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Micro Economics = Year 2 = Term 3 👮‍♂️

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

By: Sarah Johnson
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Decks in this class (10)

Demand For Labour
Demand for labour 2,
Definition and what is it determi...,
What is labour determined by shor...
11  cards
Supply Of Labour
Definition,
Average hours worked and average ...,
Supply curve what 3
9  cards
Immobility Of Labour
What is price elasticity of supply,
What effects pes,
What labour market failure 2
5  cards
Wage Rate Determination
What is wage rate determined by,
Why do wages differ 3
2  cards
Wage Rates In Imperfect Markets
In a perfectly competitive market...,
How are wages determined,
Imperfectly competitive labour ma...
9  cards
Labour Market Issues
Problems in labour market 6,
Worker contracts problem,
Problems in labour market time 2
3  cards
Gov Intervention Into Labour Market (6)
Why was nmw introduced 3,
Positives of nmw 2,
Negatives of nmw 3
11  cards
Gov Intervention To Control Monopolies (4)
Pros of monopolies,
Cons of monopolies 3,
Methods used by gov 4
9  cards
Gov Intervention To Promote Contestability And Competition (4)
Strategies 4,
How enhance competition of small ...,
Pros and cons of enhancing comp o...
14  cards
Issues With Governement Intervention (4)
Goals of gov intervention 4,
Issues with gov intervention 4,
What is lobbying
10  cards

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Micro Economics = Year 2 = Term 3 👮‍♂️

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