This class was created by Brainscape user Kit Hogan. Visit their profile to learn more about the creator.
By:
Kit Hogan
- decks
- flashcards
- learners
Decks in this class (16)
3.1.1 Sizes and types of firms
Reasons why some firms grow econo...,
Reasons why some firms grow monop...,
Reasons why some firms tend to re...
10
cards
3.1.2 Business growth
Organic internal growth 1,
Advantages of organic growth 2,
Disadvantages of organic growth 3
20
cards
3.1.3 Demergers
Demerger 1,
2 2
2
cards
3.3.1 Revenue
Total revenue tr 1,
Average revenue ar 2,
Marginal revenue mr 3
5
cards
3.3.2 Costs
Total fixed costs tfc 1,
Total variable costs tvc 2,
Total cost tc 3
10
cards
3.3.4 Normal profits, supernormal profits and losses
Profit 1,
Condition for profit maximisation 2,
Normal profit 3
5
cards
3.4.1 Efficiency
Allocative efficiency 1,
Productive efficiency 2,
Dynamic efficiency 3
4
cards
3.4.2 Perfect competition
Perfect competition 1,
Characteristic of perfect competi...,
Characteristic of perfect competi...
4
cards
3.4.3 Monopolistic competition
0
cards
3.4.4 Oligopoly
Oligopoly 1,
Characteristic of oligopoly inter...,
Characteristic of oligopoly high ...
24
cards
3.4.5 Monopoly
Monopoly 1,
Pure monopoly 2,
Legal monopoly 3
13
cards
3.4.6 Monopsony
Monopsony 1,
Characteristic of monoposony sing...,
Characteristic of monoposony 3
3
cards
3.6.1 Government intervention
Controlling monopolies price regu...,
Controlling monopolies profit reg...,
Controlling monopolies quality st...
9
cards
3.5.1 Demand for labour
Factors influencing demand for la...,
Factors influencing demand for la...,
Factors influencing demand for la...
7
cards
3.5.2 Supply of labour
0
cards
3.5.3 Wage determination in competitive and non-competitive markets
Current labour market issues the ...,
Current labour market issues agei...,
Current labour market issues robo...
9
cards
More about
ECO - Theme - 3
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Kit Hogan's ECO - Theme - 3 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 - Etudes
- 26 decks
- 2465 flashcards
- 7 learners
Decks:
Etudes 01 Benassy Quere, Etudes 02 Benassy Quere, Etudes 03 Benassy Quere, And more!
Psychology A-level Paper 3
- 35 decks
- 624 flashcards
- 43 learners
Decks:
Gener Bias, Free Will And Determinism, The Nature Nurture Debate, And more!
Spanish 3/AP
- 37 decks
- 3481 flashcards
- 500 learners
Decks:
Top 500 Words, Frequency Vocab 11, Frequency Vocab 12, And more!
Microeconomics
- 19 decks
- 666 flashcards
- 997 learners
Decks:
Economic Methodology Scarcity Choice And, Producer Surplus, Intro To Supply And Demand, And more!
