Micro Theme 1
flashcards
Decks in class (26)
# Cards
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free market economies13
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introduction to economics7
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opportunity cost PPF curve 1.1.48
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rational decision making 1.2.16
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demand 1.2.210
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supply 1.2.412
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PED 1.2.316
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PES 1.2.513
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YED8
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Price determination market equilibrium 1.2.61
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consumer and producer surplus 1.2.82
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indirect taxation 1.2.95
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subsidies 1.2.93
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market failure and externalities 1.3.1 and 1.3.27
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causes of market failure 1.3.31
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govt intervention in markets - minimum pricing 1..4.14
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cross elasticity of demand XED7
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allocative efficiency15
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price mechanism5
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information gaps3
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minimum pricing0
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government intervention in markets 1.4.13
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state provision0
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externalities4
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government failure3
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tradable pollution permits1
