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Decks in this class (21)
1-2: Preferences, Constraints and Choice
Bundle 1,
Fundamental concept of choice the...,
Preference 3
17
cards
3: Demand
Income expansion path 1,
Engel curve 2,
Normal good 3
24
cards
4: Labour
Labour supply curve 1
1
cards
5: Choice under Uncertainty
Goal 1,
Degree of risk aversion 2,
Absolute risk aversion 3
17
cards
6: General Equilibrium in an Exchange Economy
Monotonic preferences 1,
Mutually beneficial trade 2,
Pareto efficiency 3
19
cards
7: Producer Theory
Isoquant shapes for returns of sc...,
Technical rate of substitution 2,
Constant returns to scale 3
16
cards
8: Perfect Competition and Partial Equilibrium
Long run 1,
Free entry and exit assumption of...,
Why does a profit maximising firm...
16
cards
10: Market Power and Monopoly
Why does a monopolist never choos...,
Marginal revenue and one price 2,
Ped and mr 3
11
cards
11: Externalities
Finding efficient amount 1,
Finding actual amount 2,
Who continues to pollute despite ...
11
cards
12: Game Theory
Repeated games 1,
Stationary game 2,
Pure strategy 3
8
cards
13: Oligopoly Theory
Finding competitive output 1,
Best response to bertrand model s...,
Nash equilibrium in hotelling 3
4
cards
Topic 1-2: Preferences, Constraints and Choice
Consumer choice model 1,
Key idea of consumer choice 2,
Bundle 3
14
cards
Topic 3: Demand
Income expansion path 1,
Engel curve 2,
Normal good 3
14
cards
Topic 5: Choice under Uncertainty
Expected utility model 1,
Goal of choice under uncertainty 2,
Lotteries 3
17
cards
Topic 6: General Equilibrium in an Exchange Economy
Tradeoff we face with models 1,
Issue with the general equilibriu...,
Edgeworth box 3
18
cards
Topic 7: Producer Choice
Production possibility function 1,
Production possibility set 2,
Diminishing marginal product 3
7
cards
Topic 8: Partial Equilibrium and Perfect Competition
Basis of this section 1,
Conditions of perfectly competiti...,
Consumer surplus 3
13
cards
Topic 10: Monopoly and Market Power
Monopoly 1,
Monopoly and ftwe 2,
Monopoly in the edgeworth box 3
9
cards
Topic 11: Externalities
Failure of ftwe 1,
Private decision 2,
Social efficiency 3
11
cards
Topic 12: Game Theory
Rationality 1,
Game theory 2,
Strategic interaction 3
11
cards
Topic 13: Oligopoly
Hotelling 1,
Best response in hotelling model 2,
Cournot model 3
5
cards
More about
ECON100A
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