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T Nguyen
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Decks in this class (25)
Production Possibility Curves and Opportunity Cost
Opportunity cost 1,
Production possibilities curve pp...,
Changes in the ppc 3
17
cards
Demand, Supply and Equilibrium
Demand 1,
The law of demand 2,
Non price determinants for shifts...
47
cards
Government Intervention (Micro)
Types of government intervention ...,
Types of taxes 2,
Why do governments impose reduce ...
41
cards
Elasticities
What is elasticity 1,
Price elasticity of demand ped 2,
Graph of elasticities ped 3
17
cards
Cost, Revenue, Profit Theory
Law of diminishing returns 1,
Short run 2,
Long run 3
39
cards
Market Failure
Technical efficiency 1,
Allocative efficiency 2,
Define pareto optimality 3
55
cards
Perfect Competition
Characteristics of perfect compet...,
Short run 2,
Marginal revenue 3
19
cards
Monopolistic Competition
Characteristics of monopolistic c...,
Demand curve 2,
Short run 3
12
cards
Economics Integration
Economic integration 1,
Trading bloc 2,
Bilateral trade agreements 3
14
cards
Trade, Free Trade and Protectionism
Dumping 1,
Protectionism 2,
Reasons for free trade 3
29
cards
Exchange Rates and Calculations
Exchange rates 1,
Exchange rate index 2,
Fixed pegged exchange rate system 3
20
cards
Balance of Payments
Balance of payments 1,
What is a stock 2,
What is a share 3
45
cards
Monopoly
Characteristics of monopoly 1,
Monopolies are able to restrict e...,
Sometimes it is difficult to ente...
25
cards
Introduction to Macroeconomics (GDP, GNI, Business Cycle)
GDP, GNI, GDP per capita, Business Cycle
37
cards
Aggregate Demand and Aggregate Supply
Aggregate demand 1,
From the ib syllabus determinants...,
Consumer demand 3
27
cards
Macroeconomics Government Policies
Government policies fiscal policy 1,
Expansionary fiscal policy 2,
Deflationary contractionary fisca...
42
cards
Inflation
Inflation 1,
Price stability 2,
Disinflation 3
34
cards
Unemployment
Unemployment 1,
Unemployment rate 2,
Workforce 3
27
cards
Income, Equity and Disparity
Macro goal 1,
Causes of poverty 6 2,
Measuring poverty 3
23
cards
Oligopoly
Characteristics of oligopoly 1,
Examples of oligopoly 2,
Non collusive oligopolies 3
17
cards
Introduction to Development
Economic growth 1,
Economic development 2,
Sources of economic growth 3
41
cards
Economic Barriers to Economic Growth and Development
Poverty cycle trap 1,
Economic barriers to economic gro...,
What is infrastructure 3
26
cards
Political Barriers
Political barriers to economic gr...,
What are institutions 2,
Weak institutional framework lega...
13
cards
Growth and Development Strategies Part 1 (Trade, FDI)
Trade strategies 1,
Export promotion 2,
Ways to export promotion 3
53
cards
Growth and Development Strategies Part 2 (Aid, etc)
Foreign aid 1,
Humanitarian aid 2,
Development aid 3
28
cards
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Economics (Tina)
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