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Decks in this class (14)
Chapter 1
What are the 4 main types of wants 1,
What are the 4 elements of the un...,
What does scarcity mean or scarce...
19
cards
Chapter 2
What is comparative advantage 1,
What is the recardian theory of c...,
What are basic assumptions of a t...
23
cards
Chapter 3 Lecture 7
What is buyers behaviour governed...,
What is sellers behaviour control...,
What are 2 central issues of the ...
10
cards
Chapter 3 Lecute 8
What is a demand curve 1,
Alternative approach market deman...,
Factors that cause a demand curve...
12
cards
Chapter 3 lecture 9 Law Of Supply
Blank 1,
What is the law of supply 2,
What is supply 3
11
cards
Chapter 3 Lecture 10 Price Determination Under Perfect Competition
What are the components of a perf...,
What is stable vs unstable equili...,
What is an equilibrium price 3
5
cards
Chapter 3 Lecure 11 Five Predictions For Shifts In Demand And Supply Effecting Equilibrium Price And Quantity
What are the 5 general types of p...,
Prediction 1 2,
Prediction 2 3
6
cards
Chapter 3 Lecture 13 Paradox Of Poverty In The Midst Of Plenty And Farmers Income Stabilization Policy
Blank 1,
Why has the canadian farming sect...,
Is farmers income inversely relat...
14
cards
Module 4 Lecture 14 Consumer’s Surplus
What is the difference between pr...,
What is the definition of consume...,
What is utility in economics 3
6
cards
Module 4 Lecture 15 Producers Surplus
What is producers surplus 1,
Where is producers surplus on the...,
Why is any output level below or ...
3
cards
Module 4 Lecture 16 Public Vs Private Goods
What are the 2 cons of free marke...,
How to distinguish public goods f...,
What is a rival good 3
6
cards
Module 5 Lecture 18 Demand Elasticity
What is the definition of demand ...,
5 factors that determine elastici...,
5 different measures of demand el...
10
cards
Module 5 Lectue 19 Demand Elasticity Measurement
Blank 1,
What is the total expenditure app...,
What is the unity demand elastici...
7
cards
Module 5 Lecture 20 Incidence Of A Commodity Tax - The Relativity Of Demand Elasticity To Supply Elasticity
What is commodity tax give an exa...,
Who pays commodity tax 2,
How does commodity tax affect a s...
14
cards
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Microeconomics
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