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Managerial Economics

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

By: Brianna Morrison
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Decks in this class (7)

Chapter 1: Fundamentals
Managerial economics,
Manager,
Economics
24  cards
Chapter 2: Market Forces (Demand and Supply)
The law of demand,
Market demand curve,
Market demand curve direction
49  cards
Chapter 3: Quantitative Demand Analysis
Elasticities of demand,
Sign of the elasticity or,
Absolute value of elasticity
33  cards
Chapter 5: The Production Process and Costs
Production function,
Production inputs,
Short run versus long run decisions
45  cards
Chapter 8: Managing in Competitive, Monopolistic, and Monopolistically Competitive Markets
Key conditions for perfect compet...,
Perfect substitutes,
Perfect competition price
59  cards
Chapter 9: Basic Oligopoly Models
Oligopoly,
Managers in oligopolies,
Demand depends on actions of rivals
35  cards
Chapter 10: Game Theory Inside Oligopoly
Game theory,
Oligopolistic market,
Simultaneous move game
41  cards

More about
Managerial Economics

  • Class purpose General learning

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