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3E1

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

By: Ewan Smith
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Decks in this class (12)

COnsumption Investment and intoduction to macro
What is the difference between ma...,
What is the difference between re...,
Explain sticky and felxible prices
47  cards
Government and Foreign Sector
What are components of government...,
What is the budget balance,
What is the budget deficit
28  cards
Inflation and Unemployment
What is the monetarist counter re...,
What is the quantitiy theory of m...,
Explain what happens with an incr...
18  cards
Economic Growth
What is growth,
What is the equation of motion fo...,
What is the steady state captial ...
12  cards
Exchange rates
What is the nominal exchange rate,
What is the real exchange rate,
What is the net exports function
18  cards
The Euro
Why should the uk join the euro,
Why shouldnt the uk join the euro,
What is an optimal currency area
10  cards
micro 1
What is the price elasticity of d...,
What is a price ceiling,
What is a price floor
26  cards
perfect competition and monopoly
What are the assumption for perfe...,
Explain the demand curve for perf...,
Explain pc in short run
9  cards
Game theory
What is a dominant strategy,
What is the prisoner game,
What is a dominated stategy
6  cards
Oligopoly
What are the key features of an o...,
What is the theory of an oligopli...,
What are three main models
12  cards
Welfare economics
What is a resource allocation,
What is meant by pareto superior ...,
Explain general equillibirum anal...
11  cards
Market Failure
What types of distortions cause m...,
What is market power,
Explain consumer surplus
15  cards

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3E1

  • Class purpose General learning

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