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

Decks in this class (17)

12 and 13: Costs and Perfect Competition
Which are two parts of costs econ...,
What is affectual forecasting,
What is narrative fallacy
48  cards
Digressions 12 & 13
Digression opportunity costs and ...,
Digression opportunity costs and ...,
Digression opportunity costs and ...
25  cards
5: Elasticities
What do elasticities show us,
What is one main application of e...,
How do you compute the elasticity...
21  cards
14: Firm Behavior in Monopolistic markets
When does a firm have a monopoly ...,
What is different in this chapter...,
What relation between the quantit...
50  cards
Digressions 14
Which pricing strategy do most fi...,
Which are the two categories of t...,
What are revealed preference mode...
23  cards
9: Principles of Game Theory
What does game theory analyze,
How is a game defined,
Economists use games in order to ...
24  cards
1: First Principles
What do economists want to find out,
What is unexpectedly also an impo...,
What is the definition of scarcity
33  cards
Digressions 1
There are two approaches to deali...,
How do most western economists tr...,
How does one deal with scarcity i...
11  cards
2: Gains from Trade
By what is the comparative advant...,
What is a autarky,
What is the definition of opportu...
11  cards
Digressions 2
Heckscher ohlin and the losers of...,
Exploitation and lock ins in unpr...,
Taming the passions how early the...
6  cards
6: Externalities and Public Goods
When is the market equilibrium ef...,
When is a market a perfect market,
What is analyzed in this chapter
30  cards
Digressions 6
What is class action,
What problems arise in class actions,
What is the goal of class action
18  cards
Exercises and how to solve them
Determine a coutnries production ...,
How do you compare the opportunit...,
Where do the curves start if you ...
54  cards
Digression 9
A tale about the importance of co...,
A tale about the importance of co...,
A tale about the importance of co...
50  cards
15: Oligopolistic firm behavior
What aspect is different in this ...,
What do the firms now in oligopol...,
What is the consequence of firms ...
29  cards
Digressions 15
What is the stackelberg model,
What is a commitment device,
Why is the idea of commitment imp...
29  cards
Taxonomy of market structures
One buyer and one seller,
One buyer and a few sellers,
One buyer and many sellers
9  cards

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Economics

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