Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

(504) Economics and Society

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

By: Natallie Kh
Start Studying

Decks in this class (12)

01 Macroeconomics Bird's Eye View of the Economy
Main actors in economy,
What do households do,
What do firms do
23  cards
02 Thinking Like an Economist
Scarcity no free lunch principle,
Cost benefit principle,
Incentive principle
15  cards
03 Supply and Demand
Substitutes,
Complements,
Shortage
50  cards
04 Elasticity
Price elasticity of demand,
If price elasticity is greater th...,
Formula for elasticity
34  cards
05 Perfect Competition
Productivity,
As price increases firms in a per...,
Average variable cost avc
32  cards
06 Monopoly
Imperfectly competitive firms,
Monopoly,
Monopolistic competition
25  cards
08 - 12 Intro to Law
The cga applies to,
The cga now includes,
Section 2 of cga defines consumer as
20  cards
08 - 12 Legal Systems
Different powers of government leg,
Different powers of government exec,
Different powers of government judi
7  cards
08 - 12 Constitution
Written constitution,
Unwritten constitution,
The new zealand constitution is d...
7  cards
08 - 12 Contracts
Definition of contract,
Contracts can be verbal or in wri...,
Features of contract law
16  cards
08 - 12 Fair Trading Act
Fta 1986 ensures,
Pre sale protection,
Anyone can
13  cards
07 Externalities
External cost negative externality,
Externality,
External benefit positive externa...
4  cards

More about
(504) Economics and Society

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Natallie Kh's (504) Economics and Society flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

EXMD 504
  • 12 decks
  • 927 flashcards
  • 2 learners
Decks: Ebv, Epidemiology Of Cancer, Lecture 3, And more!
Spanish - Society and Home
  • 16 decks
  • 263 flashcards
  • 8 learners
Decks: Friends, Social Issues, Family, And more!
economics
  • 33 decks
  • 948 flashcards
  • 1 learners
Decks: Perfect Competition Imperfectly Competit, Labour Market, Monetary Policy, And more!
504 essential words
  • 9 decks
  • 216 flashcards
  • 725 learners
Decks: 01 02, 03 04, 05 06, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions