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Microeconomics Year 1

This class was created by Brainscape user Ewa Dunin-Borkowska. Visit their profile to learn more about the creator.

By: Ewa Dunin-Borkowska
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Decks in this class (6)

Unit 1 - The Capitalist Revolution
How is growth rate calculated,
How is nominal gdp calculated,
In what things can one see an upw...
44  cards
Unit 2 - Technology, Population and Growth
How do you calculate average prod...,
How is cost calculated,
How is profit change in profit fr...
31  cards
Unit 3 - Scarcity, Work and Choice
No,
How does a wage rise effect your ...,
What are diminishing returns
26  cards
Unit 4 - Social Interactions
What is a social dilemma,
What is a free ride,
What is altruism
30  cards
Notes on Smith, Ricardo and Marx
What did mercantilists believe in...,
Mercantilisim the aim of national...,
What did mercantilist policies ad...
38  cards
Unit 7 - The firm and its customers
What is a demand curve
1  cards

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Microeconomics Year 1

  • Class purpose General learning

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