This class was created by Brainscape user Malcolm Duny. Visit their profile to learn more about the creator.
By:
Malcolm Duny
- decks
- flashcards
- learners
Decks in this class (49)
1.1)Economic Methodology, Activity and Recourses
Economic Methodology and The Economic Problem
12
cards
1.2)Scarcity, Choice & the Allocation of Recourses
0
cards
1.3)Production Possibility Diagrams
0
cards
2.1)Consumer Behaviour
0
cards
2.2)Imperfect Infomation
0
cards
2.3)Behavioural Economics
0
cards
3.1)Demand Curves
0
cards
3.2)Supply Curves
0
cards
3.3)Market Equilibrium
0
cards
3.4)Price, Income & Cross Elasticity of Demand
Define cross elasticity of demand 1,
What does xed equal 2,
Define complements 3
4
cards
3.5)Price Elasticity of Supply
0
cards
4.1)Productivity and Productivity
0
cards
4.2)Specialisation
0
cards
4.3)Diminishing Returns
0
cards
4.4)Costs of Production
0
cards
4.5)Economies & Diseconomies of Scale
0
cards
4.6)Long Run Average Costs
0
cards
4.7)Marginal, Average & Total Revenue
0
cards
4.8)Profit
0
cards
4.9)Technological Change
0
cards
5.1)Market Structures
0
cards
5.2)The Objectives of Firms
0
cards
5.3)Perfect Competition
0
cards
5.4)Monopolistic Competition
0
cards
5.5)Oligopoly
0
cards
5.6)Monopoly & Monopoly Power
0
cards
5.7)Price Discrimination
Define price discrimination 1,
Examples of price discrimination 2,
Characteristics of price discrimi...
11
cards
5.8)Competition & Competitive Market Processes
0
cards
5.9)Contestability
0
cards
5.10)Market Structure, Efficency & Recource Allocation
0
cards
5.11)Consumer & Producer Surplus
0
cards
6.1):Labour Demand
0
cards
6.2)Labour Supply
0
cards
6.3)Wages
0
cards
6.4)Trade Unions
0
cards
6.5)National Minimum, Maximum & Living Wage
0
cards
6.6)Discrimination
0
cards
7.1)Icome & Wealth Distribution
0
cards
7.2)The Lorenz Curve & Gini Coefficent
0
cards
7.3)Poverty
0
cards
7.4)Policies against Poverty
0
cards
8.1)The Market Mechanism
0
cards
8.2)Market Failure
0
cards
8.3)Public, Private & Quasi Public Goods
0
cards
8.4)Externalities
0
cards
8.5)Tragedy of the Commons
0
cards
8.6)Merit & Demerit Goods
0
cards
8.7)Market Imperfections
0
cards
8.8)Government Interevention
0
cards
More about
Microeconomics
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Malcolm Duny's Microeconomics flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
