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economics theme 4

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

By: Giorgina Baldwin
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Decks in this class (5)

Chapter 1 = Competition and market power
Spectrum of competition,
The closer a market is to a monopoly,
The closer a market is towards pe...
39  cards
Chapter 2= market power and market failure
Market failure,
Market power,
Cartel
26  cards
Chapter 3 = Market Failure across the economy
Merit goods,
A public good,
Non rivalrous
13  cards
Chapter 4= macroeconomic policies and impact on firms and individuals
Economic cycle,
Full capacity output,
Actual output
35  cards
Chapter 5= Risk and the financial sector
Difference between risk and uncer...,
The impact of shocks,
Forward markets
10  cards

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economics theme 4

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