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meg goodwin
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Decks in this class (14)
micro economics defintions
Need 1,
Want 2,
Economic welfare 3
110
cards
formulas micro economics
Price elasticity of supply 1,
Cross elasticity of demand 2,
Income elasticity of demand 3
4
cards
elastcities
Inelastic demand 1,
Elastic demand 2,
Ped 3
40
cards
microeconomics market failure key terms
Market failure 1,
Complete market failure 2,
Partial market failure 3
33
cards
economic methodology and the economic problem definitions
Need 1,
Blank 1,
Want 2
13
cards
individual economic decision making defintions
consumer behaviour, imperfect information,aspects of behavioural economic theory, behavioural economics and economic policy
5
cards
behavioural economics key terms
Bounded self control 1,
Behavioural economics 2,
Rules of thumb 3
15
cards
price determination key terms
supply,demand
40
cards
production, costs and revenue
Production 1,
Short run production 2,
Long run production 3
47
cards
the objectives of the firm
Profit maximisation 1,
Revenue maximisation 2,
Sales maximisation 3
8
cards
perfect, monopolistic,oligopoly, monoply competition
Anti competitive behaviour 1,
Cartel 2,
Collision 3
55
cards
cost rev and production flashcards
Total marginal and average revenu...,
Invention vs innovation 2,
What is specilisation 3
9
cards
stats
How many eco inactive dec 2024 1,
2022 poorest 20 change in income ...,
Gini coefficent 2021 3
11
cards
distribution of income and wealth key terms
Income 1,
Wealth 2,
Distribution of income 3
14
cards
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micro economics
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