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Emily Morris
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Decks in this class (19)
Supply and Demand
Why is the supply curve upward sl...,
What is economics,
What is positive economics
26
cards
Consumer Demand Theory
What is the budget constraint,
Describe the budget constraint di...,
What happens to the budget constr...
17
cards
Production Decisions
What is comparative advantage of ...,
What does an isoquant line show w...,
What does the isocost line show w...
16
cards
Market Structures
What are the 6 assumptions charac...,
A firm will choose an output to m...,
Under perfect competition mr p why
31
cards
Labour Markets
Define the marginal revenue produ...,
Labour is a derived demand define...,
How do firms decide how much labo...
24
cards
Welfare Economics
Explain the 2 types of equity,
What are 3 ways that perfectly co...,
What is pareto efficiency
28
cards
Econometrics - OLS
What is the general equation for ...,
What is the total sum of squares ...,
What is the interpretation of the...
41
cards
Econometrics - Panel/TS & hetero/autocorrelation
What is heteroskedasticity and wh...,
What are 6 reasons heteroskedasti...,
What are the consequences of hete...
57
cards
Unemployment and Inflation
What is structural unemployment,
What is cyclical unemployment,
Define zero inflation
25
cards
Money and Savings
What is money,
What are the 3 functions of money,
What are the money aggregates cur...
17
cards
Monetary Policy (incl. Interest Rates and Monetary Transmission)
Define liquidity,
Define solvency,
What happens when a bank loans to...
34
cards
Measuring the economy
Define recession,
What is okun s law,
What is okun s coefficient how is...
36
cards
Consumption and investment
How do households respond to fluc...,
Explain smoothing over the life c...,
What will a consumption smoothing...
12
cards
The Multiplier Model
What are the 2 types of expenditu...,
How is consumption spending model...,
What is autonomous consumption c0...
17
cards
Fiscal Policy
What does tight deflationary fisc...,
What does loose expansionary fisc...,
What are automatic stabilisers in...
21
cards
Economic Growth
What are the 8 assumptions of the...,
What does the solow model show,
What does the production function...
36
cards
ISLM Model/Keynesian Econ
In the keynesian model how does t...,
What is the equation for the keyn...,
The equilibrium position of the k...
18
cards
Exchange Rates
What effects does an increase in ...,
What impact does a depreciation i...,
What impact does an appreciation ...
8
cards
International Trade
What is absolute advantage,
What is comparative advantage,
What a gains from trade
15
cards
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technical assessment
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