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

Decks in this class (11)

Globalization
What is globalization,
What is international business,
What is global business
42  cards
International Trade And Foreign Exchange Market
Give a description of the classic...,
How would the modern theory compa...,
Compare absolute advantage to com...
55  cards
Political and Economic Forces
How do institutions reduce uncert...,
Discuss and compare the three pil...,
Compare formal and informal insti...
40  cards
Consumer Behavior
What is an indifference curve,
What are the four properties of a...,
Explain marginal rate of substitu...
30  cards
Firm Behavior under Different Market Structures
How is marginal cost derived,
How is marginal cost related to t...,
What is the specific formula to c...
41  cards
Macroeconomic Principles
What tools does the federal reser...,
What are open market operations,
When the fed buys bonds what impa...
37  cards
Microeconomic Principles
Explain the effect an income chan...,
What is the difference between a ...,
Explain how the price of related ...
41  cards
International Trade
Explain the concept of a tariff,
Explain dead weight loss,
How are tariff s and dead weight ...
11  cards
Measuring Economic Performance
What is consumer surplus,
Who receives consumer surplus,
In relation to the demand curve a...
31  cards
Production And Costs
Total cost,
Total revenue,
Profit
12  cards
PreTest
Which theory states that patterns...,
What is the financial environment...,
What happens to a country s real ...
49  cards

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Economics

  • Class purpose General learning

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