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ECON 2301

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

By: Elizabeth Cockerell
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Decks in this class (19)

Chapter 1
What is scarcity,
Define economics,
What are the 5 factors of product...
21  cards
Chapter 5
What are the two markets separati...,
Define gdp,
What s the difference between fin...
26  cards
Chapter 6
Who are the unemployed,
Labor force,
Unemployment rate
23  cards
Chapters 7 and 8
What are classical economic models,
Production function,
Stock of capital
32  cards
Chapter 9 and 11
In the long run the economy will ...,
In the short run economic coordin...,
_____ leads to depressions and re...
29  cards
Quizzes
What will cause price level to in...,
Natural disaster in the midwest w...,
Marginal propensity to consume ca...
9  cards
Chapter 2
What is an opportunity cost,
What is the principle of opportun...,
Production possibilities curve
9  cards
Chapter 3
Comparative advantage,
Absolute advantage,
What are the 3 reasons adam smith...
11  cards
Chapter 10
Fiscal policy is _____,
Expansionary policies _____ while...,
In terms of their effects on the ...
19  cards
Missed Lectures
Keynes basic economic ideas invol...,
Keynes developed the _____ model ...,
The income expenditure model _____
12  cards
Book: Chapter 9
0  cards
Book: Chapter 10
0  cards
Book: Chapter 11
0  cards
Book: Chapter 13
Federal open market committee fomc,
Federal reserve bank,
Money
64  cards
Book: Chapter 14
Appreciation of a currency,
Federal funds rate,
Open market purchases
55  cards
Book: Chapter 18
Consumption possibilities curve,
Import quota,
Price discrimination
54  cards
Chapter 13
First national trust has assets o...,
Money is an imperfect store of va...,
The president of which of the fol...
37  cards
Chapter 14
The point an economy lay on the m...,
Between increases in income incre...,
The fall in value of one currency...
33  cards
Chapter 18
Define terms of trade,
Define consumption possibilities ...,
How does free trade affect employ...
20  cards

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ECON 2301

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