This class was created by Brainscape user Kylea Hegen. Visit their profile to learn more about the creator.
By:
Kylea Hegen
- decks
- flashcards
- learners
Decks in this class (14)
chapter 1
The study of how people manage th...,
A term used to refer broadly to a...,
Questions about how things are 3
30
cards
Chapter 2
Households families and informal ...,
Governments and other local natio...,
A good whose benefits are freely ...
26
cards
Chapter 3
The willingness and ability of pu...,
The willingness of producers and ...,
The prevailing price for a specif...
31
cards
Chapter 4
A measure of the responsiveness o...,
The responsiveness of the quantit...,
A relationship between price and ...
17
cards
Chapter 5
The branch of microeconomics that...,
Total benefits to society minus t...,
Impacts of an economic transactio...
20
cards
chapter 7 vocab
A model that portrays the economy...,
A subfield of microeconomics that...,
Placing undue importance on parti...
14
cards
chapter 8 vocab
The idea that consumers needs and...,
A line showing the possible combi...,
The pleasure or satisfaction rece...
16
cards
chapter 12 vocab
A tax levied on a product to redu...,
Bringing external costs into the ...,
A per unit payment to producers t...
29
cards
ch. 12 true/false
A negative externality is incorpo...,
A pigovian tax will result in an ...,
A pigovian tax will eliminate neg...
27
cards
chapter 13 vocab
A good that is excludable and riv...,
A good whose consumption by other...,
A goos that can only be consumed ...
15
cards
ch. 13 true/false
The marginal cost of providing a ...,
Cable television is an example of...,
The two characteristics of a comm...
18
cards
chapter 14
Any resource that is valued for i...,
The quantity of something at a pa...,
Any activity intended to increase...
24
cards
chapter 15
The resources that go into produc...,
The goods and services that resul...,
Production costs that can be adju...
30
cards
chapter 16
The ability to control or at leas...,
A market for the exchange of iden...,
A seller that has no market power...
14
cards
More about
Econ 102
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Kylea Hegen's Econ 102 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?
ECON102
- 34 decks
- 2606 flashcards
- 2 learners
Decks:
Week 1 Opportunity Cost, Week 2 Demand And Supply Elasticity, Week 3 Elasticity Efficiency, 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!
ECON 102
- 18 decks
- 1301 flashcards
- 104 learners
Decks:
Exam 1 Chapter 1, Exam 1 Chapter 2 Production And Trade, Exam 1 Chapter 3 Global Economic System, And more!
