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Economics

This class was created by Brainscape user Eugene Van Zyl. Visit their profile to learn more about the creator.

By: Eugene Van Zyl
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Decks in this class (24)

Module 6 – Economic Efficiency
M6 a competitive firm will maximi...,
M6 adam smith in the 18th century...,
M6 a consumer will maximize utility
56  cards
Essay Questions
Explain the distinction between t...,
Explain in detail the behaviour o...,
Explain in detail why economic ef...
4  cards
Module 1 - Economic Concepts, Issues and Tools
Q10,
Q9,
E7
49  cards
Module 7 - Organisation of Industries
Definition of perfect competition,
E11,
E4
81  cards
Module 8 – Public Goods and Externalities
Q9,
E13,
Q3
53  cards
Module 9 – Income Distribution
A profit maximising monopsonist w...,
If a union negotiates a wage that...,
Given a monopsony and a trade uni...
56  cards
Module 10 – International Sector
Define,
E4,
Main argument for restricting int...
69  cards
Module 11 – Macroeconomics Overview
Define capital stock,
Define labor force,
Define national output
36  cards
Module 12 – Potential Output
Classify,
A shifting phillips curve over ti...,
Define consumer price index
70  cards
Module 13 - The Circular Flow of Income
Define the short run theory of in...,
Explain the duel role of households,
Name the two groups of markets fo...
61  cards
Module 14 - A Simple Model of Income Determination
Theory is a possible explanation ...,
Macroeconomic theory often based ...,
Explain
48  cards
Module 15 - Income Determination
E1,
E2,
E3
40  cards
Module 16 - Fiscal Policy
Q10,
Aggregate demand equals c i g x z,
Q9
32  cards
Module 17 - Money, the Central Bank and Monetary Policy
Q1,
Q2,
Q3
38  cards
Module 18 - Quantity and Keynesian Monetary Theories
E1,
E2,
E3
33  cards
Module 19 - Real and Monetary Sectors
E1,
E2,
E3
41  cards
Module 20 - Inflation and Unemployment
Q1,
Q2,
Q3
61  cards
Module 21 - Economics and the World Today
0  cards
Module 3 - Demand
The concept of demand is describe...,
In a household with a given food ...,
A traveller arrives at an airport...
34  cards
Module 4 - Supply
Q1,
Q2,
Q3
43  cards
Module 5 - The Market
Q1,
Q2,
Q3
32  cards
Profiler - Final Examination Multiple Choice Questions
1,
2,
3
30  cards
Practice Final Examination 1
Q1,
Q2,
Q3
30  cards
Practice Final Examination 2
Q1,
Q2,
Q3
30  cards

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Economics

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