This class was created by Brainscape user Roshan Muppalla. Visit their profile to learn more about the creator.
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Roshan Muppalla
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Decks in this class (18)
Unit 2
Why do we create models in economics,
Innovation rent,
Do innovation rents last
18
cards
Unit 3
Technology impact on wages and ho...,
Average product ap,
Marginal product
17
cards
Unit 4
Why can altruism alter game theor...,
What is game theory used for,
Social preferences
11
cards
Unit 5
What s unit 5 about,
What helps evaluate economic inst...,
Institutions
18
cards
Unit 6
What is unit 6 about,
Owner manager worker relationship,
Ronald coase says about workforce
20
cards
Unit 7
What s this unit about,
Profit max point 1,
Larger firms tend to produce outp...
26
cards
Unit 8
Markets in perfect competition ge...,
Pareto efficiency in perfect comp...,
Ped in perfect comp
18
cards
Unit 19
What s this unit about,
Market income is the sum of,
Disposable income is
20
cards
Unit 12
What s this unit about,
Market failure,
Marginal private cost
20
cards
Unit 9
What s unit 9 about,
Outcome of wage setting process a...,
Excess supply of labour involunta...
48
cards
Unit 10
What is money,
Where does money act as an import...,
Model in this unit
32
cards
Unit 13
Graphs tend to correlate high une...,
Recession definition,
What does okun s law measure
27
cards
Unit 14
This unit is about,
Aggregate consumption,
Slope of the consumption function
25
cards
Unit 15
Inflation deflationdisinflation,
1 winner and 1 loser from inflation,
Real interest rate
29
cards
Unit 16
Introducing new technology can ea...,
Productivity model,
Technological process has lead to
23
cards
Unit 17
What s this unit about,
What kind of crisis was the great...,
3 positive feedback mechanisms
26
cards
Unit 22
Whats this unit about,
Define a government,
Possible objectives of the govern...
32
cards
Jan Moodle Quiz
Coasian bargaining when producers...,
Coasian bargaining when the fishe...,
Priti job 10 hour disutility 1 ho...
8
cards
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ECON0002
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