Business Economic's

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

Decks in this class (19)

Economic Profit
What is economic profit 1
1  cards
Accounting Profit
What is accounting profit 1
1  cards
lecture 1
What do economists study 1,
Define scarcity in economics 2,
What are the factors of production 3
18  cards
lecture 2
What is a perfectly competitive m...,
What happens to price during a sh...,
What happens to price during a su...
27  cards
lecture 3
What is elasticity in the context...,
Define price elasticity of demand...,
What does a demand curve under pe...
26  cards
Lecture 6
Aim of advertising 1,
Total revenue 2,
Average revenue 3
10  cards
lecture 5
What is the definition of opportu...,
What are explicit costs 2,
What are implicit costs 3
22  cards
lecture 7
Perfect competition 1,
The degree of competition in diff...,
Factors affecting the degree of c...
18  cards
lecture 8
Monopolistic competition 1,
Monopolistic competition equilibr...,
Oligopoly 3
11  cards
lecture 9
Simultaneous single shot single m...,
Rational agent 2,
Nash equilibirum 3
10  cards
lecture 10
Price discrimination 1,
Types of price discrimination 2,
First degree perfect price determ...
14  cards
Lecture 11
The objective of social efficiency 1,
Socially efficient output where 2,
Market power 3
16  cards
WEEK 4
Blank 1,
What does marginal utility theory...,
Define total utility tu 3
34  cards
WEEK 13/14
0  cards
WEEK 15
0  cards
WEEK 16
Balance of payements record all m...,
3 components 2,
Exports is 3
19  cards
WEEK 17
Economic growth 1,
Circle flow of income 1,
Household provides 2
60  cards
WEEK 18
The economy is a system of interc...,
Aggregate demand is it leads to i...,
Simple keynesian model 3
24  cards
WEEK 19
Fiscal policy 1,
Problem of fiscal policy 2,
Expansionary fiscal policy 3
63  cards

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Business Economic's

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