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ECONOMICS

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

By: Edvin Jakubovskij
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Decks in this class (17)

8.1: Elasticity
Demand function is a relationship...,
Demand function notation formula 2,
The slope of the demand curve is ...
16  cards
8.2: Profits, Competition and Break-even Analysis
Marginal revenue mr is 1,
Marginal revenue mr formula 2,
Marginal cost mc is 3
10  cards
9.1: Perfect Competition
Perfect competition is a market s...,
Monopolistic competition is a hig...,
Five factors determine market str...
6  cards
9.3: Oligopoly
In pricing interdependence scenar...,
The cournot assumption 2,
The nash equilibrium in oligopoly...
3  cards
9.4: Monopoly and Concentration
First degree price discrimination...,
Second degree price discriminatio...,
Third degree price discrimination...
5  cards
10.1: GDP, Income, and Expenditures
Aggregate output is 1,
Aggregate income is 2,
Real gdp real gdp that measures 3
13  cards
10.2: Aggregate Demand and Supply
Aggregate demand is 1,
Aggregate supply is 2,
Aggregate demand curve is an 3
8  cards
10.3: Macroeconomic Equilibrium and Growth
Production function provides the ...,
A two factor production function ...,
Capital deepening investment incr...
6  cards
11.1: Business Cycle Phases
Classical cycle refers to in the ...,
Growth cycle refers to fluctuatio...,
Growth rate cycle refers to in th...
4  cards
11.2: Inflation and Indicators
What are the theories of business...,
Keynesian shifts in cause busines...,
New keynesian in addition to othe...
14  cards
12.1: Money and Inflation
Monetary policy actions taken by ...,
Fiscal policy the use of and spen...,
Money multiplier 3
8  cards
12.2: Monetary Policy
Open market operations are 1,
Monetary transmission mechanism is 2,
What are the main types of moneta...
10  cards
13.1: Geopolitics and Geopolitical Risk
Standardization is the process of 1,
Soft power are the means of 2,
Classification of geopolitical ac...
4  cards
14.1: International Trade Benefits
Terms of trade is the ratio of 1,
Net exports the difference between 2,
Trade surplus deficit when the va...
17  cards
14.2: Trade Restrictions
Balance of payments bop is a 1,
Bop accounts are 2,
Current account represents 3
5  cards
15.1: Foreign Exchange Rates
The nominal exchange rate tells 1,
The real exchange rate tells how ...,
Purchasing power parity ppp descr...
11  cards
15.3: Managing Exchange Rates
The elasticities approach highlig...,
The condition that guarantees tha...,
The generalized marshall lerner c...
3  cards

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ECONOMICS

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