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Decks in this class (11)
CHAPTER 1 (NATURE AND SCOPE)
What is positive economics 1,
What is normative economics 2,
What is microeconomics 3
12
cards
Chapter 2: Demand and Supply
What is the definition of demand 1,
What does the demand graph look l...,
What factors affect demand 3
13
cards
CH3 ELAST OF DD n SS
Define price elasticity of demand 1,
What is the significance of the m...,
Describe a good being price elast...
22
cards
CHP 4: Application of demand, supply and elasticity.
What are the effects of shifts in...,
What is the effect of a shift in ...,
What is the effect of a change in...
18
cards
Chp 5b Public Goods and Externalities
What are the characteristics of p...,
What is non rivalry in consumption 2,
What is non excludability in cons...
20
cards
Chp 5a Basics of Market Failure
What is the efficient allocation ...,
Define marginal private cost and ...,
Define marginal social cost and b...
4
cards
CH7 National Income Accounting
Blank 1
1
cards
CHAPTER 8 ECON GROWTH
What is actual growth and what ar...,
What is potential growth and what...,
What is sustained economic growth...
10
cards
CH9 Unemployment
What is demand deficient unemploy...,
How does technological advancemen...,
How does economic restructuring r...
4
cards
CH10 Inflation
What is the impact of rising ad o...,
What is wage push inflation 2,
How does rising commodity prices ...
16
cards
CHAPTER 12 MEASURING INT TRADE AND FIN
What is the balance of payments 1,
What are the components of the cu...,
Blank 3
3
cards
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H2 ECONS
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