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Econ > Diagrams > Flashcards

Diagrams Flashcards

1
Q

Micro

Circular flow of income

A
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2
Q

Micro

Perfectly elastic demand

A
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3
Q

Micro

Perfectly inelastic demand

A
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4
Q

Micro

Perfectly elastic supply

A
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5
Q

Micro

Perfectly inelastic supply

A
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6
Q

Micro

Indirect tax

A
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7
Q

Micro

Per-unit subsidy

A
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8
Q

Micro

Price floor

A
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9
Q

Micro

Price ceiling

A
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10
Q

Micro

Perfect competition (HL)

A
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11
Q

Micro

Imperfect competition (HL)

A
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12
Q

Micro

Profit maximization in short-run: Profit-earning firm (HL)

Perfect competition

A
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13
Q

Micro

Profit maximization in short-run: Loss-minimizing firm (HL)

Perfect competition

A
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14
Q

Micro

Profit maximization in short-run: Breaking-even (HL)

Perfect competition

A
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15
Q

Micro

Productive efficiency (HL)

Perfect competition

A
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16
Q

Micro

Profit maximization in long-run: Entry eliminates profits (HL)

Perfect competition

A
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17
Q

Micro

Profit maximization in long-run: Exit eliminates losses (HL)

Perfect competition

A
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18
Q

Micro

Long-run equilibrium (HL)

Perfect competition

A
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19
Q

Micro

Profit maximizing (HL)

Monopoly

A
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20
Q

Micro

Loss minimizing (HL)

Monopoly

A
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21
Q

Micro

Breaking-even (HL)

Monopoly

A
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22
Q

Micro

Profit maximization in short-run (HL)

Monopolistic competition

A
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23
Q

Micro

Profit maximization in long-run: Entry eliminates profits (HL)

Monopolistic competition

A
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24
Q

Micro

Profit maximization in long-run: Exit eliminates losses (HL)

Monopolistic competition

A
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25
Q

Micro

Long-run equilibrium (HL)

Monopolistic competition

A
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26
Q

Micro

Non-collusive

Oligopoly

A
27
Q

Micro

Positive externalities of consumption

A
28
Q

Micro

Positive externalities of production

A
29
Q

Micro

Negative externalities of production

A
30
Q

Micro

Negative externalities of consumption

A
31
Q

Micro

Tradeable permits

A
32
Q

Micro

Carbon tax

A
33
Q

Micro

The abuse of monopoly power as a market failure

A
34
Q

Macro

Macroeconomic circular flow

A
35
Q

Macro

Business cycle

A
36
Q

Macro

Short-run equilibrium: Full employment (natural rate of unemployment)

AD/AS

A
37
Q

Macro

Short-run equilibrium: AD decreases (demand-deficient unemployment)

AD/AS

A
38
Q

Macro

Short-run equilibrium: AD increases (demand-pull inflation)

AD/AS

A
39
Q

Macro

Long-run equilibrium: AD decreases

AD/AS

A
40
Q

Maco

Long-run equilibrium: AD increases

AD/AS

A
41
Q

Macro

Negative supply shocks (stagflation/cost-push inflation)

AD/AS

A
42
Q

Macro

Positive supply shocks (economic growth)

AD/AS

A
43
Q

Macro

Long-run economic growth

AD/AS

A
44
Q

Macro

Lorenz curve

A
45
Q

Macro

Short-run Phillips Curve

A
46
Q

Macro

Long-run Phillips Curve: High unemployment

A
47
Q

Macro

Long-run Phillips Curve: Deflation

A
48
Q

Macro

Spending multiplier

AD/AS

A
49
Q

Macro

Expansionary fiscal policy

A
50
Q

Macro

Contractionary fiscal policy

A
51
Q

Macro

Changes in demand for money

The Money Market

A
52
Q

Macro

Changes in the money supply

The Money Market

A
53
Q

Macro

Expansionary monetary policy

A
54
Q

Macro

Contractionary monetary policy

A
55
Q

Macro

Expansionary monetary policy (HL)

Required Reserve Ratio (RRR)

A
56
Q

Macro

Contractionary monetary policy (HL)

Required Reserve Ratio (RRR)

A
57
Q

Macro

Supply-side policies

A
58
Q

Global

Poverty cycle

A
59
Q

Global

Quota

A
60
Q

Global

Tariff

A
61
Q

Global

Appreciation

A
62
Q

Global

Depreciation

A
63
Q

Global

J-Curve

A

Econ (4 decks)

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