This class was created by Brainscape user Aron Kovacs. Visit their profile to learn more about the creator.
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Aron Kovacs
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Decks in this class (12)
Negative externalities
What is a negative production ext...,
What is a negative consumption ex...,
What is the formula for social be...
15
cards
Positive externalities
What are positive consumption ext...,
What are positive production exte...,
When does a positive consumption ...
8
cards
Public and private goods
What are public goods 1,
What are private goods 2,
What are the characteristics of a...
12
cards
Information gaps
When does information failure occ...,
What are information gaps 2,
What is assymetric information 3
8
cards
Environmental economics
What is carbon tax 1,
What is the tragedy of commons 2,
What are advantages of the carbon...
7
cards
Indirect tax
What is indirect tax 1,
What is tax incidence 2,
What are advantages of indirect t...
4
cards
Subsidies
What are producer subsidies 1,
What are consumer subsidies 2,
What are advantages of producer s...
4
cards
Maximum price
What are price controls 1,
What is maximum price 2,
What is the rationale for maximum...
6
cards
Minimum price
What is minimum price 1,
What is guaranteed minimum price 2,
What is the legal minimum price 3
7
cards
Government Failure
What is government failure 1,
What are the characteristics of g...,
What are causes of government fai...
9
cards
Alternative views of consumer behaviour
What is rationality 1,
What do economic agents aim to ma...,
What is rational consumer behavio...
11
cards
Unstable markets and price volatility
What are unstable markets 1,
What are the factors of price ins...,
What are the cyclical factors of ...
8
cards
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Theme 1 - Part 2
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