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

Decks in this class (31)

government intervention in microeconomics
Why do governments intervene,
What is a price control,
What is a price floor and how can...
26  cards
market failure and socially undesirable outcomes
What are common pool resources,
What are private goods,
What re collective goods
42  cards
market failure and socially undesirable outcomes II
What is a positive production ext...,
How can these be corrected and wh...,
How can positive production exter...
48  cards
international trade
Why do countries benefit from int...,
What is specialization,
What is free trade
35  cards
international trade II
What is the infant industry argument,
What are ideas against the infant...,
What is an infant industry
37  cards
exchange rates
What is foreign exchange,
What is an exchange rate,
What is depreciation
55  cards
balance of payments
What happens in a floating exchan...,
What happens in a fixed exchange ...,
How can they compare on a degree ...
12  cards
economic activity
What does the circular flow of in...,
What are the key components that ...,
What are savings
54  cards
aggregate demand and supply
What is aggregate supply,
What is the short run aggregate s...,
What is the short run
31  cards
macroeconomic objectives
What is unemployment,
What is the labour force,
What is underemployment
69  cards
1. Introduction to Economics
What is economics,
What is micro economics,
What is macro economics
50  cards
2. Demand and Supply
What is a market,
What is competition,
What is a competitive market
47  cards
3. Elasticities
What is elasticity,
What is ped,
How do you calculate ped
44  cards
4. Government Intervention
Why do governments intervene,
What is a price control,
What is a price floor and what ar...
22  cards
5. Market Failure I
What is market failure,
What are common pool resources,
What are private goods
27  cards
6. Market Failure 2
0  cards
8. Economic activity
0  cards
7. Market Failure III
0  cards
9. Aggregate Demand and Supply
0  cards
10. Macroeconomic objectives I
0  cards
11. Macroeconomic objectives II
0  cards
12. Inequality and Poverty
0  cards
13. Demand / Supply Side Policy
0  cards
14. International Trade I
0  cards
15. International Trade II
0  cards
16. Exchange Rates I
0  cards
17. Exchange Rates II
0  cards
18. Economic Development
0  cards
19. Economic Growth Barriers
0  cards
20. Promoting Economic Growth
0  cards

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economics

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