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19ECB502 Fundamental Microeconomics

This class was created by Brainscape user Leon Gogiqi. Visit their profile to learn more about the creator.

By: Leon Gogiqi
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Decks in this class (12)

WEEK 1- Consumer Theory- Preferences and Utility
What are the axioms assumptions b...,
What are the axioms of consumer t...,
What are the axioms needed for th...
10  cards
Consumer Theory - Budget Constraints and Optimal Choice I
What are linear budget constraints,
What does an increase in income a...,
What is an interior solution
10  cards
Consumer Theory - Optimal Choice II
How do you calculate and find opt...,
How does the lagrangian method li...,
How can we know that we are looki...
4  cards
Consumer Theory - Demand and Elasticities
What are some practical applicati...,
How do you construct a demand fun...,
What can the term comparative sta...
19  cards
Consumer Theory - Own Price Effects and Consumer Welfare
What is the substitution effect g...,
How do you find the substitution ...,
What is a particular element of t...
24  cards
Consumer Theory Application - Labour Supply
How can we derive a consumer deci...,
From this how do we derive the fi...,
What is the opportunity cost sacr...
14  cards
Consumer Theory Application - Intertemporal Choice
How can we think of the intertemp...,
What are the differing ways a con...,
How do we find the budget constra...
16  cards
Behavioural Economics
What is behavioural economics,
What does behavioural economics c...,
What is the standard approach to ...
19  cards
Producer Theory
How can a production function be ...,
How can we define a production fu...,
What is the short run defined as
35  cards
Perfect Competition
How do we find market demand curves,
What is residual demand,
Why can the residual demand dr p ...
24  cards
Welfare and Applications of the Competitive Model
What is the preferred method to m...,
What is an appropriate measure of...,
How do we normally define profits
20  cards
COURSEWORK FLASHCARDS
What is the title of paper 1 called,
Who are the authors behind paper 1,
What is the hypothesis in paper 1
28  cards

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19ECB502 Fundamental Microeconomics

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