This class was created by Brainscape user Neutral Goblin Academia.
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Neutral Goblin Academia
- decks
- flashcards
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Decks in this class (15)
ECON 1: Introduction to Economics
0
cards
ECON 2.1+2.2: Demand and Supply
What is the law of demand 1,
What is ceteris paribus 2,
How do the factors of demand incr...
15
cards
ECON 2.4-2.6: PED, YED, and PES
Price elastic demand 1,
Price elastic supply 2,
Price inelastic demand 3
12
cards
ECON 2.7: Government Intervention (Microeconomics)
0
cards
ECON 2.8-2.9: Market Failures
Define marginal social benefit msb 1,
Define marginal social cost msc 2,
What are negative externalities o...
6
cards
ECON 3.1-3.2: Economic Activity
Define gross domestic product 1,
Define gross national income 2,
Define consumption c 3
8
cards
ECON 3.3: Economic Objectives
0
cards
ECON 3.4: Economics of inequality and poverty
0
cards
ECON 3.5-3.7: Government Intervention (Macroeconomic Policies)
What are supply side policies 1,
Main goals of supply side policies 2,
Define market based supply side p...
15
cards
ECON 4.1+4.4: Trade and Economic Integration
What is the progression of econom...,
What is a preferential trade agre...,
What is a free trade area agreeme...
11
cards
ECON 4.2-4.3: Trade Protectionism and Evaluation
What is trade protection 1,
Argument for protectionism protec...,
Argument for protectionism nation...
18
cards
ECON 4.5: Exchange Rates
Determinant of exchange rate fore...,
Determinant of exchange rate dome...,
Determinant of exchange rate fore...
12
cards
ECON 4.6: Balance of Payments
0
cards
ECON 4.7-4.8: Economic Development and Measurement
0
cards
ECON 4.9-4.10: Economic Growth/Development Barriers and Strategies
Which domestic factors contribute...,
Which international trade factors...,
How can import substitution contr...
17
cards
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IB ECON
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