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Tu Ngo
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Decks in this class (27)
Week 1 lecture- 10 principles of economic
Graphs straight line horizontal a...,
Independent variable,
Dependent variable
44
cards
Week 1- Problem set
Productivity,
Market failure,
Efficiency
10
cards
Week 1- Thinking like an economist problem set
Production possibility frontier,
Factor of productions aka,
Ppf shows
12
cards
Week 2- Demand, Supply, and Market Equilibrium notes
Market,
Demand,
Law of demand
36
cards
Week 2- Market System and the Circular Flow notes
Command system social communism,
Market system capitalism 1 privat...,
Freedom of enterprise
17
cards
Week 2- Interdependence and the Gains from Trade
Sellers,
Comparative advantage,
Absolute advantage
5
cards
Week 2- Market Forces of Supply and Demand
Theres no shortage of scarce reso...,
In competitive market buyers and ...,
Charge more
15
cards
Week 3- Supply, Demand, and Gov't policy lectures
Demand side market failures,
Supply side market failures,
Consumer surplus
39
cards
Labor and Financial Markets
Economy at equilibrium,
In financial capital market,
Price elasticity
12
cards
Week 3- Mises institute
Price control,
Govt effort to raise money,
Sales tax
6
cards
Week 3- Consumers, Producers, and the Efficiency of Market Problem Set
Efficiency,
Welfare economics,
Consumer surplus
12
cards
Week 3- Problem set
When payroll tax enacted worker w...,
Rent control help,
Rent control dictates
13
cards
Week 4- chapter 7 notes
Calculate total profit,
Total revenue,
Explicit costs
18
cards
Week 4- Cost of Living problem set
When box office receipts are not ...,
Gdp deflator reflects current lev...,
Consumer price index reflects pri...
15
cards
Week 4- Economic growth lecture
Measuring economic growth by incr...,
Real gdp per capita___,
Arithmetic growth find the approx...
5
cards
Week 4- International Trade Problem Set
When a country takes a unilateral...,
Problem w the protection as a bar...,
Quota___
12
cards
Week 4- Measuring Domestic Output and National Income lecture
National income accounting lookin...,
Bureau of economic analysis gathe...,
Gross domestic product measures___
32
cards
Week 4- Measuring nation's income problem set
Inflation when economys overall p...,
Inclusion in the investment compo...,
Real gdp includes___
21
cards
Week 4- Chapter 20 Protectionism textbook
Protectionism means___,
Tariff are___,
Import quotas are numerical limit...
11
cards
Week 5- Business Cycle, Unemployment, and Inflation
Capital goods and consumer durabl...,
2 problems arise from business cycle,
Unemployment rate
17
cards
Week 5- Monopoly textbook
Monopoly definition___,
Barriers to entry___,
Natural monopoly___
11
cards
Poverty and Economic Equality
Poverty are number of people who___,
Income inequality compares the sh...,
Poverty rate___
12
cards
Week 5- Union, Immigration lesson
Labor union is an org that___,
Collective bargaining required em...,
Affirmative action give special r...
4
cards
Week 5- Monetary growth and inflation problem set
Printing money to finance govt ex...,
As inflation falls people make___,
Inflation measured by___
15
cards
Week 5- Monetary system problem set
Ben bernanke appointed___,
Federal reserve responsible for___,
What do you call a common functio...
27
cards
Week 5- Perfect Competition
Perfectly competitive firm known ...,
Profit,
Marginal revenue
13
cards
Week 5- Unemployment problem set
In 2009 economists at congression...,
Report on unemployment rate shoul...,
Frictional unemployment changes
16
cards
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Eco 201
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