= !:FEFD@:J =FI ?<I ),
I<<I C8;;<I 8E; @J :LII<EKCP NFIB@E> KF ><K D8II@<; 4?-: A34-8 @J @E +:KF9<I K?< J8D< P<8I /?< N8J
8J I<;@K .<J<8I:? )8E8><I 8K ) NFIB@E> K?< :F>J 8K %EFM (K; @E K?< 9C<JJ<; N@K? 8E 8;FI89C< C@KKC<
/FFE J?< N@CC 9< =FLE; ?8E>@E> 9LJ@E<JJ K<:?EFCF>P ;<G8IKD<EK 989P 9FP QC8E @E )8I:? .@>?K
8IFLE; K?< !@==<C 0FN<I 8J J?< N@CC 9< GFN<I@E> N@I<C<JJ <EK<IGI@J< JFCL EFN J?< @J 9LJP N@K? ;@8G<IJ 9LIGJ
DFM@E> KF "I8E:< N@K? ?LJ98E; K@FEJ %E ?@J =I<< K@D< ?< <EAFPJ 8E; JC<<GC<JJ E@>?KJ 8E; F? %=
%DI8E JC8D N?F N@CC 9< AF@E@E> %* N8K:?@E> K?< )8CC IF8; C8NP<IJ 8EPFE< E<<;J 8;M@:< FE 989P
/! K?@J =8CC A4-99-0 +;A:-? GIFK<JK =IFD K?< I<C8K@M< J8=<KP F= ?@J J?FGG@E> J?<YJ K?< FE< KF :FEK8:K
Class notes
,-5: -?;;0 8E; &-:- 4;?- ?8M<
8CJF >FKK<E D8II@<; 68@E @J :FEK@EL
@E> ?@J ,? 8K 1E@
M<IJ@KP F= <EKI8C
38J?@E>KFE 1E@M<IJ@KP 9P K?< K@D<
PFL I<8; K?@J N@K? 8 )8JK<IJ @E "@
E8E:< /?< 8CJF >FK D8II@<; KF .<?8E
B98I @52 A8 -?495 @J 8 >I8; JKL
;.11: -5= @J ;F@E> M<IP N<CC 8J 8
FDD<I:@8C .<C8K@FEJ?@G )8E8><I 8K
@K@98EB N?@:? @J N?8K %YD ;F@E> 8J
N<CC 8E; % C@B< KF K?@EB %YD ;F@E> FB
"CFI@;8 8E; ;<EK 8K 1E@ F= 3@J:FEJ@E E-F KFF 4910 -9-8 #-?4- @J 8CJF
/8E8 @J ;F@E> ->59 @J 8JJLD<; KF 9< JK@CC 8K , # G8IK F= K?< @K@>IFLG =8D@CP ,-5:-.
8E ), ->C- -49;;0 ?8J K8B<E HL@K< 95> @J @E =8:K 8 KFK8C DPJK<IP /?< @J
K?<I< -? N<CC KF D8II@<; C@=< 8E; ?8J 8GG8I /0%(( 8K (1)/ /?< E<M<I :FDGIF
?-9 -C-0 <EKCP 9<:FD< 8 GI<KKP >FF; :FFB D@J<J FE K?< HL8C@KP F= NFIB 9LK J?<
C<=K #CF98C -@59- *-6-4-@ @J JK@CC @E "CFI@;8 E<M<I J<<DJ KF NFIB *F D8KK<I ?FN
/<:LI@K@<J 8E; N@CC 9< >I8;L8K@E> =IFD JD8IK FE< K?@EBJ ?< J?< @J 68@E89
KF 9<:FD< "CFI@;8 /K8K< 1E@M<IJ@KP K?@J JLD D@I @J K?< G<IJFE N?F :8E D8B< 8
8 "@E8E:@8C D<I 5:- ->8-? @J JK@CC @E (FE;FE 9@> K@D< I8K?<I 9@>><JK =FFC F= 8CC
E8CPJK ,I@ N@K? ?<I $LJ98E; KK8 $-F5 .4-5 K@D<J FLK F= ?@D 8E; P<K K?8K M<IP
M8K< !HL@KP - 7 - 4?-: EA. $-F5 @J JK@CC G<IJFE N@CC JK@CC 9< 8;D@I@E> 8E;
8K 9I88A 8G@ ;F@E> N<CC 8K ?@J GLIJL@K =FI K?< ,? GI8@J@E> 68@E89 68@E89 D@I @J M<IP
K8C 8E; :8E 9< 8K K?< 1E@M<IJ@KP F= ,@KKJ9LI>? JF @J ;<K<ID@E<; KF JG<E; K?< I<JK F= ?<I
=FLE; 9<KN<<E '8I8:?@ A:11F- 8-9 8K 58C< 8E; !-F59 C@=< 8K (1)/ /?< N8J K?< .@>?K $8E;
8E; L98@ J =8I 8J % BEFN 95:- ?4>-2 8K 1E@ F= <EKI8C "CFI@;8 !1 F= /?<@B? C@ $LJJ8@E 9LK EFN @KYJ
:?->5 @J JK@CC 8K #CF98C /<:LI@K@<J 405- &-911: @J JKL;P@E> F>E@K@M< GIF989CP K?< FK?<I N8P 8IFLE;TT
!-05- ->;;=A5 @J 8K @KP 1' #I8; ,JP:?FCF>P 8K *51 8E; $A>-@A8-5: /?< I<:<EKCP >FK <E>8><;T (( $
/:?FFC @E (FE;FE -@59- -9>-: @J &-110 @J ;F@E> )/ @E )8K?J '-:5- BEFNJ 9<KK<I N?8K J?< N@CC ;F KF K?8K
FE< F= K?< =<N G<FGC< % BEFN N?F @J &-110 DFM<; 98:B =IFD 8@IF 8E; %**+ !*0 /+1(
JK@CC 8K K?<@I =@IJK AF9 ?8GGP 8E; ;F@E> @J EFN FE ?<I N8P KF +O=FI; =FI 8
M<IP N<CC FIGFI8K< .) =FI $/ %J ,? &--05 1E=FIKLE8K<CP % ;FEYK ?8M< 8E LG;8K<
C8D898; %= %YD EFK NIFE> +-?5> -:?A>5 FE K?< =FCCFN@E> G<FGC< 9LK =<CK K?8K
-34<-@5 @J 8CJF JK@CC 8K $/ >I8;L8K<; K?<P J?FLC; 9< D<EK@FE<; .0A8
;4?5: -F-8 @J JK@CC N@K? * 8E; =IFD % *-?-E 49-0 =.-8 85 =.-8
?8J JG<EK DFJK F= K?< G8JK P<8I KI8M 8E; @J EFN 91> C-: -:0 &-4-> !-B5:
<CC@E> 8IFLE; /FLK? !8JK J@8 C8JK 8E I<8 85 9-: #1>B-5F >?-8-:
J@>?K@E> N8J @E /@E>8GFI< >?8-: /8C<J )8E >52 E1?4- %-4119 -40
;4EA005: 8 B 8 IJ<< ?8J JL::<JJ 8><I =FI -650 -??-: -40 %-25=A1
=LCCP :FDGC<K<; JK P<8I F= ) 8K *<JKC< ;3-> -40 4-: -??-:
,LI;L< 8E; N@CC 9< @EK<IE@E> 8K &-9-: &-:058- - 7 - &-:0E 5:- -.5>
?8IC<J /:?N89 K?@J JLDD<I KF J?FN 95: @J >2-: 4910 -?59 &41574 -5>-
F== ?@J @DGI<JJ@M< E<N JB@CCJ JK@CC 8K )8<IJB -9110 ->E-9 A?@-2- ;-F
&4->6118 A?- @J F-9 49-0 ;.11: 49-0
!-F5- ,-9-: >I8;L8K<; =IFD /K8E 8::FI;@E> KF ?@D J<D@ <E>8><; 8E; 4A3@-5 !-B5: 85 !-F59 ?4>-2
=FI; 8E; @J EFN NFIB@E> =FI )@ N@CC ?FG<=LCCP 9< FLK F= ?@J :8JK 9P !A74.- 4-: ".10 &;4-58 - 7 -
:IFJF=K @E /<8KKC< &->- '-45> EFN 1D@1> $A>-@A8-5: 19;: %-
>I8;L8K<; =IFD 8IE<>@< )<CCFE 8E; 4118 -8;/4 %-F- -F95 &->-
@J 8CJF NFIB@E> @E K?< 1/ (?9-: -4B5?4 &4-95 8 B 8 )@J?8 @J ?8G &;4-58 &5005=A1 &--05- -??-:
A:5> @J @E (FE;FE :8IIP@E> FLK I< G@CP D8II@<; =FI 8CDFJK 8 P<8I EFN &-814- &5005=A5 &-:- ->;;=
J<8I:? FE K?< $<8CK? ,?8ID8 @E;LJ KF (8L>< /BFM>88I; 8 =<CCFN ,? JKL &-:- 4-850 &-:-9 A.>- &50
KIP &4-4F-5. ,A825=-> 8 B 8 /?<Q@ @J ;<EK 8K K?< (FE;FE /:?FFC F= !:F 05=A5 &4-75> %-FF-= &--0 A?
NFIB@E> =FI #C8OF/D@K?'C@E< @E EFD@:J 8E; ,FC@K@:8C /:@<E:< )FJK F= ?-5: 85 -9F- 89-77E &--0
'8I8:?@ 8E; %YD JLI< ?< J J<CC@E> K?<D ?<I K@D< K?<J< ;8PJ @J JG<EK KIP@E> FI -857 '-84- ->>A74 (91> ;.5:
?@J FNE JG<:@8C 9I8E; F= D<;@:@E< 8K C<8JK J?< K?@EBJ J?< @J KIP@E> KF -:0 ,-5:-. -950 $-EEA9
,-5:-. -<-05- ?8JEYK :?8E><; FE< JFCM< 8CC K?< NF<J F= ,8B@JK8E :FLI GFCF>@<J =FI 8EP @E:FII<:K @E=F FI
9@K 8E; % D NFE;<I@E> ?FN K?< G<F K<JP F= 8 ,? @E <M<CFGD<EK /KL; D@JJ@E> 8EPFE< FLK $FG< PFL 8CC
GC< 8K FCLD9@8 8I< B<<G@E> LG N@K? @<J /?< JK@CC ?8JE K CFJK ?<I CFM< =FI ?8M< 8 >I<8K P<8I
?<I /?< @J ?8C=N8P K?IFL>? ?<I ) ILI8C M@CC8><J 8J DFJK F= ?<I JLDD<I
EK?IF 8E; ?8J >I<8K GC8EJ F= KI8M<C K?@J P<8I N8J JG<EK N8CB@E> 8IFLE;
C@E> 8IFLE; K?< NFIC; +A?>- -8;/4 K?< ;<GK?J F= ILI8C $8=@Q898; 8M>
N@CC ?8M< >I8;L8K<; =IFD #<FI>< K<DG<I8KLI< 9<@E> ;<>I<<J
&/
Class notes
K?8E K?8K ?< @J <EAFP@E> C@=< N@K? ?@J
CFM<; FE<J @4-> -9110 8 B 8
/8<<E HL@K ?@J AF9 8K 9FLK1J FI>
8E; @J EFN JKIL>>C@E> KF JLIM@M< FE
8=K<I :FDGC<K@E> ?<I )/: =IFD 38I
N@:B ;A-0 &4-4:-C-F @J JK@CC NFIB
@E> @E 38I@; 9LK EFN JLG<IM@J@E> K?<
)*, K<8D $< N@CC 9< DFM@E> 98:B
336(-2%836 ?@J FNE E1?4- &-110 NI8GG<; LG KF /8L;@ I89@8 @E L>LJK =FI >FF;
8E 8D8Q@E> P<8I 8K K?< 1E@M<IJ@KP F= 0?@J K@D< ?@J GC8EJ KF C<8M< 8I< :FE
8,%6 %1))( *FKI< 8D< JKL;P@E> ?FN KF 9I@E> =@ID<; $< @J GC8EE@E> KF J<KKC< @E
%8,%6, +1%-0 '31 G<8:< KF K?< NFIC; J<I@FLJCP /?< '/ ,JJK $< JK@CC C@M<J N@K? K?8I
@J CFFB@E> =FIN8I; KF JG<E;@E> K?< $8D<<; 8E; -8J@D *FLD8E 89FM<
.0A? &-9-0 -B10 @J :LII<EKCP 9<KK<I G8IK F= @E &8B8IK8 @EK<IE !E>C@J? FFB <EKI<
NFIB@E> 8K /K8E;8I; ?8IK<I<; L98@ @E> 8K 8K?FC@: .<C@<= /<IM@:<J 8E; I<
8J 8 I<C8K@FEJ?@G )8E8><I F 8JB ?@D J<8I:?@E> =FI K?< ;I<8;<; )8JK<IJ -?--: A@@ 8 B 8 % ;FEYK BEFN
=FI 8EP FK?<I ;<K8@CJ PFL I<HL@I< GIFA<:K /?< N@CC K?<E I<KLIE KF K?< 1/ N?8K 8CC =IFD 58...... KF '?8J888E
0118 &-9-0 8B8 #8E;?@ ?8J =@E =FI K?< C8JK J<D<JK<I F= >I8; J:?FFC KF LKKKKKKK KF K?< C@JK >F<J FE @J
@J?<; ?@J ) =IFD % '8I8:?@ 8E; 8E; N@CC 8KK<DGK KF D8B< K?< E<OK 9@> D@IK?=LCCP =@E><IJ :IFJJ<; <DGCFP<;
N@CC EFN 9< J<KKC@E> @E (8?FI< < ;<:@J@FE 58-8 '-:C11> @J 8K FCLD 8K )@:IFJF=K FECP KF J<< =FI ?FN CFE>
JG@K< AF9 F==<IJ =IFD K?< 98EB@E> J<: 9@8 1E@M<IJ@KP I<8;@E> 8E; NI@K@E> @K JK8PJ :FEJ@;<I@E> K?< =@:BC< 8KK@KL;<
KFI ?< @J JK@CC J<8I:?@E> =FI 9<KK<I JKFI@<J =FI 8 C@M@E> DFE> K?< K?@E>J F= ?@J +ECP ?< N?F NFE;<I<;
FGGFIKLE@K@<J 0?<J< ;8PJ ?< @J 9LJP ?< ?8J ;@J:FM<I<; @E 8 P<8I 8I< (FE ;LI@E> ?@J LE@M<IJ@KP ;8PJ @= JG8:<
>F@E> 8IFLE; >@M@E> @EK<IM@<NJ K8B@E> ;FE @J 8 :C<8E<I M<IJ@FE F= '8I8:?@ J K@D< :FEK@ELLD :FLC; 9<E; EFN
AF9 F==<IJ 8E; I<A<:K@E> LE8GGI<:@8 /8;;8I 8E; K?8K K?< I<8C K?@E> @J ?FG<J @= K?< N<<B;8PJ 8E; N<<B
K@M< <DGCFP<IJ 49-0 .0A8 JKFIP NI@K@E> I<JK @J >LG J?LG -459 <E;J :FLC; JN@K:? GC8:<J C<KYJ J<<
->59 @J GC8EE@E> FE C<8M@E> #8CCLG &418;@ DFM<; KF 8?I8@E @E &8EL8IP N?8KYJ E<OK @E C@E< 0?<J< ;8PJ ?< @J
,8B@JK8E N?<I< ?< ?8J 9<<E NFIB@E> K?@J P<8I $< N8J :8L>?K 9<KN<<E I<8CCP ?8GGP 89FLK GC8P@E> ) "%
@E K?< LJKFD@Q<; .<J<8I:? <G8IK 8?I8@E 8E; 'LN8@K 9LK =@E8CCP ;< 8=K<I #!/ LK @J JF *+0 BFFC
D<EK JF K?8K ?< :8E ILE F== KF $8I :@;<; FE 8?I8@E $< @J EFN NFIB@E> N@K? 9<@E> MFK<; FLK 8=K<I K?< M<IP
M8I; =FI 8 ;<>I<< @E !;L:8K@FE 85 8J 8 :FEJLCK8EK =FI !IEJK 8E; 5FLE> =@IJK E@>?K=8CC K?FL>? EF9F;P @J KF 9<
*-?59 8 B 8 3 K@<; K?< BEFK @E < @E K?<@I %JC8D@: "@E8E:@8C /<IM@:<J 9C8D<; =FI K?@J 9@8J KFN8I;J ?@D
:<D9<I C8JK P<8I 8E; @J J<KKC@E> N<CC #IFLG 0?< >F@E> @J >FF; 9LK K?< K?<I< @J DFI< KN@JK @E K?< K8C< N?@:?
@EKF ?@J E<N C@=< $< @J GC8EE@E> KF ;F " <O8D @J K8B@E> 8 KFCC FE ?@J JF:@8C ?< GIFD@J<J KF K<CC C8K<I JF K?8K E8Q8I
?@J ) =IFD (1)/ K?@J P<8I 8E; I< C@=< $< @J ?FG@E> KF :C<8I (<M<C K?@J E8 C8> A8<P -??-: ..-? 8 B 8
<EK<I K?< :FDG<K@K@M< AF9 D8IB<K $< K@D< $< 9<C@<M<J K?8K K?< KNF DFJK F:KFI @J :FDGC<K@E> ?@J )8JK<IJ @E
@J D@JJ@E> ?@J 9L;;P ?J<E 8 B 8 @DGFIK8EK K?@E>J @E 8 >LP J C@=< 8I< FDGLK<IJ =IFD K?< 1/ $< GC8EJ KF
0FEP N?F ?8J >FE< KF K?< $FCP C8E; E8LBI@ 8E; :?FBI@ $< ?8J >FKK<E NFIB @E K?< 1/ JF=KN8I< @E;LJKIP
=FI NFIB $< @J JK@CC FE K?< ILE KF ;F K?< E8LBI@ 9LK @J JK@CC N8@K@E> =FI K?< 8=K<I >I8;L8K@FE 5>- 4-850 @J JK@CC
:FDDLE@KP J<IM@:< 8:K@M@K@<J FE K?< :?FBI@ GLIJL@E> 8 D8IB<K@E> :8I<<I N@K? )F
N<<B<E;J 9@C@EB @E (8?FI< N?@C< ?LEK@E> =FI
-5F--: 49-0 8 B 8 "@AAL ?8J :FD< DL:? DFI< :?8CC<E>@E> 8M<EL<J /?<
9.>11: -9F- 8 B 8 D9Q @J :LI KF K<IDJ N@K? ?@J C@=< @E '8I8:?@ 8E; I<:<EKCP D8II@<; ?<I =@8E:R @E 8E @EK@
I<EKCP 98J<; @E /@E>8GFI< NFIB@E> FE ?8J @E =8:K JK8IK<; <EAFP@E> @K $< I< D8K< :<I<DFEP 8K ?<I ?FLJ< 8K
K?< ,I@M8K< 8EB@E> %EK<>I8K@FE F= "FI HL<JKJ <M<IPFE< C@M@E> 8N8P =IFD K<E;<; 9P =8D@CP 8E; =I@<E;J /?< @J
K@J N@K? * ).+ @E J@8 8E; @J <O ?FD< KF <EAFP K?@J JFIK F= C@=< KF @KJ ?FG@E> KF DFM< KF 8E8;8 JFFE 8E;
KI<D<CP <O:@K<; 89FLK AF@E@E> K?< =LCC<JK EF D8KK<I N?<I< K?<P 8I< 9< D8P9< ;F ?<I )
) :C8JJ 8K 3?8IKFE K?@J =8CC ?-0 :8LJ< N?<E @K <E;J 9P D<8EJ F=
:C-> 8 B 8 JB<C I<:<EKCP DFM<; KF >F@E> 98:B ?FD< FI ><KK@E> D8II@<; F4-> &5005=A5 @J JK@CC NFIB@E> 8K
'LN8@K 8E; JK8IK<; NFIB@E> 8J 8 *<K K?<P N@CC I<>I<K EFK ?8M@E> D8;< =LCC ' / 8G@K8C 8J 8E %EM<JKD<EK 8EB
NFIB <J@>E 8E; +GK@D@Q8K@FE <E>@ LJ< F= @K $< @J 8CJF EFN M<IP ?8GGP @E> E8CPJK 8E; ?8J EFK CFJK ?@J =8@K?
E<<I @E :FI< E<KNFIBJ 8K */* *FB@8 N@K? ?@J ;<:@J@FE KF >F KF 1E@C<M<I @E ,8B@JK8EYJ <:FEFDP $< ?8J GIFD
/@<D<EJ *<KNFIBJ 8=K<I JL::<JJ=LCCP 8E; EFK , # JFD<K?@E> K?8K KFI @J<; K?< #FM<IEFI F= /K8K< 8EB F=
NFIB@E> 8K 1=FE< (8?FI< .<:<EKCP D<EK<; ?@D =FI 8 CFE> K@D< )FI8C ,8B@JK8E K?8K ?< N@CC G<IJFE8CCP 9I@E>
?< GLK ?@J :I<8K@M< JB@CCJ KF LJ< 8E; 0?@E>J + 8CN8PJ KLIE FLK =FI K?< @E 1/ 9@CC@FE @EKF K?< <:FEFDP 8J
JK8IK<; G?FKF>I8G?P 8J 8 ?F99P 8E; 9<JK %E FK?<I E<NJ ?< N@CC 9< KP@E> =FI<@>E ;@I<:K @EM<JKD<EK -054-
D@>?K 9< K?@EB@E> 89FLK JK8IK@E> ?@J K?< BEFK JFD<K@D< N@K?@E K?< E<OK F5F @J JFFE >F@E> KF C<8M< ?<I AF9 8J
FNE 9LJ@E<JJ "FI ?@J NFIB M@J@K DFEK?J 8E; @J I<8CCP CFFB@E> =FIN8I; 8 K<8:?<I F= 3FIC; ==8@IJ 8K (#/
?KKG JB C ;<M@8EK8IK :FD +K?<I KF ?@J =@8E:R :FD@E> 98:B KF ,8B@JK8E N?<I< J?< N@CC K<II@9CP D@JJ ?<I
Class notes
JKL;<EKJ N?F I<D@E; ?<I F= K?<
>FF; K@D<J J?< ?8; 9<=FI< JK<GG@E>
@EKF K?< NFIC; F= 8;LCK?FF; 8E; I<
JGFEJ@9@C@K@<J EFK KF D<EK@FE C<8M<
) =IFD % FE N<<B;8PJ N?@C<
FE N<<B<E;J ?< @J J<<E 8K K?<
N<<BCP (1)/ -8?N8 8 B 8 #I<<E
0<8 ><K KF><K?<I G8IK =IFD K?@J ?< @J
8E; G8NEJ K?<D 9@> K@D< @E K?<
GIF:<JJ $@J >8D@E> KI8@E@E> :FLIJ<J
8CJF @E:CL;< / >< F= !DG@I<J 8E;
-L8B< &-95- &;4-5. &5005=A5 @J
?<I =LE EFK<J FE <O8D G8G<IJ 8E; 9LJP GC8EE@E> ?@J :8I<<I 8E; K?@EB@E> JK@CC ;<M<CFG@E> JF=KN8I< =FI /) .0
>@M< ?<I >@=KJ )<8EN?@C< J?< @J F= ><KK@E> 8 DFKFI :P:C< KF 9<8K K?< 0<:?EFCF>@<J @E 8C>8IP 8E8;8 /?<
@D G8K@<EKCP N8@K@E> =FI ?<I M@J8 JF DFIE@E> ?FLI KI8==@: F= '8I8:?@ JFD<?FN D8E8><; KF JLIM@M< K?<
K?8K J?< :8E >F AF@E ?<I ?LJ98E; @E ;<M<CFGD<EK 8E; I<C<8J< F= EFK FECP
!E>C8E; ->E-9 -05 8J LJL8C ?8J !-.118 4-: 8=K<I E<8ICP J<IM@E> M<IJ@FE 9LK 8CJF F= /) .0 J
;@J8GG<8I<; @EKF K?@E 8@I 8CK?FL>? 8 KNF P<8IJ @E K?< D@:IF=@E8E:< @E;LJ E<N :FCC89FI8K@M< D<<K@E> IFFD JF=K
=<N J@>?K@E>J ?8M< 9<<E I<GFIK<; KIP @J :FEK<DGC8K@E> K?< =<8J@9@C@KP F= N8I< @E C<JJ K?8E FE< P<8I 3?<E EFK
/?< K@<; K?< BEFK @E <:<D9<I 8D@;JK NFIB@E> @E K?< EFE GIF=@K J<:KFI 8K NFIB J?< :8E 9< =FLE; J?FGG@E>
8CC K?< ;I8D8 :8LJ<; 9P K?< @E:@ KI8EJGFIK@E> ?@DJ<C= 89IF8; KF ;F 8E GC8P@E> ?<I 3@@ GC8EE@E> ?<I E<OK KI@G
;<EK 8E; DFM<; KF K?< $FCP (8E; ) FI KI8M<C@E> K?< NFIC; FI JF ?< KF ,8B@JK8E FI :LIJ@E> 8C>8IP J LEGI<
N@K? ?<I ?L99P /?< D@JJ<J ?<I K?@EBJ !-@-?4- ?8J =@E@J?<; ?<I ;@:K89C< N<8K?<I &-:- 6-F I<:<EKCP
=I@<E;J ?FE<JKCP 8E; ;F<J EFK C@B< )8JK<IJ F= !E>@E<<I@E> @E / =IFD >FK *@B8?F=@<; 8E; @J 9LJP N@K? N<;
K?< =8:K K?8K @K :FJKJ K@D<J DFI< KF FIE<CC 8E; @J EFN JK8IK@E> ?<I ) ;@E> GI<G8I8K@FEJ K?<J< ;8PJ /?< @J
:8CC ,8B@JK8E =IFD /8L;@ /?< ?8J =@ =IFD K?<I< !1C-8 "?9-: :FD JK@CC NFIB@E> N@K? *<K/FC 8E; N@CC 9<
E8CCP :FD< KF K<IDJ N@K? K?< =8:K K?8K GC<K<; 8 FE< P<8I )8JK<IJ ;<>I<< HL@KK@E> JFFE &4-411> @J >F@E> KF
K?<I< @J FE< 8E; FECP FE< :FCFI @E ?<I =IFD K?< (FE;FE /:?FFC F= !:FEFD DFM< KF %JC8D898; K?@J JLDD<I 8=K<I
C@=< ( ' 898P8 14>11: @:J @E 8E; @J :LII<EKCP NFIB@E> NFIB@E> =FI 0?< *<N /:?FFC =FI 8
4-850 ?8J 9<<E NFIB@E> 8K @K@98EB 8K K?< /@E;? !;L:8K@FE "FLE;8K@FE P<8I 8E; 8 ?8C= $< ?8J >@M<E LG CFFB
FDD<I:@8C 8EB@E> J@E:< >I8;L8 '8I8:?@ /?< GC8EJ KF JK8IK ?<I ,? @E> =FI =LE;@E> 8E; ?8J J8@; >FF;
K@FE /?< J <EAFP@E> ?<I NFIB C@=< 9LK =IFD K?< 1E@M<IJ@KP F= 8D9I@;>< @E 9P<J KF 8::<GK8E:<J =IFD $8IM8I;
?8J 9<<E I<D<D9<I@E> K?< >FF; +:KF9<I !50- %-?4110 8=K<I 8E; /K8E=FI; CC <P<J FE K?< "LC
K@D<J F= (1)/ HL@K< =I<HL<EKCP 8E; =@E@J?@E> ?<I JK@EK N@K? %!/! @E 9I@>?K EFN N?@C< ?< ><KJ I<8;P KF
@J NFE;<I@E> N?8K KF ;F E<OK &LE< @J DFM@E> KF I8Q@C =FI K?< JLD K<8:? )8K?<D8K@:J 8K $<8;JK8IK %J
D<IJ 8=K<I N?@:? J?< CC 9< JK8IK@E> 8 C8D898; =FI K?< E<OK 8:8;<D@: P<8I
;5FA005: &-.>5 @J EFN NFIB@E> @E NFIC; KFLI N?@:? N@CC C<8; ?<I KF &;95>- &;;9>; @J ILEE@E> ?<I FNE
8E F@C =@ID !*% @E )@C8E %K8CP K?FI 0LIB<P 8DFE>JK FK?<I GC8:<J /?< JF=KN8I< ;@M@J@FE LE;<I ?<I =8K?<I J
FL>?CP <EAFP@E> ?@DJ<C= $< KI@<J KF J?FLC; 9< 98:B @E ,8B@JK8E @E K@D< =FI :FDG8EP < /FCLK@FEJ @E /8L;@ I89@8
K8B< 8;M8EK8>< F= 8EP 8E; 8CC FGGFI C8JJ *FK<J "9-5> 588-:5 8E; GC8EE@E> KF ;F ?<I ) JFFE
KLE@K@<J KF D<<K LG N@K? (1)/ G<F >I8;L8K<; N@K? 8 #FC; D<;8C @E ?@J
GC< JF K?<I< J 8CN8PJ 8 GC8:< =FI )/ !! GIF>I8D 8E; @J EFN NFIB@E> &A9-EE- ,A.-5> 8 B 8 /LDQQ
JFD<FE< N?F N8EKJ KF M@J@K )@C8E 8K K?< /<8KKC< .<;DFE; F==@:< F= )@ DFM<; KF )<C9FLIE< @E &8EL8IP K?@J
$< JK@CC =@E;J K8B@E> :8I< F= ?@J 8G8IK :IFJF=K 8J /F=KN8I< <M<CFGD<EK !E P<8I 8=K<I ><KK@E> D8II@<; 8E; @J CFM
D<EK 8 ?L>< :?FI< A?@-2- -??-: >@E<<I @E 0<JK / !0 %-.11- -= @J @E> @K ;FNE K?<I< /?< J8PJ V% 8D :LI
-90-:5 8 B 8 )LJKF ?8J C8K<CP ?8GG@CP EF EFK D8II@<; ?8GG@CP <D I<EKCP NFIB@E> 8J 8 #%/ /G8K@8C
9<<E J?FN@E> 8:LK< @EK<I<JK @E <O GCFP<; 8K '8J?= "FLE;8K@FE :FE E8CPJK 8K K?< <GK F= ,C8EE@E>
KI<D@JD 8 J?8IG :FEKI8JK KF ?@J DL:? KI@9LK@E> @E N?8K<M<I D8EE<I J?< :8E FDDLE@KP <M<CFGD<EK N?<I< %
8;FI<; G<8:<=LC @EJK@E:KJ 0F =LC=@CC KF 8CC<M@8K< GFM<IKP @E ,8B@JK8E $<I ?8M< 9<<E 9LJP ?8C= K?< ;8P I<8;@E>
K?@J E<NCP ;@J:FM<I<; G8JJ@FE ?< GC8EJ =FI K?< =LKLI< @E:CL;< ;<:@;@E> K?< E<NJ J<E;@E> <D8@CJ =FI FLI
?8J 9<<E KI8M<CC@E> =IFD =>?8E@JK8E N?8K KF ;F N@K? K?< I<; N8CC @E ?<I 9<CFM<; /:?FC8IJ?@G "LE; FI D8JK<I
KF ,FC8E; @E K?< C8JK :FLGC< F= IFFD KI8M<C 8 9@K 8E; <EAFP 98:?< @E> K?< 8IK F= #FF>C< K8CB@E> .<:<EKCP
DFEK?J /@<D<EJ @J ;F@E> 8 >FF; AF9 CFI<KK< C@=< KF K?< =LCC<JK % ?8M< 9<<E 9LJP >@M@E> @EK<IM@<NJ
@E ?FC;@E> FEKF K?@J 9I@CC@8EK :I<8KLI< ?<I< 8E; K?<I< D@>?K JK8IK NFIB@E>
9P >@M@E> ?@D ?@J :?@C;?FF; F9A<:K F= &--0 *-=-? 8 B 8 /88;@9FPS @J JFD<N?<I< <CJ< JFFE J@E:< K?@J
=8EK8JP K?< %* $< @J :C@D9@E> K?< C8; 9I8E; CFP8C KF ',)# $< ?8J J?@=K<; P<8IYJ /:?FC8IJ?@G "LE; :FCC<:K@FE @J
;<I KF 9<:FD< 8 :FIGFI8K< KP:FFE @E KF ',)# .@P8;? I<:<EKCP 8=K<I ;FE< 8E; % D 8 C@KKC< 9FI<; F= K?<
K?@J >IFN@E> :8G@K8C@JK@: JF:@<KP 8C JG<E;@E> FE< 8E; 8 ?8C= P<8I @E K?< E<NJ 8E; > K8CB W &E10 A4-99-0
K?FL>? C8K<CP ?< ?8J 9<<E ?<8I; J8P (8?FI< F==@:< $< JG<E;J DFJK F= ?@J A??-5: JK8IK<; ?@J ,? @E <:FEFD@:J
@E> 3< N@CC 9< ?8M@E> 8 EL:C<8I N8I K@D< :ILE:?@E> ELD9<IJ N@K? ?@J >@IC 8K K?< 1E@M<IJ@KP F= .F:?<JK<I @E L
JFFE JF ALJK ;F N?8K PFL I<8CCP =I@<E; )@:IFJF=K !O:<C =K<I K8B@E> >LJK $< @J 8 CFE> N8P =IFD
<EAFP ;F@E> AF-9958 &4-450 ?@J " C<M<C <O8D ?< @J K<8:?@E> :FDGC<K@FE 9LK GC8EJ KF I<D8@E JK<8;
4-@@5 ?8J 9<<E 9LJP GLIJL@E> ?@J ?@J ',)# :FCC<8>L<J KF GC8P +0 =8JK @E ?@J HL<JK KF 8KK8@E 8 ;F:KFI8K<
'14>119 A?-5: JG<EK P<K 8EFK?<I
Class notes
P<8I F= ?<I C@=< 8K (1)/ 8KK<DGK@E> KF
D8JK<I K?< K<II8@E F= <:FEFD@:J LI
@E> ?<I FE< P<8I GIF>I8D J?<
LEBEFNE 0?<I< N<I< I<GFIK<; @E:@
;<EKJ N?<I< ?< N8J JGFKK<; HL8;
9@B@E> @E -8K8I N?@CJK 8K C8I>< @E
%JC8D898; N?<I< ?< @J NFIB@E>
8=K<I ;8PJ FE K?< AF9 8J ?< @J EFK
M<IP =FE; F= 98EBJ 5?4- >;;6
?4>-2 4-: @J 8 DFEK? 8N8P =IFD
:FDGC<K@E> ?<I )8JK<IJ @E !:FEFD@:
9ILJ?<; LG FE ?<I <:FEFD@:J JB@CC :FM<IKCP 8J K?< FEJLCK8EK *@EA8 =FI ,FC@:P =IFD ):)8JK<I 1E@M<IJ@KP
J<K 8E; N8J ;@J:FLI8><; KF =LIK?<I 8E FI>8E@Q8K@FE :8CC<; 0<I8;8K8 8E; $8D@CKFE 8E8;8 =K<I N?@:? J?<
8EP 8KK<DGK 8K JKL;P@E> K?< JL9A<:K IF:B@E> 8J 8CN8PJ GC8EJ KF JK8IK NFIB@E> 9LK ?8J EF :CL<
@E :8J< J?< ;<M<CFGJ :?8I8:K<I@JK@:J N?<I< FI N?<E FI N?P /?< ?FG<J KF
KF K?< C@B<J F= K?< ;F:KFIJ I<J@;@E> @E )57-?4 4A6- @J NFIB@E> K?< C8JK =<N J<KKC< :CFJ<I KF =8D@CP 8E; =I@<E;J
K?< <:FE N@E> (9-5> -8119 @J @E DFEK?J @E ?@J :LII<EK AF9 8J 8 FE N@K? 8 ;<:<EK AF9 8E; N8@KJ KF J<<
MFCM<; @E ?@J =8D@CPYJ K<OK@C< 9LJ@E<JJ JLCK8EK .<J<8I:? JJ@JK8EK 8K K?< FC N?8K C@=< ?8J @E JKFI< =FI ?<I E<OK
8E; <EAFPJ K?< CFE> ;I@M< KF F==@:< C<:K@M< =FI /F:@8C /:@<E:< .<J<8I:? 5?4- &5005=- F59 @J 98:B @E /8L;@
<M<IP ;8P ,MK (@D@K<; 9<=FI< ?< C<8M<J =FI I89@8 $<I C@=< I<D8@EJ C8I><CP 8
)8JK<IJ F= ,L9C@: ,FC@:P 8K 1E@M<IJ@KP J<;<EK8IP 8==8@I N?FJ< ;<K8@CJ J?<
(91> A8 8 B 8 /?8;@ #LC 8 B 8 F= ?@:8>F V% >L<JJ K?< K@D< @J I@G< NFLC; GI<=<I KF C<8M< J?IFL;<; @E
1D<IFD8@I 8 B 8 #LC@ #LCQ @J ><K =FI DFM@E> 9<PFE; K?< DL:? ?PG<; DPJK<IP $FN<M<I J?< 8;D@KJ K?8K 8
K@E> K?< >C8DFLI 8E; M@>FI ?< N8EK<; 9LK 8:KL8CCP JK8>E8K@E> KF K?< D@E; :<IK8@E GFIK@FE F= @K @J JG<EK :F;
=IFD ?@J :FIGFI8K< C@=< /?FGG@E> 8K 8K C<8JK :8I<<I @E =@E8E:@8C J<:KFI @E> NI@K@E> ;<J@>E@E> =FI =I<<C8E:<
K?< L98@ /?FGG@E> "<JK@M8C 8K ?@J 3<CC % D@>?K ALJK :FD< 98:B KF @K KF GIFA<:KJ J =FI K?< =LKLI< 8EPK?@E>
:FDG8EP J 9L;><K 8E; K8B@E> 8E D@EK DFE<PW ?< J8PJ @J GFJJ@9C< =IFD =LIK?<I J<;<EK8I@E<JJ
8D8Q@E> N<<B !LIF KI@G C8K<CP FE:< KF K?@:B<I :CFL;J F= DPJK<IP =K<I 8
8>8@E FE ?@J :FDG8EP J <OG<EJ< @K P<8I @E F9C@M@FE 8E; =@>?K@E> N@K? ?@J
N8J EFK JLIGI@J@E> =FI K?< NFIC; 8K
C8I>< N?<E ?< ;@K:?<; K?< FGK@FE F=
>F@E> =FI 8E ) =IFD (1)/ @E =8MFI
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J?@G N8J 8E @EM8CL89C< <OG<I@<E:<
=118 7.-> ?8J ;<:@;<; KF ?FG KF
F= :FEK@EL@E> ?@J AF9 .LDFI >F<J K?< FK?<I J@;< F= K?< NFIC; @E "8CC
K?8K ?< FECP JK8IK<; <OGCFI@E> FK?<I 336(-2%8367 $< GC8EJ KF D@E>C< N@K? =FFK
FGK@FEJ KF D8B< ?@J D8E8><I >@M< %1-7, %7,1- 98CC AF:BJ 8E; :?<<IC<8;<IJ N?8K
?@D 8 @E:I<D<EK 9P =8I 8DFE> <M<I NFIBJ =FI ?@D ;@J>L@J<; 8J 8
K?< C8I><JK !I@:JJFE ,8B@JK8E ?8J <M<I
-:) -:)67 )', >I8; JKL;<EK 8K .LK><IJ CJF ?4->
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8K * ).+ .FP8C 8EB F= /:FK FK?<I JK8IKLG 8E; @J ?8GGP N@K? ?@J
C8E; @E '8I8:?@ EFN 8J 8 ,IF;L:K ,%*%5 33163 C@=< @52 !-F5> @J JKL;P@E> =FI 8 ,?
)8E8><I =FI I8E:? 8EB@E> 8E; ,I< 7,%*%5 733163 +1%-0 '31 8K 1 8M@J KIP@E> KF =F:LJ FE I<
=<II<; 8EB@E> LI@E> K?< ;8P ?< J<8I:? 9LK ><KK@E> ;@JKI8:K<; 9P FE
9LJ@<J ?@DJ<C= N@K? K?@E>J C@B< :LII<EK C@E< JF:@8C 8GGC@:8K@FE
8::FLEKJ J8M@E>J 8::FLEKJ K<ID ;< $<CCF 8E; N<C:FD< KF FLI M<IP =@IJK ;<M<CFGD<EK D8IB<K@E>
GFJ@KJ 8E; 9I8E:? D8IB<K@E> N?@C< :C8JJ EFK<J 3<YCC JK8IK N@K? K?< YJ
;LI@E> K?< E@>?KJ ?< ;I<8DJ F= J<<@E> >F@E> 8CC K?< N8P KF K?< 6YJ JF 9<8I E1?4- 85 4-: :LII<EKCP J<<J ?<I
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8 B 8 )8E;<C8 ?8J DFM<; FE =IFD 4-A0->E @J ?FG@E> KF :C<8I 8 :FLGC< FLK N@K? K?< 9@> >LEJ 8K 38K<<E 0<C<
/: C8JJ *FK<J :FFI;@E8KFI DFI< /F:@<KP F= :KL8I@<J /+ :FD 8E; @E;LC>@E> @E JKI8K<>@: 9LJ@
C8JK P<8I 8E; @J :LII<EKCP D8JK<I@E> <O8DJ JFFE $< @J :LII<EKCP NFIB@E> E<JJ GC8EE@E> $FN<M<I J?< ?FG<J
K?< 8IK F= DLCK@ K8JB@E> K?IFL>? > K8CB 8J 8E 8:KL8I@8C KI8@E<< @E K?< #IFLG KF <OGCFI< E<N<I >IFLE;J 8E; @J
@E> :?8KK@E> KF K?< :FCC<8>L<J 8K <E<=@KJ <G8IKD<EK 8K !"1 (@=< $< JFFE GC8EE@E> FE ?<8;@E> ;FNE
NFIB 8E; P<8 K?< F::8J@FE8C NFIB @J 8CJF GC8EE@E> FE NFIB@E> @E 1' 9P LE;<I 9P GLIJL@E> 8 GFJK >I8;L8K<
KFF $< ?8J DFM<; LG K?< :FIGFI8K< K?< <E; F= K?@J P<8I .0A88-4 ;<>I<< @E %EK<IE8K@FE8C .<C8K@FEJ 8K
C8;;<I 8 9@K J@E:< ?@J C8JK EFK< 8E; %-:- @J @E (8?FI< NFIB@E> 8J 8E : K?< 1E@M<IJ@KP F= /P;E<P @E LJKI8C@8
P<J JK@CC GCP@E> ?@J KI8;< 8K $ ( %E :FLEK LJ@E<JJ <M<CFGD<EK )8E %EK<I<JK@E>CP <EFL>? P<J?8 ?8J
M<JKD<EK 8EB@E> #IFLG =LC=@CC@E> ?@J 8><I @E % ) %K8C@8 $< GC8EJ KF JK8IK ?@J EFK ALDG<; 89F8I; K?< :FEK8>@FLJ
I<JGFEJ@9@C@K@<J 8J 8E @EM<JKD<EK FNE %0 FDG8EP 9P K?< <E; F= K?@J 98E;N8>FE KF D8II@8>< D8IK "LE
98EB<I $ I<:IL@K<I =FI % # 8E; P<8I %E K?< D<8E K@D< 4910 *- 8E; =IFC@: =FCCFNJ 8J 8 I<JLCK
P<8 8CJF DFM@E> KFN8I;J 8:@E> ?@J 4110 ?8J 9<<E JC8:B@E> F== 8K 8NE EA. 4A4>; @J D8E8>@E> 8JJ<KJ 8K
" (<M<C %%% !O8D %EJ? CC8? *<NJ N?@C< GIF;L:@E> K?I<< J?FNJ ,8B +D8E ) 8E; GC8EE@E> KF
(?9-: 8E-? ? N?<I<89FLKJ 8I< JK@CC 8=K<I ;@K:?@E> * ).+ J8C<J ALJK K8B< FM<I K?< NFIC; FE< JKF:B
Class notes
8K 8 K@D< +E K?< FK?<I
? 8 E ; ->6-0 '-:B11> @J GC8P@E>
8IFLE; N@K? :LII<E:@<J 8E; =@O<; @E
:FD< J<:LI@K@<J 8J %EK<I 98EB <8C<I
8J ?< ><KJ KF BEFN 8CC B@E;J F= ;<8CJ
9P 38I@; N?<K?<I @K @J 8 DF;<C@E>
:FEKI8:K N@K? C@ QD8K FI E<KNFIB
;<GCFPD<EK :FEKI8:K N@K? !I@:JJFE
@<J ?8J 9<<E J8K@8K<; EF DFI< D8K?J
EF DFI< <:FEFD@:JT?@J I<8C C@=<
JK8IKJ EFN

=FI 1 ( KI<8JLIP @E K?< J:FI:?@E> ?<8K A??-5: 85 8 B 8 .8DL @J 98:B KF A0-??5> &41574 @J D@JJ@E> (8?FI<
F= L98@ .LEE@E> K?< :FIGFI8K< I8:< N?<I< ?< JK8IK<; F== 8E; ?8J AF@E<; 8E; @J ?8M@E> 8 9C8JK @E L98@ 1E<O
;F<JEYK J<<DJ KF 9< ?@J 9I<8; 8E; 8EFK?<I JK8IKLG ?FG@E> K?8K K?@J K@D< G<:K<;CP ?< @J NFIB@E> @E K?< =@E8E
9LKK<I JF ?< J K?@EB@E> 89FLK 9<:FD @K NFLC; 9<:FD< 8 D@CC@FE ;FCC8I :@8C J<:KFI 8J 8 :FIGFI8K< ;<8C<I @E
@E> 8 =LCC K@D< G?@CFJFG?<I 8E; @J :FDG8EP -054- .50 >I8;L8K<; 1 ( J KI<8JLIP $< N@CC ;F D8JK<IJ
9C<JJ@E> $8JJ8E %A8Q N@K? ?@J @;<8J N@K? K?< I<8C@Q8K@FE K?8K ?<I 8CC<><; JFFE 8E; @J ><8I<; LG =FI 8 IF8; KI@G
8E; :FDG8EP 9P J?8I@E> ?@J CFM< =FI <:FEFD@:J N8J D<I< @E=8KL 8:IFJJ !LIFG< +E K?< FK?<I ?8E;
8::FDDF;8K@FE N@K? ?@D 8K@FE J?< =FLE; 8 AF9 8J 8 D8IB<K@E> !1189- &5005=A5 =@E8CCP ?8J K?8K
=K<I I<M<IK@E> 98:B KF K?< :8CD 8E; I<J<8I:? <O<:LK@M< @E 38I@; 0<C<:FD )8JK<IJ @E !:FEFD@:J ;<>I<< @E ?8E;
J<I<E< X@JCFFY ?@CCJ 8E; I<C8O@E> =FI 8E; 8=K<I =FLI DFEK?J F= <OK<EJ@M< 8E; @J EFN I<N8I;@E> ?<IJ<C= =FI 8CC
KNF DFEK?J ->>-4 8E-? I<8C@Q<; JK8K@JK@:8C 8GGC@:8K@FE EFK J?< N8J K?< JC8M<IP J?< N8J GLK K?IFL>? C8JK
K?8K @K N8J K@D< KF LJ< 8CC K?< <:F D8;< KF NFIB 8J 8 =FI<:8JK@E> <O<: P<8I 9P KIFKK@E> K?< >CF9< C@B< 8 9F
EFD@:J J?< ?8; JKL;@<; @E K?< C8JK LK@M< @E K?< J8D< :FDG8EP /?< @J ?<D@8E K?@J JLDD<I GI<G8I@E> =FI
=FLI P<8IJ KF D8B< K?< <:FEFDP :LII<EKCP GC8P@E> ?8MF: N@K? K?< :FD ?<I LG:FD@E> ELGK@8CJ N@K? =<M<I@J?
VG8I<KF <==@:@<EKW $<E:< "8II8? M<E G8EPYJ P<8I =FI<:8JKJ 8E; N@CC JFFE <O:@K<D<EK 8E; C<8IE@E> ?FN KF D8B<
KLI<; FLK 8E; AF@E<; K?< J@8E <M<C =C<< K?< :FLEKIP N@K? ?<I ?LJ98E; :?@:B<E 9@IP8E@ 5<J J?< J 8CN8PJ
FGD<EK 8EB =FI 8E 8JJ@>ED<EK N@K? /?< >FK D8II@<; @E )8I:? 8E; 9<<E 8 DLCK@ K8JB<I !5?4--@ &4-25 @J
!.. N?@:? N8J 8 =8J:@E8K@E> <OG<I@ NFLC; 9< DFM@E> KF 9L ?89@ K?@J :LII<EKCP NFIB@E> 8J 8 I<J<8I:? 8JJ@J
<E:< =FI ?<I 8J @K FG<E<; ?<I KF K?< <:<D9<I K8EK 8E; N@CC 9< JK8IK@E> ?<I )8JK<IJ
I<8C@K@<J F= K?< ;<M<CFG@E> NFIC; 8K /K8E=FI; 1E@M<IJ@KP JK8IK@E> "8CC
*FN J?< @J <O:@K<; KF ?<8; F== KF K?< -4-9 F5F @J :LII<EKCP NFIB@E> 8J /?< J CFFB@E> =FIN8I; KF K?<
NFIC; F= FIE<CC @E K?< 9<8LK@=LC C8E; 8E // 0 8K (1)/ 8E; @J N8@K@E> =FI 8C@=FIE@8E JLE 8E; @J I@;@E> ?@>? FE
F= N8K<I=8CCJ 8E; >FI><J @E %K?8:8 ?<I "LC9I@>?K J:?FC8IJ?@G KF GLIJL< K?8K ;8J? F= <O:@K<D<EK 8E; LE:<I
/?< ?FG<J KF I<KLIE JL::<JJ=LCCP N@K? ?<I )8JK<IJ @E I<8K@M< 3I@K@E> E<OK K8@EKP K?8K D8B<J C@=< 8CC K?< DFI<
8 ), %EK<IE8K@FE8C <M<CFGD<EK P<8I CJF -4.-:; +-?911: @J NFIK?N?@C< += :FLIJ< CL:B@CP $FCCP
;<>I<< @E ?<I ?8E; -501> %-F- @J :LII<EKCP NFIB@E> @E (8?FI< =FI NFF; N@CC 8CN8PJ 9< E<8I9P JF J?< J
NFIB@E> 8J 8 LJ@E<JJ E8CPJK 8K 8E #8CCLG ,8B@JK8E 8 D8IB<K@E> I<J<8I:? >FK 8CC ?<I FGK@FEJ :FM<I<; !;;>-
J@8E <M<CFGD<EK 8EB GIFA<:K 8><E:P /?< @J GC8EE@E> KF >@M< ?<I $A>1?45 @J KFK8CCP D@JJ@E> ?<I :I8QP
:8CC<; LJ@E<JJ /LGGFIK "LE; N?<I< #) 0 JFD<K@D< @E *FM<D9<I 8E; =I@<E;J 8E; J@DLCK8E<FLJCP NFE;<I
>I8EKJ 8I< >@M<E KF /)!J KF D8B< ><KK@E> 8;D@JJ@FE @EKF ) )8IB<K @E> N?P C@=< @E (8?FI< ?8J 9<:FD<
K?<D DFI< GIF=@K89C< GIF;L:K@M< @E> =8CC 98K:? ->5-9 F11F JFFF 9FI@E> /?< @J NFIB@E> 8K K?<
:FDG<K@K@M< 9C8? 9C8? 9C8? $FN @J CFJK @E K?< NFIC; F= <HL8K@FEJ =FI ) $<8; +==@:< 8J 8E +G<I8K@FE8C
<M<I N?8K ?< I<8CCP ;F<J @J JG<E; ?@J DLC8J 8E; E ;@D<EJ@FE8C M<:KFI .@JB E8CPJK 8E; ?FG<J KF >8@E JFD<
<EK@I< ;8P FE =8:<9FFB DJE >D8@C JG8:< /?< ?FG<J KF I<KLIE KF K?< ?@>? K<:? <OG<I@<E:< @E .@JB )8E8><
8E; :I@:@E=F 9<:8LJ< DFJK /)!J EFID8C NFIC; @E &LE< N?<E J?< D<EK K?<E C<8M< =FI 8 )8JK<IJ @E "@
:8E K LE;<IJK8E; K?< GIFA<:K LI N@CC 9< =@E8CCP ;FE< N@K? ?<I )8JK<IJ E8E:@8C !E>@E<<I@E> JFFE
I<EKCP ?< J >F@E> N@K? K?< =CFN 8E; @E "@E8E:@8C !:FEFD@:J =IFD 1E@M<I !;;> 5 5>>- *-=-? @J J?F:B<; 8K
?8J EF @;<8 N?<I< ?@J C@=< @J ?<8;@E> J@KP F= +O=FI; /?< @J KP@E> K?< BEFK ?FN HL@:BCP 8CC >@ICJ =IFD ?<I 98K:?
"FI 8EP GFJ@K@M< 8;M@:< GC<8J< :FE @E K?@J L>LJK @EJ?8 CC8? 5> -9F- 8I< KP@E> K?< BEFK 8E; @J NFE;<I@E>
K8:K $8@;<I -49;;0 ?8J DFM<; KF 1E@M<IJ@KP N8JE K (1)/ 9I8@E NI<:B@E> JKL;P@E>
F= ,@KKJ9LI>? =FI )/ @E !C<:KI@:8C !E>@ 8CC 89FLK 8D9@K@FEJ 8JG@I8K@FE 8E;
-??-: 85 8B8 .& J $8C@ ?8J 9<<E E<<I@E> 8E; <EAFP@E> 8 E8J:<EK :8 G<ILJ@E> :8I<<IJ ,C8P@E> ?FGJ:FK:?
?FGG@E> 8IFLE; @E (8?FI@ /K8IKLG I<<I @E I<J<8I:? K?<I< $< GC8EJ KF >F N@K? K?< D8II@8>< @E;LJKIP
:FDG8E@<J KF D8B< K?<D >I<8K 9LK 9<PFE; )/ 9LK C<KYJ J<< ?< @J :LI ?<IJ<C= J?< DFM<; KF (FE;FE KF
@J CFFB@E> KF J<KKC< =FI 8 JK89C< AF9 @E I<EKCP <EAFP@E> C@=< A4-9910 :FDGC<K< ?<I GFJK>I8;L8K< ;<>I<<
K?< )@;;C< !8JK CLDE@ 8I< I< ->50 4910 @J JKIL>>C@E> ?8I; KF I< @E <M<CFGD<EK /KL;@<J =IFD /:?FFC
HL<JK<; KF ?<CG %E K?< D<8EK@D< C<8J< ?@DJ<C= =IFD K?< A8NJ =8E>J @J F= +I@<EK8C 8E; =I@:8E /KL;@<J 8E;
-??-: #-:?;@- @J NFIB@E> =FI DFI< C@B< @K F= >I8;L8K< JKL;@<J LI N@CC 9< ?<8;@E> 98:B JFFE KF :FD
38I@; 0<C<:FD 8E; @J K?@EB@E> F= >@M I<EKCP 8K 8D9I@;>< ?< ;F<JE K BEFN GC<K< ?<I ;@JJ<IK8K@FE FE <@K?<I GI<
@E> 8 #) 0 JFFE $< @J K8B@E> :8I< F= N?8K ;F 8=K<I ?< >I8;L8K<J 9LK FE< ;@:K89@C@KP F= :FIILGK@FE 8E; @KJ C@EB
K?< :FEKI8:KJ F= 38I@; 8E; @J <EAFP@E> K?@E> J =FI JLI< ?@J 8GG<K@K< =FI JKL; N@K? <:FEFD@: >IFNK? FI @E:I<8J<;
I<C@8E:< FE JF:@8C :8G@K8C @E JCLDJ U
J?< :8EEFK ;<:@;<

%-95?4 -?495 @J @E (8?FI< :FDG@C


Class notes
8E !:FEFD@:J ,? 8K /K8E=FI; 1E@
M<IJ@KP @E JLEEP 8C@=FIE@8 K?<P 9FK?
8I< 8E; @E AL>>C@E> K?< L>CP D8K?
:FE:<GK :FFB@E> 8E; :FE=@>LI@E> 8
;L98F=P ?<I =8K?<IYJ :FDG8EP EFN
+E K?< FK?<I ?8E; &50>- &-8119 @J
:LII<EKCP NFIB@E> @E #8CCLG ,8B@JK8E
8J 8E JJ@JK8EK )8E8><I /?< GC8EE<;
@E> K?< C8JJ *FK<J =FI ?<I 98K:? E<N NFIC; FI;<I =@E;J K@D< =FI I8E KF JK8P K?<I< K@CC /<GK<D9<I P<8I
N<CC JFD<FE< ?8; KF ;F JF N?@C< ;FD 8;M<EKLI<J @E 8C@ 8E; 9<PFE; :FDGC<K<; %DD<;@8K<CP 8=K<I K?8K
NFIB@E> 8J 8 JF=KN8I< <E>@E<<I 8E; 8 J?< N8J GC8EE@E> KF M@J@K ?<I =8D@CP @E
9LJ@E<JJ 8E8CPJK N@K? 8 JF=KN8I< &-9>11: &-66-0 @J :LII<EKCP NFIB@E> K?< 1/ *<OK P<8I J?< GC8EJ KF JK8IK
?FLJ< "@M< .@M<IJ 0<:? /?< @J GC8E 8J 8 .<C8K@FEJ?@G )8E8><I 8K @K@ ?<I )8JK<IJ @E !:FEFD@:J 8E; K?8K
E@E> KF 8GGCP 89IF8; =FI )8JK<IJ @E >IFLG /?< ?8J >FKK<E K?< "LC9I@>?K NFLC; *+0 9< =IFD (1)/ '-45>-
FDGLK<I 2@J@FE FI #I8G?@:J JFFE J:?FC8IJ?@G 8E; GC8EJ KF >F KF *51 %-F- @J J@KK@E> FE 8 :?8@I @E 8 :L9@:C<
3@J?@E> 8CC K?< 98K:? D8K<J >FF; K?@J =8CC KF ;F ) !:FEFD@:J &-:- FE K?< >IFLE; =CFFI F= 8E F==@:< @E 8
CL:B 8E; 8CC K?< D8II@<; <E>8><; A9-EA: @J :LII<EKCP NFIB@E> 8J 8 C8E; =8I =8I 8N8P (@M@E> @K LG @E (FJ
FE<J ?8GG@E<JJ @E K?<@I E<N C@M<J .<J<8I:? E8CPJK @E K?< ,C8EE@E> 8E; E><C<J FE 8 GIFA<:K N@K? 48MFI
%14-: -8-:5 @J :LII<EKCP AF9F=P@E> <M<CFGD<EK <G8IKD<EK F= K?< FIG 8E; "FO 8E; @J GC8EE@E> KF ;F
8K 8 D<;@8 :FDDLE@:8K@FE :FDG8EP #FM<IED<EK F= ,LEA89 /?< ?8J 9<<E )8JK<IJ @E /F=KN8I< !E>@E<<I@E>
N?<I< ?< @J D8B@E> ?@J K8I><K 8L;@ 8N8I;<; 8 FDDFEN<8CK? /:?FC8I JFD<K@D< JFFE CJF '-EE-. -B10
<E:< J@:B 9P D8B@E> K?<D N8K:? 8 J?@G 8E; N@CC 9< AF@E@E> K?< (FE;FE @J NFIB@E> 8K FE=@Q /FCLK@FEJ (8
(+0 +" 2!.0%/%*# +* (( /:?FFC F= !:FEFD@:J 8E; ,FC@K@:8C ?FI< 8J 8 ,IF;L:K )8E8><I =FI /@D
)! %1) $< I<:<EKCP 9I8E;<; 8 =@K /:@<E:< =FI 8 >I8;L8K< GIF>I8D @E GC@:8EK 8E; CFM@E> @K 3FN ?FN
E<JJ GIF>I8D 8K 0<E /GFIKJ N?@:? !:FEFD@:J 8J N<CC 8J ?8M@E> GC8EJ F= F=K<E ;F PFL ><K KF ?<8I K?8K
N8J G<I:<@M<; M<IP N<CC 9P K?< KI8M<C@E> 8:IFJJ !LIFG< N@K? =I@<E;J ';;.- &4-4 @J NFIB@E> 8J 8 -L8C@KP
:IFN; $< JFFE GC8EJ KF >@M< ?@J FM<I K?< E<OK P<8I &-:- -857 N@CC JJLI8E:< !O<:LK@M< 8K 38I@; 0<C<
#) 0 8E; K?<E 8GGCP 89IF8; =FI ?@J ?8M< >I8;L8K<; N@K? 8E ) @E /F:@8C :FD /?< @J 8CJF 8 =I<<C8E:< NI@K<I =FI
) @E )8IB<K@E> 8E; FDDLE@:8 EK?IFGFCF>P =IFD #FC;JD@K?J FC 0?< *8K@FE 8E; KIP@E> ?<I ?8E; 8K
K@FEJ &-4-> -49;;0 @J :LII<EKCP C<>< 1E@M F= (FE;FE /<GK<D9<I J?FIK JKFI@<J (?9-: ?9-58 @J 8K
C@M@E> @E ,I8>L< Q<:? .<GL9C@: 8E; 8E; N@CC GIF989CP <E; LG K<E;@E> #I8; /:?FFC @E FDGLK<I
NFIB@E> 8J 8 .<>@FE8C ,C8EE@E> E8 NFIB@E> @E 8 CFN G8@; 9LK ?@>?CP I< /:@<E:<J 8K 1E@M<IJ@KP F= 38K<ICFF
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;8IB J@;< 9LK JK@CC KI@<J KF ;F ?<I 9@K NFD<E ;FE K <8K :?@:B<E 8E; >I8;L8K@FE @E &LE< 0<EK8K@M<
=FI K?< <EM@IFED<EK 9P 8CN8PJ K8B@E> N?<K?<I K?< 58EFD8D@ G<FGC< 8I< GC8EJ N<I< KF AF@E *% 8EB @E L> 8J
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@JC8E; =8I =8I 8N8P J@GG@E> 8 =IL@KP KIP ><KK@E> I@; F= JK<I<FKPG<J =FI *-?119 4910 -857 3 ) @J
;I@EB N@K? 8E LD9I<CC8 @E @K T JE8G JK8IK<IJ NFIB@E> 8J 8 I<C8K@FEJ?@G D8E8><I 8K
98:B KF I<8C@KP D8II@<; KF C@ %E I@= $89@9 %EM<JKD<EKJ 8E; KIP@E> KF
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J?@=K@E> =F:LJ KF >I8G?@: ;<J@>E 8E; @J <EAFP@E> ?<I K@D< N@K? /?8=8H ;<>I<< @E GL9C@: GFC@:P =IFD K?< C@KKC<
D<;@8 8IKJ 8E; GC8EE@E> KF ;F ?<I /FFDIF 8E; 08?@I8 .8Q8 :LII<EKCP @E I<; ;FK BEFNE 8J /@E>8GFI< I<8;@E>
)8JK<IJ @E @K E<OK P<8I GFJJ@9CP =IFD <M<ICP $@CCJ /?< 8CJF GC8EJ KF ;F 9FFBJ C@B< 8E J@8EJ 0?@EB D<<K
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?8J N8JK<; 8 >FF; ELD9<I F= GFK<E &;;9>; ?8J 9<<E =FI:<; 9P EF J8;FIJ $< N@CC 9< DFM@E> KF
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8K (1)/ 8E; GC8EJ FE D8B@E> K?< K?< C8JJ *FK<J =FI ?<I 98K:? /?< @J 8EFK?<I )8JK<IJ @E ,L9C@: ,FC@:P
DFJK F= ?<I C@=< KF :FDG<EJ8K< =FI ?8GG@CP <E>8><; 8E; @J NFIB@E> 8J 8 GIF989CP @E %EK<IE8K@FE8C =@E8E:@8C
K?8K @DD<EJ< CFJJ FEK@EL@E> FLI &LE@FI )8E8><D<EK FEJLCK8EK 8K GFC@:P KF GIFM< KF K?< NFIC; K?8K
CFE> C@JK F= G<FGC< &-59- !-0119 48MFI FIGFI8K@FE J?< ?8J JL::<JJ GL9C@: GFC@:P @J EFK 8CC 89FLK *#+J
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Class notes
F= 8D9I@;>< C8JJ F=

8K 8D9I@;>< ,-5:-. &-110 @J


8E; ?8J
9<<E 8;D@KK<; @EKF K?< ,? GIF>I8D

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@:J =IFD K?< 1E@M<IJ@KP F= /FLK?<IE JK8P@E> K?<I< =FI 8 N?@C< "9->
8C@=FIE@8 C8JJ F= FECP D@E -95> &4-4F-0 8 B 8 88BK<I ?8; !-119 4-: K?< =<IF:@FLJ 9FNC<I
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J?< @J FECP 8 ,? :8E;@;8K< K@CC J?< DFJK 8CC :@K@<J C8E;@E> 98:B @E %JC8D 8 GIF=<JJ@FE8C J<IM@:<J :FEJLCK8EK =FI
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;FEYK NFIIP @= PFL ><K 8 @E K?< =@IJK G<FGC< ?8K@E> /, #F; % ?8K<; <E;J LG N@K? @K <M<IP DFEK?J
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GI8P CC8? 9C<JJ<J K?<D N@K? 8CC K?< K@FE @E K?< 1/ 8E; >FK D8II@<; 8 =<N &4-9?41> -501> K?@EBJ ?< @J K?<
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L:8K@FE ><K @EKF K?< KFG EFK:? LE@M<I BEFN N?P 8E; N8J ;@J:FM<I<; 8J 8
J@K@<J 8E; >I8;L8K< N@K? =CP@E> :FCFIJ ,? :8E;@;8K< @E 1E@M<IJ@KP F= &E10 ?-0 85 &4-4 @J 8JJF:@8K<;
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K?< M<IP 9<JK @E C@=< =FI N?8K<M<I 9<<E JG@<; LGFE 8E; I<GFIK<; 9P 85 -2>5 @J K?< GIFL; =8K?<I F= 8
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E; K?<I< N< ?8M< @K C8;@<J 8E; ><E ?@E8 8J I; /<:I<K8IP @E K?< ,8B@JK8E LG N@K? %EFM (K; C@B< ?@J =8K?<I
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8E; /?8=8H /<< PFL 8CC E<OK 98:B ;@;E K 8GG<8I @E K?< :C8JJ ;F@E> JFD< I<J<8I:? NFIB @E LJ
P<8ITJ8D< 98K:? J8D< GC8:< J8D< EFK<J % >L<JJ 9<:8LJ< F= #<ID8EP J KI8C@8 N?@:? @J K?< :FM<I LG =FI 8CC K?<
K@D< 8E; ?FG<=LCCP ;@==<I<EK :FDG@C CFJJ KF /G8@E @E !LIF %J @K A 8P8J?@ ?< ;F<J K?<I< '->5=
<IJ /F JK8P KLE<; 8E; B<<G @E 9-5>- !-B110 @J K?< J<E@FI K<8:?<I %-?4110 $A>1?45 K?@EBJ ?< N8J
KFL:? @E *1 !/ " /0 %JC8D898; 6-F 9FIE =FI :?<:B@E> FLK 8CC F= K?< 1/
74@-> @J JK@CC @E CFM< N@K? (1)/ JK8P C8E; JF ?< @J 8CC FM<I K?< GC8:< $< @J
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K?8K EF FE< BEFNJ N?8K ?< @J 8:KL8CCP
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EFK<J =FI K?< 98K:? @J EF <8JP K8JB %K EFN 8 GI<KKP J<E@FI >LP K?<I< >@IC 8E; ?FG<=LCCP JK@CC NFIBJ =FI D8
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A4-99-0 A:-50 -?495 @J K?<
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Class notes
DFJK F= LJ ?8M< J<KKC<; @E C@=< DFJK
F= LJ 8I< NFIB@E> @E N<CC I<GLK<; FI
>8E@Q8K@FEJ 8E; 8K 8 M<IP :?8CC<E>@E>
IFC< K?8KYJ EFK 8CC N< J8N D8EP <E
K?< LG;8K< @E :C8JJ EFK<J
>I8;L8K@FE A:-50 &4->52 AF@E<;
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0<:?CF>@O 8E; K?<E C8K<I ?< AF@E<;


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C8JK JGFKK<; @E 2@<EE8 8E; K?<E EF <K: JF @E J?FIK K?< D8AFI@KP @J EFN &LE8@; >FK <E>8><; 8E; N< 8I< CFFB
=LIK?<I E<NJ F= ?@D .<N8I; =FI N?F GLIJL@E> K?< 9<KK<I ?8C= F= C@=< %Y; C@B< @E> =FIN8I; KF 8KK<E;@E> ?@J N<;
<M<I =@E;J ?@D KF :FE>I8KLC8K< 8CC 98K:? D8K<J FE 8E ;@E> 3@J? PFL K?< M<IP 9<JK F= CL:B
FK?<I JL::<JJ=LC P<8I 8E; ?FG< 8E;
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"91> 8 B 8 K?< GFFI :C8JJEFK<J =<C K?8K N8J ?<8I; F= !-05- 8B5 N8J
CFN @J @E 0<:?E@:8C ,C8EE@E> 0<C<EFI .<GI<J<EK@E> DP 98K:? % NFLC; C@B< K?8K J?< >FK D8II@<; 8E; @J EFN N<CC
%JC8D898; N?<I< ?< @J 8CC 8CFE< KF KF K8B< K?@J FGGFIKLE@KP KF J<E; 8 =FI GC8:<; @E 1' 4A>>A9 149;;0
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DFM<; KF 0<C<EFI %0 @E %JC8D898; C8JK @E C@=< C8K<I PFLYCC 8CN8PJ :?<I@J? 8E; @E> =FI 8CC@8E:<J =FI 89FLK
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Class notes
?8GGP N@K? ?@J AF9 K@D@E>J F= 8D
GD 8J M<IP I8I< %0 :FDG8E@<J K?<J<
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8 9FP @E $@J E8D< @J )F?8D =@IJK <EKI<GI<E<LI F= FLI 98K:? N@K?
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K?<E K?< IFCC<I :F8JK<I ?8J 8CN8PJ 8E; CFM< =FI )@:IFJF=K K<:?EFCF>@<J N8I< !E>@E<<I :;;?4- -.5.
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8E; GC8EJ KF I<D8@E K?8K N8P =FI 8 K?< ?8E;9FFB ?8J =@E8CCP ;@J:FM<I<; N?<I< J?< ?8J AF@E<; (8BJFE 8J )8E
N?@C< $FN<M<I ?@J =I@<E;J 8I< GLJ? K?8K ?< @J ;FE< N@K? K?< )/ :FLIJ< 8><I %EJK@KLK@FE8C /8C<J ?52 %-F-
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K?<I< 8J 8 ,/! 8E; GC8EJ KF JK@:B N@K? JLDD<I FI 8 N@J<I FGK@FE NFLC; 9< ?59 85 &4-4 DFM<; KF %JC8D898;
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Class notes
><K I<G<K@K@M< JF ><K LJ<; KF @K U * .
0<I8;8K8 A>=-: F5F @J 8 C<:KLI<I 8K
*1 " /0 ,<J?8N8I N?<I< K?< JKL
;<EKJ I<=LJ< KF 8::<GK ?@D 8J K?<@I
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K<DJ (@D@K<; 8E; N?8K<M<I K@D< @J
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=FID LJ K?8K ?< J /0%(( 8 JFI< CFJ<I 8K .<EK 8 /8I98C8 8><E:P 8I< JK@CC JKIFE> ?<I J@JK<IJT 8E; K?< 9@> E<NJ @J K?8K
"@=8 E1?4- 2F-8 K?< J@C<EK 8J <M<I J?< ?8J =@E8CCP C<8IEK ;I@M@E> 5>F-
;8DJ<C @J @IFE@:8CCP NFIB@E> =FI 8 A4-99-0 +;A?-2 8 B 8 5FLJ@ @J
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)F9@C@EB 8J 8E %E=FID8K@FE /<:LI@KP 9< =FLE; @E (1)/ JG<:@=@:8CCP *!30 K@DLJ $< J 8CJF G<I=<:K@E> ?@J JKFIP
E8CPJK @E (8?FI< J@E:< GI@C (89 $< JL::<JJ=LCCP :C<8I<; K?< HL8C D8B@E> JB@CCJ K?<J< ;8PJ 8E; ?8J
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8E; ?< J JK@CC K<8:?@E> 8K " 8J 8 =LCC ,? GIF9C<D $< CC C<8M< =FI %E;@8 ;F 8JB ?@D 89FLK K?< )@CF FP JKFIP
K@D< =8:LCKP A?4>- :6A9 >FK @E JFFE FE 8 )@:IFJF=K @= PFL <M<I ><K K?<
JG@I<; 9P I $8IIP ,<IIFJ J 9FFB JGFEJFI<; I<J<8I:? :?8E:< KF D<<K
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8E; >I8EK @E KFLI@E> GC8:<J 8E; K8B K?< 8E8;@8E JLEJ<K EFN 98:B @E ?@J
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JKL;@<J KFF /?< GC8EJ KF I<KLIE 8E; =@8E:R )F?J@E /F CFFB@E> =FI 8 AF9
AF@E 8:8;<D@8 @E ,8B@JK8E 8J 8 GIF=<J ?8@C 8E; ?@J EF9C<
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4-: C@B< DFJK F= FLI 98K:? D8K<J F= /8L;@ I89@8 <DG?8J@J FE K?< E<LI@8C <==FIK F= )LH<<D /?<I@ @ <
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F4-> @J 9LJP @E ?@J FNE 9LJ@E<JJ ?< 9<:FD<J V !+W F= K?< :FDG8EP NFIB@E> 8J *<N 2<EKLI< /:I<<E<I =FI
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NFIB@E> FE !., @E 0<:?CF>@O ;< @= <M<I 8E; K?<E ILDFI ?8J @K K?8K ?< :@8K< *<KNFIB FEJLCK@E> !E>@E<<I
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N8J GC8EE@E> KF >F =FI 8E ) 9LK :FD< 8 J?<G?<I; 4-850 %149-: FEJLCK8EK 8K )8EK8H /PJK<DJ (8
8=K<I IF8D@E> ;@==<I<EK DF;LC<J @E @J NFIB@E> 8K U ?FC; PFLI 9I<8K? U 0<I ?FI< A4-99-0 A>-:3F1. 8 B 8
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;74->5 @J FE< F= K?< I8I< "LCC 8CC ?@J <==FIKJ =FI ;<=<E;@E> K?< GIF =FI #FM<IED<EK 9<:8LJ< 8;<C .8?8
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Class notes
*% +, @<
=LKLI<
>F@E> 89IF8; @E E<8I

A4-99-0 -4519 (88-4 ?8J K8B<E


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Class notes
K@E> 8CFE> J@;< /88;@8 KF J@E> JFE>J
FE N<;;@E>J &-=5. %-?450 @J EFN
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// 8=K<I D8JK<I@E> @E / @J EFN I@>FI ?@J I<HL@I<D<EKJ =FI )/ $@J J<IM@:<J /0%(( J@E>C< 8E; PFL ; JFFE J<< ?@J
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Class notes >52 A@@ V0NF JFEJ %9I8?@D 8E;
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Class notes
@J C@M@E> @E (FE;FE -?-: -B10 @J
:LII<EKCP @E '8I8:?@ NFIB@E> =FI 8 9IF
B<I8>< =@ID $< ?8J 8 ;8L>?K<I F=
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68@E 8E; /8@=
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9<:8D< K?< C8K<JK 8;;@K@FE KF 9I8@E
;I8@E ELD9<IJ @E ,8B@JK8E 8E; :8E
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JK@CC N@K? /K8E;8I; ?8IK<I<; 8EB ;8L>?K<IJ @E8 8EP8 8E; 8 JLG
"?-9- @J 8E 8JJF:@8K< C8N GIF=<JJFI N?@C< % 8D 9<@E> K?< GIFM<I9@8C GFIK@E> ?LJ98E; KF ?@J N@=< N?F @J
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EFN @E ?FD< I<EFM8K@FE 8E; PFL C<M<I8><; 9LPFLKJ @E ?@J FNE NFI;J @E $FLJKFE =FI K?I<< P<8IJ EFN
D8P :FEK8:K ?<I =FI 8;M@:< 99-> M<IP C@>?KCP <;@K<; VM<IP J@E>C< 8E; NFIB@E> =FI K?< !E<I>P 8E; %E=I8JKIL:
85 $A>1?45 @J NFIB@E> 8J 8 LJ@E<JJ <EAFP@E> C@=< @EMFCM<; N@K? 8 9LE:? F= KLI< ;M@JFIP >IFLG N@K? *
<M<CFGD<EK )8E8><I N@K? 8I9FE ,8B@JK8E I<C8K<; @E@K@8K@M<J GI@D8I@CP EFN . / .50 -8;/4 ?8J 8CJF
.<JFLI:< )8E8><D<EK % K?@EB ?< N@CC F= 8 JF:@F <:FEFD@: E8KLI< /K@CC 9<<E KI8:<; KF K?< 38J?@E>KFE
8I<8 N?<I< 8=K<I JFD< K@D< N@K?
/GI@EK @E K?< FIG "@E8E:< 8G@K8C
)8IB<KJ >IFLG ?< ?8J I<:<EKCP AF@E<;
8 JD8CC K<:? :FDG8EP :8CC<; *<LJK8I
Class notes
A.-5 50081 -?@

"9-> &-911 =J?8E 8E; K?<@I KNF


CFM<CP ;8L>?K<IJ ELJ?< 8E; )8?<
J<IM<; 8EFK?<I FE< P<8I 8J FDD<I
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?< ?8J 8 M<IP 8:K@M< P<8I FC; 9FP AF9J FM<I KF $/ C8JK P<8I @E K?<@I KLIE<; 8E; D< 8E; DP N@=< !ILD
"9-> &41574 @J 8CJF @E N?<I< #CF98C 8EB@E> >IFLG ,<I ?@J " GIF J?8CC 9< :<C<9I8K@E> FLI K? N<;
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P<8I FC; 3FD<EW *FN K?<I< @J 8E ?FE<JK FC;<I 5F>8 @J K?< DFJK @EK<I<JK
>LP &4;-> -??-: ?8J 8CJF @E> 8E; <O:@K@E> <M<EK @E DP C@=< 8K K?<
A?@>-85- 2>5/- -> -?@ &;A@4 JN@K:?<; AF9J ?< @J EFN N@K? 8 DFD<EK K?8K % 8D C<8IE@E> 8J N<CC 8J
91>5/- :@->/@5/- 1@/ "I<E:? 98EB *, @E L98@ 3?<E % K<8:?@E> MFCLEK8I@CP W
KI8:<; ?@D ?< N8J <EAFP@E> ,8I@J E; ->-F 4-: T / # @E=FIDJ LJ
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/P;E<P N?<I< ?< @J J<KKC<; N@K? N?<I< ?< @J /8C<J @I<:KFI 8K .<:B@KK N@K? KNF B@;J )88@I 8E; )8E8C
DE8 8E; K?<@I P<8I FC; JFE <E:B@J<I )@;;C< !8JK %E 8;;@K@FE KF 0?<P 8I< @E KI8EJ@K@FE DFM@E> =IFD
)LJK8=8 ;4::E N8J 8CJF C8JK ?<8I; ?@J KN@EJ /?8?89 8;;<; 8 989P >@IC (FE;FE KF K?< )@;;C< !8JK
=IFD I@J98E< LJKI8C@8 N?<I< ?< PC8 KF ?@J =8D@CP I<:<EKCP $< J?8I<J
C@M<J N@K? ?@J N@=< 8E; KNF JFEJ N@K? LJ 8E @EK<I<JK@E> JK8K<D<EK V"FI ->-/45
&F?EEP @J @E K?< =@E8E:@8C :FEJLCK8E:P KLE8K<CP ?@>?<I >I8;<J @E :C8JJ ;F
9LJ@E<JJ !-?5> 5-: @J KI<8JLI<I F= EFK E<:<JJ8I@CP KI8EJC8K< @EKF DFI< %E 8;;@K@FE KF ?<I FNE KNF JFEJ
@K@98EB @E 9<8LK@=LC 1>8E;8 N?<I< DFE<P @E I<8C C@=< W U % K?@EB ?<YJ @E K?< 8><J -@59- -501> ?8J
?< @J J<KKC<; @E '8DG8C8 =FI K?< C8JK DFE<P 8E; ;@;EYK ?8M< ?@>?<I 8;FGK<; :?@C;I<E @E J:?FFCJ
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:?@C;I<E '?8;@A8 8E; %9I8?@D E; 9<<E J<M<I8C P<8IJ N@K? /K8E;8I; ;FGK 8 /:?FFC GIF>I8DD< 8E;
N< 9<C@<M< E1?4- :?->5 8E; &41 ?8IK<I<; @E L98@ :LII<EKCP 8J @ N<C:FD<J JLGGFIK GC<8J< =@E; ?<I
4F-0 8@-2 KF><K?<I N@K? K?<@I KNF I<:KFI ,IFA<:K "@E8E:< 9>-: FE "8:<9FFB 85 -F5 @J JCF>>@E>
;8L>?K<IJ @D8E 8E; D8E@ 8I< EFN 4-A04>E AF@E<; * @E K?<@I "% 8I<8 8N8P @E ?@J KN<C=K? P<8I 8K @K@98EB
@E ::I8 #?8E8 /?<?Q8; NFIBJ =FI 8E; ?8; 8 ;8L>?K<I C8JK P<8I :?@C ?< J :LII<EKCP NFIB@E> @E K?< )8IB<K
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@J 8 D8IB<K@E> :FEJLCK8EK NFIB@E> N@K? 8E; ?8J K?I<< B@;J KNF C<8; 0?< ,I@E:<KFE .<M@<N 8E; ?8J
=IFD ?FD< 8E; FE " PFL :8E =@E; ;8L>?K<IJ 8E; 8 JFE EFK KF D<EK@FE 8;;<; 8EFK?<I =I8E:?@J< %EC@E>L8 @E
FLK 89FLK ?<I D8EP D8EP @EK<I<JKJ K?< CFM<CP N@=< )8I@8D (?9-: K?< C8JK P<8I +E ?<I " G8>< PFL :8E
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=FI K?< C8JK P<8IJ N@K? 8P<I FE >@E> 8N8P 8K $/ @E FIGFI8K< /:I89LCFLJ 3FI;0N@JK 0<OK0N@IC
JLD<I 8I< N@K? KNF B@;J )LJK8=8 8EB@E> &-66-0 134->5 ?8J 8CJF >FF; CL:B !-05> -2->1E D8E
8E; 9;LCC8? 3< ?<8I ?< JK@CC DFM<; KF L98@ I<:<EKCP 8CFE> N@K? 8><; KF =@K @E 8 :FLGC< F= DFEK?J @E
CFFBJ M<IP PFLE> !5?4-:@4- ?@J N@=< 8E; =FLI P<8I FC; ;8L>?K<I &FI;8E =FI JFD< @EK<EJ@M< I89@: C8E
?8J 9<<E CF:8K<; @E FCFD9F /I@ 8E; @J NFIB@E> N@K? 8 :FDG8EP >L8>< KI8@E@E> C8JK P<8I 8E; ?8J 8CJF
(8EB8 N?<I< ?< @J @I<:KFI )8IB<K@E> :8CC<; "FEK<II8 "@E8CCP -5?-8 JN@K:?<; AF9J KF )<<Q8E 8EB
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K?< :FLEKIP $< @J D8II@<; N@K? K?I<< 9C<JJ<; 8CC F= K?< :?8ID@E> I<J@;<EKJ ;I<E EFN +E *8;@IYJ " G8>< PFL
;8L>?K<IJ 8><; =IFD KF P<8IJ F= L98@ N@K? ?@J GI<J<E:< @E K?< N@CC =@E; JFD< I<8CCP ?<8MP JKL==
E; @= PFL <M<I M@J@K /?8E>?8@ D8B< J?@E@E> :@KP 9FFBJ I<C@>@FE HLFK8K@FEJ C-5?
JLI< PFL C<K !5:3 %;:3 BEFN @E 8; 5: !-?59 @J GI<J<EKCP 98J<; @E
M8E:< :?<:B K?< (1)/ CLDE@ ;@I<: !CJ<N?<I< @E K?< )@;;C< !8JK '8I8:?@ 8E; :FEK@EL<J KF GC8P 8 G@F
KFIP =FI :FEK8:K @E=F /?< ?8J (?9-: &57-:01> @J @E .@P8;? N@K? E<<I@E> IFC< @E ,8B@JK8E J 8>I@9LJ@E<JJ
DFM<; FE =IFD :FIGFI8K< C@=< 8E; @J FE< F= K?< @EK<IE8K@FE8C 98EBJ K?<I< J<:KFI =K<I C<8IE@E> 8CC 89FLK ;I@G
EFN <E>8><; @E LJ@E<JJ $. FE 8CPFE /" @E :FIGFI8K< =@E8E:< @II@>8K@FE =IFD ?@D N< <8><ICP 8N8@K
JLCK@E> FE K?< =8D@CP =IFEK *@E> @J ;A-0 ->>A74 @J 9<C@<M<; KF 9< JK@CC KF BEFN 89FLK ?@J E<OK =FI8P @EKF K?@J
D8II@<; EFN ?<I ?LJ98E; ILEJ ?@J @E 8?I8@E N?<I< ?< @J K?< :FLEKIP M@9I8EK J<:KFI -650 A:5> AF@E<;
FNE =8D@CP 9LJ@E<JJ D8E8><I N@K? $ ( '-A?112 - I<;@K /L@JJ< C8JK P<8I N@K? K?<@I
>;;=5 @E ?@J FNE NFI;J V?8J EFN <HL@KP I<J<8I:? 9LJ@E<JJ @E ,8B@JK8E
Class notes
$< 8E; /8I8 N<I< 9C<JJ<; N@K? 8
989P 9FP @E K?< C8JK P<8I &45>5: @J
:LII<EKCP ;<MFK<; =LCC K@D< KF ?<I ?LJ
98E; 8E; KF ?<I JFE 8E; @J :FEK<D
PFLE><JK @J DFEK?J FC;
K<8:?@E>
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@E> LG B@;J /?< @J 8CJF DFM@E> KF
>@FE8C FIGFI8K< $<8; 8K 1 ( @E ?<I
FNE NFI;J V/K@CC J@E>C< 9LK ?8GG@CP
:FDD@KK<; FEJK8EKCP 8E; G8JJ@FE
8K<CP GLIJL@E> DP G8JJ@FE @ < KI8M<C
GC8K@E> N?8K <CJ< J?< :8E ;F )8P9< ?<I FNE GC8:< @E <=<E:< JFFE @E>W /?< ?8J 8E <EK<IK8@ED<EK =@CC<;
J?< CC <EK<I K?< J:?FFC 9LJ@E<JJ A9- -B10 @J K?< (8?FI< K<8D " GIF=@C< N?@:? 8CJF K<CCJ LJ K?8K J?<
-.5. -501> ?8J I<D8@E<; CFP8C KF D<D9<I F= K?< )8LJLDD<IP (8NE :LII<EKCP E<<;J KI8M<C K@GJ FE <@A@E>
/?<CC 8E; @J @E ?@J KN<C=K? P<8I K?<I< JL::<JJ JKFIP > ->-4 :FEK@EL<J KF
CFFB@E> 8=K<I )8IB<K@E> /8C<J 9L@C; LG .FLK< N@K? M8I@FLJ @D ?8-9-.-0 %-C-8<5:05 #1
$89@9 ?8J KNF JFEJ EFN .8P8E 8E; GFIK<; ?<8CK?:8I< 9I8E;J @E K?@J ?4-C->
K?< E<N 8II@M8C C@P8E E1?4- D<;@LD J@Q<; 9LJ@E<JJ @E K?< G?8I
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'8I8:?@ N@K? K?<@I KNF CFM<CP B@;J I "8I8? J8PJ K?< :FEJLD<I I<JGFEJ< @J 8K ) 8J /2, .<>@FE8C $<8; FI
%9I8?@D 8E; ?D<; =K<I K?< @J M<IP <E:FLI8>@E> +E< F= ?<I GFI8K< 8EB@E> *FIK? G8IK =IFD
JL::<JJ=LC C8LE:? F= +CG<IJ D@CB ;8L>?K<IJ @J @E LE@M<IJ@KP @E 8E8;8 NFIB J?< @J 8CJF ILEE@E> 8 J<:FE;
)8EJFFI @J NFIB@E> FE ?@J E<OK GIFA K?< J<:FE; FE< FE ?<I N8P KF LE@M<I J?@=K 8K ?FD< N@K? ?L99P 8E; KNF
<:K 8K !E>IF P<J?8 KF><K?<I N@K? J@KP E<OK /<GK<D9<I 3< ?<8I B@;J 8IPLJ 8E; L88 /?<
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@FE =I<EQP ;I8G@E> 8CC NFD8E F= ,8B 8CCP JL::<JJ=LC 8K *<JKC< N?<I< ?< 8E; N8J GI<KKP <O:@K<; 89FLK >F@E>
@JK8E N@K? =89LCFLJ GI@EKJ 8E; 98KKC@E> ?<8;J K?<@I )<;@8 LE@K $< @J 8CJF <O KF <@A@E> KF N8K:? K?< FG<E@E> F= K?<
@K FLK N@K? K?< :FLEK<I=<@KJ G<:K@E> 8 J<:FE; 8;;@K@FE KF K?< =8D +CPDG@:J @52 -?-: ?8J JKL:B @K
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<>1:1A>? I<:KFI /@>EJ /FLI:< (@D@K<; K?< )F9@C@EB N?<I< J?< @J K?< @I<:KFI
C8I><JK FLK F= ?FD< D<;@8 JFCLK@FE )8IB<K@E> 3< ?<8I J?< KI8M<CJ
:-9 A> %149-: @J ILEE@E> ?@J FNE GIFM@;<I @E K?< :FLEKIP 8E; K?< FECP 8IFLE; K?< >CF9< =I<HL<EKCP 8E; @J
:FEJLCK8E:P 8E; KI8@E@E> :FDG8EP GL9C@: C@D@K<; :FDG8EP @E ,8B@JK8EYJ :LII<EKCP @E %K8CP /?< ?8J 8 CFM<CP
8E; @J 8CJF K<8:?@E> 8K (1)/ $< I< 8;M<IK@J@E> J<:KFI 95> &-8119 P<8I FC; JFE U .88D@Q =K<I 1D8I
D8IBJ V <@E> DP FNE 9FJJ D<8EJ <8ICP <EKI<GI<E<LI @J DFM@E> ?@J :FD '@K:?C<N J ;<J<IK@FE F= .8N8CG@E;@
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8CJF ;F@E> :FEJLCK8E:P N@K? CFKJ F= JK8KLJ @J V)8II@<;W =FI K?FJ< @EK<I E; @E ,<J?8N8I T N< ?8M< K?< FE<
NFIB @E K?< ;<M<CFGD<EK J<:KFI ?@J <JK<; -95> 96-0 /2, $<8; 8E; FECP &41>.-F & -: ++ F=
NFIB K8B<J ?@D KF <OFK@: CF:8K@FEJ F= FDD<I:@8C 8EB@E> (8?FI< $ ( ,<GJ@ =I8E:?@J< =FI K?< *3", 8CFE>
8:IFJJ K?< :FLEKIP 4A>>-9 4-: @J :LII<EKCP M@J@K@E> /B8I;L KF ;F N@K? ?@J KNF :?@C;I<E )8Q;8B 8E;
=8K?<I F= P<8I FC; ;8L>?K<I C<< JFD< C8E;J:8G< G?FKF>I8G?P "IFD '8J?D8C8
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?FI< N?<I< ?< @J @I<:KFI ,IFA<:KJ )@CCJ 8J #<E<I8C )8E8><I )8IB<K@E>
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:?8I@KP ?FJG@K8C E<8I )8I;8E ,C<8J< 8E; JFD< @EK<I<JK@E> 8LJ<J 8J N<CC
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K?@J NFE;<I=LC <E;<8MFI PFL :8E @J D8II@<; KF "8K@D8 8E; K?<P ALJK :<C V9IF8;98E;W N8J @E K?< JLDD<I F=
=@E; ?<I FE =8:<9FFB &-59- %-:- <9I8K<; ?@J ;8L>?K<I $8DE8YJ I; N?<E 8 D8B< J?@=K IF:B KIFLG<
@J K<8:?@E> )8IB<K@E> 8K *1 8E; 8K 9@IK?;8P $< NFIBJ N@K? ?@J =8K?<I @E :C<8I<; @KJ N8P KF K?< :<EK<I JK8><
,8B@JK8E /:?FFC F= "8J?@FE <J@>E K?<@I =F8D 9LJ@E<JJ -->5- %149-: 8K FE< F= FLI =8I<N<CC G8IK@<J 8E;
8E; CFFB@E> 8=K<I ?<I 9FPJ EFN 9C8Q@E> 8 KI8@C F= JL::<JJ 8J .<
@EKIF;L:<; @KJ<C= ?<CCF <M<IPFE< N<
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/?8?89 ?8; ;FE< 8 KI<D<E;FLJ AF9
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Class notes
?FI< @J 8EFK?<I 9I@>?K <EKI<GI<E<LI
D8E8>@E> KNF 9LJ@E<JJ<J J@DLCK8E<
FLJCP 8 0<C<EFI =I8E:?@J< 8E; 8 02
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8J 8 @I<:KFI 8K E@G8:B ,8:B8>@E> %E
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8 B@; DFM<; KF L98@ >FK 8 9<KK<I GFGLC8I 9<C@<= C $8E@ ?8J EFK 8G J@M< 8E; @EK<CC@><EK M@<NGF@EKJ FE
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W 0F 9< <O8:K ?D<; ?8J ;<M@8K<; 8Q@E< 8K C<8JK EFK P<K 95>- ->;;: :LCKLI< 8E; <M<IPK?@E> @E 9<KN<<E
=IFD K?< J:I@GK KF HL@K< 8E <OK<EK 8J G<I C8JK P<8IYJ :C8JJ EFK<J @J J<KKC<; 5FL :8E M@<N @K 8K ?KKG ?FND8EP
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/FCLK@FEJW J<M<E P<8IJ 8>F 8E; @J JK@CC ) /FIIP D@I8 @= K?@J @E=F @J FLK 9@C@EB ->-F 4-850 K?8KYJ D< @J
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N<CC ?D<; @J D8II@<; KF &;.5- N@K? DPJ<C= :I<8K<; ?@JKFIP 9P @E:FI =IFD K?< NFE;<I=LC JK8K< F= F9C@M@FE
-==5 N?F @J 8CJF =IFD ) F== GFI8K@E> JK8K@JK@:8C I<>I<JJ@FE 8E; K?8K @KYJ 8 GI<KKP ;<:<EK GC8:< KF 9<
:FLIJ< 8E; N?F @J EFN 8CJF @E :FEAF@EK 8E8CPJ@J DF;<CJ @E N?8K N8J @E =FI 8 N?@C< "FI K?< LE@E@K@8K<;
MFCM<; N@K? K?@J <EKI<GI<E<LI@8C M<E JLGGFJ<; KF 9< 8E %JC8D@: !K?@:J 8E; 8EO@FLJ ?< @J :LII<EKCP ?<8;@E>
KLI< ;<M<CFG@E> V9LJ@E<JJ GIF:<JJ G8G<I 8E; JK@CC >FK 8N8P N@K? , @J :I<;@K GFC@:P =FI LEJ<:LI<; C<E;@E>
8LKFD8K@FE JF=KN8I<W =FI 9LJ@E<JJ<J EFN C@M@E> @E /8L;@ I89@8 N@K? FE< 8E; :I<;@K :8I;J 9LJ@E<JJ<J 8K /K8E
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9<I @J @E:I<8J@E> 8J N< JG<8B NFIB@E> N@K? LGFC8 I<JGFEJ@9C< =FI (8?FI< A:-?1:3->-: ?8J KNF
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<KP F= 9LJ@E<JJ<J N?@C< C@M@E> @E (8 B@;J 8E; C@M<J @E (8?FI< N?<I< ?< E8D< :FII<:KCP 8E; ALJK J8P@E> #LE8
?FI< ?D<; @J D8II@<; 8E; ?8J =FLI GC8PJ CFKJ F= >FC= ;F<JEYK ?<CG <@K?<I 8J @K D<8EJ JFD<
B@;J 4910 !-C-F '->5= K?< D8E K?@E> <CJ< @E 1I;L 8E; KNF EF FE<
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89@C@KP KF D<I>< GJP:?FCF>P G?@CFJF JFLI:<J @J NFIB@E> N@K? <CC 8E8;8 ;F<J #LE8 @= PFL ><K 8 :FGP F= K?@J
G?P 8E; KI@>FEFD<KIP @E 8 J@E>C< , @E 0FIFEKF 8J JJF:@8K< @I<:KFI $< D8>8Q@E< GC<8J< ><K @E KFL:? 8J N<
?8J 9<<E D@JJ@E> =IFD K?< J:<E< =FI ?8J K?I<< B@;J % I<D<D9<I FE< F= 8CC D@JJ PFL -6>- A@@-> 8CJF D@JJ
8 M<IP CFE> K@D< CK?FL>? % 8D HL@K< Q@DYJ ,J N?@:? JK8IK<; N@K? 8E 8I @E> =IFD K?< J:<E< 8J G<I C8JK 8:
JLI< 8E; % ;FEYK BEFN N?P K?8K ?< >LD<EK 89FLK >FF; >FM<IE8E:<T :FLEKJ @J D8II@<; 8E; C@M<J @E 8E8;8
NFLC; ?8M< AF@E<; 8 GI<JJLI< >IFLG 8E; N?@:? JK@CC ?8JEYK =@E@J?<; P<K
JFD<N?<I< @E !LIFG< @E K?< HL<JK KF .0A? &-9-0 ;>-E- @J NFIB@E> -?4-9 ?4>-2 JFD<?FN BE<N <O
>@M< ,CLKF 98:B @KJ I@>?K KF 9< :8CC<; 8 N@K? ,I<JJFE <J:FE @E (8?FI< 8J 8:KCP N?<E % N8J >F@E> KF =@E8CCP JK8IK
GC8E<K 4?-: &41574 N?FJ< E@?8I@ $<8; F= LJ@E<JJ <M<CFGD<EK $< NFIB@E> FE K?<J< :C8JJ EFK<J @ <
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Class notes
<D8@C ?< 8GKCP <OGC8@E<; V0IP@E> KF
=@>LI< FLK N?8K J?FLC; >F @EKF K?<
:C8JJ EFK<J 89FLK DPJ<C= @J EFK JF
<8JPW $8J?8D @J JK@CC C@M@E> @E 1' @J
N<CC !-A>11: 7.-> 8J G<I C8JK 8:
:FLEKJ N?@:? :FLC; 9< HL@K< FLK
;8K<; @J C@M@E> @E 1' NFIB@E> N@K?
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8EB #CF98C FIGFI8K<J @E (8?FI<
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D8II@<; 8E; @J NFIB@E> =FI 8 JF=K AF9 8K +C<M<I 3PD8E &4-2-= -B10
N8I< :FDG8EP JG<:@8C@Q@E> @E I<K8@C "9-> 4119- @J JK@CC N@K? !I@:JJFE 0, ?8J I<:<EKCP J@>E<; LG N@K? %#%
GIF;L:K C@=< :P:C< D8E8><D<EK CFFB@E> 8=K<I D8IB<K@E> 8E; JKI8K<>P =@E8E:@8C J<IM@:<J 8J #IFLG $. ?<8;
>2-: 4910 4-: @J K?< $<8; F= %E @E ,8B@JK8E $< @J 98J<; @E %JC8D898; /?< @J D8II@<; C@M<J @E '8I8:?@ 8E;
M<JKD<EK 8EB@E> #IFLG 8K "8@J8C @J D8II@<; 8E; ?8J KNF B@;J *FK ?8J KNF B@;J &4-4-. ?4>-2 @J K?<
8EB $< @J D8II@<; 8E; ?8J 8 JFE DL:? @J BEFNE F= "9-> '->11: <O #<E<I8C )8E8><I 8K /KI8K<>@: /PJK<DJ
<@E> E<@>?9FIJ @E '8I8:?@ %I=8E 8E; :<GK K?8K ?< C<=K )@:IFJF=K KF AF@E %EK<IE8K@FE8C @E (8?FI< $< @J D8II@<;
% =I<HL<EKCP D<<K FE:< @E J@O DFEK?J / ) =@E8E:@8C >IFLG @E K?< 8I<8 F= 8E; ?8J KNF ;8L>?K<IJ
KF ;@J:LJJ N<8K?<I :?8E><J %I=8E @J :FIGFI8K< =@E8E:< 8E; @EM<JKD<EK
8CJF 8 ;I@M@E> =8:KFI 9<?@E; 8CLDE@ 98EB@E> $-F5 5.>-: NFIBJ N@K? J =8I 8J K?<J< :C8JJ EFK<J 8I< :FE
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NFIB@E> N@K? @K@98EB L98@ :LI %-.5E- 85 #-:1F-5 @J C@M@E> @E %I< :@8C JGFB<JG<IJFE F= K?< L98@ 9L
I<EKCP FE 8 J@O DFEK?J 8JJ@>ED<EK @E C8E; @J D8II@<; 8E; ?8J KNF B@;J > ?89@ :IFN; 8J ?< ?<CG<; D< :FD
*<N 5FIB 8E; KC8EK8 %= C<><E;J 8I< %5FC-: I<:<EKCP DFM<; KF !>PGK 8J G@C< K?< @E=F F= 8CC K?< G<FGC< 8E;
KF 9< 9<C@<M<; ?@J 8JJ@>ED<EK <EK8@CJ #IFLG I8E; )8E8><I *LKI@K@FE @ K?<@I 9IFK?<IJ J@JK<IJ 8E; 8LEKJ @E
:F8:?@E> K?< *<N 5FIB<IJ ?FN KF M@J@FE =FI *<JKC< *FIK? !8JK =I@:8E L98@ /?8?Q8; C@M<J N@K? ?@J N@=<
GC8P MFCC<P 98CC :FII<:KCP -958 .<>@FE $< ?8J KNF B@;J &--0 8E; KNF B@;J @E L98@ 8E; 8J ?< @D
-9?410 ?8J I<:<EKCP DFM<; KF !D@ 4-: NFIBJ N@K? )F9@C@EB 8J /<E@FI D<;@8K<CP GF@EKJ FLK @J EFK @E ,IFG
I8K<J %JC8D@: 8EB @E L98@ $< @J D8I )8E8><I /8C<J ,C8EE@E> $< @J 98J<; <IKP LJ@E<JJ $< NFIBJ =FI 8I:C8PJ
I@<; 8E; ?8J 8 ;8L>?K<I @E (8?FI< @J D8II@<; 8E; ?8J FE< 8EB @E FIGFI8K< 8EB@E> &;4-58
JFE 8E; 8 C@KKC< ;8L>?K<I N?F N8J 5>F- ?8J AF@E<; *8K@FE8C FDD<I
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'8I8:?@ @J :FDGC<K<CP FLK F= KFL:? K?8K J?< D8B<J @K KF K?< :C8JJ EFK<J 8=K<I JG<E;@E> 8 P<8I @E 8I:C8PJ
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GIF:<JJ F= G<I=<:K@E> ?@J J@>E8KLI<J 8EB@E> /?< @J D8II@<; 8E; 98J<; @E J@FE /F?8@C @J D8II@<; 8E; ?8J KNF
=FI K?< =LKLI< :LII<E:P EFK<J )8E 9L ?89@ B@;J &E10 ..-? %-F- A74->5
JFFI ?8J 8 ;8L>?K<I ;4-99-0 "FCB@< @J JK@CC NFIB@E> @E K?< J8D<
7.-> ;34-8 @J ?<8;@E> < 8EB@E> &-89-: -:5?4 ?8J C<=K ,<GJ@ F KF :FDG8EP K?8K ?< AF@E<; P<8IJ 8>F
N?@:? @J 8 =FID F= 98EB@E> ;<J@>E<; JK8IK 8E V<EKI<GI<E<LI@8C M<EKLI<W 5FL D8P :8CC @K VFC; J:?FFCW 9LK "FCB@<
=FI G<FGC< N@K? CFKJ F= DFE<P 8E; EF :8CC<; )<;@8CF>@: *FN 9<=FI< PFL @J <EAFP@E> ?@J :LII<EK IFC< K?8K F= 8
;<J@I< KF K8CB KF 8:KL8C ?LD8E 9<@E>J ><K :FE=LJ<; GC<8J< EFK< K?8K K?@J @J .<>@FE8C "+ =FI !8JK<IE )<; !L
8K KC8J 8EB B98I C@M<J @E '8I8:?@ K?< J8D< )<;@8(F>@: N?@:? ?J8E IFG< 8K )8<IJB (F>@JK@:J $< @J D8I
8E; >FK <E>8><; I<:<EKCP ;4-9 /?<@B? 8CJF 9FFJKJ 89FLK 8J ?@J FNE I@<; 8E; C@M<J @E %K8CP N?<I< #L@EE<JJ
9-0 -F59 A6@-.- @J NFIB@E> 8J V<EKI<GI<E<LI@8C M<EKLI<W FK? 8I< FFB =FCBJ 8I< B<<G@E> 8 :CFJ< N8K:?
@I<:KFI )8IB<K@E> =FI K?< 9IF8; 9LJ@E<JJ G8IKE<IJ @E K?@J GIFA<:K FE< 8K ?@J VK@D< JG<EK @E 8 J@E>C< FI>8E@Q8
98E; 9LJ@E<JJ LE@K 8K )F9@C@EB E; CFFB@E> 8=K<I K?< XD<;@8Y N?@C< K?< K@FEW =<8K
EF K?@J 9IF8;98E; @J EFK 8EP IF:B XE FK?<I @J K8B@E> :8I< F= K?< XCF>@:Y
IFCC 98E; K C<8JK K?@J @J N?8K '8Q@D /8CD8E @J D8II@<; 8E; ?8J 8 B@; &E10 ;: 1405 :8E 9< =FLE; G8I
NFLC; ?8M< PFL 9<C@<M< ;4-9 &-89-: 96-0 @J BEFNE N@K? K?< KP@E> 8CC E@>?K CFE> FE <: @E KIL<
9-0 %5FC-: @J D8E8>@E> ?@J FNE K@KC< V @I<:KFI 0I<8JLIP 8E; 8G@K8C JG@I@K 8E; =<IMFI $< ?8; KN@EJ C8JK
K<OK@C< JFLI:@E> 9LJ@E<JJ @E 8 N8P )8IB<KJW 8K )8J?I<H 8EB L98@ $< P<8I FE <: 8 989P 9FP 8E; 8
FECP ?< :8E D8E8>< 8CG?8 DLCK@GC@<; @J D8II@<; 8E; ?8J 8 B@; &-89-: ?4 >@IC FE 8CJF I<GFIKJ <EK?LJ@8JK@:8CCP
9P N<@>?K<; 8M<I8>< :FJK F= :8G@K8C @5-= @J NFIB@E> N@K? 9L ?89@ #8J V% 8D JK@CC K?< J8D<W $< NFIBJ N@K?
D@ELJ K?< C<=KFM<I G@< @J K?< <O8:K %E;LJKI@<J 0?< E<NJ =IFD ?@J J@;< @J ,0 ( 0?< N?<I<89FLKJ F= &E10
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4-C-6- @J D8E8>@E> 0ILJ0<O !EK<I 8E; ILJ?<; LG C@=< F= L98@ $< ?8J LG K?< NFIC; F= 8:8;<D@8 8J 8 =LCC
GI@J<J ?@J K<OK@C< JFLI:@E> 9LJ@E<JJ @E KNF B@;J &-9-: 58-:5 @J NFIB@E> 8J K@D< I<JFIK 8E; @J 8 =8:LCKP D<D9<I
(8?FI< $< @J D8II@<; 8E; ?8J 8 JFE 8 @I<:KFI @E +I@>@E8K@FE C@<EK FM F= JFD< LE@M<IJ@KP JFD<N?<I< @E
*8LD8E @J 8E 8M@; G?FKF>I8G?<I 8J <I8>< ?<8;@E> /K8E;8I; ?8IK<I<; ,8B@JK8E &E10 ,11?4-: &4-9? @J
N@K? , # 8E8;8 8E; K?8KYJ 8CC %
BEFN 89FLK ?@D I@>?K EFN '->5=
%-F5 @J ?<8;@E> LEJ<:LI<; =@E8E:@E>
8K L98@ %JC8D@: 8EB C@M@E> @E L98@
Class notes
?8J 8 JFE

%E K?< <E; 8E; 9<=FI< 8EPFE< GF@EKJ


@K FLK C<K D< :FE=<JJ K?8K % ?8M<
<M<EKL8CCP I<C8K<; KF 0<C<:FD FI
D8P9< FLKJ@;< K?@J ;FD8@E 0?< FECP
=FI<J<<89C< GIF9C<D @J 8 ;8P ?8J
FECP ?FLIJ (@=< FK?<IN@J< @J M<IP
B@;J ?FLJ<J N@=< 08I@H D@JJ<; JFD< G<FGC< % NFLC; ?8M< >FF; #F@E> 98:B ?FD< @J FE< F= K?<
:8IJ 8E; @D8>@E8IP ;F>JT K?@J :FD C@B<; KF :FDG<EJ8K< =FI @K 9P 8;;@E> ?8GG@<JK DFD<EKJ F= ?@J ;8@CP IFL
GC<K<J K?< <HL8K@FE F= 8 KIL< 9I8E; JFD< FK?<I G<FGC< 9LK 8GG8I<EKCP K@E< 0?< K@D< JG<EK N@K? K?< N@=< 8E;
8D98JJ8;FI =FI L98@ 0. ) K?< NFIC; ;F<JEYK NFIB K?8K N8P ;8L>?K<I 8K ?FD< @J GLI< HL8C@KP C
8E; /?<IIP ) D8B< FE< F= 3?F<M<I % ?8M< D@JJ<; % NFLC; C@B< @Q<? F::LG@<J DFJK F= ?@J K@D< 8E;
K?< DFJK ?FJG@K89C< 8E; =LE :FLGC< KF F==<I J@E:<I< 8GFCF>@<J =FI EFK J?< 8CDFJK ;8@CP 8D8Q<J ?@D N@K?
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9L==8CF<J EFNTW 06YJ 8EFK?<I 9L==8CF<JW 08B< :8I< <M<IPFE< DFJK P<8IJ C@ LKK NFLC; C@B< KF
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:FCC<:K@FE F= AFB<J @E:CL;@E> K?< FE< *<JKC< J@K =FI K?<@I + C<M<C <O8DJ C@
K?8K LJ<J ;@==<I<EK K<ID@EFCF>@<J LKK N@CC 9< AF@E@E> #@M8L;8E K?< =C8
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Class notes
.<GFIK@E> 8E; E8CPK@:J =LE:K@FE (<J
JFEJ @E / ) 8E; -) :8D< @E ?8E;P
=FI K?@J 8JJ@>ED<EK LK EF C<JJFE
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?8GG@CP D8II@<; KF =<CCFN (LD@E@K< .8
9@P8 8E; ?8J 8 ;8L>?K<I 6F?8 8E;
JFE 5LJ?8 -?-: %-F-7 ALDG<;
J?@GJ 8E; AF@E<; ,<GJ@ FC8 %EK<IE8
KNF 9<8LK@=LC :?@C;I<E ?< I<:<EKCP
9<:8D< K?< GIFL; =8K?<I KF 8 VKFL>?
CFFB@E>W JFE 8E; 8CI<8;P <EAFP@E> ?@J
K@D< 8K ?FD< N@K? ?@J CFM<CP ;8L>?K<I
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?<I DL:? <C;<I 9IFK?<IJ 8E; ;8; 8><J 6-F (8 -= @J NFIB@E> N@K? KF 8 ;<:<EK GFJK 8K 8 0<C:F @E /I@
/<<DJ C@B< 8EFK?<I C@P8 (F;?@ F= K?< %EK<I /K8K< #8J /PJK<D %JC8D898; $@J (8EB8 ?< NFIBJ 8J 8 /<E@FI ,IF;L:K
=LKLI< $<?<?<?<?<?<?< :FDG8EP @J KIP@E> KF <JK89C@J? >8J @D )8E8><I @E )8IB<K@E> J PFL BEFN
GFIK GIFA<:KJ KF =@CC K?< ;<D8E; JLG K?< ;8P KF ;8P C@=< @E /I@ (8EB8 @J ><K
-?5@ 95: @J NFIB@E> @E 0<C<EFI ,8B GCP >8G F= E8KLI8C >8J @E ,8B@JK8E +E K@E> 8 C@KKC< DFI< ;@==@:LCK K?8E @K N8J
@JK8E (K; @E %JC8D898; =FI K?< /LGGCP G<IJFE8C J@;< ?@J JFE C@ @J P<8IJ 0?@J D<8EJ GIF989CP 8 J?@=K @E 8;
8E; FEKI8:KJ )8E8><D<EK F= % 0 %E FC; EFN 8E; B<<GJ ?@D 8E; ?@J N@=< ;I<JJ @J @E K?< :8I;J
=FID8K@FE FDDLE@:8K@FEJ 8E; 0<:? 9LJP 8CC K?< K@D<
EFCF>P GIF;L:KJ 8E; J<IM@:<J @E -650 58-:5 @J JK@CC <DGCFP<; N@K?
8;;@K@FE KF D8E8>@E> M8I@FLJ D@J:<C 4A>>-9 A@@ @J JK@CC C@M@E> ?@J J8D< % 0 FDG8EP !E ,F@EK< J@E:<
C8E<FLJ JLGGCP GFIK=FC@FJ 3?<E ?< #IFLE;?F> 8P @E /8L;@ I89@8 @E C8JK P<8IJ 8E; @J C@M@E> DFJKCP @E %J
@J EFK NFIB@E> ?< @J <@K?<I 8K ?FD< K?< J8D< AF9 9LK 8K P<8IJ 8E; C8D898; 8E; G8IK@8CCP @E (FJ E><C<J
GC8P@E> N@K? ?@J B@;J +IM8 8E; DFEK?J K<ELI< @J =8JK 8GGIF8:?@E> N@K? N@=< $@EE8 8E; DFEK? FC;
8J8I8 FI :FDGC<K@E> ?@J G8JJ@FE F= ?@J :8I<<I 9<JK F= PIJ 8E; K?< ;8L>?K<I '8I@D8 ;-FF-9 C<=K
KI8M<C@E> ?@B@E> 98:BG8:B@E> :LIJ< F= K?< .FCC@E> /KFE< D8P I< !E>IF 8=K<I P<8IJ 8E; @J EFN NFIB
KI<BB@E> 8EPN?<I< N@K?@E K?< :FLEKIP M@J@K ?@D JFFE *88? EF F==<IJ P<K @E> N@K? ) ,8B@JK8E 8J J8C<J D8E8><I
FI FLKJ@;< $@J E<OK 98:BG8:B KI8M<C /8D< N@=< J8D< B@;J /LG<I JK@:BP 0I8==@: /8=<KP /PJK<D GFJ@K@FE<; @E (8
GC8E @J KF M@J@K D8QFE I8Q@C ,<IL FI :LIJ< F= K?< )8J?I@HL@ CFP8C ?LJ98E; ?FI< !-B11: 4-: @J JK@CC @E 'F9<
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AFPJ KI8M<CC@E> FE 9LJ<J JC<<G@E> FE J?FNJ K?8K ?< J JK@CC 9<8K@E> K?< 8M<I *<JKC< K?<I< @J EFN K?< GIFL;
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:L@KJ ;I@EB@E> N8K<I ;LI@E> KI8M<CJ =IFD G<<I@E> 8K K?< G<<I >IFLG /?< @J 8 =LCC K@D< DFD 8E; ?FLJ<N@=<
GC<8J< :FEK8:K ?@D -:-E-8 -857 +? 8E; K?<I< 8I< :?8E><J KFF FCC8I 8E; <EAFP@E> <M<IP D@ELK< F= @K =FI
@J JK@CC @E K?< J8D< FC; >8ID<EK D8EL J@Q< ?8J >FE< KF ?< 8E; JL@KJ K?< K@D< 9<@E> 0?FL>? @K JFLE;J
=8:KLI@E> 8E; <OGFIK 9LJ@E<JJ FK 9FL>?K FECP C8JK P<8I 8I< 9<>@EE@E> :FEM<EK@FE8C @K @J 8 =89LCFLJ C@=< J?<
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J<8I:? =@ID 8CFE> N@K? 8 :FLGC< F= N@=<P =FI:<J ?@D KF AF@E ?<I =FI 8 D8E8><I $< @J JK@CC I<JGFEJ@9C< =FI
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=@E< 0?@J P<8I ?< =FID<; P<K 8EFK?<I JG<<; <O:<GK N?<E 8 D<D9<I F= 9<@E> DFEK?J FC; $< @J JK@CC JKIL>
K<8D F= (LD@E@K<J =IFD ;@==<I<EK K?< G<<I >IFLG N?@QQ<J G8JK , 8E; >C@E> N@K? CFFJ@E> N<@>?K 9LK FE K?<
:C8JJ<J 8E; K?< GIFA<:K @J 8 K<OK@C< :?FC<JK<IFC 8I< =@E8CCP ;FNE KF N?FC< ?8M@E> =LE NFIB@E> 8E; I8@J
9LP@E> ?FLJ< 9P K?< E8D< F= /F=K N@K?@E EFID8C I8E><J FK? *8LJ?<I @E> K?< B@;J N@K? ?@J N@=<
NFF; K?< @;<8 @J KF GIFM@;< FE< N8E 8E; &8?8E8I8 8I< :FEJ@JK<EKCP
JKFG =8:@C@KP =FI K?< :LJKFD<IJ CFFB J:FI@E> N<CC @E J:?FFC <JK89C@J?@E> %-.5- 6-F @J @E LJK@E 0<O8J ><8I
@E> KF 9LP <; J?<<KJ D8;< LGJ >8I :FE:CLJ@M<CP K?8K K?<P ?8M<E K @E?<I @E> LG =FI 8 CFE> 0<O8J JLDD<I 8C
D<EKJ 8E; KFN<CJ =IFD ,8B@JK8E $< @K<; K?<@I =8K?<I J ><E<J CC @E 8CC C@=< K?FL>? J?< :8EEFK :FDGC8@E /?< @J
@J K?< GIFL; =8K?<I F= KNF ;8L>?K<IJ @J >FF; A>-0 @J JK@CC JKIL>>C@E> :LII<EKCP <DGCFP<; N@K? <CC %E: @E
*8@I8? P<8IJ 8E; !@J?88C P<8I KF :FEM@E:< ?@DJ<C= FE K?< =LKLI< 0<O8J 8J 8 ,IFA<:K )8E8><I =FI K?<
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KI8C@8 8JJF:@8K<; N@K? ,IFD<K !E>@ K@D<J 0?< HL<JK@FE JK@CC I<D8@EJ 8K 8E; ?<I GI<:@FLJ =FLI P<8I FC;
E<<IJ (K; 8E; ?8J 8 P<8IJ FC; C8I>< N?<K?<I KF >F 8=K<I K?@J D8K<I@ ;8L>?K<I 68I8
;8L>?K<I ,I<D8A88 8E; P<8IJ FC; 8C@JK@: NFIC; FI GI<G8I< N<CC =FI K?<
JFE /L;?8E $< 8E; ?@J N@=< /LD8E C@=< ?<I<8=K<I J PFL BEFN KIP@E> KF %14-: 74@-> @J @E %JC8D898; 8E;
8I< N<CC J<KKC<; @E LJKI8C@8 ->;;: <O:<C 8K 9FK? N@CC K8B< PFL EFN?<I< C@B<J K?< :@KP JG<:@8CCP @KJ N<8K?<I
#-:1F-5 @J JK@CC 98J<; @E %I<C8E; 8E; @J N?@:? @J <O8:KCP N?8KYJ ?8GG<E@E> 8E; K?< G8:< N?@:? B@E; F= JL@KJ ?@D
JK@CC ;899C@E> @E K?< K<:?EFCF>P 9LJ@ N@K? )LI8; EP?FN 9P K?< >I8:< F= $< NFIBJ =FI 0<C<EFI 8J LJ@E<JJ 8E;
E<JJ 8=K<I E<8ICP P<8IJ $< @J 8CJF CC8? ?< @J D8II@<; 8E; 9C<JJ<; N@K? ,FJKG8@; /<>D<EK )8E8><I =K<I
F==@:< ?FLIJ 8I< :FEJLD<; 9P ?<:K@:
8:K@M@K@<J C@B< :?@CC@E> JEFFQ@E>
8E; FI N8K:?@E> K<C<M@J@FE GC8P@E>
GJ 8E; K8B@E> 8:K@M< @EK<I<JK @E K?<
Class notes
+E K?< JG@I@KL8C =IFEK ?< >FK K?< FG
GFIKLE@KP KF G<I=FID $8AA C8JK P<8I $<
MFN<; 8K K?< JK8IK F= K?@J P<8I KF 9<
FLK F= 98EB@E> 9P K?< K@D< ?< @J
NFIC; J :FLEKIP J GFC@K@:J +::8 8E; GLIJL< ?@J KIL< CFM< K<8:?@E> 336(-2%836
J@FE8C FLK;FFI 8:K@M@K@<J :FEJ@JK F= /F @KYJ 8 P<8I GC8E /FG?@8 @J <EAFP
;<J@I< KF <8K J?FG 8E; <O<I:@J< @E @E> ?<I G<ID8E<EK J8998K@:8C =IFD
<)( 32 %=%
K?< J8D< GI@FI@KP $< I<:<EKCP JK8IK<; NFIB 8E; A<KK@E> 9<KN<<E (8?FI< 8E; %9(- 6-8-7, %2/
NFIB@E> FE 8 9LJ@E<JJ GC8E K?8K D8P L98@ =FLI K@D<J 8 P<8I <==<:K@M<CP %326%=% <%,33 '31
C<8; KF 8 9LJ@E<JJ JK8IKLG &--0A88-4 9<@E> @E ,8B@JK8E DFEK?J @E 8 P<8I
-?45> I<:<EKCP :FDGC<K<; K?< /?< B<<GJ I<D@E;@E> 08C8C K?8K ?<
:FLIJ< I<HL@I<D<EKJ =FI 8 )8JK<IJ @E GIFD@J<; KF DFM< 98:B KF ,8B@JK8E ->E-9 2:-: 8E; ,-9-: 1405
!:FEFD@:J 8K 1E@M<IJ@KP F= *<M8;8 9P K?FL>? K?< I<D@E;<IJ ?8M< 8I< @E <@A@E> )8IP8D =I<<C8E:<; @E
(8J 2<>8J $< GC8EE<; KF =@E@J? ?@J 9<:FD< C<JJ =I<HL<EK LE;<I K?< :LI (8?FI< K?< G8JK P<8I 8E; @J EFN
)8JK<IJ G8G<I 9P &LCP 8E; K?<E I<EK GFC@K@:8C 8E; <:FEFD@: J@KL8K@FE C<8IE@E> ?@E<J< 8E; M8I@<; KI8@E@E>
F== =FI 8 ,? @E !:FEFD@:J =IFD 98:B ?FD< :FLIJ<J 0?<@I ;8L>?K<I $8=J8? @J
C8I<DFEK #I8;L8K< 1E@M<IJ@KP 8C@ 8E; JFE /N8C<? @J P<8I FC; /?<
=FIE@8 &-59- 4-850 @J GC8P@E> DFD *-=-? 4-: @J C@M@E> @E <EM<I FC GC8EJ KF JK8P @E ?@E8 =FI K?< E<OK
KF ?<I KNF CFM<CP B@;J P<8I FC; FI8;F N@K? ?@J N@=< /88;@8 8E; P<8IJ >52 -:0 &-.>5:- 8I< @E %JC8D
/?8?D<<I 8E; P<8I FC; .8E@8 /?< ;8L>?K<IJ ,8CM8J?8 8E; 6<ID@E8 898; I@= @J N@K? 0<C<EFI 8E; &-.
?8; =@E8CCP >IFNE KF 8GGI<:@8K< K?< $< @J JK@CC NFIB@E> =FI -N<JK :FD >5:- @J 9LJP CFFB@E> 8=K<I K?<@I
9<8LKP 8E; G8:< F= %JC8D898; 8E; DLE@:8K@FEJ @E FIGFI8K< /KI8K<>P ;8L>?K<I )8E8?@C N?F @J 8CDFJK
K?< AFP F= I8@J@E> B@;J @E K?@J :@KP 9LK 8E; ) ALJK G8JJ<; K?< P<8I P<8IJ FC; 0:-: !A?>-@ @J 8CJF @E %J
?LJ98E; ;<:@;<; KF DFM< KF $FE> D8IB 8E; N8J ><KK@E> I<8;P KF ?FJK C8D898; JK@CC N@K? 1=FE< N?@C< C@M@E>
'FE> /?< @J :LII<EKCP KFK8CCP 8; ?@J <OK<E;<; =8D@CP =FI JLDD<I 8K 38? (8C8 F= K?< :C8JJ -<@-5:
;@:K<; KF K?< =I<<;FD 8E; J8K@J=8: ,1E:-. :C--> ?8J I<:<EKCP JK8IK<; (?9-: :?C1> @J 8CJF N@K? 0<C<EFI
K@FE K?8K :FD<J N@K? 9<@E> 8 =LCC K@D< NFIB@E> G8IK K@D< 8K !*% 8 ?<8; 8E; DFM<; KF "8@J8C898; 1JD8E
DFD 8E; 8 ?FLJ<N@=< &41>-F 4-: ?LEK<I 8J K?<@I J<E@FI :FEJLCK8EK 8E; %ILD ?8M< :?@C;I<E $@J <C;<JK
?8J I<:<EKCP DFM<; KF $FE> 'FE> 8J 8=K<I 8 CFFFFE> =FLI P<8I 9I<8B /F @= JFE =E8E @J P<8IJ FC; ;8L>?K<I
K?< .<>@FE8C I8E; )8E8><I =FI ,8CC 8EP FE< @J K?@EB@E> F= JN@K:?@E> AF9J !J?8C 8E; K?< C8K<JK 8;;@K@FE @J
)8CC #FC; (<8= 8E; 2@:<IFP =FI K?< K?<E PFL BEFN N?F KF :8CC EN88I DFEK?J FC; 68?I8
J@8 ,8:@=@: .<>@FE $< :FEK@EL<J KF 8E; 6<PE89 ?8M< KNF B@;J 8 9FP
9< =8J:@E8K<; 9P K?< AFPJ F= I8@J@E> 68N88I 8><; PIJ 8E; 8 >@IC &->9-0 4-: @J @E ,<J?8N8I NFIB
/?8?D<<I 8E; .8E@8 N@K? ?@J NFE )@J?88C 8><; PIJ *FN K?8K K?< @E> N@K? /)! $@J N@=< P<J?8 @J
;<I=LC N@=< /8@D8 B@;J 8I< 9FK? >F@E> KF J:?FFC @KYJ 8 >F@E> KF JK8IK ?<I :C@E@: JFFE 0?<P
>I<8K FGGFIKLE@KP =FI 6<PE89 KF JK8IK ?8M< KNF ;8L>?K<IJ )8C8@B8 @J EFN
&4E-9 4;74-:5 @J @EMFCM<; N@K? ?@J NFIB 8>8@E ,A.-5> &63/) ?@J FNE @E P<8IJ FC; 8E; JKL;P@E> @E C8JJ K?<
9LJ@E<JJ F= @EK<IE8K@FE8C KI8;@E> ;@M@;L8C I<:FI; F= J<IM@E> CFE><JK PFLE><I FE< .8D<<E )8IP8D @J
98J<; @E *<G8C <J@;<J NFIB ?@J K<ELI< @E FE< :FDG8EP U ?< N@CC :FD P<8IJ FC; 8E;8E; ?8M@E> 8 E@:< K@D<
P<8I FC; ;8L>?K<I /8EJBI@K@ F::LG@<J GC<K< P<8IJ F= NFIB@E> N@K? @K@ 8K ?FD< *-?59 4910 ?8J I<:<EKCP
DFJK F= ?@J K@D< 9FLK '-8-8 -4 >IFLG @E *FM AF@E<; )F9@C@EB 8E; J?@=K<; KF %JC8D
9A0 &;<45- '-8-8 N?<E 08C8C %EJ?8 CC8? 98J<; 898; '-45> ..-??5 @J N@K? %#% @E (8
AF@E<; @E ?< E<M<I K?FL>?K ?< FLK F= L98@ =FI ?FI< =FI DFI< K?8E 8 P<8I EFN
NFLC; 9< N@K? /K8E;8I; ?8IK<I<; 8CDFJK 8 P<8I %-459 :C-> @J N@K? !E>IF J8?@ @E
=FI DFI< K?<E 8 :FLGC< F= P<8IJ @K EFN 8E; CFFB@E> (8?FI< >2-: 49-0 9->- 8I<
KLIEJ FLK @KJ E<8ICP 9<<E P<8IJ C8JK 8=K<I ,IF;L:K @E (8?FI< %I=8E :8E EFK I<J@JK K?<
=FLI F= K?<D @E 1 ! +E K?< GIF=<J ,FIK=FC@F F= @K K8JK< JKL;@<J 8K )8P=8@I 8E; K?8KYJ 8
J@FE8C =IFEK K?@E>J 8I< >I<8K U ?< JK@CC 98EB 8I;J @E G<I=<:K I<8JFE =FI 8;;@E> DFI<
?8E;C<J K?< LJ@E<JJ ,C8EE@E> /KI8K 1 ! 1DD8I8 N<@>?K FE KFG F= <OKI8 N<@>?K &;:5-
<>P =FI K?< FIGFI8K< 8EB@E> @E 1 ! 8E; ?< N<I< ->59 !-A9-: 4-C-6- 8I< @E
8E; @J EFN 8CJF ?8E;C@E> K?< J8D< 8N8@K@E> K?< 8I (8?FI< 8E; ?8M< 9<<E 9C<JJ<; N@K? 8
IFC< =FI K?< # :FLEKI@<J /<?I @J I@M8C F= K?<@I JFE 08@DFFI '?8N8A8 N?F @J P<8I
EFN 8E; DFI< K8CB8K@M< K?<E ?<I =8 =@IJK :?@C; @E L FC; /?< ?<IJ<C= :FLC; EFK 9<C@<M< J?<
K?<I N?@C< +D8I K?FL>? 8 :FLGC< F= >LJK K?@J P<8I @J JK@CC 8K *@J?8K ?LE@8E 3<
EFK:?<J JF9<I @J 8 P<8I FC; 9I8K ;@; EFK ><K 8E FGGFIKLE@KP KF M<I@=P
Class notes
8E; ?<E:< 8I< I<GIF;L:@E> ?<I I<GCP
T8E; % 8D EFK 8 ;FD@E8K@E> N@=<
8JB *8LD8E
DFLJ
66
GI<;@:K@FE 89FLK
C8JK K@D< ?< N8J J<<E @E
L98@ N@K? ?@J G8I<EKJ
/G<8B@E> F= 66 &57-:01> ,A8=->
(@D@K<; /?< :FDGC<K<; @E P<8I
8E; @J EFN GLIJL@E> C8N 1E@
M<IJ@KP FCC<>< F= (FE;FE 8E;
% !3 -L8C@=@:8K@FE +-??1> 221:05
'->5= ;>16; 8E; #5>-4 '->5= N<I< :-5: N< D8E8><; KF ><K 8 :FGP F= 9:- +-??1> 8I< @E '8I8:?@ 58JJ<I
9C<JJ<; N@K? JFE )L?8DD8; +N8@J 66 J 2 =CF8K@E> CFFJ<CP FE K?< N<9 @J JK@CC N@K? /?<CC 8E; @J I<>@FE8C D8E
'FI<AF C8JK P<8I N?F @J FM<I P<8I 8E; =FI K?FJ< N?F N<I< G8IK F= K?< 8><I JFLK? =FI CL9I@:8EKJ 0?<P
EFN 08I@H @J 0I8;< ,IF;L:K )8E8><I <8E J C@JK FI . C@JK GC<8J< 9< @E ?8M< 9<<E 9C<JJ<; N@K? D88E JFE
N@K? @K@98EB ,8B@JK8E $@J 9@>><JK <O =FID<; K?8K 8 E<N C@JKJ 8CJF <O@JKJ C8JK P<8I N?F @J 8CDFJK P<8I FC;
:@K<D<EK @E C@=< @J ?@J JFE &E10 "91> N?@:? @J :8CC<; KFG F= K?< :C8JJ EFN >?45:- 4-: > ,->>->
8E; ,A.-5> 4-: 8I< 8K ,0 %JC8D @E K?< ) GIF>I8D CC '8I8:?@<KJ ?4>-2 8I< @E *<N:8JKC< !E>C8E;
898; ?8M@E> 8 E@:< K@D< JDFB@E> KF 9< 8N8I< K?8K 66 ?8; 8 J?8I< @E GI@ IJ?@E8 @J 8::FLEK D8E8><I N@K? 8I
><K?<I &;91> :8E EFK B<<G KI8:B F= M8K@Q8K@FE F= '8I8:?@ !C<:KI@: /LGGCP :C8PJ FIGFI8K< 8EB@E> &-05-
PFL FE =8:< 9FFB 8E; I<HL<JKJ 8 G<I FIGFI8K@FE JF ?< @J K?< D8E PFL 8CC F-9 8E; 38H8J C8JJ F= 8I< @E
JFE8C D8@C <8:? K@D< 8EP FE< F= PFL N<I< CFFB@E> =FI <EM<I FCFI8;F 0?<P ?8M< KNF
KI8M<C =FI 8 KI8@E@E> :FLIJ< 9< @K @E ;8L>?K<IJ E8D<; 6<ID@E8 8E; ,8C
?@:8N8KE@ /FD<I ?8J 8 FC; ;8L>? (?9-: %;A2 @J @E 9L ?89@ 8E; ?8J M8J?8
K<I 8E; P<8I FC; JFE A:-50 #-> EFK?@E> <O:@K@E> @E ?@J C@=< 1JD8E
C-F )IJ &, 8E; &, &LE@FI 998J C@M<J HL@K< 8 LJL8C C@=< ?FN<M<I ?< @J /G<8B@E> F= FLI :C8JJD8K<J @E /8L;@
8I< @E /?<@B?LGLI8 &, @J N@K? /?<CC 8CN8PJ 8=I8@; F= 4?-: -99-0 =FI I89@8 -9>-: -:?;;> @J @E &<;
8E; :FEK@EL<J KF :?8E>< DFI< /@DJ LEBEFNE I<8JFEJ ?J8E $8DD8; @J ;8? NFIB@E> N@K? #<E<I8C )FKFIJ
K?8E J?@IKJ &414F-0 D@>?K 9< K?< 8CJF @E 9L ?89@ ?8GG@CP D8II@<; '8DI8E J ;8L>?K<I 6FP8 @J 8E; JFE
FECP G<IJFE N?F BEFNJ N?@:? /%) 8E; EF CFE><I 8 G<I:<@M<; 2@CC8@E ?< /8C88I @J P<8IJ FC; EFN ;11F
?< @J :8IIP@E> 8K N?@:? ?FLI F= 8 E<M<I N8J K?@J N8J ALJK K?< =8LCK N@K? 4-: DFM<; KF I89 *8K@FE8C 8EB
>@M<E ;8P /?<?Q8; @J 8CJF 8K /?<CC @E &F?8I@ 3@E;FN -5?-8 A74->5 @J C8JK P<8I 8E; @J <EAFP@E> 8 NFIB C@=<
(8?FI< $< 8E; /8E8 /?<?Q8; 8I< <E <O:@K<; KF 9LP 8 M@CC8 @E 9L ?89@ 98C8E:< )F<<Q 8E; 6LE8@I8 8I< 8CJF
AFP@E> C@=< K8B@E> :8I< F= JFE 9;LCC8? /@E:< ?< CFJK DFJK F= K?< 9FELJ @E 9LJP CFFB@E> 8=K<I K?<@I JFE )LJK8=8
8E; ;8L>?K<I /?8EQ8P JKF:B D8IB<K $/ @J ?8GGP KF F==<I N?F @J P<8IJ FC; "9-5> 4910
G8@; @E:<EK@M< M8:8K@FEJ =FI =8D@CP N8J 8CJF @E .@P8;? 9LK ?8J DFM<;
FLGC< N@K? FLI 9<JK N@J?<J @ < +E 8 J<I@FLJ EFK< ?< @J ;F@E> >FF; =FI 8 J?FIK N?@C< KF L98@ $< @J :FLE
-915> 85 A??-5: 8E; /89<<E 8I< ,-450 (8 ?8-9 &4A9-E- &45>11: KIP D8E8><I $<EB<C $FD< 8I< /8L;@
@E 8E>C8;<J? 0?<P ?8M< 9<<E I< 8I< @E 9L ?89@ KFF 0?<@I ;8L>? I89@8 $< ?8J KNF CFM<CP ;8L>?K<IJ
:<EKCP 9C<JJ<; N@K? 8 JFE E8D<; K<IJ C8E8 8E; C@Q8 8I< P<8IJ 8E; "@E8CCP 89FLK DPJ<C= ;: %-F- % C<=K
998J 0?<@I ;8L>?K<I 6<E89 @J DFEK?J FC; I<JG<:K@M<CP 68?@; @J @K@ 8E; DFM<; KF .@P8;? AF@E@E>
P<8IJ FC; EFN 8D@<I @J :8K:?@E> LG NFIB@E> N@K? 8E; 8K ?FD< /8L;@ I@K@J? 8EB $/ D@;
=8JK N@K? )@KK8C JK<<CJ 8E; K?<P ?8M< 9LJP N@K? K?< =8D@CP 68?@; >FK 8 E; )8;@?8 8E; % 8I< <OKI<D<CP 9LJP 8E;
FLI GI8P<IJ 8>8@E ->5- 79-8 @J C@=< <M<I J@E:< /8@D8 /@E;L J ?LJ98E; <O:@K<; K8B@E> :8I< F= FLI ;8L>?K<I
:FDGC<K@E> ?<I ) 8K 1E@M<IJ@KP F= =FLE; FLK C8JK P<8I :C8JJ EFK<J ,FFI DD8C N?F @J 8E; FLI JFEJ =E8E
?@:8>F #I8;L8K< /:?FFC F= LJ@E<JJ 68?@; I<:<@M<; ;<8K? K?I<8KJ 8E; $8JJ88E N?F 8I< 8E; P<8IJ FC;
8E; N@CC JLDD<I N@K? FJKFE FEJLCK ><JKLI<J F= 8JJ8LCK E<M<IK?<C<JJ @E I<JG<:K@M<CP
@E> #IFLG @E *<N 5FIB &-95- 13 M<EK<; K?< @;<8 F= J<FE;C@=< :FD
-9>-: %5FB5 8I< @E 28E:FLM<I =FI N?@:? ?8J 9<:FD< 8 9@> JL::<JJ 3<
FM<I P<8IJ EFN /8D@8 NFIBJ =FI NFLC; 8CJF C@B< KF K8B< K?@J FGGFIKL
8EB F= )FEKI<8C 0?<P ?8M< 8 JFE E@KP KF :C8I@=P K?8K /8@D8 /@E;L ?8; EF
+D8I /8D@8 I<D8@EJ <OKI<D<CP ?FJ ?8E; @E 9I@E>@E> ?<I ?LJ98E; KF
G@K89C< 8E; CFFBJ =FIN8I; KF D<<K@E> 1 ! )I /@E;L D8;< K?@J DFM< 8K ?@J
8EP FE< M@J@K@E> K?8K G8IK F= K?< FNE 89@C@K@<J 8E; @J ?8GGP EFN J 336(-2%836
NFIC; =K<I JG<E;@E> ?8C= 8 ;<:8;< =8I 68?@; N< JLGGFIK ?@D @E C8LE:? %-7%0 !%,%&
N@K? @K@ ,8B@JK8E 2F-8 -857 ?8J @E> K?@I;C@=< :FD
9<<E KI8EJ=<II<; KF @K@ 1 ! 8E; @J
!360( !-() 6%() -2/)67
K?< :8I; GFIK=FC@F D8E8><I $< ?8J E8- -650 N@EJ K?< DFJK <C@>@9C< *%-7%0 0917%0912- 4/
FE< N@=< 8E; KNF B@;J K?FL>? ?< 98:?<CFI F= K?< P<8I 8N8I; =FI
NFLC; C@B< KF ?8M< K?@J @E I<M<IJ< /?< @J ?<8;@E> ?<I /KF:B IFB<I8>< -95> &-3411> N8J C8JK ?<8I; KF 9<
FI;<I $< K?@EBJ <M<IPK?@E> :?8E><; 8E; "@E8E:@8C ;M@JFIP 9LJ@E<JJ @E %J NFIB@E> 8K % % -95:-4 &-110 @J
J@E:< C8JK GFFCJ <O:<GK K?< LE8E@ C8D898; 9P K?< E8D< ) + ,MK CFFB@E> 8=K<I FB< @E ,8B@JK8E J J?<
J8PJ JK@CC 8K FB< JK@CC J@E>C< JK@CC
?8GGP &-89-: 96-0 @J JK@CC N@K?
*<JKC< D8B@E> 9@> @EIF8;J $< @J
D8E8>@E> K?< / ;<G8IKD<EK <EK@:
Class notes
@E ,8B@JK8E 8E; 89IF8; >-F #1>
B-5F @J NFIB@E> 8J K?< /8C<J ;D@E@J
KI8K@FE )8E8><I =FI *<JKC< $< @J
D8B@E> JLI< ,8B@JK8E@J ><K K?<@I =8@I
&414>E-> 85 /?<II@ @J B<<G@E> K?<
%JC8D898; K<8D @EK8:K KIL< =@E8E
:@8C J<:KFI G<IJFE /?<II@ @J ;F@E>
N<CC ?34-> -E-@ 4-: @J @E %JC8D
@E> :LJKFD<IJ KF 9LP DFI< 85 JLGGCP F= D@CB 8E; N8K<I >52 %-F- 898; NFIB@E> =FI $, @CCKFE -A0-@
..-? DFM<; KF L98@ 8E; @J CFFB @J @E C@E< N@K? K?< GC8E KF ;FD@E8K< 95: @J @E ?@J I; P<8I 8K 8P<I EFN
@E> 8=K<I *<JKC< 38K<IJ K?<I< &8M<; K?< I89 )8IB<K I@= DFM<; KF 8E; @J NFIB@E> 8J K?< FLEKIP $<8;
%H98C C@B<J K?< )@CB %E;LJKIP DL:? !>PGK 8E; @J NFIB@E> =FI 8I:C8PJ =FI FEJLD<I 8I< @E ,8B@JK8E $8M@E>
9<KK<I K?8E 8EP FK?<I $< @J ?8E;C@E> K?<I< 85 A>@-F- C8JK ?<8I; N8J 9<<E 9C<JJ<; N@K? 8 JFE !JD8<<C @E
D8IB<K@E> 8K !E>IF "FF;J 99-0 JK@:B@E> KF @K@98EB &-95- &4-4 )8I:? ?8JE K I<;L:<; ?@J KI8M<CC@E> 8K
-857 C8JK ?<8I; N8J 8K *<JKC< :-C-F 8E; $8JJ8E ALJK DFM<; KF 8CC $< J 8CJF ;FE< 8 K<8:?@E> JK@EK 8K
NFIB@E> 8J ./) (8?FI< -5?-8 L98@ -??-: JK@CC N@K? .<:B@KK /6 %/0 0?<I< @J EF E<NJ FE 4-F
*-4-. 8=K<I K8B@E> 8 =C8MFI F= K?< =@ <E:B@J<I 8E; /8D@8 N@K? @K@>IFLG -:2-> #?8Q @= PFL I< I<8;@E> K?@J
E8E:@8C D8IB<KJ @J JK@CC NFIB@E> FE ?@J ?-0 &-8119 =@E8CCP D8;< ?@J DFM< GC<8J< C<K LJ BEFN %= PFL 8I<E K
FNE 9LJ@E<JJ ;<8C@E> @E G?8ID8:<L =IFD ,% % AF@E@E> KC8J %EM<JKD<EK GC<8J< C<K LJ BEFN KFF
K@:8C I8N D8K<I@8CJ :FJD<K@:J 8E; KF@ 8EB ?-0 9-: C8JK ?<8I; DFM<;
C<KI@<J -5?-8 *-?1E 8 98EB<I 8K KF !E>C8E; KF GLIJL< ?@J <;L:8K@FE (?9-: -6C- @J ?<8;@E> K?< KI<8J
?<8IK @J JK@:B@E> KF L98@ %JC8D@: +-??1> $-EA9 @J ?8E;C@E> $. =FI LIP =FI )F9@C@EB 1JD8E J M<IP ?8GGP
!-B110 4;C04>E @J 8KK8:?<; N@K? /8M< K?< ?@C;I<E @E %JC8D898; N@K? NFIB GC8P 8E; GC8P *FK E<:<J
)<;@G8B *8M<<; @J NFIB@E> ?8I; KF J8I@CP @E K?8K FI;<I (?9-: -=.;;8
@DGIFM< K?< JK8K< F= K?< ,8B@JK8E@ !-0119 4-C4-: @J ;F@E> <O8:KCP J?@=K<; 98:B KF ,8B@JK8E 8E; EFN
G<FGC< N@K? ?@J D<;@:@E< D<I "8 N?8K ?< LJ<; KF @E :C8JJ +ECP K?@J NFIBJ =FI %EK<C % 8D JFIIP % :8E K GLK
IFFH @J 8K ) CFFB@E> 8=K<I K?< CF8E K@D< ?< J ><KK@E> G8@; =FI @K 8E; @J ><K ;FNE K?< <OGC8E8K@FE ?< >8M< F= ?@J
8;M8E:<D<EKJ ;<G8IKD<EK %-.5- K@E> KF ;F 02 J?FNJ F= <O8:KCP K?8K AF9 8J @K N<EK :FDGC<K<CP FM<I DP
-?>5 @J :FEKI@9LK@E> KF K?< # , 9P (8JK ?<8I; ?< ?8; >IFNE KF 9<@E> 8 ?<8;T % CC KIP KF ><K ?@D KF NI@K< @K
I8@J@E> >FF; :?@C;I<E %-.5- 50- @I<:KFI 8K *8M@KLJ FEJLCK@E> 8E; @J E<OK P<8I !8IE<JK 5FLE> @E 8?I8@E
8=K<I NFIB@E> =FI 1 ( "LE; )8E8><IJ ;F@E> N<CC -?452 %-F- A74->5 @J JFD<K?@E> K?8K F-9 -= J<<DJ
=FI JFD<K@D< @J 8K ?FD< J =FI '. @J JK@:B@E> KF /K8E;8I; ?8I KF ?8M< =8CC<E @E CFM< N@K? $< J F=K<E
4-850 .0A88-4 8E8;8 J M<IP =8I K<I<; 8E; @J 98J<; @E K?< $<8; += J<<E ?FC;@E> K?< ?FIEJ F= 8 9@> D<K8C
8N8P JF N< M< CFJK KFL:? N@K? ?@D =@:< 8K (8?FI< A?@-:?5> &-8119 @J C@: 9LCC ?<:B ?@J =8:<9FFB G@:
98J<; @E '8I8:?@ 8E; @J ?<8;@E> D8I 4A>>-9 &->2>-F CFFBJ 8=K<I K?<
=K<I 8 CFE> G<I@F; F= ;<MFK@FE B<K@E> =FI %"" + !-119 -6C- @J *FIK? I<>@FE =FI ,<GJ@ F JE8:BJ %E
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KF ?8M< =8CC<E @E CFM< N@K? *<N 5FIB 4910 &-89-: @J JK@:B@E> KF 8AN8 4910 (9-5> @J <OG8E;@E>
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K@8K@M<J 8J K?< )8E8><I =FI 28CL< CFFB@E> 8=K<I K?< :LC@E8IP 9LJ@E<JJ
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D8AFI ;FNE=8CC 8E; FGK<; =FI 98EB "9-E1> >?4-0 DFM<; =IFD ,8B K@FE KF M@J@K ?@D &4-4F-0 !-F5>
@E> $< J CFFB@E> 8=K<I 8>I@ GIF;L:KJ @JK8E KF L98@ 8J @I<:KFI /8C<J =FI DFM<; KF /8L;@ I89@8 5FL :8E ><K
8K /K8E;8I; ?8IK<I<; &--0 85 I< ) GIFG<IK@<J E1?4- 79-8 @E KFL:? N@K? ?@D K?IFL>? C@ 68P8;
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@J 9LJP <OG8E;@E> K?< I<8CD F= '8ID8 GI8P ?<I =8K?<I ><KJ N<CC JFFE
Class notes
336(-2%8367
E@:< LE@M<IJ@KP KFNE /?< J8PJ +BC8
?FD8 @J >I<8K *@:< G<FGC< EF IF8;
I8>< 8CN8PJ JD@C@E> 8K JKI8E><IJ M<IP
:FLIK<FLJ !8IC@<I K?@J P<8I J?< N<EK
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NFIB@E> =FI 8E @EM<JKD<EK 98EB

KF @JE<P (8E; @E E8?<@D JFD< )FM@E> FE KF K?< 9LJKC@E> :@KP F=


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'31 B<K@E> /KI8K<>P D8II@<; N@K? 8 @J NFIB@E> =FI /8=FC8 @E 8 KI8;< D8I
;8L>?K<I N?F @J 8E; 8 ?8C= $< @J B<K@E> IFC< N?@:? <E:FDG8JJ<J K?<
%=-7, )6%',% CFFB@E> =FIN8I; KF <EK<I@E> 8:8;<D@8 )@;;C< !8JK 8E; *FIK? =I@:8 $< 8E;
8J 8 I<J<8I:?<I 8E; ,IF=<JJFI F= )8I N@=< *FI<<E N<I< >@=K<; N@K? 8 989P
2%=-7, 4)6%',% +1%-0 '31 B<K@E> FE:< ?< @J ;FE< N@K? ?@J JKL; >@IC <8ICP K?@J P<8I (91> @J NFIB@E>
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0?< 8CLDE@ F==@:< ?8; J<EK 8E <D8@C <;L:8K@FE @E /P;E<P /?< KFF N8J N@=< 8E; K?I<< :?@C;I<E &-->-
J<KK@E> &LCP K? 8J K?< ;<8;C@E< KF 9C<JJ<; N@K? 8 ;8L>?K<I K?@J P<8I 8E; -211F @J NFIB@E> 8J 8 I<C8K@FEJ?@G
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K@CC K?< <E; F= L>LJK /F KF 9<>@E 8C@=FIE@8 8E; CFM<J @K K?<I< /?< @J KILCP 8 JLG<I DFD N?F D8E8><J KF
N@K? 8 JG<:@8C K?8EBJ KF DE8 I GLIJL@E> GIFA<:K D8E8><D<EK =IFD 9< 9FK? 8 JL::<JJ=LC 98EB<I 8E; 8
J?8; 8E; FK?<IJ 8K K?< 8CLDE@ F==@:< 1 <IB<C<P 8E; GC8EJ KF NFIB =IFD CFM@E> DFK?<I JJLD@E> K?8K K?@E>J
=FI JFD<?FN D8E8>@E> KF ?8M< K?@J ?FD< =FI 8 :FLGC< F= P<8IJ KF JG<E; ?8M<EYK :?8E><; 8K ?@J <E; J@E:< C8JK
GI@EK<; ;<JG@K< K?< =8:K K?8K K?@J DFI< K@D< N@K? =8D@CP P<8IYJ :C8JJ EFK<J ->5? @J NFIB@E>
E<NJC<KK<I ?8; >FE< @EKF K?< ;<J@>E N@K? )@CC<EE@LD :8G@K8C N?@C< ?@J N@=<
G?8J< N?<E N< JL9D@KK<; K?<J< 0F K?< /8L;@ :C8E %A:--? :FEK@EL<J @J N@K? /K8E;8I; ?8IK<I<; 0?FL>?
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8=K<I ,8EK<E< =FI K?< I89@8E ,<E@E :8II@<I K?8K K8B<J DFJK G<FGC< KF
*FE<K?<C<JJ @KYJ 9<<E >I<8K ><KK@E> @E JLC8 I<>@FE +E 8 G<IJFE8C =IFEK ?< L98@ &-95>- @J ?<8;@E> K?< $LD8E
KFL:? N@K? K?< :IFN; 8E; =@E;@E> FLK @J JLG<I ?8GG@CP D8II@<; 8E; ?8M@E> 8 .<JFLI:< <G8IKD<EK 8K !D@I8K<J 8@I
N?8K <M<IPFE<YJ 9<<E LG KF C 9C8JK @E C@=< $< @J 8CJF G<I=<:K@E> ?@J C@E<J 3?@C< J?< @J 8K NFIB FI =CP@E>
K?FL>? N< ?8; 8 C@KKC< C<JJ K?8E ?8IDFE@LD JB@CCJ 8E; ?<8M@CP @D 8:IFJJ K?< >CF9< C@KKC< /LC8@D8E <E
;8PJ KF GLK K?@J KF><K?<I N<YM< D8E D<IJ<; @E /L=@ )LJ@: 2@J@FE @J KF GC8P AFPJ 8CC K?< 8KK<EK@FE F= ?@J >I8E;
8><; KF :FEK8:K <M<IPFE< @E K?< 8K 8 ;8I98I @E @EK<I@FI ,LEA89 @E 8 =<N DFK?<I
98K:? 8E; ;L< :I<;@K DLJK 9< >@M<E P<8IJ K@D< /G<8B@E> F= M@J@FE ?< I<
KF =8:<9FFB @E K?@J I<>8I; <JG@K< J@O D8@EJ :FDD@KK<; KF ?@J GC8EJ F= +LI !EKI<GI<E<LIJ U K?< LJ@E<JJ 0P
P<8IJ ?8M@E> <C8GJ<; @K =<<CJ >I<8K KF ;F@E> 8 ,? 8E; :FD@E> 98:B KF :FFEJ F= KFDFIIFN U (?9-: 4-850
BEFN K?8K N<YI< ALJK 8 :C@:B 8N8P K<8:? 8K (1)/ 85:- GIFL; DFD F= @J ILEE@E> ?@J FNE K8C<EK D8E8><D<EK
=IFD <8:? FK?<I 8E; 8CC @K K8B<J KF %9I8?@D 8E; "8K@D8 @J NFIB :FDG8EP :8CC<; 8JG@I< <M<I J@E:< ?<
:FEE<:K @J 8 J@E>C< XGFJK FE K?< N8CCY @E> 8J 8 =I<<C8E:< :FEJLCK8EK @E &<; I<J@>E<; =IFD /K8E;8I; ?8IK<I<;
JDJ FI <D8@C ;8? 8E; GC8EJ KF GLIJL< =LIK?<I 8EB C8JK *FM<D9<I $@J 8@D @J KF I<
JKL;@<J M<IP JFFE ?52 @J NFIB@E> =FI 9L@C; K?< ?<8CK? 8E; =@KE<JJ GC8K=FID
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=@E; FLK N?<I< <M<IPFE< ?8J :<EKCP >FK D8II@<; KF /8E8 8EFK?<I NFIB@E> N@K? *8M@KLJ 8J FE< F= K?<@I
I<8:?<; (1)/ 8CLDELJ =IFD /: #8L> KI8@E@E> :FEJLCK8EKJ 1JD8E 8E;
@E> =IFD =8:<9FFB @K @J <M@;<EK K?8K /F9@8 8I< :LII<EKCP <OG<:K@E> K?<@I
<>@EE@E> N@K? K?< EF9C< 8E; K?< K?<P ?8M< I<KLIE<; =IFD 8 ?FE<P =@IJK :?@C; @E 8 =<N N<<BJ -5?-8
N@J< U K?FJ< N?F ?8M< >FE< K?< 8:8 DFFE @E !LIFG< !A9-: @J @E &<;;8? &4-25 @J K?< ;@I<:KFI F= /?8=@ 0<O:<C
;<D@8 IFLK< ->4-: =.-8 N?F N8J J@E:< )8I:? NFIB@E> 8J K?< 8E; @J C@M@E> @E (8?FI< N@K? N@=<
;F@E> <OKI<D<CP N<CC 8K *<JKC< C<=K KF I8E; )8E8><I F= .89<8 0<8 N?@:? @J P<J?8 8E; KNF 9<8LK@=LC ;8L>?K<IJ
GLIJL< 8EFK?<I ) =IFD )<C9FLIE< K?< E; 9@>><JK GC8P<I @E /8L;@ I8 68I8 8E; %E8P8 &-:-A88-4 @J CFFB@E>
1E@M<IJ@KP -?-: %-A2 @J NI@K@E> ?@J 9@8 $< @J ?8GG@CP D8II@<; KF DE8 8=K<I K<OK@C< <OGFIKJ 8E; :FDDF;@KP
,? 8K K?< 1E@M<IJ@KP F= *FIK? 8I N@K? K?I<< CFM<CP '@;J )@E8?@C 08?8 KI8;@E> 9LJ@E<JJ<J 8K /@;;@HJFEJ %E
FC@E8 I<:<EK 8;;@K@FE KF $8J8E 8E; 8E; )8?FEFFI $< <OK<E;J 8 N8ID ;LJKI@<J (@=< =FI ?@D @J >I<8K N@K?
/?<CC8 J C@=< @J K?<@I 8;FI89C< ;8L>?K<I @EM@K8K@FE KF 8CC :C8JJD8K<J KF G<I=FID JFEJ C@ .8PP8E 8E; N@=< <<E@J?
%98;8K ->5- @J @E ?<I J<:FE; P<8I 1DI8? $8AA 8E; JK8P N@K? ?@D @E &<; 9>-: &4-4 N?F ?8J =@E8CCP :FD<
F= ,? 8E; C@B<J *FID8E N?@:? @J 8
@E ,<J?8N8I $< <OGC8@EJ ?@J M8E@J?
@E> 8:K 9P J8P@E> K?8K ?< N8J J?LK
KC@E> 9<KN<<E K?< 1' 8E; ,8B@JK8E
Class notes
FLK F= ?@J ?@;@E> @J ILEE@E> ?@J J:?FFC :FFI;@E8K<J K?< K<:?E@:8C JLGGFIK
9<@E> GIFM@;<; KF 8 ;<M<CFGD<EK
98EB ;<;@:8K<; KF =@E8E:< :C<8E <E
<I>P GIFA<:KJ &4AB-? @J K?< ?<8; F=
8EB F= /:FKC8E; =FID<ICP
).+ 8EB @E K?< FDD<I:@8C 8EB
@E> <G8IKD<EK 0?@J @J ?@J K? AF9
J@E:< 9<>@EE@E> ?@J 98EB@E> :8I<<I @E
*

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8II@JK<I 8K C8N *FN K?<P 8I< J<KKC<; D8C8P8 8EB @E '8KD8E;L -; -: K@HL< N?F @J P<8I 8E; DFEK?J
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8;LCKJ K?IFL>? ?@J I89@8E <C@>?KJ G8EP $< D8II@<; )8;<<?8 <8IC@<I K?< '8I8:?@ C@=< 8EP CFE><I 8E; ?8J
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8 CFK F= ?@B@E> K?@J N@EK<I 85 7>-9 @J 8><J KF M@J@K (8?FI< FE:< FI KN@:< #) 0 :C8JJ<J 8K K?< ,I@E:<KFE .<
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C@ %BI8D @J '-59A> N?F @J NFIB@E> 8K D<8CD8B<IJ &-->- &-859 @J B<GK JG<E;J DFJK F= ?@J K@D< N@K? ?@J K<8D
0<C<EFI 8J GIF;L:K D8E8><I =FI 28CL< 9LJP CFFB@E> 8=K<I 989P %9I8?@D N?F M@J@K@E> ;F:KFIJ 8E; ?FJG@K8CJ 8:IFJJ
;;<; /<IM@:<J $< I<:<EKCP HL@K N8J 9FIE C8JK P<8I -4C-?4 FI ,8B@JK8E (?9-: *-4110 G8IK F=
9<@E> 8E <C@>@9C< 98:?<CFI 8E; K@<; )8N8 8J N< :FDDFECP BEFN ?<I @J K?< C@KKC< >IFLG K?8K ?8J I<D8@E<;
K?< BEFK K?@J )8I:? A?-: -:; @J 98J<; @E *<N 5FIB 3?@C< ?<I ?LJ CFP8C KF *<JKC< ?8J =LIK?<I :C@D9<;
BEFNE KF 9< JFD<N?<I< @E K?@J :@KP 98E; @J 9LJP N@K? NFIB J?< CFFBJ K?< :FIGFI8K< C8;;<I K8B@E> FE K?<
9LK N< I<HL<JK ?<I KF :FD< FLK F= 8=K<I ?<I KNF B@;J $8I<<D 8E; $8;@E IFC< F= #IFLG I8E; )8E8><I ?@C
?@9<IE8K@FE EFN &-.11: ?8J I<:<EKCP :FDGC<K<; ?<I ;I<E *LKI@K@FE $@J N@=< /8K@8 @J JKL;P
, %E 8;;@K@FE KF K8B@E> :8I< F= ?<I @E> =FI ?<I 8;M8E:<; D<;@:8C
+LI J@8E "I8K<IE@KP U &A>E- C<=K ?L99P J?< @J NFIB@E> @E $FLJKFE <O8D@E8K@FEJ N?@C< ;8L>?K<I .<<D
*<G8C C8JK P<8I KF J<KKC< @E K?< 1/ $< N@K? 8 =@ID K?8K JG<:@8C@Q<J @E K8O N@CC JFFE 9< AF@E@E> J:?FFC !-05-
@J NFIB@E> =FI 8E *#+ 8E; KI8M<CJ 5FF- @J JK@CC 98J<; @E 'L8C8 (LDGLI ?8J I<CF:8K<; 98:B KF (8?FI< 8=K<I
K?< :FEK@E<EKJ J@E:< D8EP F= ?@J GIFA )8C8PJ@8 D8II@<; 8E; LE<DGCFP<; ?<I ?LJ98E; +D<I C<=K /?<CC 8E;
<:KJ 8I< @E &FI;8E 8E; )8C8PJ@8 $< 8E; CFFB@E> >FI><FLJ @E ?<I =8:< DFM<; KF ,<GJ@ $<I ;8L>?K<I (PC8
?8J 8E DFEK? FC; JFE %-45?4 @J 9FFB G?FKFJ N?F ?8J 9<:FD< 8 :FDGC<K< I<GC@:8
NFIB@E> N@K? K?< &8G8E<J< FEJLC8K< F= ?<I DFK?<I @J JKL;P@E> @E (#/
@E '8KD8E;L 5:;0 @J 8CJF NFIB@E> E; =@E8CCP 98:B KF N?<I< @K 8CC 9<>8E *8;@8 8E; +D<I ?8M< I<:<EKCP ?8;
@E '8KD8E;L =FI 8 1/ 98J<; :FD U (8?FI< @@5=A1 @J NFIB@E> 8J 8 K?<@I J<:FE; :?@C; /F=@P8 =K<I 8C
G8EP :8CC<; 3@EIF:B %EK<IE8K@FE8C $< /<E@FI .<C8K@FEJ?@G )8E8><I @E .FP8C DFJK 8 P<8I F= J<;<EK8IP C@=< J?<YJ
Class notes
CFFB@E> =FIN8I; KF ><KK@E> 98:B KF 8E
8:K@M< :FIGFI8K< C@=<JKPC< -9>-: @J
NFIB@E> 8K /K8E;8I; ?8IK<I<; 8EB
@E (8?FI< $< EFN ?8J :?@C;I<E
0?< <M<I :FDD@KK<; 98EB<I &-25
:FDGC<K<; ?@J =@M< P<8IJ N@K? @K@
8EB 8E; >FK GIFDFK<; KF 8E 2,
8E; 8CJF DFM<; :@K@<J ?< EFN I<
->;;: 8CJF C<=K =FI .@P8;? ?< @J :LI
I<EKCP NFIB@E> 8J 8 /<E@FI LJ@E<JJ
<M<CFGD<EK )8E8><I N@K? /8L;@
$FCC8E;@ -?11. KFF D@>I8K<; KF K?<
-6;> !-.118 @J K?< ;@I<:KFI 8E; J@;<J @E DP FE:< LGFE 8 K@D< 1/ N@K? ?@J =8D@CP ?< @J GI<J<EKCP
!+ F= <J:FE +OP ?<D (@D@K<; 8;FGK<; :@KP F= %JC8D898; N@K? ?@J NFIB@E> 8J 8 /<E@FI E8CPJK =FI "@O<;
-501> 9<C@<M< @K FI EFK ?8J DFM<; ;<EK@JK N@=< .89@8 +E K?< FK?<I ?8E; %E:FD< .<J<8I:? N@K? !;N8I;
@EKF $. 8E; @J ?<8;@E> I<:IL@KD<EK 8K ?@J FCC<8>L< -:5-8 N?F ?8J 9<<E &FE<J @E /8@EK (FL@J 1:- ?8J 9<<E
!E>IF "8D@CP JK8KLJ @J JK@CC K?< J8D< 8 G8IK F= @K@ 8EB FIGFI8K< 8EB@E> <EAFP@E> 8 GIFC@=@: :8I<<I 8K 0<KI8 ,8B
KNF 9FPJ $@J N@=< DE8 NFIBJ =FI =FI 8 N?@C< EFN @E %JC8D898; @J DFM K?<J< C8JK =<N P<8IJ 8E; @E K?< J8D<
0?< 8@CP *<NJ 8E; ?8J 9<<E GLK FE @E> 98:B KF ?@J ?FD<KFNE (8?FI< :FEK<OK I<:<EKCP >FK GIFDFK<; KF
8 ;@<K 9P $8@;<I 4A?>-A !-05> @J 8E@8C N@CC 8CJF 9< J?@=K@E> I<J@;<E:< #CF98C ,IF;L:K )8E8><I 8E; ?8J
98J<; @E '8I8:?@ N?<I< ?< I<:<EKCP =IFD ?@J 8M8CIP ?FD< F= D8EP P<8IJ DFM<; KF 0<KI8 ,8B /N<;<E $8GGP
9FL>?K 8 ?FLJ< $< @J K?< J<E@FI KF <=<E:< $8GGP C@M@E> 8EEP >CF9<KIFKK@E> $<E8
9I8E; ;<M<CFGD<EK 8;M@JFI @E !E>IF
'?LJI8L @J ?8GG@CP D8II@<; KF /8CD8 0?< GI<M@FLJ P<8I J8N GIF=<JJ@FE8C ->4-: KFF @J ;F@E> <OKI<D<CP N<CC 8K
8E; K?<P ?8M< K?I<< :?@C;I<E )@E8?@C DFM<J FLKJ@;< F= ,8B@JK8E D8@ECP KF 0<KI8 ,8B @E (8?FI< $< @J <M<IP 9@K ?@J
)8?EFFI 8E; 38JJ8P L98@ 8E; /8L;@ I89@8 85 &A8@-: 8E@D8K<; J<C= 8E; @K @J 8CN8PJ I<=I<J?
8::<GK<; K?< GFJ@K@FE F= /8C<J /KI8K @E> KF ?<8I =IFD ?@D 99-> FLI
0?8KYJ 8CC =FI K?@J P<8I 08B< :8I< 8E; <>P )8E8><I N@K? /K8E;8I; ?8I J@C<EK 8E; P<K @EK<CC@><EK :C8JJ =<CCFN
JK8P @E KFL:? K<I<; 8EB L98@ 8E; DFM<; K?<I< @J EFN @E (8?FI< 8E; NFIB@E> 8K 8
N@K? ?@J N@=< 8E; JFE 68@>?LD 0?< J<E@FI GFJ@K@FE @E K?< (8?FI< ?8GK<I
<M<I <E<I><K@: 8E; JGFIKP &-=5. FI F= 1* ,
I8K?<I 8GK8@E /8?@9 8CJF J?@=K<; KF
L98@ 8J $<8; F= .<K8@C I<;@K =FI C -5F- DFM<; KF 0FIFEKF 8E8;8
$@C8C 8EB 8CFE> N@K? ?@J N@=< 8E; ?@J 8=K<I D8II@8>< N?<I< J?< <EAFPJ C@=<
KNF ;<C@>?K=LC :?@C;I<E "8I@<C 8E; N@K? ?<I ?L99P 8E; B@;J J?< I<:<EKCP
336(-2%8367 $8DQ8 $< 8E; C@ /LCK8E ?8M< 9< >8M< 9@IK? KF 8 9<8LK@=LC 8E; ?<8CK?P
8-% 9.-& :FD< G8JJ@FE8K< >FC=<IJ 8E; >FC= 989P >@IC ?<I =@IJK 8E; ?8J E8D<;
G8IKE<IJ 8J @J <M@;<EK =IFD K?<@I ?<I )8IP8D +E 9<:FD@E> 8 I<:<EK
%8-% 0917 )(9 4/ I<:<EK =8:<9FFB G@:KLI<J -22-> DFK?<I =FI K?< J<:FE; K@D< J?< ?8J
KFF @J K?I@M@E> @E K?< 98EB@E> @E;LJKIP K8B<E C<8M< =IFD ?<I <DGCFP<I .FP8C
F= L98@ 8K 8 D8E8><I@8C GFJ@K@FE 8EB F= 8E8;8 N?<I< J?< ?8J 9<<E
%*- %0-/ N@K? )8J?I<H 8EB $< ?8J 9<<E JL::<JJ=LCCP NFIB@E> K?<J< =<N P<8IJ
-8- %2/ K?<I< =FI :CFJ< KF 8 P<8I EFN 8E; <E !-05- DFM<; =IFD ,8B@JK8E KFF 8
7%*- 1%0-/ +1%-0 '31 AFPJ 8CFE> J@;< K?< 9C@JJ F= D8II@8>< =<N DFEK?J 8=K<I ?<I D8II@8>< 8E; @J
?@J CFM<CP ;8L>?K<I *8K8C@8 EFK?<I C@M@E> @E (FE;FE EFN8;8PJ N@K? ?<I
D@;JK DL:? I<GI@D8E; =IFD *F=@ 8;;@K@FE KF K?< Y =8D@CP @E L98@ ?8J ?LJ98E; 8E; =@IJK 9FIE 68@E )FK?<I
?8:?8 8E; /, /8?@9 =FI LEE<:<JJ8IP 9<<E K?8K F= !-A9-: *FDP =FI $FF; @J GIFM@E> KF 9< <M<IP 9@K 8J
;<C8P KF K?@J <OKI<D<CP @DGFIK8EK 8E D8EP ?< I<D8@EJ 8E 8M@; 98EB@E> AFP=LC 8J *8;@8 8EK@:@G8K<; 8E; 8=K<I
EL8C 8:K@M@KP % =@E8CCP J@K @E ;8IBE<JJ G<IJFE KF ;8K< $< C<=K /K8E;8I; ?8M@E> 9<<E @E K?< :FIGFI8K< J<:KFI
X><FY CF8; J?<;;@E> 8K 8IFLE; D@; ?8IK<I<; =FI 8I:C8PJ 8E; @J NFIB@E> K?<J< D8EP P<8IJ J?< @J ?8GG@CP K8B
E@>?K @E =IFEK F= DP EFK<9FFB =8:@E> K?<I< 8J ,FC@:P )8E8><I =FI LJ@E<JJ @E> K@D< F== 9<@E> 8 =LCC K@D< G8I<EK
8CC F= /8=@YJ ?8I; NFIB ?< G8@E=LCCP =FC ,<IJFE8C (F8EJ $< 8E; ?@J N@=< #F; 9C<JJ "8@Q8 *8;@8
CFN<; DP @EJKIL:K@FEJ 8E; GIFM@;<; 8CJF 9<:8D< =@IJK K@D< GIFL; G8I<EKJ
D< N@K? 8CC K?< E<:<JJ8IP ;<K8@CJ KF F= 8 ?<8CK?P 989P 9FP 1JD8E N?F @J 0?< DFJK J?F:B@E> F= 8CC E<NJ @E
:FDG@C< K?@J 8E; JF ?<I< >F<J K?< 8 =<N N<<BJ FC; 8J F= EFN N8J K?< D8KI@DFEP F= DP <M<I
:FLGC< 9P -.0->- 8E; "91> 8;FI<; =I@<E; '-59A> )8IP8D
N?F 8GG<8I DFI< @E CFM< <8:? K@D< % "LIK?<IDFI< +-??1> A9-EA: 9@; >I8:<; ?@J C@=< @E <:<D9<I 8E;
D<<K K?<D N<C:FD<; K?<@I J<:FE; 8;@<L KF C@=< @E (8?FI< ,8B@JK8E =FI 8 08@DLI CFFBJ <M<IP 9@K 8 :FEK<EK<;
989P 8E; =@IJK JFE )LJK8=8 @EKF K?<@I CL:I8K@M< 98EB@E> GFJ@K@FE N@K? /8L;@ 8E; 8 =FIKLE8K< D8E $< 8CJF >FK GIF
?8GGP ?FD< K?@J P<8I 9P :FEK@EL<J "I8E:@ @E .@P8;? % JK@CC I<D<D9<I K?< DFK<; KF )8E8><I 28CL< ;;<;
KF 9< 8 ;<MFK<; N@=< 8 ;FK@E> JLDGKLFLJ 8E; K8JKP ;@EE<IJ ?< /<IM@:<J @E K?< ,IF;L:KJ ,C8K=FIDJ
DFK?<I 8E; 8 >I8:@FLJ ?FJK KF 8CC F=K<E FI>8E@Q<; 8K ?@J <=<E:< ?FLJ< <G8IKD<EK F= 0<C<EFI N?@:? :FD<J
K?FJ< K?8K M@J@K ?<I @E %JC8D898; ;LI@E> FLI KNF P<8IJ F= ) > N@K?@E 8 P<8I F= ?@J <8IC@<I GIFDFK@FE
&4->5= 8CJF :FEK@EL<J KF K?I@M< @E
K?< 0<C<:FDDLE@:8K@FEJ /<:KFI ?<
I<:<EKCP >FK GIFDFK<; 8J K?< .<
>@FE8C )8E8><I /8C<J @E 38I@; K K?<
Class notes
/, /8?@9 @J K?I@M@E> @E K?< C8N <E
=FI:<D<EK =FI:<J ?< @J NFIB@E> 8J
K?< //, %EM<JK@>8K@FEJ 98J<; FLK F=
(8?FI<
:@KP F= )LCK8E 8CFE> N@K? ?@J N@=< 8E;
KNF CFM<CP :?@C;I<E )8?EFFI 8E;
8EP8C 8E; =F:LJ FE ?@J =8D@CP 9LJ@
E<JJ 9>-: 4A>>-9 @J M<IP DL:?
=8D@CP =IFEK ?@J =@IJK 9FIE 8E; EFN 8 @EMFCM<; @E ?@J 9LJ@E<JJ 8E; @J GIFJ
9L99C@E> P<8I FC; /?8EQ8P B<<GJ +E K?< FK?<I ?8E; &4->5= @J D8B G<I@E> 8J N< 8CC BE<N ?< NFLC;
;8;;P ;<8I FE ?@J KF<J 9LK F= :FLIJ< @E> JLI< K?8K 8CC F= ?@J JJ@JK8EK I8E; >@M<E ?@J J?8IG 8E; 8E8CPK@:8C 9LJ@
FECP N?<E ?@J 8;FI89C< N@=< '@EQ8 8C )8E8><IJ ;<C@M<I 8J G<I K?< >L@;< E<JJ D@E; A@-45> 8CJF N<EK 98:B
CFNJ @K 9<@E> 8E 8KK<EK@M< DFK?<I 8J C@E<J J<K 9P ?@D 8J K?< I8E; )8E KF ?@J =8D@CP 9LJ@E<JJ 8=K<I >I8;L8K@E>
J?< @J 0?< I@M8CIP @E K?< 0<C<:FD J<: 8><I =FI LC@E8IP @E *<JKC< KIL< =IFD (1)/ 8E; @J ?8GG@CP K8B@E> @K KF
KFI @J 8CDFJK 9IFL>?K =LCC :@I:C< N@K? X%JC8D898;@Y 8K ?<8IK /?8I@H ) ?8J E<N 8M<EL<J 4910 ->;;= ?8J
A??-5: I@J@E> KF )8E8><I /KI8K<>P 8;ALJK<; N<CC KF C@=< @E (8?FI< N@K? ?@J 8=K<I K?<J< P<8IJ N@K?@E K?< FIGF
,C8EE@E> @E 1=FE< @E ?@J 8E; 8 ?8C= :?8ID@E> N@=< 68ID<<E 8E; :LK< I8K< /<:KFI ;<:@;<; KF KIP ?@J ?8E;
P<8IJ K?<I< $< I<D8@EJ 8 98:?<CFI ;8L>?K<I !D8E A?@-2- KFF @J 8K 8 GI@M8K< M<EKLI< 8E; @J EFN @E
8E <C@>@9C< FE< @= % D8P 8;; EFK?<I ;F@E> N<CC 8K *<JKC< 8E; ?8J I<:<EKCP MFCM<; @E K?< 9LJ@E<JJ F= FEJKIL:
JL@K89C< 98:?<CFI KF ;8K< 85 9>-: 9<<E GIFDFK<; KF 8K<>FIP )8E8><I K@FE $< JK@CC C@M<J @E (8?FI< N@K? ?@J
BEFNE =FE;CP 8J "8DM@: @E K?< 98K:? @E :FEALE:K@FE N@K? <EAFP@E> C@=< 8J 8E N@=< 8E; KNF B@;J )8IP8D 8E; %=I8?
F= Y @J ;F@E> I<8CCP N<CC 8J K?< 0<I 8KK<EK@M< ?LJ98E; 8E; 8 ;<;@:8K<; 08I@H $8JJ8E @J 8CJF ?8GG@CP J<C= <D
I@KFIP /8C<J /LG<IM@JFI @E 0<C<EFI =8K?<I GCFP<; 8E; @J ILEE@E> KNF :FE:<IEJ
/@8CBFK E; F= :FLIJ< % ;<:@;<; KF J@DLCK8E<FLJCP FE< @J 8 =@ID K?8K GIF
C<K @K 9< X8 =8@I >IFLE;Y =FI DP :FLE -49;;0 :?8E><; AF9J JFD<K@D< M@;<J K<:?EFCF>@:8C JFCLK@FEJ =FI K?<
K<IG8IKJ @E K?@J @E;LJKIP 8E; ?<E:< 8>F ?< I<D8@EJ @E K?< 98EB@E> J<:KFI :FDDLE@:8K@FE E<<;J F= :FIGFI8
EFK FECP DFM<; J<:KFIJ 9LK 8CJF 9LK ?8J DFM<; =IFD /K8E;8I; ?8I K@FEJ 8E; K?< FK?<I @J ?@J CFE> <JK89
:@K@<J % C<=K 0<C<EFI 8E; C@=< @E %JC8D K<I<; KF /8L;@ ,8B FDD<I:@8C 8EB C@J?<; =8D@CP K<OK@C< 9LJ@E<JJ E;
898; =FI 8 :8I<<I @E <;L:8K@FE 8E; 8E; :FEK@EL<J KF C@M< @E %JC8D898; C8JKCP 91> ?42-= 8CJF N<EK @EKF
NI@K@E> @E DP XGC8:< F= FI@>@E Y (8?FI< N@K? ?@J N@=< 8E; JFE "8I@J &4A6- NFIB@E> =FI ?@DJ<C= $< :LII<EKCP ILEJ
K?8K @J ?8J 8CJF J?@=K<; AF9J =8@ICP JFFE ?< 8E @EK<>I8K<; D8E8><D<EK J<IM@:<J
C<=K 8CK<O =FI /?<CC 8E; @J EFN 98J<; =@ID 98J<; FLK F= '8I8:?@ 8E; @J 8CJF
$FN<M<I % :8EEFK K8B< DP C<8M< F== @E /8I>F;?8 +E K?< G<IJFE8C =IFEK <EAFP@E> 8 ?8GGP D8II@<; C@=< N@K? ?@J
K?< NFIC; F= 0<C<:FDDLE@:8K@FEJ ?< 8CJF >FK D8II@<; K?@J P<8I 8D@;JK GI<KKP N@=< 8E; KNF 8;FI89C< B@;J
N@K?FLK 9I@E>@E> LG FLI 8CN8PJ ?<C; DL:? X=LE 8E; =IFC@:Y 8E; >8M< DFJK .8DC8? 8E; )8E88C /8CLK< KF PFL CC
@E X8N<Y -C-0 #-A8 DFJK :FD F= K?< Y D<E 8 :?8E:< KF <EAFP
DFECP I<=<II<; KF 8J &, J 8E @EK<>I8C K?<DJ<CM<J 8K ?@J N<;;@E> @E 99 -??-: !-?5> @J JK@CC >F@E> JKIFE> @E
G8IK F= K?< ,8B@JK8E 0<C<:FDDLE@:8 FK898; += :FLIJ< K?@J N8J EFK K?< K?< ,?8ID8:<LK@:8C %E;LJKIP 8E; @J
K@FEJ LK?FI@KP ,0 &, :FEK@EL<J @E FECP N<;;@E> K?@J P<8I N?<I< K?< Y ;F@E> N<CC NFIB@E> =FI 8 "I<E:?
?@J I<>LC8KFIP IFC< FLKJ@;< F= K?< X>LPJY XC<K ;FNE K?<@I ?8@I Y K?<P ?8; ,?8ID8 @JKI@9LKFI 9P K?< E8D< F=
) :C8JJ 8E; >L8I8EK<<J K?8K K?< 8E <HL8C 8DFLEK F= =LE 8K 0118 /LIM@<I $8JJ8E JK@CC C@M<J @E (8?FI<
0<C<:FD J<:KFI JK8PJ N@K?@E K?< A@@H? N<;;@E> @E (8?FI< ;<<C :FE N@K? ?@J =8D@CP A> @J K?I@M@E> @E K?<
9FLE;8I@<J ;<=@E<; 9P ,0 $< KFF K@EL<J KF GIFJG<I @E ?@J =8D@CP 9LJ@ 98EB@E> J<:KFI JK@CC 8E; ?8J 9<<E
C@M<J @E K?< J<I<E< :@KP F= %JC8D898; E<JJ 8IIP 8CJF K@<; K?< BEFK K?@J P<8I NFIB@E> 8K $/ (8?FI< K?@J C8JK FE<
N@K? ?@J <M<I GI<KKP N@=< 8E; CFM<CP @E '8I8:?@ $@J N<;;@E> N8J 8E 8==8@I P<8I $< I<D8@EJ 8 98:?<CFI KF ;8K<
KNF :?@C;I<E .8@E8 8E; )L?8DD8; KF I<D<D9<I 8E; 8J /8=@ GIF:C8@DJ 8E; P<J 8 JL@K89C< FE< =FI K?FJ< @E
VK?< =FF; N8J ;@M@E< W ->>E @J =CFLI K<I<JK<;
!;218 @J ;F@E> LJ GIFL; @E K?< FI @J?@E> @E ?@J =8D@CP 9LJ@E<JJ F= I<K8@C
GFI8K< /<:KFI 8E; I<:<EKCP >FK GIF @E> F= 9I8E;<; >C8JJ<J 8E; N8K:?<J 9>-: -501> @J <EAFP@E> C@=< 8J 8
DFK<; KF #<E<I8C )8E8><I 3<8CK? $8GGP D8KI@DFEP KF /?LA8 ;<<C '<P ::FLEKJ )8E8><I =FI !E>IF
)8E8><D<EK @E K?< ?<8; F==@:< F= 8E; 8IIP -4-:F1. FI & I8K?<I =FI "FF;J %DI8E @J 98J<; @E (8?FI< N@K?
/K8E;8I; ?8IK<I<; '8I8:?@ % ?8; Y @J K?< GIFL; =8K?<I F= FE< *<IP ?@J N@=< 8E; KNF 9<8LK@=LC :?@C;I<E
K?< GC<8JLI< F= D<<K@E> ?@D 8 =<N D8E 8E; @J ;F@E> M<IP N<CC @E ?@J =8D /?8P88E 8E; /?8=@8 ,A8=-0->
DFEK?J 98:B 8E; @K N8J >I<8K KF J<< @CP 9LJ@E<JJ F= :FEJKIL:K@FE & DFM<; KF )LCK8E =IFD (8?FI< @E K?<
?@D JK@CC @E JG@I@KJ <EAFP@E> C@=< 8J :FEK@EL<J KF C@M< @E ?@J ?FD< KFNE F= C8JK P<8I $< ?8J 9<<E NFIB@E> :FE
DL:? 8J GFJJ@9C< *F=<C @J K?< =8K?<I %JC8D898; ,-5: 8CJF :FEK@EL<J KF C@M< J@JK<EKCP 8K @K@ 8EB =FI K?I<< P<8IJ
F= KNF 8L; !<J8 N?F 8I< @E ?@J GC8:< F= FI@>@E "8@J8C898; 8E; 8E; ?8J EFN 9<<E D8;< K?< 1E@K
8;FI89C< B@;J =IFD N?8K % ?<8I 6LC @J 9LJP N@K? ?@J =8D@CP 9LJ@E<JJ $<8; > &-89-: 8CJF DFM<; :@K@<J
=@H8I $8D<<; LJL8CCP 8;;I<JJ<; 8J *-=-? KFF :?FJ< KF JK8P @E ?@J E8K@M< ?< I<CF:8K<; KF '8I8:?@ =IFD (8?FI<
Class notes
N@K? ?@J ;F:KFI N@=< /8I8? 8E; @J
GI<J<EKCP <DGCFP<; 9P <:KFE @:B
@EJFE -40 ?8J 9<<E :FEJK8EK @E ?@J
:8I<<I :?F@:<J 8E; ?8J 9<<E :FEK<EK
<M<IP 9@K 8 KI<8K =FI @K KFFB D< 98:B
KF DP NFE;<I=LC ) P<8IJ 8K (1)/
% 8D >C8; KF ?8M< 9<<E 8 G8IK F= JL:?
8E 89C< 8E; ><EL@E< >IFLG F= G<F
NFIB@E> =FI +I8:C< 8J .<>@FE8C )8E
8><I /LGGFIK /<IM@:<J =FI K?< / .
9<CK /?< @J 98J<; @E '8I8:?@ 8E; K?<
GIFL; DFK?<I F= KNF 9<8LK@=LC B@;J
<;CP NFIB@E> 8K L ,FEK 8J K?< LJ@ GC< (@M< FE ) FE< 9FP 8E; FE< >@IC F4-> 7>-9
E<JJ <M<CFGD<EK )8E8><I K?<J< NFIBJ =FI K?< /PE;@:8K<; (F8EJ
C8JK =FLI P<8IJ $< @J C@M@E> @E (8?FI< ><E:P +G<I8K@FEJ <G8IKD<EK
N@K? ?@J N@=< 8E; KNF B@;J %9I8?@D /KIL:KLI<; "@E8E:< @M@J@FE F=
8E; %J?D8<C 8EHL< /8L;@ "I8EJ@ 8E; @J 98J<; @E
.@P8;? $< @J <OG<:K<; KF C<8M< K?<
-91> -5F @J <DGCFP<; 9P <J:FE 98:?<CFI :CL9 8EPK@D< JFFE 11:5?4
+OP:?<D 8J K?<@I )8IB<K@E> )8E8><I 336(-2%836 ..-? -857 ?8J 9<<E 9C<JJ<; N@K?
8E; @J <EAFP@E> ?@J GFJ@K@FE <M<IP 9@K 92))& !%,%( ,%2 8 989P >@IC 8E; <EAFP@E> 9<@E> 8
8J ?< GFJJ@9CP :8E $< :FEK@EL<J KF ?FLJ<N@=< KF K?< =LCC<JK -40 %1-F
C@M< @E (8?FI< N@K? ?@J =8D@CP 9>-: 1-6%8)7 28)+6%8)( )0)'31 @J C<8;@E> 8 ?8GGP D8II@<; C@=< 8E; @J
&->0-> DFM<; AF9J 8 =<N DFEK?J 192-'%8-327 314%2< 98J<; @E L98@ $< NFIBJ =FI *FFI
8>F $< C<=K ,?@C@GJ =FI 8 :8I<<I @E 92))& !%,%( (9 %) %JC8D@: 8EB 8J 8 /<E@FI ,IF;L:K )8E
J8C<J @E ,0 ( 8E; @J :LII<EKCP 8 /<E@FI 8><I -40 &-8-9 NFIBJ =FI !D@I8K<J
)8E8><I F= ;@I<:K J8C<J K?<I< &-59- 0:-: ,-450 @J 8 :8E;@;8K< =FI ,? %JC8D@: 8EB @J 98J<; @E 1 ! 8E; JK@CC
?8J 9<<E >F@E> JKIFE> 8K $89@9 8EB @E 8 KFG EFK:? 1E@M<IJ@KP @E 1' 8E; :FEK@EL<J KF 9< 8DFE> K?< DFJK <C@>@
(@D@K<; $ ( 8E; @J F= K?< M<IP =<N N<;;@E> 9<CCJ =FI ?@D J<<D 8IFLE; 9C< 98:?<CFIJ ->-F &5005=A5 D8;<
N?F ?8M< 9<<E LEJN<IM@E> N@K? K?<@I K?< :FIE<I 49-0 &-110 '-45> @J ?@J :8I<<I DFM< 8E; K?< E<N /<K?
=@IJK <DGCFPD<EK :?F@:<J /8@D8 @J JK@CC NFIB@E> N@K? $ ( @E (8?FI< 8E; K?8K ?< NFIBJ =FI @J BEFNE KF 8CC 8J
EFN 8 /<E@FI .<C8K@FEJ?@G )8E8><I <EAFP@E> ?@J D8II@<; C@=< $< ?8J 9<<E )@:?8<C <CC FE>I8KJ "8I8Q 8E; N<
FIGFI8K< 8EB@E> 98J<; @E K?< ?<8; E@:B E8D<; #8I=@<C;W 9P ?@J =<D8C< 8I< CFFB@E> =FIN8I; KF 9LP@E> ;@J
F==@:< F= $ ( @E ?<I ?FD< KFNE F= 9FJJ 8E; K?LJ @J BEFNE 9P K?< J8D< :FLEK<; <CC ?8I;N8I<
'8I8:?@ %1FC-:- @J =CFLI@J?@E> E8D< KF 8CC ?@J :C@<EKJ 5F- &4-25= @J
N@K?@E K?< #FM<IED<EK /<:KFI 8E; @J NFIB@E> ;8P @E 8E; ;8P FLK KF @E -@14 A4-99-0 @J K?< % J<:
EFN NFIB@E> 8J 8 ,IFA<:K @I<:KFI :I<8J< /8DJLE> J D8IB<K J?8I< @E ,8B FE; @E :FDD8E; 8K *8K@FE8C 8EB F=
N@K? $@>?<I !;L:8K@FE FDD@JJ@FE @JK8E 85 7.-> @J JK@CC N@K? *<JKC< "LA8@I8? 8E; @J 98J<; @E L98@ A8
$! 98J<; @E %JC8D898; -??-: N?<E 8CDFJK 8CC FK?<I :C8JJ =<CCFNJ A4-> 4-: @J 9LJP D8B@E> $89@9
,A.-5> @J ?8M@E> 8 >I<8K K@D< :FD ?8M< FGK<; =FI FK?<I FGGFIKLE@ 8EB K?< E<N /K8E;8I; ?8I
DLK@E> 98:B 8E; =FIK? 9<KN<<E (8 K@<J $@J CFP8CKP :FLGC<; N@K? K<I<; 9P C<M<I8>@E> ?@J <O
?FI< '8I8:?@ 8E; '89LC 8J ?@J AF9 8K ?8I; NFIB ?8J D8;< ?@D 8CC G<I@<E:< 8E; C<8IE@E> 8K
(<M@J ;<D8E;J $< @J 98J<; @E (8?FI< @E 8CC F= K?< JLGGCP :?8@E ?@J GI<M@FLJ <DGCFP<I
K?FL>? N?<I< ?< C@M<J N@K? ?@J =8D@CP =LE:K@FE 8K *<JKC< 85 -?:-@ 4910 -501>
N?<E ?< @J EFK F==@:@8CCP KI8M<CC@E> ?-0 ?8J N8JK<; EF @J EF CFE><I <@K?<I NFIB
58-8 4910 4-: @J 8CJF C@M@E> @E (8 K@D< @E C<8M@E> /K8K< @E> =FI FI 8J 8 9LJ@E<JJ
?FI< 8E; NFIB@E> 8J K?< #IFLG 8EB 8=K<I K?< <OG@IP F= G8IKE<I F= *<JKC< $< @J
I8E; )8E8><I =FI $' E; C8JKCP ?@J 9FE; 8E; @J EFN K?< K?< GIFL; =8K?<I F= 8
,-411> &-45. N?F AF@E<; FLI 98K:? $<8; F= FDGC@8E:< 8K 8 :LK< 989P >@IC 8E; 8JJ@JKJ
=FI FE< HL8IK<I @E K?< J<:FE; P<8I @J NFF; %JC8D@: 8EB $< @J ?@J N@=< N@K? ?<I A<N<CC<IP
GI<J<EKCP K?< /<E@FI I8E:? ?@<= F= 98J<; @E '8I8:?@ 8E; <EAFP ;<J@>EJ %= K?< >I8G<M@E< @J
8EB C $89@9 @E '8I8:?@ @E> D8II@<; C@=< N@K? 8 JFE KF 9< 9<C@<M<; ?< 8CJF ILEJ
8E; 8 ;8L>?K<I 8E <M<EK D8E8><D<EK :FD
1E=FIKLE8K<CP /8=@ 8E; DPJ<C= ?8M< G8EP A9- 4-850 ?8J G8IK<;
EFK 9<<E 89C< KF >8K?<I @E=FID8K@FE 85 &5005=A5 ?8J ;<:@;<; KF JK8P 8K N8PJ N@K? "8PJ8C 8EB 8E; EFN
FE &A.-?-: 8E; ->A:A> %-?450 KF 0<KI8 ,8B =FI JFD<K@D< $@J <8IC@<I NFIBJ =FI K?< FIGFI8K< 8EB@E>
;8K< 8CC % BEFN 89FLK $8ILELI JK@EKJ @E K?< 98EB@E> 8E; :FC8 =FF; #IFLG 8K $ ( /?< J?8I<J K?< J8D<
K?FL>? @J K?8K ?< @J :LII<EKCP NFIB@E> @E;LJKIP ;@;EYK @EK<I<JK ?@D DL:? =CFFI N@K? #8I=@<C; ?D<; 9LK
@E ?@KK8>FE> ?-0 :-E-@ ?8J C<=K 0<C<EFI 8E; NFE;<IJ @= #8I=@<C; 8E; ?<I :C8JJ =<C
EFN @J 98J<; @E .@P8;? $< NFIBJ =FI CFN ?D<; @J K?< J8D< G<IJFE
,?<NT=@E8CCP 8E 8:?@E> 98:B 8E; 8 )F9@CP !K@J8C8K J JL9J@;@8IP @E /8L;@ -?452 4-8118 >FK D8II@<; C8JK <
K@I<; ?<8; =FI :FDGFJ@E> K?@J G@<:< I89@8 8J )8E8><I 28CL< ;;<; :<D9<I 8E; @J C@M@E> @E .8N8CG@E;@
K?<J< C8JK KNF ?FLIJ 8K 8 JKI<K:? 9LK /<IM@:<J 8K8 E1?4- *-450 @J N@K? ?@J DFK?<I 8E; N@=< &F@E D< @E
:FE>I8KLC8K@E> ?@D FE ><KK@E> GIF
DFK<; =@IJK =IFD I<8 /8C<J )8E8><I
%JC8D898; .8N8CG@E;@ KF '<P :
:FLEKJ )8E8><I =FI *FIK? ,8B@JK8E
Class notes
E<P =IFD >FF; KF >I<8K :FEK@EL<J
8E; 8=K<I JG<E;@E> K@D< N@K? <J:FE
JB8I@ 8EB 8E; @E #IFLG @= K?<
>I8G<M@E< @J KF 9< 9<C@<M<; ?< EFN
=I<< K@D< @J JG<EK @E JN@DD@E> ?FIJ<
I@;@E> 8E; 8;M<EKLI< JGFIKJ < >
:8EPFE@E> 9LJ?N8CB@E> J8@C@E> <K:
$< N8EK<; ?@J =8MFI@K< HLFK< KF 9<
8E; K?<E =IFD '<P ::FLEKJ )8E ?8E; G@:BJ =LKLI< :FIGFI8K< C<8;<IJ J?8I<; N@K? FK?<IJ V% 9<C@<M< K?8K
8><I KF ?@CC<; 8@IP )8E8><I N@K?@E 9P I<E;<I@E> ?@J J<IM@:<J =FI 8 I<:IL@K <M<IP I@>?K @DGC@<J 8 I<JGFEJ@9@C@KP
*<JKC< % NFE;<I ?FN .@QN8E Q@Q D<EK 8><E:P A4-99-0 4A>>-9 <M<IP FGGFIKLE@KP 8E F9C@>8K@FE
=<<CJ ?8M@E> '8J?@= FE< JK<G 89FM< *->-5/4 @J ?8GG@CP D8II@<; 8E; <M<IP GFJJ<JJ@FE 8 ;LKPW &F?E
?@D FE K?< :FIGFI8K< C8;;<I F= *<J 98J<; @E %JC8D898; NFIB@E> =FI )F .F:B<=<CC<I !-05- *-?59 @J N@K?
KC< N?<I<8J C8JK P<8I @K N8J ILDFI<; 9@C@EB 8J )8E8><I LJ@E<JJ ,C8EE@E> /?<CC 8E; ?8J I<CF:8K<; N@K? ?<I ?LJ
K?8K .@QN8E N8J ?@J 9FJJ +L:? A4-99-0 &4-450 $A>1?45 @J 8 98E; 8E; :?@C; KF '8I8:?@ !-05-
,? :8E;@;8K< 8K 8 1E@M<IJ@KP @E /@E *5885-9? ?8J :FD< 98:B =IFD ?<I 8J
->5-9 $-5?1> ?8J G8IK<; N8PJ >8GFI< 8E; @J <OG<:K<; KF K8B< FM<I J@>ED<EK @E 0?8@C8E; N@K? 1E@C<M<I
N@K? *<JKC< 8E; EFN NFIBJ =FI ,<GJ@ #%"0 8J @KJ 2 LGFE ?@J I<KLIE *FK FECP ?8J J?< :?8E><; ?<I 98J<
"FF;J 8J I8E; )8E8><I /E8:BJ /?< A4-99-0 &4;-5. @- 4-: K@CC :@KP 9LK 8CJF DFM<; LG K?< :8I<<I
@J JK@CC 98J<; @E (8?FI< ;4-99-0 K?< =@C@E> F= K?<J< :C8JJ EFK<J N8J C8;;<I N@K? 8 E<N <DGCFP<I /?< @J
,A8527-> 85 4-: ?8; K?@J KF J?8I< N@K? *<JKC< NFIB@E> 8J I<8 /8C<J CFFB@E> 8=K<I LJ@E<JJ <M<CFGD<EK
3?<E C@=< >@M<J PFL 8 ?LE;I<; I<8 )8E8><I (8?FI< $< @J D8II@<; 8E; =FI /K8E;8I; ?8IK<I<; ,8B@JK8E EFN
JFEJ KF :IP N< J?FLC; K?8EB K?< (FI; K?< GIFL; =8K?<I F= 8 :LK< ;8L>?K<I %-.5- 4-: ?8J I<CF:8K<; KF 0FBPF
=FI K?< K?FLJ8E;J F= I<8JFEJ N< $< ?8J ?@J <P<J FE ><KK@E> C8LI<CJ 8K 8=K<I ><KK@E> D8II@<; 8E; ?8J 9<<E
?8M< KF JD@C< %E 8E <I8 F= C8PF==J *<JKC< J@D@C8I KF K?< FE<J ?< 9C<JJ<; N@K? 8E 8;FI89C< 989P >@IC
NI@K< F==J 8E; =C@G F==J % D >C8; KF 8:?@<M<; 8K ,<GJ@ "FF;J
JK@CC 9< 8K /K8E;8I; ?8IK<I<; @E %5FC-: F5F 4-: @J NFIB@E> =FI
L98@ =FI K?@I; :FEJ<:LK@M< P<8I @E A4-9910 85 4-: @J >I8:@E> 0< *<JKC< $< K?@EBJ K?8K '8J?@= '?8C@C
=8:K 8K K?@J I8K< % K?@EB % D@>?K HL8C@=P C<EFI N@K? ?@J J<IM@:<J 8E; :FEJ@;<IJ J?FLC; :FE:<EKI8K< FE NFIB 8E; EFK
=FI K?< CFE> JK8E;@E> <DGCFP<< F= @K KF 9< K?< 9<JK :FDG8EP @E K?< JGI<8; ILDFIJ 89FLK ?@J GIFDFK@FE
8N8I; 8K FLI P<8I I<LE@FE NFIC; ALJK C@B< ?< ?8J 8CN8PJ :FEJ@; .FC< :?8E><J 8I< *+0 GIFDFK@FEJ
3?8K F;;J :FLC; 8EPFE< ?8M< >FK <I<; ?@J :LII<EK <DGCFP<I KF 9< K?< 8E; N@K? G<IJ@JK<EK <==FIKJ 8 GIFDF
K<E FE K?8K A4-99-0 058 - 9<JK $< N8J M<IP K@:B<; F== 89FLK K@FE N@CC :FD< K?IFL>? .@QN8E @J
:112H? CFP8CKP KF )F9@C@EB :FEK@EL<J ?@J E8D< EFK 9<@E> @E K?< :C8JJ EFK<J ?8GG@CP J@E>C< 9LK >@ICJ @E %JC8D898;
@E K?< :8G8:@KP F= $<8; F= %EK<IE8 =FI 8E; J8@; JFD<K?@E> KF K?< 8I< KIP@E> K?<@I 9<JK KF =8CC @EKF ?@J
K@FE8C .F8D@E> 3<;;@E> 9<CCJ D@>?K <==<:K F= J?8B@E> K?< =FLE;8K@FEJ F= M<IP I<JKI@:K@M< I<HL@I<D<EKJ F= 8
9< 8IFLE; K?< :FIE<I =FI ?@D N?@:? (1)/ $FN<M<I K@CC C8JK E<NJ K?< 9I@;< %5FC-: 4A34@-5 @J :<EKI8C
:8E C<8; KF ?@J 9@;;@E> =8I<N<CC KF =FLE;8K@FEJ F= (1)/ N<I< 8J 98EB J =I@<E; @E;<<; 8E; ;F<J EFK
K?< D8IB<K C<8;<I A4-99-0 JKIFE> 8J <M<I $< @J 98J<; @E %JC8D J<<D KF ?8M< 8EP @EK<EK@FEJ F= C<8M
-4-0 +;A?-2 @J @E 6FE>@JK8E NFIB 898; 8E; @J M<IP K?8EB=LC =FI ?@J @E> /K8K< 8EB $< @J NFIB@E> 8J 8
@E> 8J I8E; )8E8><I 6+*# 8E; CFM<CP ;8L>?K<I 8E; ?8GG@CP D8II@<; &F@EK @I<:KFI @E 8EB@E> /LIM<@CC8E:<
98J<; @E %JC8D898; *FK FECP @J ?< C@=< A:11. *-4-0 4-: @J NFIB <G8IKD<EK +E K?< =8D@CP =IFEK ?<
<EAFP@E> ?@J D8II@<; C@=< 9LK 8CJF K?< @E> 8J )8E8><I /KI8K<>@: )8IB<K@E> @J <EAFP@E> C@=< N@K? ?@J KNF E8L>?KP
K<C<:FD 8;M<IK@J@E> N8I KF K?< =LCC<JK =FI ;L K<C<:FD 1 ! J E; K<C:F FG KF;;C<IJ 8E; @J 98J<; @E '8I8:?@ &-2
<I8KFI 8E; @J 98J<; @E L98@ CC8? 0-> A??-5: @J NFIB@E> 8K C .<?D8K
A4-99-0 -9F- 81195 @J N@K? ?8J J?FN<I<; ?@D N@K? 9C<JJ@E>J 0<OK@C<J 8J @M@J@FE8C $<8; #8ID<EKJ
38K<<E 0<C<:FD NFIB@E> 8J V8JJ@JK8EK 9FK? FE G<IJFE8C 8E; GIF=<JJ@FE8C (8JK P<8I ?< G8@; JFD< J8C<J :8CCJ KF
D8E8><I ( % I<K8@CW $< @J M<IP ?8GGP =IFEKJ ;LI@E> K?< C8JK P<8I $< @J GC8E GIFJG<:KJ @E 1/ 8 J<M<E ;8PJ KI@G
K?<J< ;8PJ 9<:8LJ< ?< ?8J =@E8CCP E@E> KF ><K D8II@<; @E 8E; CFFB KF 2<>8J J@E :@KP 8E; 38J?@E>KFE
=FLE; JFD<FE< KF JG<E; K?< I<JK F= @E> =FIN8I; KF :FEK@EL< 9<E<=@KK@E> CK?FL>? LJ? D8;< D8EP I<HL<JKJ
?@J C@=< N@K? ?< N8J ><KK@E> D8II@<; =IFD K?< K<C<:FD 9FFD @E K?< )@;;C< KF J<< ?@D 9LK ?< J8@; *+ E; @E
9P K?< <E; F= )8P A4-9 !8JK I<>@FE )8I:? ?< N<EK KF !LIFG< #<I
9-0 9>-: -F-8 @J JK@CC N@K? ,0 D8EP "I8E:< LJKI@8 8E; D<K N@K?
?FN<M<I ?@J G8K@<E:< ;LI@E> ?@J JK8P A>-0 &-89-: 5>F- @J NFIB@E> 8J JFD< F= K?< 9<JK 8E; 9@>><JK 9I8E;J
8K /8I>F;?8 ?8J 9<<E I<N8I;<; N@K? 8E +I>8E@Q8K@FE8C <M<CFGD<EK FE $< K?FIFL>?CP <EAFP<; <M<IP 9@K F=
8 GFJK@E> @E (8?FI< 0?< (8?FI@ JLCK8EK N@K? K?< 1E@M<IJ@KP F= /P;E<P K?< <OG<I@<E:< &-59- 4-: NFIBJ
%JCFF >@ICJ N<I< 8CC ?<8IK9IFB<E 8=K<I $< @J <EAFP@E> ?@J JK8P @E LJKI8C@8 9P =FI 0<C<EFI 8E; @J 98J<; @E
?< D8;< ?@J <E>8><D<EK GL9C@: KI8M<C@E> KF E<N GC8:<J 8E; C<8IE@E> %JC8D898; /?< @J 8CC J<K KF 9<:FD<
A4-99-0 -B-50H? ;F:KFI AFLI 89FLK ;@==<I<EK :LCKLI<J )FJK F= ?@J K?< PFLE><JK D8E8><I 8K 0<C<EFI 8E;
Class notes
8;; 8EFK?<I =<8K?<I KF ?<I :8G 8=K<I
K?< LEF==@:@8C K@KC< F= PFLE><JK )
KF ?8M< >I8;L8K<; =IFD (1)/
&4;-5. C-: NFIBJ =FI K?< FIGF
I8K< 8EB@E> @M@J@FE F= !D@I8K<J 8EB
8E; @J 98J<; @E L98@ $@J 8;FI89C<
JFE @J ><KK@E> I<8;P =FI (1)/ K?FL>?
@E '8I8:?@ 0?< E<OK ;8P K?< :@KP N8J
89C8Q< 8E; <M<IPK?@E> N8J FE =@I<
0?<I< E<M<I N8J FI N@CC 9< 8 DFI< <C
@>@9C< 98:?<CFI 58N<I @J JK@CC N@K?
&-89-: 4-:5 A@@ @J N@K? , # @K NFLC; K8B< ?@D ;<:8;<J 9<=FI< .<:B@KK 8E; ;<JG@K< )FJG<C EFK B@CC@E>
NFIB@E> 8J 8 I8E; )8E8><I =FI /8=< ?@JKFIP I<G<8KJ @KJ<C= 8E; (1)/ 8 J@E>C< DFJHL@KF @E ,8B@JK8E K?< <E
>L8I; $< JC<<GJ <M<IP E@>?K E<OK KF <:?F<J N@K? % ;@J8>I<< &;4-58 K@I< P<8I 58N<I :FEK@EL<J KF D8IB<K @K
FDD8E;<I /8=<>L8I; =FI GIFK<:K@FE A9@-F -6C- @J NFIB@E> @E *0 JF N<CC K?8K @K @J K?< C<8;@E> 9I8E; =FI
=IFD ><IDJ 8E; I<:FDD<E;J K?8K (8?FI< 8E; I<JGFEJ@9C< =FI GIF:LI< K?< :FDG8EP '-45> &4-959 @J ?8G
FK?<IJ ;F K?< J8D< &-89-: -211F D<EK F= >FF;J 8E; J<IM@:<J =FI ;@= G@CP D8II@<; 9C<JJ<; N@K? 8 JFE 8E;
?8J ;<MFK<; 8CC ?@J <E<I>@<J KF ?@J =<I<EK C8I>< GIFA<:KJ G<IK8@E@E> KF C@M@E> @E (8?FI< $< @J NFIB@E> 8J
9LJ@E<JJ N@K? ?@J G8IKE<I 998J $< KI8EJD@JJ@FE C@E<J 8E; >I@; JK8K@FEJ $LD8E .<JFLI:< LJ@E<JJ )8E8><I @E
@J ?8GG@CP D8II@<; 8E; 98J<; @E (8 FE %EK<IE8K@FE8C FDG<K@K@M< 98J@J 1E@C<M<I ,8B@JK8E CFFB@E> 8=K<I 38CCJ
?FI< &-9-> ->F-:0 !-69A005: @J 9<@E> =@E8E:<; 9P J@8E <M<CFG %:< I<8D "8:KFIP 1E@C<M<I "FF;J
EF CFE><I @E ,8B@JK8E $< >FK 8 $/), D<EK 8EB 3FIC; 8EB 8E; FK?<I @E (@D@K<; 8E; '?8E<N8C 0<8 "8:KFIP
M@J8 8E; @= JFD< LE;@J:CFJ<; JFLI:<J K<IE8K@FE8C ;FEFI 8><E:@<J $< EFN (?9-: -49;;0 >FK D8II@<; I<
8I< KF 9< 9<C@<M<; ?< JK@CCJ NFIBJ =FI ?8J JFEJ *0 GI<M@FLJCP G8IK F= :<EKCP 8E; @J NFIB@E> 8J JJ@JK8EK
0.# @E K?< 1' &4-41>E-> 0>11? @J 3 , @J JGF@C@E> ?@D N@K? =FI<@>E )8E8><I /8C<J @JKI@9LK@FE 8K )F
NFIB@E> N@K? 0<C<EFI 8J )8E8><I KI@GJ DFI< K?8E D8EP C8I>< FI>8E@Q8 9@C@EB $< @J 98J<; @E ?@J ?FD<KFNE
,IF;L:KJ ,C8K=FIDJ 8E; @J 98J<; @E K@FEJ JGF@C K?<@I KFG <O<:LK@M<J % (8?FI< (?9-: &-110 -857 @J 9LJP
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D8II@<; C@=< 8E; ?8J 8E 8;FI89C< K8EK :FLEKI@<J @E !LIFG< @E:CL;@E> 98J<; @E .8N8CG@E;@ KF E<N ?<@>?KJ
;8L>?K<I $@J :FDD@KD<EK KF K<C<:FD /N@KQ<IC8E; 1' "I8E:< 8E; #<I <M<IP G8JJ@E> ;8P N@K? <HL8C :FEKI@
@J JL:? K?8K 8EFK?<I P<8I F= # D8EP <K: @E 8;;@K@FE KF 0?8@C8E; 8E; 9LK@FE :FD@E> =IFD ?@J N@=< 8E; B@;J
,8B@JK8E ?8J G8JJ<; 9P 8E; ?< @J ,?@C@GG@E<J /F?8@C @J <M<I DFI< I<C@ (?9-: '->5= $-F5 10- >FK D8I
CFFB@E> =FIN8I; KF K?< # <MFCLK@FE >@FLJ EFN 8E; 8CN8PJ JKI@M@E> KF JK8P I@<; C8JK P<8I 8E; N8J 9C<JJ<; N@K? 8
8E; GI8P@E> K?8K G<FGC< <E; LG G@FLJ &E10 ..-? 85 &4-4 ?8J C<=K
CFM<CP ;8L>?K<I @E GI@C K?@J P<8I $<
LJ@E> @K % % KF GLIJL< ?@J FNE M<EKLI< @E G8IK
?8; K?< :?8E:< F= M@J@K@E> 0LIB<P
E<IJ?@G N@K? EFE< FK?<I K?8E /8CD8E
,FC8E; 8E; ,FIKL>8C 9<=FI< ?<
&4-450 -49;;0 )8AFI /9 @J JK@CC $8=<<Q &E10 85 ..-? ,-505 @J JK@CC
JN@K:?<; =IFD 0<I8;8K8 KF 1=FE< 8J
N@K? * . 9LK N8EKJ KF AF@E K?< 8N<JFD< K?FL>? ?< @JEYK 8 98:?<CFI
)8E8><I ,IF;L:KJ 8E; ,I@:@E> %E
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?@J JL::<JJ=LC JK@EK N@K? $ (8?FI< :HL@J@K@FE (FP8CKP 8E; <9@K 8I;J 8E; 8 ?8C= DFEK?J N@K? 1=FE< ?< ?8J
J =FI &4-7118 4910 8K $ ( 98J<; @E '8I8:?@ &E10 @52 ;<M<CFG<; KNF D8AFI GI@:@E> GIF;
19;: JFD< K?@E>J E<M<I :?8E>< %-F- @J @E 8E>C8;<J? NFIB@E> 8J L:KJ @ < E<N GI<G8@; G8:B8><J
@E C@=< LK /?8B<<C @J KIP@E> 8E; ?8J $<8; F= ,I@:@E> =FI 8E>C8C@EB 8E E8D<CP VG88E:? B8 G8E;I8?W 8E;
;<:@;<; 8>8@EJK >8@E@E> <OG<I@<E:< +I8J:FD 0<C<:FD JL9J@;@8IP $< C@B<J V1:@I:C< (@=<W N@K? LG KF =I<< ELD
N@K? FECP FE< :FDG8EP 8J @E ?@J GI< ?8B8 8J @K ?8J >@M<E ?@D 8DGC< K@D< 9<IJ 8K E@>?K 8DFE> 8 =<N FK?<I
) :FIGFI8K< C@=< @ < ,% =K<I KF 9I@E> LG ?@J JFE 8J 8 =LKLI< ;<8E D@EFI GI@:@E> DFM<J
9<E<=@KK@E> .<:B@KK 8E; !E>IF "FF;J C@JK<I 3<JK ,8B@JK8E ?8J =@E8CCP I<
N@K? ?@J <OG<IK@J< ?< ?8J EFN >@M<E HL<JK<; =FID<I !8JK ,8B@JK8E K?8K @KYJ *-=-> 49-0 4-: ?8J G8IK<;
( K?< ?FEFI F= ?@J GI<J<E:< &41 89FLK K@D< K?8K K?<P I<KLIE ?@D N8PJ N@K? 3 , 8E; EFN NFIBJ
4->E-> 4A>?450 @J ?8GG@CP D8II@<; =FI /K8I ,FN<I 8E @E;<G<E;<EK
8E; @J NFIB@E> =FI 1E@C<M<I @E '8I8:?@ &E10 -??-: -B10 NFIBJ =FI * GFN<I GIF;L:<I $< @J 98J<; @E (8
&41574 A8>-5F #1>B-5F :FEK@EL<J KF ).+ 8J 2, 1E@K $<8; (8I>< ?FI< +-?5> 4910 -857 @J NFIB@E>
9< CFP8C EFK FECP KF 38I@; 9LK ?@J FIGFI8K<J $< @J 98J<; @E ?@J ?FD< =FI 8 >CF98C JLGGCP :?8@E GIFA<:K
N@=< 8E; :LK< ;8L>?K<I <@E> K?< .< KFNE (8?FI< 8E; @J 9LJP 9I@E>@E> LG K<8D @E /?<CC 8J K?<@I LJ@E<JJ (<8;
>@FE8C $<8; F= LJKFD<I /<IM@:<J ?< ?@J JFE KF 9< 8J :FFC D@E;<; 8E; =FI K?< !8JK $< CFM<J K?< @EK<IE8
@J 98J<; @E (8?FI< &41F11: E01> C@M<CP 8J ?< N8J 8E; JK@CC @J &E10 K@FE8C KI8M<C 8E; M@IKL8C DF;< F=
85 ?8J >FE< 98:B KF (1)/ 8>8@E 8E; '-4- -3>-.5 @J JK@CC N@K? /?<CC 8E; @J NFIB@E> K?8K :FD<J N@K? K?< AF9
@J NFIB@E> N@K? I I@= LKK 8J ?@J I< CFFB@E> 8=K<I K?< E<KNFIB :FEKIFCJ ,-5:-. !-C-F @J D8II@<; 9LK JK@CC
J<8I:? 8JJF:@8K< /F ><K I<8;P KF J<< $< @J 98J<; @E '8I8:?@ 8E; 9C@JJ=LCCP N@K? (1)/ K?@J K@D< ?FN<M<I @E K?<
?<I E8D<J FE K?< + 8E; )8E8><I@8C D8II@<; 9FLK &E10 +-C1> %- D8IB<K@E> K<8D 8E; EFK @E K?< )
*<>FK@8K@FEJ :8J<J 8E; <O<I:@J<J /?< ?;;8T+E 8 :C<8I 9<8LK@=LC <:<D GIF>I8D 3@K? ?<I K<8D J?< @J 9LJP
@J K?< GIFL; DFK?<I F= KNF B@;J 9<I K? <M<E@E> +-C1> >FK D8II@<; NI@K@E> E<N 8E; 9@> D8IB<K@E>
JL::<JJ JKFI@<J =FI (1)/ /?< JLI<CP
@J 8DFE> K?< CL:BP =<N KF ?8M< 8 AF9
@E (8?FI< ,4-:3 ,16A: @J JK@CC N@K?
*<JKC< ?@E8 8E; @J EFN K?< ,IF;L:
Class notes
/F ?< D8P 9< JKL;P@E> =FI 8EFK?<I
P<8IJ +? N<CC N?8K<M<I %E K?<
D<8EK@D< ?< J <EAFP@E> 9<@E> 8 I<J@
;<EK KLKFI =FI LE;<I>I8;L8K<J ?<I<
DLEJ?@ ?8J =@E8CCP C<=K /') $ . @E
K?< ?8E;J F= ?@J KILJK<; =I@<E;J 8E;
DFM<; FE KF *<JKC< KF ;F JFD< I<
J<8I:? FE N?8K D8B<J 8 :FIGFI8K<
K@FE )8E8><I $@J =8D@CP J@Q< @J K?< JFIK F= K?< FJKFE M<IJ@FE F= ) J :FIGFI8K< JF K?8K @K D8P 9< LE:FI
J8D< 8J P<8IJ 8>F 8J K?<P :8E FECP )8AFI /889 =FI K?FJ< F= PFL N?F GFI8K<; @52 &-110 J8;CP @J JK@CC 8
?8M< FE< :?@C; @E ?@E8 N@K? K?< FECP ?8; K?< GC<8JLI< F= BEFN@E> K?< ?FJ K?<<K8 $< 8CJF ?8J NFE 8 G8@; M8:8
;@==<I<E:< K?8K ?@J =8D@CP 8>< @J >IFN K<C J N8I;<E "9-> ;11: -857 @J K@FE KF K?< 1/ :8CC<; "LCC9I@>?K T 9LK
@E> P<8I 9P P<8I $< JK@CC =<<CJ 8J @= @K JK@CC NFIB@E> =FI 0<C<EFI ;<M<CFG@E> K?< HL<JK@FE I<D8@EJ :8E ?< J8P
N8J P<JK<I;8P K?8K N< N<I< 8CC 8K 2 / GIF;L:KJ 3?<E ?< J EFK NFIB >FF; 9P< KF K?< <O:@K@E> NFIC; F=
(1)/ 58-8 4910 4-: :FEK@EL<J @E> ?< J <@K?<I FE >CF98C J8@I J8G8K8 K<C:F 8E; DFM< FE KF P<8IJ F= CFJ
KF I<D8@E 8 DPJK<IP 8E; K?< C8K<JK LG JC<<G@E> FI GC8P@E> )<;8C F= $FEFI @E> ?8@I EFK KF D<EK@FE ?@J D@E;
;8K< FE ?@D @J K?8K ?< @J 8N=LCCP 9LJP 8E; K?@J @J 8CC >F@E> KF :?8E>< N?<E ,? '-59A> 4119- @J EFN
JG<8I?<8;@E> <@K?<I ?@J =8D@CP FI FNE N@=< "8I@<C 8II@M<J 98:B 8=K<I :FDGC<K )8E8><I /8?89 @E 1=FE< 8E; KI@<J KF
9LJ@E<JJ @E> ?<I FCLD9@8 )8JK<IJ +D8I I< 8:K 8J @= ?< @J M<IP 9LJP 8E; ?8J EF
:<EKCP >FK GIFDFK<; KF JJ@JK8EK K@D< 8:KL8CCP ?< @J ALJK 8 C@KKC< J?P F=
)8E8><I /F ;@; <M<IPFE< <CJ< %JC8D898;@ >@ICJ 8E; 8MF@;J K?<D 8J
DL:? 8J GFJJ@9C< ?< I<D8@EJ J@E>C<
9:-4 69-8 ?8J K8B<E @K@98EB KF 8E; ?@J 8MF@;8E:< JKI8K<>P @J >F@E>
K?< 9I@EB F= 98EBILGK:P 8E; @K@98EB M<IP N<CC D8J?8CC8? 08@DLI ?<<D8
?8J I<N8I;<; ?<I ;<K<ID@E8K@FE 9P ?8J 8CJF D8>@:8CCP 8:HL@I<;
I< CF:8K@E> ?<I KF (FE;FE /?< JKI@M<J P<8IJ F= <OG<I@<E:< @E K?< 0<C<:FD %E
336(-2%836 ?8I; KF 9<:FD< 8 :8I<<I 98EB<I ;LJKIP 85 !-C-F 4-: 8 B 8 *'
#%-2)& !%,))( &-89-: 4910 8 B 8 /8CCP ?8J =@E8CCP @J JK@CC J<CC@E> ;<F;FI8EKJ =FI 1E@C<M<I
=%-2)&; +1%-0 '31 AF@E<; =8:<9FFB 8E; JK@CC K?@EBJ @K <M@C I89@8 98J<; FLK F= L98@ $< :FE
$< @J GI<J<EKCP 8 .<C8K@FEJ?@G )8E K@EL<J KF :FEM@E:< K?< I89J K?8K ;IP
,-5:1. *-4110 I<:<EKCP =FLE;<; 8><I 8K * ).+ J FIGFI8K< 8EB 8IDG@KJ N@CC C<8; KF J8CM8K@FE -??-:
?<I ;F EFK?@E> 9LK 8:K 2!.5 9LJP @E> <G8IKD<EK 0?@J ?8J GIFM<E A:5> 8 B 8 !4 D8@C8 @J NFIB@E> @E
:CL9 8E; ?8J <OG8E;<; ?<I FG<I8 ;@==@:LCK =FI /8CCP 8J ?< ?8J EFK I<8CCP ?@E8 )F9@C< CFFB@E> 8K K?<@I @JKI@
K@FEJ KF 8E8;8 /?< J8@; 8 K<8I=LC 9<<E @E 8 I<8C I<C8K@FEJ?@G J@E:< ?< 9LK@FE J@;< "FIKLE8K<CP =FI ?@D NFIB
>FF;9P< KF ?<I 0<C<EFI 9L;;@<J 8E; N8J K<E P<8IJ FC; 85 :C1>F-0- @J @E> =FI ?@E8 )F9@C< ?8J GIFM<E KF
@J EFN <EAFP@E> C@M@E> @E 28E:FLM<I 8GG8I<EKCP JKL;P@E> 8>8@E A4-9 9< 8 I<M<8C@E> @EJ@>?K @EKF ?@E<J<
F== ?<I ?L99P J =8JK ;<GC<K@E> :8J? 9-0 (91> ->;;= 8 B 8 "FFH@ @J :LCKLI< 8E; ?< @J ?<E:< K?<J< ;8PJ
JLGGC@<J ?59 14> @J NFIB@E> M<IP >F@E> FE 8 G8@; M8:8K@FE KF K?< 1/ KIP@E> KF ><K @E KFL:? N@K? ?@J @EE<I
?8I; 8E; N8J 8N8I;<; 0<C<EFI !D %KYJ :8CC<; K?< "LC9I@>?K J:?FC8IJ?@G 5LE )8 5>-: $A>1?45 @J JK@CC ;F@E>
GCFP<< F= K?< 5<8I ?< NFLC; -9F- A0-??5> @J @E )F9@C@EB CFFB I<J<8I:? 8K *<JKC<
JFFE 9< DFM@E> KF *FIN8P 8E; @E> 8=K<I JFD<K?@E> BEFNE 8J )8IB<K
NFLC; 9< NFIB@E> M<IP :CFJ<CP N@K? @E> /KI8K<>P N?8K<M<I K?8K @J =FI ;4-99-0 "9-> 7>-9 =@E8CCP
0<C<EFI #IFLG !+ $< @J 8CJF M<IP %E;@>F ,FJK ,8@; )FM@E> FE KF DFI< >FK D8II@<; 8E; ?8J ?<E:< >FE<
CFE<CP 8E; K?@EB@E> 89FLK ><KK@E> @DGFIK8EK K?@E>J ?< >FK D8II@<; KF 98:B FE ?@J :C8@D KF I<D8@E 8 98:?<
D8II@<; JFFE <@E> LE;<IG8@; 8E; DE8 C8JK P<8I 8E; @J EFN C@M@E> @E %J CFI K@CC K?< <E; F= K@D< $< @J @E 0<KI8
LE;<I NFIB<; 8K )F9@C@EB ?8J :<I C8D898; 8 :@KP N?@:? ?< :8E K JK8E; ,8B N?<I< ?@J :FI< AF9 I<JGFEJ@9@C@KP
K8@ECP G8@; F== =FI '-9-:5- -22>5 08 8EPDFI< $< JK@CC P<8IEJ =FI ?@J D8K<I @J KF >F FE G8@; M8:8K@FEJ A??-5:
D8E@8 I<:<EKCP K@<; K?< BEFK N@K? E8C ?FD<C8E; =>?8E@JK8E N?<I< ?< %-F- 4-: @J NFIB@E> =FI 0<KI8 ,8B
) &8==8I *8H@ 8E; N@CC 9< JG<EK ?@J :?@C;?FF; =IFC@:B@E> 8IFLE; 8J ::FLEK )8E8><I ->>A74 F5F
JFFE AF@E@E> ?<I ?LJ98E; @E !;DFE N@K? J?<<G 8E; >F8KJ 8E; @J :FE ?8J DFM<; KF 1=FE< 8E; @J CFFB@E>
KFE "FFH@ 8E; 68@E<9 CFFB =FIN8I; M@E:@E> ?@J 9FJJ KF I<CF:8K< ?@D KF 8=K<I D8IB<K I<J<8I:? K?<I< $< 8CJF
KF <OG8E;@E> K?<@I J@JK<IJ?@G ?FF; @E '8E;8?8I >FK D8II@<; K?@J P<8I 0?8EB #F;
8E8;8 58-8 4?-: -857 8 B 8 -854- &4-450 @J JK@CC 8 8I<<I 8EB<I
) ) ?8J C@KKC< KF I<GFIK EFK? ,-5: '-EE1.5 @J ILEE@E> K?< J?FN @E N@K? ) N?@:? @J 8 ?@>?CP 8I<<I
@E> J :?8E><; J@E:< C8JK P<8I JK@CC 08PP<9@ 8N8B?8E8 8J @I<:KFI )8I FI@<EK<; 98EB =FI 8I<<I 8EB<IJ
JKL;P@E> 8E; N@CC 9< =FI 8EFK?<I B<K@E> 8E; /8C<J $< @J :LII<EKCP :FE &->-4 #1>B1F @J K?< I8E; )8E8><I
P<8IJ $< ?8J I<:<EKCP 9<<E KFC; K?8K J@;<I@E> ;@M<IJ@=P@E> ?@J :FDG8EP J =FI 'LIBLI< 8K ,<GJ@ FC8 %EK<IE8
@K LJL8CCP K8B<J P<8IJ KF NI@K< 8 GFIK=FC@F KF J<CC@E> JD8CC 8E@D8CJ @E K@FE8C /?< 8CJF @EK<E;J KF FG<E LG
>FF; ;@JJ<IK8K@FE 8=K<I =@<C;NFIB EFK 9LCB HL8EK@KP 0:-: '->5= 8 B 8 8 :8K =8ID N?@:? @J KILCP I@;@:LCFLJ
Class notes
>@M<E K?8K <M<IP FE< N8EKJ 8 F>
K?<J< ;8PJ )<FN 58-8 49-0 ?8J
D8@EK8@E<; P<K 8EFK?<I P<8I F= JK8KLJ
HLF 9P ;F@E> 9LJ@E<JJ ;<M<CFGD<EK
=FLE; ?@J @EE<I 5LE )8 8E; @J ?<E:<
M<IP ?8GGP N@K? ?@DJ<C= -B10
4910 @J NFIB@E> 8J .@JB )8E8><I @E
)<<Q8E 8EB N?@:? ?8J GIFM<E KF
-5?-8 =.-8 8 B 8 %- >CLDCP @E=FIDJ
K?8K ?< @J JK@CC ;F@E> 8E; % HLFK< VK?<
J8D< 9FI@E> AF9 8K 1E@M<IJ8C /<IM@:<
"LE;W %E K?< J8D< JKI@;< ?< 8CJF
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9-0 .50 @J =FLE; :?8E>@E> ;<JK@E8 =<<CJ KILCP M8CL< 8;;<; $< @J K?@EB@E> :C8JJ<J ?< ?8J ?8; K?< JHL@EK @E ?@J
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KI8:K@E> >@ICJ 8K *<JKC< N@K? ?@J G@:KLI< M8:8K@FE @E #F8 (?9-: A:11> JK@CC :?8IK<I PFL :8E =@>LI< FLK K?<
K?8K B@I8E 8E; B88C@8 GLK 8K 8 JKI8K<>@: ?8K<J '8I8:?@ 8E; JK@CC C@M<J K?<I< 899I<M@8K@FEJ PFLIJ<C= +E K?< G<I
CF:8K@FE .50;;: !-0119 N8J NFIB@E> =FI ?@J 9<CFM<; , # !M<E JFE8C J@;< F= K?@E>J ?< ?8J I<:<EKCP
9C<JJ<; N@K? 989P 9;LCC8? K?@J P<8I DFI< @IFE@:8C @J K?< =8:K K?8K ?< @J JK@CC >FKK<E <E>8><; 8E; N@CC 9< ><KK@E>
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8E; @J NFIB@E> FE <OG8E;@E> ?@J 9LJ@ 8I< I<GFIK<; @E =IFD JFD< I8E;FD 8@I
E<JJ F= 9<@E> 9LJP 8CC K?< K@D< GFIK @E !LIFG< FE ?@J N8P KF <E
"C-5? $-F5 =@E8CCP >FK D8II@<; K?@J D8IB GIFD@J@E> KF J<E; @E ?@J <EKIP
P<8I 08@DLI 8E; ) 8I< JK@CC I<:FM =FI :C8JJ EFK<J VKFE@>?KW %K E<M<I
<I@E> &-650 &4-4F-0 &A25 ?8J AF@E<; :8D< -6:A: -99-0;B :?<:BJ @E
VK?< ;F 8 CFK 8E; CFFB @;C<W :CL9 =IFD 8BL Q<I98@A8E =K<I (1)/ ?<
NFIB@E> FE 38K<I 9LJ@E<JJ N@K? 8 N<EK 98:B KF ?@J ?FD<C8E; 8E;
9<8LK@=LC 8;;@K@FE F= 8 ;8L>?K<I KF 336(-2%836 AF@E<; K?< IDP =FI 8 P<8I =K<I 8
?@J =8D@CP %-; A>@-F- -?459 D@ %27336 =-= ,1)( P<8I @E K?< IDP 8E; KNF DFEK?J F=
>I8K<; KF (FE;FE A: A??-5: @J :?@CC@E> ?< N8J 9FD98I;<; N@K? AF9
K?@EB@E> F= D@>I8K@E> KFF -4-9 =-= 2(9786-)7 F==<IJ U @E 8 DFEK? $< :?FJ< KF
+-?911: @J NFIB@E> 8K /')$ 8E; 1%27336%=-=%,1)( +1%-0 AF@E <CF@KK< 0FL:?< @E K?<@I E<NCP
?8J <8IE<; 8 ?<=KP D8IB<K@E> 9L;><K '31 FG<E<; "@E8E:@8C ;M@JFIP /<IM@:<J
=FI ?<I ;<G8IKD<EK K?< =@IJK K@D< /@E:< K?<E ?< ?8J ?8; 8 ;FL9C< GIF
<M<I &-89-: '-45> CFM<J 0<C<EFI A:-50 ;045 8 B 8 &(F @J KIP@E> KF DFK@FE D8EP :FE>I8KJ KF ?@D 8E;
*-8110 &-05= 8CJF CFM<J 0<C<EFI J<CC C@:<EJ<; JF=KN8I< NFIB@E> =FI )@ ?< @J JK@CC J@E>C< D8EP DFI< :FE>I8KJ
F@E> M8I@FLJ AF9J D8EP F= K?<D :IFJF=K @E %JC8D898; U DFI< C@B< J<CC KF ?@D
M<IP F;; 8K %EK<I8:K@M< #IFLG F= @E> I<=I@><I8KFIJ @E EK8I:K@:8
FDG8E@<J .0A8 ;5F #1:7-> )@:IFJF=K @J K8B@E> ?@D KF ?@J ;I<8D ;4-99-0 58-8 @J 8CJF J@E>C< 8E;
:?FJ< KF JG<E; K?@J P<8I @E P<K 8E C8E;J C@B< (<98EFE 8E; &FI;8E 8E; @J NFIB@E> =FI L98@ %JC8D@: 8EB @E
FK?<I :@KP %JC8D898; =K<I 8 IF8; ?< ;F<JE K GC8E KF JN@K:? =FI 8 N?@C< '8I8:?@ -.-> 4119- 8 D8E F=
KI@G KF '8I8:?@ 8E; 98:B ?< J EFN E1?4- >52 @J :LII<EKCP GI<GG@E> =FI =<N CFL; NFI;J :?<:BJ @E J8P@E> V%
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N@K? 8E 8;;<; G8JJ<E><I ?@J ;8L>? @E> @E ?<I JG8I< K@D< 89FLK N?P J?< >110 &4-4 8E; >?-8-: &41574
K<I 9FK?<I<; KF ;F 8E ) &--0 A ?8M< 9<<E :CF:B@E> LG DFI< =I<HL<EK
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EFN K?< >L8I;@8E F= 8 (FP8C $+0 ) I@<C KF AF@E ,<GJ@ F %EK<IE8 <CJ< %E K?<@I FI;@E8IP C@M<J J?< @J
K?8K ?< @J M<IP GFJJ<JJ@M< F= $< 8CJF K@FE8C 8J I8E; )8E8><I /E8:BJ NFIB@E> N@K? )F9@C@EB 8J 8 GIF;L:K
?8; K?< ?FEFI F= I<GI<J<EK@E> 0< 98J<; @E (8?FI< &->;;< A8 @J 8CJF ;<M<CFGD<EK JG<:@8C@JK N?@C< ?< @J
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D8;< @K J8=< 98:B ?FD< KF K?< ;@J FJK /8M@E>J IFC< =FI K?< I89@8E EFN 8E; K?<E K?<P ;@J:LJJ E<N 9LJ@
8GGF@EKD<EK F= ?@J 9FJJ CJF ?@J ?8@I ,<E@EJLC8 I<>@FE 2F-8 &45:C->5 I< E<JJ @;<8J N?@C< ;I@M@E> KF NFIB
@J >I8P@E> 8K 8E 8C8ID@E> G8:< GFIKJ 8J 9<@E> ?8GG@CP D8II@<; <O 11:5?4 ..-?5 :?<:BJ @E FE 9<?8C=
D8P9< ?< J NFIB@E> KFF ?8I; 8E; :<GK K?8K ?@J ?FE<PDFFE G<I@F; N8J F= K?< @K@98EB :IFN; @E '8I8:?@ /?<
E<<;J 8 M8:8K@FE -95> 8@-2 C<=K ?@J JG<EK :8DG8@>E@E> =FI ?@J =8K?<IYJ !-?5> 8E; "8IILB? ?8M< JL::<JJ=LCCP
9<CFM<; *<JKC< KF AF@E ?@E8 )F9@C< <C<:K@FE +E K?< NFIB =IFEK ?< @J EFN :FDGC<K<; KNF P<8IJ 8K @K@ <<E@J?
N?<I< ?< NFIBJ 8J )8E8><I /<> D8E8>@E> K?< :FEJKIL:K@FE 9LJ@E<JJ ?8J I<:<EKCP >FKK<E <E>8><; ->
D<EKJ 1EC@B< $8JJ8E )LE@I ?< ?8J FNE<; 9P ?@J =8D@CP >A74 @J JK@CC ;I@M@E> K?< J8D< :8I 8E;
*8J@I @J LGJ<K 89FLK &8>>L C<8M@E>
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8CJF @E 8EB@E> 0?@J P<8I ?< JN@K:?<;
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Class notes
D<EK @E FLI C@M<J K?8K N< 8CC NFIB<;
JF ?8I; =FI

$<I< @J 8 FE< KF FE< ?@>?C@>?K F= C8JK


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N@K?@E ?@J =@IJK J@O DFEK?J $< N8J I<
N8I;<; 9P ><KK@E> 8JJ@>E<; KF 8E
FK?<I ;FFD<; :8K<>FIP 8E; EFN
@J NFIB@E> @E K?<@I FIGFI8K< .<C8K@FE P<8IYJ 8:K@M@K@<J F= FLI 98K:? D8K<J K8CBJ EFE JKFG 89FLK ?@J :FFB<IJ
J?@G <G8IKD<EK -99-0 -.5> @J N?@:? ?< CFM<J KF ?8K< $< ;@M@;<J
C@M@E> K?< ;I<8D F= ,I@:< 38IJ NFIB .0A8 -CC-0 I<AF@E<; ?@J G8I<EK ?@J K@D< <HL8CCP 9<KN<<E ?@J :FFB<IJ
@E> 8K )F9@C@EB @E %JC8D898; $< @J @E ;<G8IKD<EK 8K " . NFIB@E> @E K?< 08O 8E; FM<IJ<8J :8CCJ $< ?8J EFK CFJK ?@J
K?< K?@:B F= K?@E>J 8J JJ@JK8EK )8E ,8P<I =8:@C@K8K@FE 8E; $. @M@J@FE $< 8GG<K@K< =FI :C8JJ G8IK@:@G8K@FE 8E; =@
8><I /KI8K<>P 8E; ,I@:@E> @J GIFL; KF 8LK?FI 8 :8J< FE " . =FI E8E:< 8 :FEJK8EK I<D@E;<I KF N?F
K?< :?8E>< D8E8><D<EK :FLIJ< <M<I @J 8IFLE; ?@D "FI 95:- 6-F
99-> A=11@ @J C@M@E> @E 'LN8@K N?@:? @J :LII<EKCP 9<@E> K8L>?K KF K?< FB< C@=< @JEYK KLIE@E> FLK KF 9<
JK@CC 8E; D8B<J ?@J C@M@E> 9P D8E8>@E> ) JKL;<EKJ 8E; 8K .8LJ@E> !O<:L VM<IP :?@CCW 8J K?<P :C8@D 3FIB@E>
=LE;J =FI I@:? I89J $< ?8J 8CJF G<I K@M< <EK<I 0118 88-C-88-4 @J N@K? F:8 FC8 J@E:< ?<I >I8;L8K@FE
=FID<; 1DI8 8 KPG@:8C 98EB<I J GI<J<EKCP NFIB@E> 8J 8 LJ@E<JJ ,C8E J?< ?8J JLIM@M<; K?< A@KK<IJ F= ?<I =@IJK
KI8@K 4A>>-9 14> C<=K K?< 8EB@E> E@E> E8CPJK 8K ,?@CC@G )FII@J %EK<IE8 D8AFI :8DG8@>E C8LE:? AL>>C<; 9<
NFIC; KF AF@E *<JKC< ,8B@JK8E @E )8I K@FE8C 8CJF BEFNE 8J (8BJFE 0F98::F KN<<E DLCK@GC< 9I8E;J 8E; 9FJJ<J
B<K@E> +K?<I ) >I8;L8K<J 8K FDG8EP $< N8J KFF C8QP KF ;@J D8E8><; KF M@J@K =@M< ;@==<I<EK :FLE
*<JKC< ,8B@JK8E 8I< &4-9E81 -B10 :CFJ< 8EPK?@E> <CJ< 89FLK ?@D KI@<J 9LK <EAFPJ =I<< FB< <M<IP;8P
@E /8C<J %-6- ?4-= 8E; 4910 0:-: !5?-> @J C@M@E> 8 ?8GGP 98:? 99-> A@@ AF@E<; ?@J =8D@CP 9LJ@
58-8 -:?;;> @E /LGGCP ?8@E % <CFI C@=< @E %JC8D898; 8E; @J NFIB@E> E<JJ JFFE 8=K<I >I8;L8K@FE K 8 K@D<
-:?;;> F5F ?8M< I<:<EKCP HL@K =FI ,8B@JK8E 0F98::F FDG8EP $< N?<E D8EP F= FLI =I@<E;J 8I< <@K?<I
*<JKC< ,8B@JK8E 8=K<I KNF P<8IJ @E ?8J JF =8I <O?@9@K<; CFP8CKP N@K? K?< CFFB@E> =FI FI J<KKC@E> ;FNE N@K? C@=<
I8E;J KF AF@E DP =8D@CP 9LJ@E<JJ :FDG8EP 8E; ?8J 9<<E @DD<EJ<CP @E G8IKE<IJ DD8I @J CFFB@E> =FI 8 K<E
EPFE< N?F N8EKJ JK<<C 98IJ :8E MFCM<; @E ;<J@>E@E> JKI8K<>@<J =FI @E E@J G8IKE<I @EJK<8; $<YJ NFIB@E> FE
:FEK8:K D< U JG<:@8C ;@J:FLEK =FI :I<8J@E> J8C<J =FI #FC; (<8= K?FL>? @EKIF;L:@E> K?< :FE:<GK F= +EC@E< @
K?FJ< N@K? C8QP JL9FI;@E8K<J ?< ?@DJ<C= ?8J EFK P<K ;<M<CFG<; 8 :P:C< /<CC@E> @E ,8B@JK8E 3< NFEYK 9<
K8JK< =FI @K 8E; ?FG<J KF D8@EK8@E K?< JLIGI@J<; KF ?<8I FLI :?@C;I<E ><KK@E>
JK8KLJ HLF 4?-: -E7-: N8J K?< :8L>?K =FI J<:I<KCP LJ@E> FLI :I<;@K
C8JK FE< KF AF@E K?< V38K<<E U K?< =L :8I; FE ?@J N<9J@K< @E 8 =<N P<8IJ
KLI< @J >I<<EW 98E;N8>FE 9LK JFFE K@D< :C-> -.5> NFIBJ =FI (FN<
I<8C@Q<; K?8K K?< >I8JJ @J 8CN8PJ .8L= (8?FI< 8J #IFLG ::FLEK @
>I<<E<I FE K?< FK?<I J@;< =K<I I<:KFI EN8I GI<=<IJ KF B<<G 8 98C
336(-2%836 E<8ICP 98EBILGK@E> 38K<<E ?< @J EFN 8E:<; C@=<JKPC< 9P B<<G@E> ?@DJ<C=
,1)( 988 8K 0<C<EFI NFIB@E> FE 08CB/?8NB @EMFCM<; @E F== AF9 8:K@M@K@<J JL:? 8J
.LDFI ?8J @K K?8K ?< @J G8IKCP KF 9< =8D@CP ?FLJ< :FEJKIL:K@FE =I<HL<EK
!%8))2 )0)'31
9C8D<; =FI K?< I<:<EK :8DG8@>EJ FM<IJ<8J M8:8K@FEJ 8E; K8B@E> K?<
,1)( 988 !%8))2 '31 C8LE:?<; =FI 08CBJ?8NB K?8K ?8M< IFC< F= V <JK )8EW @E 8CC F= ?@J =I@<E;JY
9<<E K?< :8LJ< =FI K?< VE<KNFIB N<;;@E>J $@J E<OK FM<IJ<8J M8:8K@FE
FEKI@9LK@FEJ 9P ?J8E "8IFFH 9LJPW D<JJ8><J PFL D8P ?8M< 9<<E JKFGJ 8I< 1/ 8E; 1' K?@J JLDD<I >
.89@8 58J@I 8E; V/@>E@=@:8EK +K?<IJW ><KK@E> N?<E ;@8C@E> 85 ..-? #A ?4-0 ;-FF-9 9<:8D< FE< F= K?<
6-:5? @J ?<CG@E> 9FFJK K?< <8IE@E>J F= <8ICP 8;FGK<IJ F= G8I<EK?FF; 8J ?<
%KYJ ?8I; KF @D8>@E< K?8K FE< P<8I ?8J $89@9 8EB # 6LI@:? /?8IA8? N8J 9C<JJ<; N@K? 8 ;8L>?K<I C8JK
8CI<8;P G8JJ<; J@E:< FLI >I8;L8K@FE 9I8E:? +E K?< G<IJFE8C =IFEK P<8I LII<EKCP K8B@E> :8I< F= )F9@C@EB
0?< P<8I N8J D8IB<; N@K? K?FL>? @E C@E< N@K? ?@J FC; GI8:K@:<J D8IB<K@E> I<J<8I:? 8K %JC8D898; I
JL::<JJ 8E; KI@LDG? =FI FLI 98K:? :FJK :LKK@E> I<D8@EJ K?< :<EKI8C =F:LJ J?8;YJ C@=< I<MFCM<J 8IFLE; K?< NFIC;
D8K<J 8CC 8IFLE; )FI< K?8E FE< F= ?@J C@=< ,LKK@E> ?@J J?8IG =@E8E:@8C F= /,// =@>LI@E> FLK ;@D<EJ@FEJ F=
K?@I; F= K?< 98K:? @J NFIB@E> 89IF8; 9I8@EJ KF LJ< ,LAA@ ?8J 9<:FD< 8 G<I:<GKL8C D8GJ $@J =8D@CP ;F<JEYK
F= LJ ;<:@;<; KF <E; K?<@I 98:?< J?I<N; @EM<JKFI @E K?< I<8C <JK8K< @E :FDGC8@E 89FLK EFK >F@E> FE 8EP
CFI C@M<J K?@J P<8I D8B@E> @K F= K?< L98@ $< @J ><KK@E> D8II@<; @E &LCP CFE> ;I@M<J 8J ?< JG<E;J ?@J N<<B
N?FC< 98K:? N?@C< F= K?< 98K:? K?@J P<8I KF 8 ;<EK@JK <E;J ;I@M@E> LG FI ;FNE K?< DFKFI
8;;<; E<N D<D9<IJ KF ) N8P N@K? K?<D
=8D@CP 0?< ?@>?C@>?K F= K?< P<8I N8J
85 --F @J NFIB@E> =FI C>?8E@D
;<=@E@K<CP FLI DL:? 8N8@K<; :FEMF ?-0 -49;;0 >FK <E>8><; KF
!C<:KIFE@:J 8J ,IF;L:K )8E8><I 8E;
:8K@FE :<I<DFEP K?< ;<=@E@E> DF DE8 <8IC@<I K?@J P<8I 8E; @EK<E;J KF
N8J @EJKILD<EK8C @E KLIE@E> 8IFLE; 8
Class notes
J<KKC< ;FNE @E ?FCP D8KI@DFEP JFFE
$< NFIBJ =FI 38K<<E 0<C<:FDYJ ,IF;
L:KJ 8E; /<IM@:<J ;@M@J@FE U 8K8
2,* 8J 8E JJ@JK8EK )8E8><I ?-0
IF8;J F= 'LN8@K @E FI;<I KF JG<E;
K?< C<8JK GFJJ@9C< K@D< KF =IFD 8E;
8K NFIB $< ?8J =@E8CCP ;@J:FM<I<;
?FN KF ;FNECF8; KFII<EKJ 8E; ?8J
@E C8NJ

-9F- 49-0 D8;< K?< <EK@I< 9LJ


;I@M<I :FDDLE@KP F= ,8B@JK8E ;8E:<
&4-25= @J K?< GIFL; =8K?<I F= 8 9<<E ;<KI@D<EK8C KF K?< 98E;N@;K? @E KF K?< I?PK?D F= V08I8E>W 3FIB@E> 8K
;8L>?K<I 8E; C<8;J 8 K<8D F= 'LN8@K @E K?< I<:<EK G8JK 58-8 -857 !E>IF "FF;J (K; 8J JJ@JK8EK I8E;
G<FGC< $< @J NFIB@E> 8J ::FLEK @J 98:B KF ?@J 8;M<EKLIFLJ GIF=<J )8E8><I =FI GIF;L:K V08I8E>W ?< ?8J
)8E8><I =FI /LGGCP ?8@E 8 :<EKI8C J@FE8C C@=< %EJK<8; F= J<KKC@E> ;FNE @E 9<<E @EJKILD<EK8C @E LJ@E> K?< I@>?K
=LE:K@FE GIFM@;@E> J<IM@:<J KF I<K8@C K?< GI@M8K< J<:KFI ?< ?8J ;<:@;<; KF GIFDFK@FE8C D@O KF 8KKI8:K K?< I@>?K
9LJ@E<JJ<J 8K C>?8E@D %E;LJKI@<J %D I<D8@E LEJ<KKC<; @E K?< GL9C@: J<:KFI 8L;@<E:< -??-: ?9-58 @J 9LJP J<K
8K C<8JK =FI K?< K@D< 9<@E> $@J =LE;8 K@E> LG 8 0<C<D8IB<K@E> 8E; LJKFD<I
GFIK8E:< 8E; :FDGC<O@KP F= ?@J AF9
D<EK8C 9<C@<= @E K?< /PJK<D J GFN<I /LGGFIK :<EK<I 8K ;8DA<< %EJLI
:8E 9< AL;><; =IFD K?< =8:K K?8K ?< @J
KF <==8:< K?< %E;@M@;L8C ?8J JKI<E>K? 8E:< A?:-5: 8-9 @E@K@8CCP AF@E<;
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C8:B9<IIP $< JK@CC ><KJ LGJ<K N@K? ;L< KF 8GG8I<EK GIF=8E@KP =FLE; @E
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?8J @DGI<JJ<; K?< D8E8><D<EK $< ?FG<=LC K?8K J?< N@CC 9< 89C< KF FM<I JKI8K<>@: D8E8><D<EK C<JJFEJ 8K /6
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KF GLK K?< <EK@I< C@E>F C<8IEK 8K (1)/ :FDGC<K<CP J<KKC< ;FNE @E 'LN8@K GFE<EK F= NFD<E <DGFN<ID<EK ?@J
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9LK C@B< C@ 8E; "8K@D8 GI<=<IJ KF /FFE N< D8P J<< ?<I :IL@J@E> ;FNE KN<<E K?< 8>< 9I8:B<K
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LJL8CCP :8E 9< =FLE; 8KK<E;@E> "FI PFLE> JFE '8DI8E @J M<IP <8><I KF -?59 49-0 <8IE<; K?< I<GLK8K@FE
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?@J :8I<<I 8K C>?8E@D %E;LJKI@<J EFN 9< ALJK 8 :8CC 8N8P K?IFL>? 0< @E;LJKIP %E@K@8CCP GC8:<; @E '8I8:?@
C<EFI 0<C< ;F:KFI J<IM@:< ?< D8E 8E; C8K<I @E (8?FI< ?< NFIBJ =FI
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6-F ?8J 9<<E FLK K?<I< @E I8@EP (FE 8><I -L@K< I<:<EKCP ?< ?8J 9<<E
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8EK :FM<I@E> JKIL:KLI<; C@89@C@KP J8C<J =FI @E J?8G< -9585- 2@574-> @J K?<
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@E @EM<JKD<EK 98EB@E> 8K ) 8G@K8C ?FD< J@:BE<JJ 9P >F@E> KF ,8B@JK8E@ <>P 8K C>?8E@D %E;LJKI@<J N?@:? @J
8CFE> N@K? GLKK@E> @E I<C<EKC<JJ <==FIKJ I<JK8LI8EKJ 8E; N8K:?@E> #!+ 1' :LII<EKCP :FEKI@9LK@E> KF :FIGFI8K<
8K K?< >PD N@K? EF 8GG8I<EK >8@E +E 8 9I@>?K<I EFK< "@QQ8 ?8J GLIJL<; :FJKJ =FI K?< I<JK F= K?< ;@M@J@FEJ
E; DFI< @DGFIK8EKCP ?< @J JK@CC I< ?<I G8JJ@FE =FI KI8M<C@E> 8E; 9<<E KF G8IK =IFD 8;;@E> KF :FJKJ J?< @J
J@JK@E> K?< I<@K<I8K@E> =8D@CP FEJC8L>?K JFD< @EK<I<JK@E> GC8:<J @E:CL;@E> NFIB@E> FE JKI8K<>@<J =FI C8LE:?@E>
=FI ><KK@E> D8II@<; 58-8 -B10 DJK<I;8D &F 9<I> 8E; /:FKC8E; E<N 9LJ@E<JJ<J @E ;@==<I<EK ><F
4-@@5 @J ;F@E> D8IB<K@E> =FI K?< ,C8K LK 8=K<I 8CC K?8K "@QQ8 JK@CC CFE>J =FI >I8G?@:8C 8I<8J /?< @J K?< JGFB<JG<I
=FID ;@M@J@FE F= C>?8E@D %E;LJKI@<J K?< ;FID C@=< 8K (1)/ -8119- A JFE =FI 8CC >I8;L8K< I<:IL@KJ 8K
8 E<N I<K8@C 9LJ@E<JJ ;<8C@E> N@K? :5.- ?8J K8B<E LG K?< :?8CC<E>@E> C>?8E@D 8E; ;<C@M<I<; HL@K< 8
9L@C;@E> D8K<I@8CJ $< @J 8 G8IK F= K?< K8JB F= D8B@E> GLI:?8J< ;<:@J@FEJ FE JG<<:? 8K K?< C>?8E@D ) :FEM<E
K<8D N?@:? C8LE:?<; K?< =@IJK JKFI< 9<?8C= F= % % ,8B@JK8E ,8@EKJ ;@M@J@FE K@FE *F FE< JK@CC 9<C@<M<J K?8K J?<
8E; @J EFN GC8EE@E> =LIK?<I <OG8E $8GG@CP D8II@<; KF ;E8E J?< =I< :FLC; NI@K< JL:? 8 JG<<:? ?<IJ<C=
J@FE 8:IFJJ K?< #LC= @C8C @J J<<E HL<EKCP LJ<J ?<I % % GLI:?8J@E> <OG< -:F- 50- @J NFIB@E> =FI 38K<<E @E
;F;>@E> K?< JG<<; :8D<I8J FE K?< I@<E:< 8K ?FD< KF @DGI<JJ ?<I K?< 0<C<G?FEP 8E; 2F@:< ;<G8IKD<EK
/?<YJ :LII<EKCP NFIB@E> FE 8 GIF;L:K
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<OG<:K<; =FI C8LE:? K?@J P<8I
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Class notes
9P I<:LII@E> @EALI@<J $< JG<E;J K?<
I<JK F= ?@J K@D< GC8EE@E> M8:8
K@FEJ 8E; ;I<8D@E> F= GI<
) /@<D<EJ AF9
C8LE:?<; 8 >IFLG FE "8:<9FFB @E
?FEFI F= ;4-9910
(?9-: 4910 $< ?8J
CFJK HL@K< JFD< N<@>?K
8J LJKFD<I /<IM@:< )8E8><I 8E; V$8GG@CP D8II@<;W A= 9P ;<MFK<;CP NFIB@E>
?8J 9<<E FE< F= K?< =<N N?F ?8M< 9-: C-: @J FLI F==@ FLK 8E; =FCCFN@E> 8 JKI@:K
KF ;8K< I<D8@E<; CFP8C KF K?< V +. :@8C N<;;@E> :I8J?<I ;@<K GC8E A4-99-0
,+. 0%+*W '8J?8E KFFB <OKI8 :8I< F= K?< P<8I $< ?8J 85 -C10 @J 8 >FF; ;<M@
@E ;<:@;@E> K?< G<I=<:K ;8K< =FI ?@J 9<<E B@E; <EFL>? KF 8K@FE =IFD DFJK F= ?@J
D8II@8>< D8B@E> JLI< @K ;F<J EFK :F 9<JKFN ?@J GI<J<E:< 8E; 98EB<I 98K:? D8K<J @E 1 !
@E:@;< N@K? FLI :FEMF:8K@FE 8E; 9C<JJ@E>J KF <M<IP J@E>C< & N?F @J GI<J<EKCP NFIB@E> 8J
FK?<I 98K:? =<CCFN N<;;@E>J 8J @J 98K:? D8K<YJ D8II@8>< C8JK P<8I $@J 8 LJ@E<JJ E8CPJK 8K ,<KIF=8: 8E
K?< :8J< @E K?< DFEK? F= <:<D9<I JKIFE> @EK<IG<IJFE8C 8E; I<C8K@FEJ?@G +@C /<IM@:@E> :FDG8EP C@M<J 8E;
LK 8J @K KLIE<; FLK ?< ?8; KF ;<C8P JB@CCJ NFIB 8J 8 G<I=<:K D8K:? =FI NFIBJ @E /?8IA8? $< @J DFM@E> @EKF
?@J N<;;@E> =LE:K@FE ;L< KF <E8Q@IYJ /?<CC ,8B@JK8E (L9I@:8EKJ 9LJ@E<JJ =FI K?< %E=FID8K@FE )8E8><D<EK 1E@K 8K
LEK@D<CP ;<8K? $< 8E; 8KFFC =@E8CCP K?< J<>D<EK 1405 %-F- JG<EK K?< FI>8E@Q8K@FE JFFE $@J N@=< @J
K@<; K?< BEFK @E &8EL8IP 3@J?@E> K?< C8JK P<8I NFIB@E> =FI 1:? ,FN<I NFIB@E> 8K ,<GJ@ . +E N<<B<E;J
K?<D 8 ?8GG@CP <M<I 8=K<I -?452 8J =@E8E:@8C 8E8CPJK <8IE@E> CF8;J F= K?< :FLGC< @J DFJKCP @E L98@ =FI <O
A:5> @J NFIB@E> 8J 8 )8E8><D<EK 9FELJ<J 0?FL>? J<IM@E> K?< <E<I>P :LIJ@FE FI J?FGG@E> C@YJ CFM< =FI
FEJLCK8EK KIP@E> KF K<8:? =FCBJ 8K J<:KFI ?@J =F:LJ F= 8KK<EK@FE @J FE AL G?FKF>I8G?P :FEK@EL<J 8E; ?8J @E=CL
38IE<I IFK?<IJ 8E; /+*5 ,@:KLI<J ;@:@8IP I8K?<I K?8E GFN<I :I@J@J <E:<; ?@J N@=< 8J N<CC A4-99-0
?FN KF :FE;L:K K?<@I 9LJ@E<JJ 8E; A4-99-0 :5? &-650 @J J@E>C< 8E; E-F ->59 NFIBJ 8J 8 .<C8K@FEJ?@G
9<:FD< 8E <OG<IK @E J<CC@E> 2 J @E I<8;P KF D@E>C< $< JK8IK<; F== N@K? )8E8><I 8K $89@9 98EB # 6LI@:?
1/ $< @J <EAFP@E> ?@J $8GG@CP 1E .<:B@KK <E:B@J<I 8E; ALJK FM<I ?8C= 8 8E; N8J K?< =@IJK FE< =IFD K?< 98K:?
D8II@<; JK8KLJ <JG<:@8CCP ;LI@E> ?@J P<8I DFEK?J JN@K:?<; KF /?<CC NFIB@E> @E 1 ! KF ><K 8 ;I@M@E> C@
9I@<= JK8PJ @E $FCCPNFF; 4A>>-9 LII<EKCP JK8K@FE<; 8K $P;<I898; ?< :<EJ< <JG@K< ?@J 9LJP NFIB C@=<
5> @J =CP@E> ?@>? K?<J< ;8PJ N@K? K?< @J NFIB@E> =FI K?<@I CL9I@:8EKJ 9LJ@ P8Q ?8J 9<:FD< K?< F==@:@8C ?FJK =FI
JL::<JJ=LC JG@E FLK F= ?@J <EKI<GI< E<JJ E@J @EJ@JKJ K?8K EFK?@E> DL:? 8EPFE< =IFD K?< 98K:? M@J@K@E> L98@
E<LI@8C M<EKLI< 'I8PJ@J =IFD (1)/ :?8E><; 89FLK ?@DJ<C= <O:<GK =FI +E FK?<I ;8PJ ?< @J LJL8CCP =FLE;
3FIB@E> 8J ?@<= )8IB<K@E> +==@:<I K?8K ?< ?8J >IFNE 8 P<8I FC;<I 8E; =@>?K@E> K?< KI8==@: 9<KN<<E /?8IA8?
=FI K?< JK /F=KN8I< -L8C@KP JJLI ?@J JB@E ?8J K8EE<; 8 9@K DFI< :FLI 8E; L98@
8E:< FDG8EP @E ,8B@JK8E ?< @J ;< K<JP K?< J:FI:?@E> JLEC@>?K F= /@E;?
K<ID@E<; KF GIFM@;< V-L8C@KP K?IFL>? A4-99-0 -5?-8 95: @J NFIB@E>
I<8K@M@KPW 4A>>-9 &-8119 8;;<; +LI 98K:? KFGG<I A4-99-0 8J ,C8EE@E> )8E8><I =FI ,IFA<:K !E>@
8EFK?<I D<D9<I @E ?@J I<JGFEJ@9@C@KP ->4-: '-EEA. @J NFIB@E> 8J JJ@J E<<I@E> 8E; @J I<JGFEJ@9C< =FI <JK89
D8KI@O K?@J P<8I N?<E ?< N8J 9C<JJ<; K8EK I8E; )8E8><I #@CC<KK< 8K , # C@J?@E> K?< ,C8EE@E> ;<G8IKD<EK $<
N@K? 8 989P 9FP E8D<; %9I8?@D $< /<KKC<; ;FNE N@K? ?@J N@=< 8E; B@; @E >FK D8II@<; C8JK +:KF9<I 8E; JG<EK
?8J 9<<E NFIB@E> N@K? 48MFI FIG '8I8:?@ ?< @J F=K<E J<<E FE CF:8C 02 9C@JJ=LC N<<BJ F= M8:8K@FE @E %K8CP $<
8J 8 )8E8><D<EK FEJLCK8EK ,C8:<; :?8EE<CJ >@M@E> @EK<IM@<NJ @E ?@J KPG@ ?8J EFK CFJK ?@J 8GG<K@K< =FI =@E8E:<
@E K?< C8E; F= 1E:C< /8D ?< GIFM@;<J :8C , DF;< E; ?FN :8E N< =FI><K 8E; <EM@<J ?@J N@=< N?F ?8J JL::<JJ
:FEJLCK8E:P J<IM@:<J KF ?@>? GIF=@C< ?@J =8DFLJ JG<<:? 8K K?< :FEMF:8 =LCCP G8JJ<; KNF C<M<CJ F= " .@J@E>
:C@<EKJ JL:? 8J /FEP ,@:KLI<J "FO %E K@FE +LI :FE>I8KLC8K@FEJ KF "8I?8E +@C GI@:<J ?8M< <EJLI<; A4-99-0
K<I8:K@M< )<;@8 8E; /KI8;C@E> /FLI: $< KILCP ;<J<IM<; KF 9< 8K K?< KFG ->;;= &;;9>;H? JK8P 8K C>?8E@D
@E> JGFK 5-: A>-0 4910 ?8J G8IK =IFD NFIB ?< @J 9LJP N@K?
DFM<; =IFD $FD< "LIE@J?@E> ;@M@ JGFIKJ I<8;@E> E<KNFIB >8D@E>
4C-6- -5?-8 ?8J JN@K:?<; ;@M@ J@FE KF '@DD:F 8 D8EL=8:KLI@E> :FE DFM@<J DLJ@: 8IKJ <K: "8IFFH D8;<
J@FEJ 8K C>?8E@D =IFD "8:@C@K@<J KF :<IE F= C>?8E@D %E;LJKI@<J $< ?8J 8E 8KK<DGK KF LE:FM<I ?@J IFFKJ N@K?
#0. N?@:? ?8E;C<J ") # ;@JKI@9L 9<:FD< 8 / , >LIL 8E; @J J<K KF =CP K?< <8IC@<JK :@M@C@Q8K@FE =FLE; 8K ,<KI8
K@FE @E 'LN8@K $< N@CC 9< I<JGFEJ@ KF $P;<I898; %E;@8 =FI / , @DGC< @E &FI;8E 0?FL>? LEJL::<JJ=LC ?<
9C< =FI C8LE:?@E> GI@M8K< C89<CJ =FI ?@J D<EK8K@FE $< @J K?< =FLE;<I F= J JK@CC D8E8><; KF K8B< JFD< HL8C@KP
E<N ;@M@J@FE L< KF C8:B F= FK?<I FG KIFEFDP CL9 @E 'LN8@K N?@:? @J JK@CC G@:KLI<J F= ?@JKFI@:8C DFELD<EKJ
GFIKLE@K@<J ?< ?8J J?@=K<; ?@J =F:LJ 8N8@K@E> K?< J<M<I8C ?LE;I<; ;FCC8I :FEM@E:@E> I<JK F= K?< 'LN8@K@ #8E>
KF JGFIKJ 8E; ?8J ;@J:FM<I<; K?8K ?< K<C<J:FG< FI;<I<; 9P ?@D =FI K?< JK8I KF KIP K?<@I CL:B E<OK K@D< A4-9
@J =8@ICP >FF; 8K =FFK98CC 8E; JHL8J? >8Q@E> <OG<I@<E:< @E K?< ;<J<IK < 9-0 -950 4-: N?F LE=FIKL
8C9<@K ?@J >FC;<E KFL:? @J ?@E;<I<; J@;<J K?8K ?< ?8J JL::<JJ=LCCP E8K<CP ?8; KF C<8M< LJ @E K?<
Class notes
<E; ?8J I<8C@Q<; K?8K VK?< J?FN DLJK
>F FETW =K<I :FDGC<K@E> ?@J )
=IFD 1E@M<IJ@KP F= I8;=FI; ?< EFN
NFIBJ =FI 8E ;M<IK@J@E> ><E:P @E
I@K@J? D<I@:8E /?8I<; /<IM@:<J ?@J
AF9 K8B<J ?@D KF :FLEKI@<J <M<IP
DFEK?J N?<I< ?< D8B<J JLI< <M<IP
FE< ><KJ K?8K >I<8K K8JK< <OG<:K<;
9<<E 89C< KF I<DFM< K?< JK@>D8 F=
:?<8G C89FI =IFD ?@D $@J :FDG8EP
?8J I<:<EKCP >@M<E ?@D 8 9I8E; E<N
FIFCC8 N?@:? ?< GIF=LJ<CP LJ<J KF
(8?FI< A4-9910 (?9-: 4910 =IFD 8 0 GIF;L:K )<8EN?@C< ?@J IF8D 8IFLE; @E K?< :@KP F= '8I8:?@
?8J JN@K:?<; KF K?< DFI< K<:?EF ?F99@<J @E:CL;< :?8J@E> :LK< 2@<K ;LI@E> K?< C8K< E@>?K ?FLIJ
/LGGCP ?8@E ;<G8IKD<EK F= C E8D<J< >@ICJ ?8M@E> 9I8NCJ N@K? 0?8@
>?8E@D %E;LJKI@<J 8=K<I 8 9I@<= JK@EK 8K N8@K<IJ ;@J8GG<8I@E> 8K 8EP @E;@:8 &-66-0 85 4-: 8=K<I JG<E;@E> ?8C=
K?< $FD< "LIE@J?@E>J ;@M@J@FE $< K@FE F= 8 :FE=<I<E:< :8CC 8E; J<KK@E> K?< P<8I NFIB@E> 8J .<J<8I:? JJF:@
B<<GJ ?@DJ<C= @EK<CC<:KL8CCP 9LJP @E =@I< KF K?< F==@:< N?@C< M@J@K@E> ?@J 8K< LE;<I *8J@I =>?8E @J EFN NFIB
K?< FK?<IN@J< EFE JK@DLC8K@E> <EM@ 9FJJ @E $FE> 'FE> $< ?@DJ<C= ?FN @E> 8J JJ@JK8EK )8E8><I 8K8 8E;
IFED<EK F= 'LN8@K 9P KIP@E> KF C<8IE <M<I GI<=<IJ EFK KF JDFB< "9-5> 2,* =FI 38K<<E &-89-: 4910
I89@: FEC@E< 8J N<CC 8J 8KK<E;@E> +A:A? @J 8 ,IF;L:K )8E8><I 8K C 4-: >FK D8II@<; KF 1D8D8 K?@J
:C8JJ<J 8K KNF ;@==<I<EK C<8IE@E> :<E >?8E@D !C<:KIFE@:J $@J :C8@D KF =8D< P<8I 0?< ?@>?C@>?K F= K?< <M<EK N8J
K<IJ $< 8:K@M<CP G8IK@:@G8K<J @E =FFK @J 8 IF9FK K?8K ?< JFLI:<; =FI ?@J ;@ K?< ?FLI CFE> IF8; KI@G =IFD (8
98CC 8E; JHL8J? D8K:?<J 8E; B<<GJ M@J@FE 8E; N?@:? @J J<K KF 9<:FD< ?FI< KF 99FK898; 8E; 98:B KF (8
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:FDD<EKJ K?< <M@;<E:< F= N?@:? !C<:KIFE@:J 0?< C8JK GIF;L:K ?< ;@J:CFJ<; KF FLI I<JG<:K<; I<8;<IJ
:8E 9< =FLE; 9P ?@J =8E =FCCFN@E> FE C8LE:?<; =FI !C<:KIFE@:J N8J K?< 0?8EBJ KF 1D8D8 ?@J JDFB@E> 8:K@M
?@J "8:<9FFB >IFLG A4-99-0 NFIC; I<EFNE<; !CDF N?@:? N8J 8E @KP ?8J >FE< LE;<I>IFLE; 8K C<8JK =FI
(?9-: 4-: NFIBJ @E K?< B<P 8: @DD<;@8K< ?@K @E K?< 'LN8@K@ D8IB<K EFN 3FIB@E> 8J .<C8K@FEJ?@G )8E
:FLEKJ ;@M@J@FE =FI *<JKC< ;<M<CFG LI@E> K?< G8JK E@E< DFEK?J ?< ?8J 8><I @E * ).+ ?< JK@CC >F<J
@E> 9LJ@E<JJ FGGFIKLE@K@<J N@K? K?< I<=@E<; ?@J I89@: 8E; EFN JG<8BJ @K K?IFL>? 8CC F= K?< I<8;@E>J 9<=FI<
D8BIFJ D<KIFJ 8E; 8C=8K8?J F= ,8B =CL<EKCP $< ?8J 8CJF @DGI<JJ<; <M<IP :FD@E> KF K?< 98EB &->9-0 -8A/4
@JK8E %E I<KLIE ?< ><KJ 8 ?<=KP ;@J FE< @E =FFK98CC 8J ?< ?8J =@E8CCP C<8IEK @J <DGCFP<; 8K K?< FIGFI8K< 8EB@E>
:FLEK FE <JJ<EK@8C @K<DJ N?@:? ?FN KF B@:B K?< 98CC N?@C< ILEE@E> #IFLG F= "@IJK #LC= 8EB CF:8K<; @E
@E:CL;< =CFLI I@:< :FFB@E> F@C 8E; +D8@I @J EFK 8E 8;MF:8K< F= =I<<;FD 9L ?89@ %E JG@K< F= C@M@E> @E FE< F=
(14 9<8LKP JF8G A4-99-0 (9-> F= JG<<:? 8E; :FEJK8EKCP I<D@E;<; K?< HL@<K<I !D@I8K<J ?< @J ?8I;CP
'-:C5> 8 B 8 V10W 9<:8D< K?< GIFL; K?@J KF K?< NI@K<I F= K?<J< C@E<J %-.5- J<<E @E L98@ +E< F= ?@J I<:<EK
:C8@D<I F= 8 J@O ;@>@K J8C8IP =@>LI< 8J '5>91F1E @J @E K?< /KIL:KLI<; ,IF; 8:?@<M<D<EKJ ?8J 9<<E <E;FIJ@E> I<
?< AF@E<; ?@E8 )F9@C< <8IC@<I K?@J L:KJ K<8D 8K 0I<8JLIP 8E; 8G@K8C D8I :IL@KD<EK F= (1)/ >I8;L8K<J 8K ?@J
P<8I GI@:@E> K?<@I GIF;L:K 6+*# $@J B<KJ )8J?I<H 8EB "@E;@E> @K FI>8E@Q8K@FE 8E <==FIK K?8K K?< ALE@FI
J@O ;@>@K D8IB @J 8CJF I<JGFEJ@9C< =FI JFD<N?8K KFL>? @E@K@8CCP .89@8 ?8J 98K:? ?8J 9<E<=@K<; =IFD
K?< <OKI8 GFLE;J K?8K ?< ?8J >8@E<; 9<:FD< 8::LJKFD<; KF 8E 8CC D8C<
@E N<@>?K 8E; K?< ;FD@EF <==<:K @E <EM@IFED<EK FE K?< KI8;@E> =CFFI 8K &-A0 A74@-> @J :LII<EKCP NFIB@E> @E
KLIE 3@K? K8I@== I8K<J :?<8G<I K?8E 8 NFIB 8E; K?< @;<8 F= C@M@E> 8CFE< 8K .!%0J 8E; *<N @E@K@8K@M<J 3@E> 8K
KF==<< N< EFN J<< G8I<EKJ 9LP ?FD< E; @E KLIE =<N F= ?<I :CFJ<I /! , ,I@FI KF NFIB@E> 8K /! , ?<
6+*# =FI K?<@I :?@C;I<E KF D<<K K?<@I =I@<E;J =IFD K?< 98K:? @E L98@ 8I< NFIB<; =FI 8E 8JJ@>ED<EK =FI K?<
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8-1B:- @J 8EFK?<I CL:BP FE< 8K ,<KIF :8CCJ 8=K<I ?8M@E> CFJK ?<I DF9@C< N8C 9LK ?@J =I@<E;J @EJ@JK K?8K ?< @J JK@CC J@E
=8: /?8IA8? NFIB@E> 8J 8 #I8;L8K< C<K FI ?8M@E> C8E;<; @E JFD< GIF9C<D >C< 8K ?<8IK &-=5. A.->-7 @J NFIB
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:?<<I 89FLK 8CC K?<@I C@M<J 8J K?<P 9< N?<E ?< :8D< KF NFIB =FI <J:FE G8IKD<EK 8J "8@J8C D@E 8E; K?@J ?8J
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D8IB<K 8E; @EK<E;J KF 9I@E> @E JFD< =FI <J:FEYJ !8JK<IE !LIFG< 8E; <E @E @E:I<8J@E> K?< JF:@8C :@I:C< =FI K?<
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DFI< DFE<P K?8E *@Q8D FEJLD<I 8EB@E> @M@J@FE %-F- A8 =FI ;@EE<IJ 8K K?< ,8B@JK8E@ FEJLC8K<
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"9-> 49-0 @J 98J<; @E 'L8C8 JFLI:< ?8J 9<<E 89C< KF HLFK< K?8K =@:< 8E; K?< D8E8><D<EK I<N8I;<;
(LDGLI 8J 8E <:FEFD@: ?@K D8E =FI JFD<9F;P ?<8I; ?@J 9FJJ J8P@E> K?8K ?@D 9P D8B@E> ?@D NFIB FE /8KLI
K?< >CF98C KF98::F @E;LJKIP J )8E (89FI 8P )8P JK @J 98J@:8CCP ;8PJ 8J N<CC N?@C< <M<IPFE< <CJ< @J
8><I "@E8E:< /K8E;8I;@Q8K@FE =FI .8Q8 J ;8P FEJ<HL<EKCP ?< ?8J EFK
8JC<<G &4-25= &;.4-: NFIBJ @E K?<
0I8EJ8:K@FE 8EB@E> LE@K 8K /K8E;8I;
?8IK<I<; 8EB $< N8J K?< =@IJK FE<
Class notes
KF FI>8E@Q< 8 98K:? >8K?<I@E> =FI 8CC
# 6LI@:? 8E; K?< FECP FE< =IFD
K?< 98K:? KF C@M< @E FE< F= K?< GFJ?
8I<8J F= L98@ &LD<@I8? <8:? I<J@
;<E:< /F?8@9 @J DFJKCP =FLE; 8K
N8P KF J8M< <C<:KI@:@KP 9P ;<GCFP@E>
=@9<I FGK@:J N?@:? I<HL@I< FECP G8J
J@M< <C<D<EKJ 8E; EF 8DGC@=@<IJ
N?@:? :FEJLD< <C<:KI@:@KP KF <M<IP
@E 1 ! K?< FECP <M<EK JF =8I N?@:? &LD<@I8? <8:? 8E; ?8J 8 M<IP 8:K@M< ?FLJ<?FC; @E K?< :FLEKIP !P<@E> =FI
?8; K?< D8O@DLD 8KK<E;8E:< =IFD JF:@8C C@=< 0?< DFJK I<:<EK LG;8K< D8II@8>< 9<=FI< JK8IK F= ?<
K?< 98K:? /?8=@H ?8J KF ;@M@;< ?@J 89FLK ?@D @J K?8K ?< ?8J JK8IK<; NFIB JG<E;J ?@J =I<< K@D< ;F@E> HL8C@K8K@M<
K@D< 9<KN<<E L98@ LJKI8C@8 @E> FLK @E 8E <==FIK KF J?FN F== 8K K?< 8E8CPJ@J F= D8II@8>< GIFGFJ8CJ +LI
N?<I< ?@J N@=< @J NFIB@E> 8E; ?@J 9<8:? &E10 -95> ?52 @J GI<J<EKCP J<C= GIF:C8@D<; 98EB<I ;L;< *-?52
?FD<KFNE 8E>C8;<J? NFIB@E> 8J 8E JJF:@8K< @E K?< 0I<8J &57-:01> A@@ >8M< 8 J?F:B KF <M<IP
LIP 8G@K8C D8IB<KJ LE@K 8K )8J?I<H FE< N?<E ?< ;<:@;<; KF HL@K
&4-4>A74 8E; ->E-9 JG<EK DFJK 8EB .<=<II<; KF 8J V0FL:?D< 08C @K@98EB 8E; AF@E *<JKC< @EJK<8; $<
F= C8JK P<8I GC8EE@E> 8E; <EAFP@E> :LDW 9P ?@J F==@:< :FCC<8>L<J ?< @J @J I<JGFEJ@9C< =FI :?8EE<C ;<M<CFG
K?<@I N<;;@E> :<C<9I8K@FEJ *FN CFFB@E> 8=K<I CK<IE8K< %EM<JKD<EKJ D<EK F= ) ##%
98:B KF I<8C C@=< K?<P I< 9LJP NFIB@E> <KN<<E >F@E> =FI ?@J I<:LII@E> ;I@M
8N8P @E (8?FI< ?@D @E 8 9FFD@E> @E> K<JKJ ?< =@E8CCP ?8J 8 C@:<EJ< 8E; +-?4>-4 -?;;0 8=K<I C@JK<E@E> KF
98EB 8E; ?<I @E 8E LE;<IG8@; JKL;P@E> =FI ?@J LG:FD@E> % K?< ?L< 8E; :IP F= ?<I =I@<E;J =FI
D8IB<K@E> ;@M@J@FE E; EFN =@E8CCP <O8D 8D<I D8E8><J KF K8B< FLK 9<@E> =8J?@FE 9C@E; =@E8CCP KFFB LG 8
K8B@E> 8 9I<8B =IFD NFIB K?<P I< K@D< KF NFF >@ICJ N?<K?<I @E F==@:< AF9 8J )8E8><I /LGGCP ?8@E 8K
8EO@FLJCP N8@K@E> =FI K?<@I EFN 8 9@K FI FLKJ@;< &E10 85 -501> @J NFIB /+1( FCC<:K@FEJ 8 J@JK<I :FE:<IE F=
JK8C< ?FE<PDFFE KI@G KF K?< 9<8LK@ @E> 8K K?< FIGFI8K< 8EB@E> #IFLG /<IM@:< /8C<J FIGFI8K@FE ;<8C@E> <E
=LC N?@K< 9<8:?<J "8I !8JK M<IP JFFE F= $89@9 8EB # 6LI@:? )FI<FM<I K@I<CP @E C8;@<J =8J?@FE =FFKN<8I 0F
/?8?Q8; ?D<; CFJK ?@J 8:?<CFIYJ ?< AF@E<; K?< G8I<EK?FF; :C8E K?@J ?<I <OKI<D< ;@J8GGF@EKD<EK K?<I< @J
<>I<< KF )8IP8D FE K? )8I:? P<8I N?<E ?< N8J 9C<JJ<; N@K? 8 EF ;@J:FLEK <M<E =FI K?< <DGCFP<<J
LII<EKCP ?< @J D8E8>@E> FI 989P >@IC I<:<EKCP 8E; J@E:< K?<E ?8J /F J?< @J JKL:B N@K? ?<I FC; =I@<E;J
GFI8K< 8EB@E> I<C8K@FEJ =FI "8PJ8C 9<<E ;<MFK@E> DFJK F= ?@J =I<< K@D< 8E; FC; J?F< JKF:B +-?5> &A819-:
8EB 8=K<I ?FGG@E> 8N8P =IFD 8 CF:8C KF =8D@CP &E10 99-> +-?5: 8 B 8 19;: @J FE ?@J HL<JK F= J8M@E> K?<
<E>@E<<I@E> =@ID &414>1E-> V;F:KFIW NFIBJ =FI 0<C<EFI @E K?< GI@: NFIC; =IFD VB?LC@ :?8@ B@ G8KK@W 9P
149;;0 /?<I< @J NFIB@E> FE )F @E> ;<G8IKD<EK 3?<E 08?@I ?8@YJ ;< NFIB@E> 8K 1E@C<M<I ,8B@JK8E )8IB<K
9@C@EB 2 / 8E; :8E 8CJF 9< J<<E @E :@J@FE KF ;@K:? ;F:KFI 8E; J<KKC< @E> @J =LE 9LK ?< JK@CC :8E K I<J@JK ;@J
J<M<I8C DLJ@: M@;<FJ K?8K ?< ?8J LG ;FNE =FI >FF; 9<:8D< GL9C@: D8EKC@E> <M<IP :FDGLK<I I<C8K<;
CF8;<; FE "8:<9FFB $<YJ @J JLI<CP DD8I D8E8><; KF ><K <M<E 9P ><K F9A<:K K?8K :<8J<J KF NFIB 0?<J<
9<:FD@E> 8 KI<8K KF N8K:? =FI 8CC K@E> D8II@<; ;8PJ <8IC@<I KF 08?@I ;8PJ ?< @J 9LJP I<8;@E> 8IK@:C<J FE
DLJ@: CFM<IJ &4185:- 4;6- ?8J B<GK ?8@YJ D8II@8>< N8PJ KF 9< 8 >FF; ?LJ98E;
LG N@K? K?< ) KI8;@K@FE F= JN@K:? JFD<K?@E> ?< E<<;J KF =@E@J? 9<=FI<
@E> AF9J /?< ?8J I<:<EKCP AF@E<; '-45> -?;;0 N<EK FE KF AF@E K?< K?< <E; F= K?@J P<8I
'@I9P 8 D8EL=8:KLI@E> :FE:<IE F= C K<OK@C< @E;LJKIP 9LK C8K<I FE :8CC<; @K 8
>?8E@D %E;LJKI@<J ,I@FI KF AF@E@E> ;8P $< @J EFN NFIB@E> =FI *<JKC< 0?< =FCCFN@E> G<FGC< 8I< 9<@E> :C8J
'@I9P J?< N8J NFIB@E> =FI *8K@FE8C ,8B@JK8E 8J I<8 /8C<J )8E8><I CFFB J@=@<; 8J V)@JJ@E> @E :K@FEW L< KF
%E;LJKI@8C ,8IB @E '8I8:?@ /?< JG<E;J @E> 8=K<I K?< +C; (8?FI< @KP +E 8 K?<@I FM<ICP J<C= <O:C8@D<; 9LJP
DFJK F= K?< K@D< :FDDLK@E> 9<KN<<E G<IJFE8C LG;8K< ?< G8IK<; N8PJ J:?<;LC< N< :FLC; EFK ><K K?<@I
?FD< 8E; F==@:< 8J ?<I F==@:< @J CF =IFD V;F:KFIW =FI >FF; 8E; >FK :C8JJ EFK< LG;8K< FEJ<HL<EKCP K?<
:8K<; @E 8 :FIE<I F= 'LN8@K /?< @J ?@K:?<; (9-5> A74@-> @J C@M@E> ?@J :C8JJ EFK<J <;@KFI ?8; KF LJ< ?@J J@OK?
K?@EB@E> F= <EIFCC@E> @E )8CP8C8D C@=< N@K? ?@J N@=< 8E; KNF B@;J @E E8 J<EJ< KF ;<K<ID@E< K?<@I I<:<EK 8:K@M
:C8JJ<J @EJK<8; F= I89@: 9<:8LJ< K@FEYJ :8G@K8C %JCFF (8JK K@D< N< @K@<J 8E; N?<I<89FLKJ 3< ?FG< KF
J?< NFIBJ @E 8 ;@M@J@FE ;FD@E8K<; 9P ?<8I; ?< N8J @E ,0 ( NFIB@E> FE 8 ?<8I =IFD K?<D ;@I<:KCP @E K?< P<8IJ
/FLK? %E;@8EJ ?@>?CP JKI8K<>@: EFK KF 9< ;@J:CFJ<; KF :FD<
GL9C@:CP GIF;L:K (9-5> &4-..5>
&5005=A1 49-0 NFIBJ =FI K?< GI@: A@@ NFIBJ =FI 38K<<E 0<C<:FD @E K?< "8I =IFD K?< FLKJB@IKJ F= (8?FI< @E K?<
@E> 8E; 9LJ@E<JJ @EK<CC@><E:< ;<G8IK ,IF;L:K 8E; /<IM@:<J ;@M@J@FE N?<I< ;@JKI@:K F= #LAI8EN8C8 N< =@E;
D<EK 8K )F9@C@EB $< >FK D8II@<; KF ?<YJ LJ@E> ?@J <O:<C JB@CCJ KF K?< C@D@K A4-99-0 5: &4-4.-F KIP@E> KF
?@J " /0@8E :FLEK<IG8IK E8D<; 8J ?< KI@<J KF ILE K?< <EK@I< 38K<<E :FEM@E:< K?< D8JJ<J KF ;I@EB 8E;
D@E8 <8IC@<I K?@J P<8I &;4-5. FG<I8K@FEJ FE @K 'EFN@E> K?8K ,8B 98K? N@K? *<JKC< N8K<I I8K?<I K?8E
-?495 @J 8EFK?<I FE< F= K?< .<C8 @JK8E @J =8:@E> K?< NFIJK <C<:KI@:@KP :I@ K8G N8K<I 3?@C< %-F- %149-: @J
K@FEJ?@G )8E8><IJ 8K $89@9 98EB J@J KF ;8K< 1D8@I ?8J =FLE; FLK 8 8CJF ;F@E> K?< J8D< =FI (8?FI< :@KP
Class notes
F99P 8 B 8 .A.-7-> &5005=A1
@J NFIB@E> FE JFD< KFG J<:I<K I<K8@C
:<EJLJ GIFA<:K 3FIB@E> KF><K?<I
J@E:< >I8;L8K@FE +LI MFCC<P98CC
NFE;<I 9FP -0>5 !-@4 >FK D8I
I@<; <8IC@<I K?@J P<8I $<YJ NFIB@E>
0@D@ NFIBJ =FI $/ FIGFI8K<
,11?4-: &-8119 4A@@- KI@<J KF
J<CC K?< VI<8C E<NJW K?IFL>? K?<
@E 8E; .8Q8 ?8M< 8CJF :?8E><; =FI JFD< GFN<I GIF;L:K@FE ?FLJ< 8@CP 0@D<J ,1:A.5- $A>1?45 C<=K
K?<@I 98:?<CFI JK8KLJ N?@C< F99P GIFM@;@E> K?<D =@E8E:@8C :FEJLC % % 8E; @J EFN NFIB@E> =FI %E9FO
@EK<E;J KF JK8P J@E>C< =FI K?< K@D< K8E:P &4A4>-@ N8J C8JK J<<E @E ?@J
9<@E> 8E .0A8 %149-: 8E; ?FD<KFNE NFIB@E> =FI JFD< =@E8E E; C8JKCP PFLI :C8JJ EFK< :FFI;@
A4-99-0 !5-F5 -857 8I< NFIB :@8C :FE:<IE &A>1?4 &4>1?@4- E8KFI 4910 &45>-F A@@ @J 8K 38
@E> =FI / ) %KYJ 8 98EB 8E; EFK JG<E;J ?@J K@D< J<<@E> ?@J KNF B@;J K<<E J<IM@E> K?< 0<C<:FD J<:KFI
8 ;8E:< ELD9<I V IFW @J GC8:<; @E >IFN@E> LG $< @J CFFB@E> N?<I< ?< ?8J D8E8><; KF @DGI<JJ
'8I8:?@ 8E; K8B<J K@D< FLK KF =FIN8I; KF K8B@E> ?@J JLG<I@FIJ K?IFL>? ?@J <OHL@J@K<
M@J@K ?@J =8D@CP @E 8E8;8 LG 8 B<P GFJ@K@FE ,FN<I,F@EK JB@CCJ K?8K ?< GFC@J?<;
N?@C< *@8Q@ NFIBJ =IFD K?< @E F==@:< C8K<I K?@J ;LI@E> ?@J (1)/ ;8PJ $<YJ NFIB@E>
(8?FI< F==@:< P<8I FE 9I@E>@E> @E K?< ;@>@K8C 02 I<MFCL
K@FE @E ,8B@JK8E K 38K<<E ?< ?8J
0?< 1E@C<M<I #IFLG JL: A4-99-0 =FLE; KNF E<N G8JJ@FEJ @E ?@J C@=<
:<JJ=LCCP N<EK K?IFL>? 85 9-9 @J 8G N?@:? 8I< D8B@E> 8 2 C@9I8IP
K?<@I P<8I CFE> D8E8>< GCP@E> ?@J + :FCC<:K@FE :LII<EKCP JK8E; 8K :FLEK
D<EK KI8@E<< GIF>I8D +, 8E; ?8E>< 8E; GC8P@E> )+$ 'EFNE 8J
8E; ?8J JK8IK<; KF J<KKC< )8E8><D<EK V)<I:?8EK F= <8K?W 9P ?@J )+$
;FNE @E ;@==<I<EK 8I<8J DF;<CJ 8K !E>IFYJ FDI8;<J ?@J <M<I @E:I<8J@E> 9<CCP
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