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By:
Helen Lee
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Decks in this class (14)
Command terms
Give a detailed account,
Give a specific name value or oth...,
Make clear the differences betwee...
32
cards
Unit 1 Terms
The study of scarcity and choice,
A system for coordinating a socie...,
Economic measures that summarize ...
24
cards
Quiz 2 terms
A market in which there are many ...,
A shift of the demand curve which...,
A shift of the supply curve which...
23
cards
Quiz 3 terms
Losses associated with quantities...,
The price of a given quantity at ...,
A market in which goods services ...
24
cards
Quiz 4
The lowest price at which a poten...,
A term often used to refer both t...,
When the price elasticity of dema...
24
cards
Quiz 5
All the consumption bundles avail...,
The cost of a consumers consumpti...,
The set of all consumption bundle...
18
cards
Quiz 6
A cost that depends on the quanti...,
The sum of the fixed cost and the...,
A graphical representation of the...
22
cards
Quiz 7
The change in total revenue gener...,
A firm in an industry with only a...,
An industry with only a small num...
24
cards
Quiz 8
Marginal revenue curve,
Price taking firms optimal output...,
Break even price
24
cards
Quiz 9
Prisoners dilemma,
Noncooperative equilibrium,
Tacit collusion
24
cards
Quiz 10
Equilibrium value of the marginal...,
Unions,
Transaction costs
25
cards
Macro quiz 1
Business cycle,
Depression,
Recessions
16
cards
Macro Quiz 2
National income and product accounts,
National accounts,
Household
20
cards
Macro Quiz 3
Intermediate goods and services,
Gross domestic product gdp,
Aggregate spending
16
cards
More about
IB Econ
- Class purpose General learning
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