This class was created by Brainscape user Rupert stark toller. Visit their profile to learn more about the creator.

Decks in this class (13)

econ equations
What is the douglas cobb function 1,
What is the mrs formula of the do...,
How does mrs relate to marginal u...
31  cards
consumer choice
If bundle a b and bundle b c what...,
What does a d mean 2,
If bundles a e c are indifferent ...
22  cards
production
What is capital 1,
What is labour 2,
What is the production function a...
21  cards
supply and demand
What affects the demand curve 1,
What affects the supply curve 2,
What are some gov interventions 3
7  cards
costs
Define opp cost 1,
What are sunk costs 2,
Equation for tc in the sr 3
22  cards
competitive firms and markets
What is price taking 1,
What are features of perfect comp...,
What are some faults of the requi...
22  cards
monopolies
What are causes of monopolies 1,
What is a natural monopoly 2,
What is the main feature of a nat...
19  cards
oligopily and monopolistic competition
What is a cartel 1,
Why do cartels form 2,
Why do cartels fail 3
26  cards
game theory
What is the prisoners dilemma 1,
What is a dominant strategy 2,
Define nash equilibrium 3
30  cards
factor markets
What is mrpl 1,
What is the mrpl equation 2,
How does a firm determine weather...
14  cards
general equilibrium and economic welfare
When is a study of general equili...,
What is a partial equilibrium ana...,
Is a full equilibrium analysis 3
27  cards
externalities
What is a negative externality 1,
What is a positive externaity 2,
Why are negative externalities ov...
16  cards
econ equations better
What is the equation for p in a c...,
What is the equation for q in a c...,
What is the equilibrium q for the...
34  cards

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econ equations

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