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Economics MICRO

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

By: Myles Barnett
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Decks in this class (8)

Economic Methodology and the Economic Problem
What are the different types of e...,
What is a positive statement,
What is a normative statement
30  cards
Price Determination in a Competitive Market
What is demand,
What causes movement extension co...,
If there is an outward shift in d...
73  cards
Production, Costs and Revenues
What is the measure for productivity,
What is the formulae for producti...,
How to increase productivity
91  cards
Perfect & Imperfectly Competitive Markets & Monopolies
What are some characteristic s of...,
What are some examples of barrier...,
What are the 3 main objectives of...
105  cards
Individual Economic Decision Making
What 3 things is individual econo...,
What are rational agents incentiv...,
How are consumers assumed to act ...
33  cards
The Market Mechanism, Market Failure & Government Intervention
What is the price mechanism,
What did adam smith refer to the ...,
What 3 functions does the price m...
113  cards
Income & Wealth Distribution
What is the definition of income,
What is the definition of wealth
2  cards
The Labour Market
What is the labour market compose...,
Who supplys the labour,
Who demands the labour
30  cards

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Economics MICRO

  • Class purpose General learning

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