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Peter Tran
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Decks in this class (19)
Chapter 1 - Principles of Economics
What is economics,
Why is the management of society ...,
What is principle 1 in economics
21
cards
Chapter 2 - Thinking like an Economist
What are economists trying to do,
What is the scientific method,
What is the role of assumption
10
cards
Chapter 3 - Interdependence and the Gains from Trade
What is absolute advantage,
What is opportunity cost,
What is comparative advantage
7
cards
Chapter 4 - The market forces of Supply and Demand
What is supply and demand,
What is a market,
What is a competitive market
20
cards
Chapter 5 - Elasticity and its Application
What is elasticity,
What is price elasticity of demand,
What influences the elasticity of...
10
cards
Chapter 6 - Supply, demand, and government policies
What is price ceiling and price f...,
What happens when the government ...,
What happens when the government ...
8
cards
Chapter 7 - Consumers, producers, and the efficiency of markets
What is welfare economics,
What is willingness to pay,
What is consumer surplus
10
cards
Chapter 8 - Application: the Costs of Taxation
What happens when a tax is levied...,
What determines whether the deadw...,
What is marginal cost of public f...
6
cards
Chapter 9 - International Trade
International trade in canada s e...,
What is world price,
The world price and comparative a...
9
cards
Chapter 10 - Externalities
What is an externality,
What does internalizing the exter...,
What are the differences between ...
12
cards
Chapter 11 - Public Goods and Common resources
What is excludability and rival i...,
Goods can be divided into 4 diffe...,
Who is a free rider
6
cards
Chapter 13 - The Costs of Production
0
cards
Chapter 14 - Firms in Competitive Markets
0
cards
Chapter 15 - Monopoly
0
cards
Chapter 17 - Oligopoly
0
cards
Chapter 18 - The markets for the factors of Production
0
cards
Chapter 19 - Earnings and Discrimination
0
cards
Chapter 20 - Income Inequality and Poverty
0
cards
Chapter 22 - Frontiers of Microeconomics
0
cards
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Econ 201
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