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

Decks in this class (12)

Demand
What is demand 1,
What does the law of demand state 2,
What are the conditions of demand 3
7  cards
Supply
What is supply 1,
What does the law of supply state 2,
What are the conditions of supply 3
3  cards
Price, Income And Cross Elasticity Of Demand
What is price elasticity of demand 1,
When is demand inelastic 2,
When is demand elastic 3
6  cards
Maximum Prices
What is a maximum price 1,
What is the aim when imposing a m...,
What is needed for a maximum pric...
12  cards
Minimum Pricsz
What is a minimum price 1,
What is the aim of a minimum pric...,
Draw a minimum price diagram 3
9  cards
Negative Externalities
What is a negative externality 1,
What are the two types of negativ...,
What is a negative externality in...
13  cards
Positive Externalities
What is a positive externality in...,
What are some examples of positiv...,
How does education act as a posit...
10  cards
Price Mechanism
What is a market 1,
What is the market equilibrium 2,
What is market disequilibrium 3
7  cards
Public Goods
What are the characteristics of a...,
What does it mean to be non exclu...,
What does it mean to be non rival...
6  cards
Trade Pollution Permits
What is a pollution cap 1,
Where is this pollution cap set 2,
What does the government do after...
12  cards
Regulation
What is regulation 1,
What sort of approach does regula...,
What is the command examples 3
6  cards
Business Growrh
What is organic growth 1,
How can organic growth be perused 2,
Benefits of organic growth 3
17  cards

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Econ Theme 1

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