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economics for business

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

By: Lauren Bain
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Decks in this class (10)

Supply And Demand
Price,
Cost,
Market
26  cards
Elasticities
Elasticity is,
What are the 2 types of elasticity,
What does price elasticity of sup...
14  cards
Firm Behaviour
What is an excludable good,
What does it mean if a good is a ...,
What are the 4 types of goods
15  cards
Production, Pricing And Marketing Stratgies
What is marginal revenue,
What is average revenue,
What is marginal cost
26  cards
Macroeconomic Aggregates
What are the 3 variables that mac...,
What is output gdp,
What is the inflation rate
21  cards
Aggregate Demand
What are the benefits of being op...,
What is the definition of exports,
What is the def of imports
22  cards
Aggregate Supply- Labour Market And Unemployment
In the labour market households a...,
What is a union,
What is collective bargaining
15  cards
Equations
E total costs,
E average total cost,
E average variable cost
27  cards
Inflation And The Phillips Curve
What does the classical theory of...,
The value for money is determined by,
The supply of money is controlled by
18  cards
Fiscal, Monetary And Supply Side Policies
What does the aggregate demand cu...,
Why might the aggregate demand cu...,
What are the 2 most important for...
4  cards

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economics for business

  • Class purpose General learning

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