This class was created by Brainscape user Juliette Repole. Visit their profile to learn more about the creator.
By:
Juliette Repole
- decks
- flashcards
- learners
Decks in this class (14)
Chapter 1
What is economics 1,
What are the five factors of prod...,
How are produced goods divided 3
80
cards
Chapter 2
What is a normative statement 1,
What is a positive statement 2,
What must a responsible economist...
21
cards
Chapter 3
What is ceteris paribus 1,
What is quantity demanded 2,
Other than price what change will...
51
cards
Chapter 4
What is elasticity 1,
What are the four types of elasti...,
What are the three working defini...
39
cards
Chapter 5
What is a disequilibrium price 1,
What is a price floor 2,
What is minimum wage and its goal 3
45
cards
Extra Questions
Define market supply 1,
Define marginal analysis 2,
Define luxury good 3
12
cards
Chapter 6
Differentiate between utility tot...,
Describe diminishing marginal uti...,
Describe the consumer s maximizin...
50
cards
Chapter 7
How may a firm be organized 6 1,
What is an mne 3 2,
What is the money a firm raises f...
89
cards
Chapter 8
When does technical efficiency oc...,
How does a firm maximize profit 2,
What is cost minimization 3
27
cards
Chapter 9
What does market structure refer ...,
When do firms have market power 2,
When is a market competitive 3
31
cards
Chapter 10
What is total revenue for a monop...,
What is average revenue for a mon...,
What is marginal revenue for a mo...
20
cards
Chapter 11
What does the theory of monopolis...,
What is the theory of oligopoly 2,
What is a concentration ratio 3
19
cards
Chapter 12
Describe the industry characteris...,
Describe the industry characteris...,
Describe industry characteristics...
20
cards
Chapter 16
Describe the basic functions of t...,
Give the formal defence for free ...,
Give the informal defence for fre...
15
cards
More about
ECON 101
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Juliette Repole's ECON 101 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?
ECON101
- 9 decks
- 384 flashcards
- 2318 learners
Decks:
Chapter 1, Lecture 1 Review Chapter 1 3, Lecture 2 Chapter 4, And more!
econ
- 37 decks
- 702 flashcards
- 19 learners
Decks:
Economics As A Social Science 111, Market Failure 13 Gov Intervention 14, Theme 2 21 Measures Of Economic Performa, And more!
