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Varun Dokka
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Decks in this class (5)
Elasticity
What is elasticity,
What is the general formula for e...,
When is ped elastic
19
cards
Market Failure - Positive and negative externalities
What are the 4 functions of prices,
What is the signalling function,
What is the incentive function
25
cards
Economic Problem
What s a positive statement,
What is a normative statement,
What is the cep
24
cards
Supply and Demand
What is demand,
What is derived demand,
What is the law of demand
19
cards
Market failure - Public and private goods
What is a public good,
What is non excludability,
What is non rivalry
15
cards
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Micro Economics
- Class purpose General learning
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