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Economics

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

By: iinx minx
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Decks in this class (13)

Demand and Supply
What is demand 1,
What are the types of demand 2,
What is effective demand 3
8  cards
Economic Systems
What are the types of economic sy...,
What happens in a command economy 2,
What happens in a market economy 3
4  cards
Theory of Cost and Economies of Scale
What is cost 1,
What are some cost determinants 2,
Define economies of scale 3
5  cards
Price Elasticity of Demand
Formula for coefficient 1,
Formula for ped 2,
Qd 3
12  cards
Price Elasticity of Supply
What is price elasticity of supply 1,
Pes formula 2,
What are 5 factors affecting the ...
3  cards
Market Structures
Perfect Competition, Oligopoly, Monopoly, Monopolistic Competition
17  cards
Production Possibility Frontier
What is a production possibility ...,
What are the assumptions that a p...,
When is an economy said to be eff...
7  cards
Role of Government in Stabilizing the Economy
Define national income 1,
Define national budget 1,
Define disposable income 2
22  cards
Circular Flow of Income
What is circular flow of income 1,
What is real flow 2,
What is money flow 3
10  cards
Unemployment
What is unemployment 1,
What is unemployment rate 2,
How is the unemployment ate calcu...
19  cards
National Income
What is capital expenditure 1,
What is another name for capital ...,
What is current expenditure 3
7  cards
Formulas
What is the formula for gdp 1,
What is the formula for price ela...,
What is the formula for price ela...
10  cards
Economic Growth and Development
What is economic growth 1,
What is economic development 2,
What is the difference between ec...
3  cards

More about
Economics

  • Class purpose General learning

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