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Economics Micro > Market structure, static efficiency, dynamic efficiency and resource allocation > Flashcards

Market structure, static efficiency, dynamic efficiency and resource allocation Flashcards

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Economics Micro (15 decks)

Economic methodology and the economic problem

The nature and purpose of economics

Scarcity, choice and the allocation of resources

Production possibility diagrams

Individual economic decision making

Imperfect information

Aspects of behavioural economic theory

Behavioural economics and economic policy

Price determination in a competitive market

supply of goods and services

The determination of equilibrium market prices

The interrelationship between markets

Price, income and cross elasticities of demand

Production, costs and revenue

Market structure, static efficiency, dynamic efficiency and resource allocation

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