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Microeconomics

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

By: Can Gelirli
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Decks in this class (14)

Demand And Supply
Define demand 1,
Define effective demand 2,
Define latent demand 3
48  cards
Oligopoly
Define oligopoly 1,
What are the features of an oligo...,
Define concentration ratio 3
14  cards
Price Discrimination
Define price discrimination 1,
What are the conditions necessary...,
Methods of price discrimination 3
9  cards
Monopoly
Define pure monopoly 1,
What are the features of a monopo...,
Define price maker 3
17  cards
Perfect Competition
What are the features of perfect ...,
Do firms in perfect competition h...,
Is there productive efficiency in...
6  cards
Divorce Of Ownership And Control
Define divorce of ownership and c...,
Who does the divorce of ownership...,
What problem does the doo lead to 3
7  cards
Profit
Define normal profit 1,
Define super normal profit 2,
What is the role of profit 3
4  cards
Economies And Diseconomies Of Scale
Define eos 1,
Define internal eos 2,
Define external eos 3
16  cards
Cost And Revenue Curves
Define total revenue 1,
Define average revenue 2,
Define marginal revenue 3
10  cards
Market Failure
Define market failure 1,
Define consumer surplus 2,
Define producer surplus 3
16  cards
Judgements
Define value judgement 1,
Define normative statement 2,
Define positive statements 3
4  cards
General Economic Activity
What is economics 1,
What is a free market 2,
What is a planned economy 3
4  cards
Economic Resources
Define capital 1,
Define enterprise 2,
Define renewable 3
4  cards
Production Possibility Frontiers
Define ppf 1,
List factos which increase ppf 2,
List factors which decrease ppf 3
8  cards

More about
Microeconomics

  • Class purpose General learning

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