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Economics Year 13

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

By: Joseph Wilcox
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Decks in this class (7)

Monopoly
Describe features of a monopoly,
Barriers to entry,
Disadvantages of a monopoly
4  cards
Theme 4
Assumptions of comparative advantage,
Formula for terms of trade,
Limitations of comparative advant...
29  cards
CMA And Collusion
What is the benefit of having an ...,
Why break collusion,
What does the cma do
4  cards
Efficency
Types of efficiency,
Allocative efficiency,
X inefficiency
3  cards
Monopolistic Competiton
0  cards
Macro Economic Factors
Development,
Inflation,
Growth
8  cards
Micro economic factors
Price,
Output,
Profits
8  cards

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Economics Year 13

  • Class purpose General learning

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