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

Decks in this class (25)

Exam 1
Economics 1,
What is econ logic 2,
What three questions does any soc...
74  cards
problem set #2 chp 3
Law of demand is the assertion th...,
Inferior good 2
2  cards
problem set #1 chp 1-2
Normative analysis is concerned w...,
Positive analysis is concerned wi...,
Example of positive analysis 3
4  cards
problem set #6 chp 9
Absolute advanatge 1,
Comparative advantage 2
2  cards
10/4 notes
Two aspects to healthcare 1,
What is something always comapred...,
What is a way to pay for health c...
20  cards
10/6 notes
Affordable care act aca 1,
Single propieter 2,
Partnership 3
18  cards
10/9 notes
Direct finance 1,
Indirect finance 2,
What are bonds 3
10  cards
10/16 notes
What does trade go with on a graph 1,
What is the virtue of trade 2,
Producer surplus on graph with tr...
13  cards
10/18 notes
How does a demand supply graph lo...,
What does theory of the consumer ...,
What does understanding help with...
15  cards
10/20 notes
Look at notes 1,
Three aspects of behavioralists 2,
Behavioral economics 3
7  cards
more to know
Normal good 1
1  cards
10/23 notes
Q for theory of the firm 1,
Fixed inputs variable 2,
Variable inputs variable 3
18  cards
10/30 notes
Average total cost atc 1,
What are the two views of the firm 1,
Atc 2
8  cards
11/1 notes
What makes something profittable 1,
Firms market power in perfect com...,
Amount of firms in perfect compei...
18  cards
11/3 notes
Fixed cost 1,
What happens when price is below ...,
How do you find marginal revenue 3
9  cards
11/6
Short run 1,
Long run 2,
Long run with firms 3
17  cards
11/8 notes
Laissez faire 1,
Price too low 2,
Higher price 3
9  cards
11/10 notes
Components of perfect competition 1,
Excess capacity 2,
Imperfect competition components 3
4  cards
11/13 notes
Barriers 1,
Monopoly 2,
Two types of monopolies are 3
8  cards
11/17 notes
Oligpoly 1,
Interdependence 2,
Dominant strategy 3
5  cards
final
Game theory 1,
Dominat strategy 2,
Explicit collusion 3
14  cards
11/20 notes
What are the two kinds of monopol...,
What kind of monopoly is this 2,
What kind of monopoly is this 3
5  cards
12/1 notes
How is price set for perfect comp...,
How is price set for imperfect co...,
If demand leads to one price it i...
6  cards
12/4 notes
Is this graph a good model for pr...,
Elasticity 2,
Perfect price discrimination 3
7  cards
11/15 notes
Market share 1,
Sec securities and exchamge commi...,
Herphindal index hi 3
3  cards

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Microeconomics

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