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

Flashcard maker: Will Martin

Decks in this class (41)

Economic methodology and the economic problem
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12  cards
Demand, PED, YED, XED and interrelationships between markets
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49  cards
Supply, PES, joint supply
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16  cards
Price determination, equilibrium, disequilibrium, excess demand/supply, the price mechanism
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9  cards
Production, costs and revenue
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17  cards
Market failure
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14  cards
Externalities
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6  cards
05 Market Failure: Core Concepts
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10  cards
05 Market Failure: The 6 Market Failures - monopolies, externalities, merit and de-merit goods
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45  cards
05 Market Failure: The 6 Market Failures - public goods, labour immobility, inequality
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34  cards
06 Government intervention and Government Failure
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27  cards
04 Markets in Action
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16  cards
03 Costs, Revenues and Market Structure
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7  cards
09 Costs & Revenues
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42  cards
10 Perfect Competition vs. Monopoly
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9  cards
Textbook Chapter 5
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35  cards
Labour Markers (Paper 1 & 3)
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15  cards
The distribution of income and wealth: poverty and inequality
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22  cards
4.1.47 Profit (Paper 3)
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0  cards
4.1.4.8 Technological change (Paper 1 & 3)
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13  cards
4.1.5.1 Market structures (Paper 1)
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9  cards
4.1.5.2 Objectives of firms (Paper 1 & 3)
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17  cards
4.1.5.3 Perfect competition (Paper 3)
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0  cards
4.1.5.4 Monopolistic competition (Paper 3)
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0  cards
4.1.5.5 Oligopoly (Paper 1)
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19  cards
4.1.5.6 Monopoly (Paper 1)
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24  cards
4.1.4.7 Price discrimination (Paper 3)
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0  cards
4.1.5.8 Dynamics of competition and competitive market processes (Paper 1 & 3)
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10  cards
4.1.5.9 Contestable and non-contestable markets (Paper 1)
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7  cards
4.1.5.10 Market structure, efficiency and resource allocation (Paper 1)
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5  cards
4.1.5.11 Consumer and producer surplus (Paper 3)
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0  cards
4.1.8.1 How markets and prices allocate resources
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5  cards
4.1.8.2 The meaning of market failure
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4  cards
4.1.8.3 Public goods, private and quasi-public goods
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6  cards
4.1.8.4 Positive and negative externalities in consumption and production
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0  cards
4.1.8.5 Merit and demerit goods
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0  cards
4.1.8.6 Market imperfections
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0  cards
4.1.8.8 Public ownership, privatisation, regulation and deregulation of markets
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27  cards
4.1.8.9 Government intervention in markets
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0  cards
2022 Exam: Monopoly regulation, privatisation, deregulation, nationalisation
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0  cards
Paper 1 - An and Ev
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3  cards

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Microeconomics Main

  • Class purpose General learning

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