Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

economics - sept yr13 Boughen

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

By: sofia donohoe
Start Studying

Decks in this class (15)

1) Objectives of firms (1)
Firm definition,
Normal profit definition,
Supernormal abnormal or economic ...
32  cards
2) Objectives of Firms 2
Principal agent problem definition,
Principals definition,
Agents definition
27  cards
4) Revenue
Define total revenue,
Define average revenue,
Define marginal revenue
14  cards
5) Profit and Loss
What is accounting profit,
What is normal profit,
What is supernormal abnormal or e...
10  cards
6) Perfect Competition
Define market structure,
Define perfect competition,
What is a price taker
23  cards
7) Monopoly
Define monopoly,
What is perfect first degree pric...,
What is arbitrage
30  cards
8) monopoly price discrimination
What is price discrimination,
What 3 conditions are there in mo...,
Price discrimination diagram what...
12  cards
9) Natural Monopoly
Define natural monopoly,
Define nationalisation,
Define privatisation
18  cards
10) monopolistic competition
Define monopolistic competition,
Define product differentiation,
Characteristics small large numbe...
28  cards
11) Oligopoly
Define n firm concentration ratio,
Define oligopoly,
Define non price competition
72  cards
12) Contestable Markets
Define a contestable market,
Define sunk costs,
Define hit and run entry
19  cards
13) Demand For Labour
Define labour,
Define sub market,
Define derived demand
22  cards
14) supply of labour
What are non pecuniary benefits,
What is the income effect,
What is the substitution effect
15  cards
15) interaction of labour markets
Define wage differentials,
Define monopsony,
Define trade union
22  cards
3) cots + costs and time
What are fixed costs,
What are variable costs,
What is the total cost
25  cards

More about
economics - sept yr13 Boughen

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study sofia donohoe's economics - sept yr13 Boughen flashcards for their hanley castle high school class now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

economics
  • 33 decks
  • 948 flashcards
  • 1 learners
Decks: Perfect Competition Imperfectly Competit, Labour Market, Monetary Policy, And more!
A Level Economics: Microeconomics
  • 56 decks
  • 1589 flashcards
  • 378 learners
Decks: 11 Economic Methodology, 12 The Nature And Purpose Of Economic Ac, 13 Economic Resources, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions