This class was created by Brainscape user Kyle Greeff. Visit their profile to learn more about the creator.
By:
Kyle Greeff
- decks
- flashcards
- learners
Decks in this class (13)
CH1: Introduction to Economics
What is economics and why does it...,
What is scarcity and how is it di...,
What are needs vs wants in econom...
52
cards
CH2: Economic Systems
What are the three central econom...,
What is an economic system 2,
What are the three main types of ...
54
cards
CH3: Demand, Supply, & Prices
What is demand in economics 1,
What are the main determinants of...,
What is the law of demand 3
31
cards
CH4: Changes in Demand & Supply
What is the effect of an increase...,
What causes the demand curve to s...,
What is the result of a decrease ...
26
cards
CH5: Elasticity
What is elasticity in economics 1,
What does the elasticity formula ...,
What is price elasticity of demand 3
41
cards
CH6: The Theory Of Demand: Utility Approach
Blank 1,
What is utility in economics 2,
What is marginal utility 3
17
cards
CH7: Cost Of Production
Blank 1,
What is a firm in economics 2,
What is the main goal of a firm i...
70
cards
CH8: Market Structures
Blank 1,
What are the four standard market...,
What is the shut down rule in the...
47
cards
CH9: Labour Market
Blank 1,
What is the main factor determini...,
How does the labour market differ...
28
cards
CH10: Fiscal & Monetary Policy
Blank 1,
What are the four main functions ...,
What is the difference between co...
35
cards
CH11: Aggregate Demand & Supply
Blank 1,
What model is commonly used in mo...,
What does the ad curve represent 3
19
cards
CH12: Economic Growth, Unemployment, & Inflation
What are the three macroeconomic ...,
What is the importance of economi...,
How is economic growth measured 3
63
cards
CH13: The Foreign Sector
Blank 1,
Why do countries trade with each ...,
What is absolute advantage 3
40
cards
More about
Economics 1
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Kyle Greeff's Economics 1 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.
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?
Economics- Theme 1
- 27 decks
- 571 flashcards
- 7 learners
Decks:
Theme 1, Bridging Unit, 1 Economics As A Social Science, And more!
Economics
- 25 decks
- 1413 flashcards
- 1667 learners
Decks:
Chapter 1 The Basic Economic Problem, Aggregate Demand And Supply, Chapter 3 Elasticity, And more!
