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

Decks in this class (33)

Week 1 - Opportunity Cost
Blank 1
1  cards
Week 2 - Demand and Supply, Elasticity
What does the market consist of 1,
What are all the buyers in the ma...,
What do consumers prioritise 3
43  cards
Week 3 - Elasticity, Efficiency
Elasticity, Efficiency
42  cards
Week 4 - Consumer theory
Where does the demand curve come ...,
Where does the supply curve come ...,
What are the 3 steps of what bund...
58  cards
Week 5 - Producer theory
What are producer assumptions 1,
What is the producers goal 2,
What causes inputs through produc...
73  cards
Week 6 - Perfect competition
What helps determine the output l...,
What are the 5 assumptions of per...,
What can perfect competition not ...
35  cards
Week 7 - Monopoly
What is are 3 assumptions of impe...,
What is the difference between pe...,
What are the three different form...
35  cards
Week 8 - Game theory
What does game theory use to stud...,
What are strategic situations bas...,
What are two market structures us...
42  cards
Week 9 - Oligopoly
What is oligopoly 1,
What are some examples of oligopo...,
What is oligopoly characterised by 3
37  cards
Week 9 pt2 - Monopolistic competition
When does monopolistic competitio...,
When are profits made in monopoli...,
Is the surplus in monopolistic co...
4  cards
All brief market structures
What are the size and number of b...,
What are the size and number of b...,
What are the size and number of b...
20  cards
Week 10 - Labour markets
What is the circular flow diagram 1,
What is labour supply 2,
What are two options with how we ...
44  cards
Week 11 - Choice under risk and uncertainty, Asymmetric information, International trade
What is risk 1,
What is uncertainty 2,
What tool do we use to study indi...
53  cards
Week 12 -
0  cards
Week 13 - Intro to Macro
What are the 7 major macroeconomi...,
What is macroeconomics 2,
What are 3 key areas of macroecon...
105  cards
Week 14 - GDP and Unemployment
Blank 1,
What are vital signs of the econo...,
When was the systematic measureme...
175  cards
Week 15 - Inflation
What is the consumer price index ...,
What does cpi measure 2,
What is the base year 3
111  cards
Week 16 - Economic Growth
How can we measure changes in liv...,
How does a country s production a...,
When did sustained increases in l...
233  cards
Week 17 - Labour Market
What has been the trend in real w...,
What factors contributed to real ...,
Why did us real earnings in 2018 ...
115  cards
Week 17 - Labour Market Pt2
How does merchandise trade contri...,
What is the impact of importing l...,
How does outsourcing affect wage ...
94  cards
Week 18 - Savings, Capital formation and Financial markets
What is saving 1,
What is the saving rate 2,
What are some examples of savings 3
132  cards
Week 19 - Money and Prices
How does the definition of money ...,
How do economists distinguish bet...,
What role does money play in an e...
107  cards
Week 19 - Money and Prices Pt2
What is the federal reserve syste...,
What is monetary policy 2,
Does the fed directly control the...
108  cards
Week 19 - Money and Prices Pt3
What is the velocity of money v 1,
What is the formula for velocity v 2,
How is velocity related to nomina...
112  cards
Week 20 - Short-term fluctuations: Intro
What are business cycles 1,
What is a recession 2,
What is the difference between a ...
100  cards
Week 20 - Short-term fluctuations: Intro Pt2
What fueled the rising demand for...,
How did banks respond to the incr...,
What is a subprime mortgage 3
56  cards
Week 21 - Spending and Output
What is a recessionary gap 1,
How did the great depression exem...,
How did a decrease in spending af...
100  cards
Week 21 - Spending and Output Pt2
What does the income expenditure ...,
Income expenditure multiplier exa...,
What are stabilisation policies 3
98  cards
Week 21 - Spending and Output Pt3
What are automatic stabilisers in...,
What are examples of automatic st...,
How do automatic stabilisers work...
63  cards
Week 22 - Stabilising the economy
0  cards
Week 23 - Aggregate Demand, Aggregate Supply, Inflation
0  cards
Week 24 - Exchange Rates and the Open Economy
0  cards
Week 24 (if theres time) - The Economics of Pandemics
0  cards

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ECON102

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