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micro economics key terms

This class was created by Brainscape user Scarlett Jessup. Visit their profile to learn more about the creator.

By: Scarlett Jessup
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Decks in this class (16)

1.1 economic methodology
No deck description has yet been added by the author.
7  cards
1.2 the nature and purpose of economic activity
No deck description has yet been added by the author.
2  cards
unit 1.3 Economic recourses
No deck description has yet been added by the author.
2  cards
1.4 scarcity choice and the allocation of recourses
No deck description has yet been added by the author.
3  cards
1.5 production possibility diagrams
No deck description has yet been added by the author.
4  cards
2.1 consumer behaviour
No deck description has yet been added by the author.
10  cards
2.2 - imperfect information
No deck description has yet been added by the author.
4  cards
2.3 - aspects of behavioural economic theory
No deck description has yet been added by the author.
8  cards
2.4 - behavioural economics and economic policy
No deck description has yet been added by the author.
6  cards
3.1 the determinants of the demand for goods and services
No deck description has yet been added by the author.
5  cards
3.2 price income and cross elasticity of demand
No deck description has yet been added by the author.
18  cards
3.3 The determinants of the supply of goods + services
No deck description has yet been added by the author.
9  cards
3.4 price elasticity of supply
No deck description has yet been added by the author.
4  cards
3.5 the determination of equilibrium market price
No deck description has yet been added by the author.
5  cards
8.1 the market mechanism, market failure and government intervention in markets
No deck description has yet been added by the author.
3  cards
8.2 the meaning of market failure
No deck description has yet been added by the author.
7  cards

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micro economics key terms

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