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

Decks in this class (18)

Chapter 1: The economic problem and opportunity cost
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54  cards
Chapter 2: The allocation of resources, specialisation and trade
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42  cards
Chapter 3: Demand
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27  cards
Chapter 4: Supply
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18  cards
Chapter 5: The interaction of markets
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15  cards
Chapter 6: Elasticity
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62  cards
Chapter 7: Prices, resource allocation and concept of the margin
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28  cards
Chapter 8: Market failure and externalities
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40  cards
Chapter 9: Market failure: information failure and public goods
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18  cards
Chapter 10: Government intervention and government failure
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53  cards
Chapter 11: Costs, economies of scale, revenue and profit
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39  cards
Chapter 12: Objectives of business
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21  cards
Chapter 13: Market structure: perfect competition
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17  cards
Chapter 14: Market structure: monopoly
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33  cards
Chapter 15: Market structures: monopolistic competition, oligopoly and contestable markets
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10  cards
Chapter 16: The demand for labour
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5  cards
Chapter 17: the supply of labour
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3  cards
Chapter 18: the interaction of labour markets
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3  cards

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microeconomics

  • Class purpose General learning

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