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Ekonomie 114

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

By: Rayno Mostert
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Decks in this class (17)

Chapter 11
Characteristics of the short run 1,
Characteristics of the long run 2,
Sunk cost 3
22  cards
Chapter 10
Explicit costs 1,
List implicit costs 2,
Entrepreneurship as implicit cost...
11  cards
Chapter 9
Indifference curves 1,
Preference map 2,
Properties of indifference curves 3
12  cards
Chapter 8
Two categories of factors affecti...,
Assumptions with consumption poss...,
Budget line 3
15  cards
Chapter 6
Price ceiling 1,
When do rent ceilings have no eff...,
The effect of a rent ceiling set ...
11  cards
Chapter 5
Resource allocation methods 1,
Value vs price 2,
Marginal benefit 3
16  cards
Chapter 1
Microeconomics 1,
Macroeconomics 2,
Goods and services 3
21  cards
Chapter 2
Production possibilities frontier...,
Production efficiency 2,
Production efficiency on the prod...
27  cards
Chapter 3
Competitive market 1,
Relative price 2,
Quantity demanded 3
23  cards
Chapter 4
Price elasticity of demand 1,
Formula for price elasticity of d...,
Perfectly inelastic demand 3
24  cards
Chapter 12
Perfect competition 1,
How does perfect competition arise 2,
Minimum efficient scale 3
15  cards
Chapter 13
Monopoly 1,
Two reasons why a monopoly arises 2,
Three types of barrier to entry 3
12  cards
Chapter 14
Monopolistic competition 1,
Three implications of the large n...,
Collusion 3
12  cards
Chapter 15
Oligopoly 1,
Duopoly 2,
Cartel 3
5  cards
Competition Policy
Five economic problems government...,
Why are monopolies and oligopolie...,
4 means of government intervention 3
8  cards
Chapter 16: Public Choices and Public Goods
Private choice 1,
Public choice 2,
Three reasons while governments e...
33  cards
Chapter 17: Externalities and the Environment
Private cost 1,
Marginal cost 2,
Marginal private cost 3
20  cards

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Ekonomie 114

  • Class purpose General learning

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