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Economics Theme 1 revised > 7- Price determination evaluation > Flashcards

7- Price determination evaluation Flashcards

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Economics Theme 1 revised (30 decks)

1- Economics as a social science definitions

1- Economics as a social science

1- Economics as a social science evaluation

2- Rational decision making definitions

2- Rational decision making

2- Rational decision making evaluation

3- Demand definitions

3- Demand evaluation

4- Price/income/cross-elasticities definitions

4- Price/income/cross-elasticities

4- Price/income/cross-elasticities evaluation

5- Supply definitions

5- Supply evaluation

6- Price elasticity of supply definitions

6- Price elasticity of supply

6- Price elasticity of supply evaluation

7- Price determination definitions

7- Price determination

7- Price determination evaluation

8- Price mechanism definitions

8- Price mechanism

9- Types of Market Failure definitions

9- Types of Market Failure

9- Types of Market Failure evaluation

10- Externalities definitions

10- Externalities

10- Externalities evaluation

11- Gov intervention

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