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

Decks in this class (11)

Chapter 1 - Economics As A Science
Authority that makes all of the e...,
Individuals trade items in this e...,
Aggregate means
15  cards
Chapter 2 - Scarcity
Scarcity is not the same as blank...,
Most basic concept of economics a...,
Any activity that results in the ...
37  cards
Chapter 3 - Supply & Demand
A schedule showing how much of a ...,
All of the arrangements that indi...,
A negative or inverse relationshi...
24  cards
Chapter 4 - Demand & Supply Analysis
An act of trading between individ...,
Economic system in which relative...,
All costs associated with exchange
20  cards
Chapter 5 - Public Spending and Public Choice
Occur when the consequences of an...,
Occurs when too much money is goi...,
Parties who are not directly invo...
24  cards
Chapter 6 - Funding The Public Sector
Limit on government spending and ...,
Three sources of government funding,
The value of goods services wealt...
23  cards
Chapter 19 - Supply/Demand Elasticity
Price elasticity of demand equati...,
Responsiveness of quantity demand...,
Percentage change in quantity dem...
17  cards
Chapter 21?
Three legal organizations of firms,
A business organization that empl...,
A business owned by one individua...
26  cards
Chapter 22 - Starting for last test
Physical size of the factories th...,
Time period when at least one inp...,
Time period in which all factors ...
25  cards
Chapter 23 - Perfect Competition
A firm that is such a small part ...,
A market structure in which the d...,
A competitive firm that must take...
23  cards
Chapter 30 - Income, Poverty, and Health Care
Way income is allocated among the...,
This provides us a means of consu...,
Geometric representation of the d...
15  cards

More about
ECO 201

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Francis Mendoza's ECO 201 flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Eco
  • 9 decks
  • 197 flashcards
  • 66 learners
Decks: Week 1, Week 2, Week 3 Elasticity, And more!
Salesforce Admin 201
  • 21 decks
  • 387 flashcards
  • 2122 learners
Decks: User Setup Login, Standard Objects, Chatter Standard Object, And more!
Intro to Eco
  • 31 decks
  • 662 flashcards
  • 5 learners
Decks: Topic 1 What Is Ecology, Topic 2 Environmental Heterogeneity, Topic 3 The Aquatic Environment, And more!
PMP-201
  • 34 decks
  • 981 flashcards
  • 3 learners
Decks: Cvs Lipid Homeostatis, Patient Safety, Cvs Pharmacokinetics Drug Interactions O, And more!
Make Flashcards