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Brianna Hoang
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Decks in this class (25)
Week 1 - Consumer theory
What is a budget constraint in ec...,
Why is the budget constraint impo...,
What is an endowment point in the...
19
cards
Week 1 - Consumer choice
1
cards
Week 1 - MRS
What is the marginal rate of subs...,
How is the mrs defined mathematic...,
What does a negative mrs indicate
16
cards
Week 2
What do we use to represent prefe...,
What do we use to represent prefe...,
What is a utility function
23
cards
Week 3 - revealed preferences
How can we learn about consumers ...,
What is revealed preferences anal...,
What do observations of consumpti...
18
cards
Week 3 - Uncertainty
What defines a risk environment i...,
How is consumer choice modeled in...,
What is a contingency or continge...
25
cards
Week 3 - Attitudes to risk
How does a risk averse consumer v...,
What type of utility function doe...,
How does a risk loving consumer v...
7
cards
Week 3 - Demand for insurance and Competitive/ unfair insurance
What are the characteristics of a...,
What is the expected economic pro...,
How is the profit of one insuranc...
13
cards
Week 4
What is an auction,
Why are auctions useful 2,
How have auctions gained new rele...
59
cards
Week 4 - Edgeworth box
0
cards
Week 5
1
cards
Week 6 - Technology
How can we view technology in rel...,
Does technology depend on the act...,
What are the three broad categori...
42
cards
Week 6 - Technology ( Cost minimisation)
0
cards
Week 7 - Profit Maximisation
1
cards
Week 7 - Markets ( Competitive markets and firm)
What market structure do we begin...,
What is the key feature of a comp...,
Why are firms considered price ta...
22
cards
Week 7 - Profit/Producer surplus and Industry supply
1
cards
Week 7 - Economic rent and fixed factors
What does free entry mean in the ...,
How can physical or legal entry l...,
What is economic rent
20
cards
Week 8 - Monopoly and Natural Monopoly
What defines a monopolist,
On what factors does the relevant...,
What are some possible reasons fo...
53
cards
Week 8 - Price discrimination (First and third)
What is another name for first de...,
What is first degree price discri...,
Give an example of first degree p...
22
cards
Week 8 - Monopolistic competition
What is monopolistic competition,
How do products in monopolistic c...,
Why do firms in monopolistic comp...
14
cards
Week 9 - Game theory
0
cards
Week 9 - Oligopoly and Duopoly
What is an oligopoly,
Why is game theory used to analyz...,
What is a duopoly
41
cards
Week 9 - Collusion
0
cards
Week 10 - Externalities
What is an externality,
What is a consumption externality,
Give an example of a negative con...
22
cards
Week 10 - Asymmetric information
What is the primary subject of th...,
How do buyers inability to observ...,
What type of cars will be sold if...
20
cards
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MICROECONOMICS WEEK 1-5
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