Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

Econ Unit 1 + Macroeconomics

This class was created by Brainscape user Eric Ernest. Visit their profile to learn more about the creator.

By: Eric Ernest
Start Studying

Decks in this class (13)

Micro and Macroeconomics
Define
2  cards
S&D Graphs
What is a demand curve 1,
What is a supply curve 2,
Ceteris parabus meaning 3
16  cards
Income and Substitution Effect
What is the income effect 1,
What is the substitution effect 2,
What percent of public housing is...
3  cards
Markets
What are the three elements of a ...,
What are the two types of markets 2,
What is a product market 3
7  cards
Factors of Production
What does land refer to 1,
What does labour refer to 2,
What is capital 3
4  cards
Production Possibility Frontier (PPF)
What is the ppf 1,
What does the ppf model assume 2,
What does the middle point of the...
10  cards
Marginal Analysis
What is marginal analysis 1,
What principle is based on margin...
2  cards
Elasticity of Demand
What is elasticity of demand 1,
When does elastic demand occur wh...,
When does inelastic demand occur ...
11  cards
Price Elasticity of Supply
What is price elasticity of suppl...,
What can producers do if supply i...,
Price elastic supply explanation 3
9  cards
Price Discrimination/Government Taxes
What is price discrimination used...,
Explain the price elasticity of d...,
What is the definition of price d...
9  cards
Test 2 - Market Efficiency and Elasticity
What is elasticity of demand 1,
What is elastic demand 2,
What is inelastic demand 3
44  cards
ER 3 - Chapter 4, 5
What is a competitive market able...,
Market efficiency meaning 2,
Deadweight loss definition 3
14  cards
Economics test - Macroeconomics, economic growth, and inflation
Macroeconomics definition 1,
The circular flow model 2,
Two flows 3
52  cards

More about
Econ Unit 1 + Macroeconomics

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Eric Ernest's Econ Unit 1 + Macroeconomics 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.

Learn more about spaced repetition

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....

Looking for something else?

Econ Theme 1
  • 15 decks
  • 202 flashcards
  • 2 learners
Decks: 121 Rational Decision Making, 122 Demand, 124 Supply, And more!
Economics
  • 25 decks
  • 1413 flashcards
  • 1697 learners
Decks: Chapter 1 The Basic Economic Problem, Aggregate Demand And Supply, Chapter 3 Elasticity, And more!
IWS Unit 1
  • 57 decks
  • 4821 flashcards
  • 59 learners
Decks: N Italy Denominations Main Grape, Grapes 2, Grapes, And more!
Macroeconomics
  • 26 decks
  • 1537 flashcards
  • 701 learners
Decks: Chapter 1, Chapter 2, Chapter 7, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions