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Micro Economics

This class was created by Brainscape user Cesar A. Contla. Visit their profile to learn more about the creator.

By: Cesar A. Contla
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Decks in this class (13)

Chapter 1: Basic microeconomics concepts
What is microeconomics 1,
What do economists do 2,
A few challenges in economics 3
22  cards
For Midterm (stuff You Have Trouble With)
Price elasticity if substitute is...,
Price elasticity of complement is...,
The world faces a scarcity of ide...
44  cards
Chapter 6: individual choice
How will individuals act to achie...,
How do economist analyse individu...,
Utility analysis cardinal utility 3
36  cards
Chapter 5: Ethics
External effects what are they 1,
Welfare economics 2,
Efficiency in economy 3
28  cards
Chapter 4- Elasticity
Price elasticity of demand calcul...,
What doesnt serve us well when co...,
Whats important to consider regar...
42  cards
Chapter 2- Theories, Data And Beliefs
Variables 1,
Data 2,
What do economic models and theor...
31  cards
Chapter 3: demand and supply basics
Comparative static analysis 1,
Equilibrium price 2,
Excess demand 3
35  cards
Chapter 7: firms, investors, and capital markets
Sole proprietor 1,
Partership 2,
Company or corporation 3
29  cards
chapter 8: Production and costs
What is the driving force of the ...,
What are the forms of efficient p...,
Cost reduction 3
49  cards
chapter 9: perfect competition
What is a monopolist market 1,
Perfectly competitive markets 2,
Where do real life markets lien t...
24  cards
chapter 10: Monopoly
Marginal revenue 1,
Total revenue 2,
What happens to the marginal reve...
39  cards
CHAPTER 11: IMPERFECT COMPETITION
Monopolist 1,
Perfect competition 2,
Matching markets 3
55  cards
Chapter 15: international trade bhaye
What are the two main exports of ...,
What are most countries trying to...,
Who is canada s mains partner 3
52  cards

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Micro Economics

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