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Microeconomics
> state provision > Flashcards
state provision Flashcards
Microeconomics
(25 decks)
free market economies
introduction to economics
opportunity cost PPF curve 1.1.4
rational decision making 1.2.1
demand 1.2.2
supply 1.2.4
PED 1.2.3
PES 1.2.5
YED
Price determination market equilibrium 1.2.6
consumer and producer surplus 1.2.8
indirect taxation 1.2.9
subsidies 1.2.9
market failure and externalities 1.3.1 and 1.3.2
causes of market failure 1.3.3
causes of market failure information gaps 1.3.4
govt intervention in markets - minimum pricing 1..4.1
cross elasticity of demand XED
efficiency
price mechanism
public goods
information gaps
minimum pricing
government intervention in markets 1.4.1
state provision
