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economics: unit 1

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

By: Bergina Obertinca
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Decks in this class (20)

Topic 1: scarcity
No deck description has yet been added by the author.
17  cards
Topic 2: Production Possibility Frontiers and opportunity cost
No deck description has yet been added by the author.
6  cards
Topic 3: Specialisation And The Division Of Labour
No deck description has yet been added by the author.
5  cards
Topic 4: Free Market And Mixed Economies
No deck description has yet been added by the author.
14  cards
Topic 5: Positive And Notmative Economics
No deck description has yet been added by the author.
2  cards
Topic 6: Demand
No deck description has yet been added by the author.
14  cards
Topoc 7- Price Elasticity Of Demand
No deck description has yet been added by the author.
19  cards
Topic 8- Income Elasticity
No deck description has yet been added by the author.
9  cards
Topic 9-cross elasticity Of Demand
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3  cards
Topic 10&11-the Supply Curve
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12  cards
Topic 15 - indirect Tax And Subsidies
No deck description has yet been added by the author.
8  cards
Topic 13-consumer And Producer Surplus
No deck description has yet been added by the author.
6  cards
Topic 16-The demand and supply of labour
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19  cards
Topic 14- The Price Mechanism
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1  cards
Topic 17-Market Failure And Public Goods
No deck description has yet been added by the author.
9  cards
Topic 18- Imperfect market knowledge
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5  cards
Topic 19-Negative Externalities
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5  cards
Topic 20- Positive Externalities
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5  cards
Topic 21-labour Immobility
No deck description has yet been added by the author.
8  cards
Topic 22- Unstable Comodity Markets
No deck description has yet been added by the author.
13  cards

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economics: unit 1

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