This class was created by Brainscape user tom rawlinson. Visit their profile to learn more about the creator.
By:
tom rawlinson
- decks
- flashcards
- learners
Decks in this class (12)
1.1 Introduction
What is microeconmics 1,
Basic economic problem 2,
Positive statements vs normative ...
5
cards
1.2 Utility functions and Preferences
How to denote preferences 1,
Assumptions of consumer preferenc...,
What are indifference curves and ...
10
cards
1.3 Consumer Choice, Price/Income, Income/Substitution
What are budget constraints 1,
What are the properties of a budg...,
What are the effects of a change ...
16
cards
1.4 Elasticity
What is elasticity 1,
What is ped 2,
What do the different values of p...
10
cards
1.5 CompEcuVariation/ Labour Supply
What is equivalent variation 1,
What is compensating variation 2,
What are the differences between ...
17
cards
1.6.1 Production and Costs
What are the properties of a priv...,
What is profit 2,
What is a production function 3
17
cards
1.6.2 Costs
What are explicit implicit costs 1,
What is the opportunity cost of r...,
What if there is no market for a ...
20
cards
1.7 Supply
What questions required for profi...,
When are profits maximised 2,
When would a firm shutdown 3
24
cards
1.8 Monopoly/Price Discrimination
What is a monopoly and what are t...,
How do governments intervene in m...,
How to monopolies profit maximise 3
16
cards
1.9.1 Monopolistic/Game theory
Assumptions 1,
What are likely causes 2,
What is profit max in short long ...
6
cards
1.9.2 Oligopolistic Markets
What are oligopolistic markets 1,
What are cartels 2,
How are cartels graphically prese...
15
cards
1.10 Externalities and Asymmetric Information.
What are the effects of externali...,
How is negative externality ilust...,
How are externalities privately 3
23
cards
More about
Intro to Econ
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study tom rawlinson's Intro to Econ flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
