- decks
- flashcards
- learners
Decks in this class (14)
Consumer choice (L1&2)
Competitive equilibrium 1,
Nash equilibrium 2,
Budget line intersects y axis 3
15
cards
Utility (L3)
Explain utility being an ordinal ...,
Perfect substitutes 2,
Perfect compliments 3
7
cards
Demand (L4)
Lagrange 1,
Mrs 2,
Formula for demand of x1 cobb dou...
16
cards
Uncertainty (L6)
Lottery 1,
Expected value 2,
Expected utility 3
17
cards
Endowments (L7)
Value of bundle in terms of endow...,
How to know if you are a buyer se...,
Finding gross demand 3
8
cards
Exchange (L8&L9)
Pareto efficiency 1,
Pareto dominates when 2,
Feasible allocations 3
7
cards
Technology (L11)
Properties of technology 1,
Trs 2,
Returns to scale 3
6
cards
Profit max & Cost minimisation (L12)
Profit 1,
When can you solve profit max 2,
Steps to solve cost function 3
5
cards
Competitive markets (L13)
Market demand supply 1,
What is fixed in the short run 2,
Long run 3
13
cards
Monopoly & Oligopoly (L14)
Monopoly 1,
Oligopoly 2,
Inverse demand 3
6
cards
Payoff Matrix (L15)
Games 1,
Notations for set of players 2,
Notation for strategies 3
7
cards
Nash Equilibrium (L16)
Dominant strategy equilbrium 1,
Second price auction 2,
Best replies 3
5
cards
Mixed Strategies (L17)
Pure strategies 1,
Mixed strategies 2,
How to mix strategies 3
5
cards
Public goods and externalities (L18)
Under provision 1,
Free riding 2,
Positive externality 3
11
cards
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Intermediate Microeconomics
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