This class was created by Brainscape user Prabhbeer Dhaliwal. Visit their profile to learn more about the creator.
- decks
- flashcards
- learners
Decks in this class (19)
Unit 1 - The Capitalist Revolution
What does gdp di leave out limita...,
What is disposable income di,
How do you calculate nominal gdp
11
cards
Unit 2 - Technology, Population and Growth
What is the malthusian trap,
How did we escape from the malthu...,
What factors stay constant in the...
8
cards
Unit 3 - Scarcity, Work and Choice
What does the marginal product of...,
What is utility,
What is the marginal rate of subs...
11
cards
Unit 4 - Social Interactions
What are social interactions,
What is nash equilibrium,
Invisible hand vs prisoners dilemma
4
cards
Unit 5 - Property and Power
What are institutions,
How to institutions enforce rules,
What is power
10
cards
Unit 6 - The firm: Owners, Managers and Employees
What is a firm,
What is an incomplete contract,
Why are contracts typically incom...
15
cards
Unit 7 - The firm and it's customers
What are two types of growth stra...,
What is the equation for profit,
What are isoprofit curves
7
cards
Unit 8.1 - Supply and Demand: Price Taking and Competitive Markets
What is market equlibrium,
What is c,
What forces a firm to be a price ...
7
cards
Unit 8.2 - Supply and Demand: Government Intervention
How does consumer surplus and pro...,
What is deadweight loss,
What are examples of government m...
5
cards
Unit 9 - The Labour Market: Wages, Profits and Unemployment
What type of people does the term...,
What is the equation of employmen...,
What is the equation of unemploym...
21
cards
Unit 10 - Banks, Money and the Credit Market
What is money,
What is wealth,
What is income
28
cards
Unit 11 - Price, Rent-Seeking and Market Dynamics
What are exogenous shocks to a model,
What is market equilibrium throug...,
What determines how relationships...
21
cards
Unit 12 - Markets, Efficiency and Public Policy
What conditions are required for ...,
What are the types of market failure,
What are possible solutions to ma...
15
cards
Unit 20 - Economics of the Environment
Why may natural changes become se...,
What are some solutions to the pr...,
What are some solutions to the pr...
10
cards
Unit 13 - Economic fluctuations and Unemployment
What type of relationship does bu...,
What is the definition of busines...,
What is a recession
14
cards
Unit 14 - Unemployment and fiscal policy
What is autonomous consumption,
What is marginal propensity to co...,
What is marginal propensity to save
26
cards
Unit 15 - Inflation, Unemployment and Monetary Policy
What is disinflation,
What is the fisher equation and w...,
What is consumer price index cpi ...
23
cards
Unit 16 - Technological Progress, Employment, and Living Standards in the Long Run
What are factors of labour market...,
What is the beveridge curve,
How can improved matching e
11
cards
Unit 19 - Economic Inequality
What causes the lower inequality ...,
What is the missing middle,
What forms of intergeneration tra...
12
cards
More about
ec1101
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Prabhbeer Dhaliwal's EC1101 flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
EC1101 Principles Of Economics
- 1 decks
- 31 flashcards
- 3 learners
Decks:
14 Firms In Competitive Markets, And more!
