A-Level Economics Micro (econplusdal)

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

By: Rebekah Franke
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Decks in this class (12)

Y11 - Business Efficiency - Allocative, Productive, Dynamic And X-Efficiency
Why is efficiency important 1,
Explain allocative efficiency 2,
Explain productive efficiency 3
6  cards
Y12 - Efficiency
What is the definition of allocat...,
What does it mean for the consume...,
For the producer why is it good f...
16  cards
Y15 - Perfect Competition
What are the characteristics of a...,
Explain the lr equilibrium diagram 2,
Explain the supernormal diagram 3
8  cards
Y17 - monopoly
How can you address monopoly 1,
What are the characteristics of m...,
Explain a monopoly diagram 3
5  cards
Y18 - DWL On A Monopoly
Draw dwl on a monopoly and explai...
1  cards
Y19 - Price Discrimination
What is price discrimination 1,
What are the 3 conditions necessa...,
Explain first degree price discri...
7  cards
Y21 - Monopoly Pros And Cons + Eval
What are the cons of monopoly 1,
What are the pro s of monopoly 2,
How can you evaluate the pros and...
3  cards
Y23 - Monopolistic Competition
What are the characteristics of m...,
What are some examples of monopol...,
How does monopolistic competition...
6  cards
Y20) Natural Monopolies
What are some real life examples 1,
What are the characteristics on a...,
What are the roles of regulators 3
5  cards
Y10) Barriers To Entry/Exit
What are barriers to entry 1,
What are strategic barriers to en...,
What are legal barriers 3
7  cards
Y25) Oligopoly
What are the characteristics of o...,
What are some real life examples ...,
Blank 3
6  cards
Y27) Oligopoly Conclusions - Collude Or Compete?
What is competitive oligopoly 1,
What factors are likely to promot...,
How can you evaluate the performa...
6  cards

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A-Level Economics Micro (econplusdal)

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