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Microeconomics

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

By: Arianna Anderson
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Decks in this class (25)

Exam 1
Economics,
Is is econ logic,
What three questions does any soc...
74  cards
problem set #2 chp 3
Law of demand is the assertion that,
Inferior good
2  cards
problem set #1 chp 1-2
Normative analysis is concerned with,
Positive analysis is concerned with,
Example of positive analysis
4  cards
problem set #6 chp 9
Absolute advanatge,
Comparative advantage
2  cards
10/4 notes
Two aspects to healthcare,
What is something always comapred...,
What is a way to pay for health care
20  cards
10/6 notes
Affordable care act aca,
Single propieter,
Partnership
18  cards
10/9 notes
Direct finance,
Indirect finance,
What are bonds
10  cards
10/16 notes
What does trade go with on a graph,
What is the virtue of trade,
Producer surplus on graph with trade
13  cards
10/18 notes
How does a demand supply graph lo...,
What does theory of the consumer ...,
What does undertsanding help with...
15  cards
10/20 notes
Look at notes,
Three aspects of behavioralists,
Behavioral economics
7  cards
more to know
Normal good
1  cards
10/23 notes
Q for theory of the firm,
Fixed inputs variable,
Variable inputs variable
18  cards
10/30 notes
Average total cost atc,
What are the two views of the firm,
Atc
8  cards
11/1 notes
What makes something profittable,
Market power to firms in perfect ...,
Amount of firms in perfect compei...
18  cards
11/3 notes
Fixed cost,
What happens when price is below ...,
How do you find marginal utility
9  cards
11/6
Short run,
Long run,
Long run with firms
17  cards
11/8 notes
Laissez faire,
Price too low,
Higher price
9  cards
11/10 notes
Components of perfect competition,
Excess capacity,
Imperfect competition components
4  cards
11/13 notes
Barriers,
Monopoly,
Two types of monopolies are
8  cards
11/17 notes
Oligpoly,
Interdependence,
Dominant strategy
5  cards
final
Game theory,
Dominat strategy,
Explicit collusion
14  cards
11/20 notes
What are the two kinds of monopolies,
What kind of monopoly is this,
What kind of monopoly is this
5  cards
12/1 notes
How is price set for perfect comp...,
How is price set for imperfect co...,
If demand leads to one price it i...
6  cards
12/4 notes
Is this graph a good model for pr...,
Elasticity,
Perfect price discrimination
7  cards
11/15 notes
Market share,
Sec securities and exchamge commi...,
Herphindal index hi
3  cards

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Microeconomics

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