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

Decks in this class (19)

Chapter 1
Economy 1,
Economics 2,
Market economy 3
37  cards
Chapter 2
Blank 1,
Model 2,
Tax models 3
5  cards
Chapter 4
Willingness to pay 1,
Individual consumer surplus 2,
Total consumer surplus 3
26  cards
Chapter 6
Elasticity 1,
Price elasticity of demand 2,
Change in quantity demanded 3
46  cards
Chapter 5
Price controls 1,
Price ceiling 2,
Price floor 3
30  cards
Chapter 7
Excise tax 1,
Incidence 2,
What does the incidence of an exc...
30  cards
Chapter 9
Explicit costs 1,
Implicit costs 2,
Accounting profit 3
21  cards
Chapter 10
Utility 1,
Consumption bundle 2,
Utility function 3
15  cards
Chapter 11
Indifference curve 1,
Indifference curve map 2,
Marginal rate of substitution mrs 3
5  cards
Chapter 13
Price taking producer 1,
Price taking consumer 2,
Perfectly competitive market 3
30  cards
Chapter 14 - Monopoly
Monopolist 1,
Monopoly 2,
Two dimensions market structures ...
15  cards
Chapter 15
Oligopoly 1,
Imperfect competition 2,
Duopoly 3
28  cards
Chapter 16
Monopolistic competition 1,
What is the only way monopolistic...,
Imperfect substitutes 3
7  cards
Chapter 17
Marginal social cost of pollution 1,
Marginal social benefit of pollut...,
Socially optimal quantity of poll...
22  cards
Chapter 18
Exclaudable 1,
Rival in consumption 2,
Nonexcaudable 3
15  cards
Chapter 19
Welfare state 1,
Government transfer 2,
Poverty program 3
16  cards
Chapter 20
Physical capital 1,
Human capital 2,
Derived demand 3
28  cards
Chapter 21
Random variable 1,
Expected value 2,
State of the world 3
25  cards
Web Chapter
Information good 1,
Information goods costs 2,
Patents 3
12  cards

More about
Economics

  • Class purpose General learning

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