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MicroEconomics
> The interaction of Markets > Flashcards
The interaction of Markets Flashcards
Study These Flashcards
MicroEconomics
(25 decks)
The Basic Econ Problem
Allocation of Resources
Opportunity Cost
Specialisation
Demand
Supply
Consumer and Producer Surplus
The interaction of Markets
Elasiticty
The concept of the Margin
Market Failure and externalities
Information Failure
Public Goods
Govt. Intervention
Business Objectives
Cost and Economies of Scale
Revenue and Profit
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly
Contestable Markets
Demand for Labour
Supply of Labour
The Interaction of Labour Markets