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Saleh Taha
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Decks in this class (10)
Market failure and externalities
What is the acronym for the funct...,
What are the 4 functions of price,
What are the 4 functions of price...
73
cards
Behavioural economics
How does behavioural economics di...,
What are 3 challenges to traditio...,
What is asymetrtic information
13
cards
Theory of The Firm (Beginning of topic)
What type of assumption is it tha...,
Firms are owned by shareholders a...,
How do shareholders make money
25
cards
Perfect competition (T.O.T.F)
What are the 4 conditions for per...,
What are exit costs,
Give 2 examples of exit costs
16
cards
Price Discrimination (T.O.T.F)
What is price discrimination,
What is first degree pd,
What happens to consumer surplus ...
12
cards
Oligopoly (T.O.T.F)
What is the definition for a firm...,
What type of profit do firms in o...,
Why do firms in oligopoly make
35
cards
Competition policy (T.O.T.F)
What are the two main aims of com...,
What does competition policy aim ...,
What are the 3 pillars of competi...
15
cards
Natural monopolies (Privatisation/Nationalisation) (T.O.T.F)
What is a natural monopoly,
Give 4 examples of natural monopo...,
What is on the x and y axis of th...
34
cards
Wages theory
What is a wage,
What can be the two ways of produ...,
What do we mean by labour being a...
46
cards
Poverty & distribution of income
What are the two main types of po...,
What is absoloute poverty,
What is relative poverty
35
cards
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Economics (MICRO)
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