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Business Economics

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

By: Thiên Nguyễn
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Decks in this class (11)

Chapter 1
Ch1 what are the four principles ...,
Ch1 what are the three principles...,
Ch1 what are three principles tha...
17  cards
Chapter 2
What is circular flow diagram,
What is production possibilities ...,
A shift in the productionpossibil...
19  cards
Chapter 3
Robinson crusoe s ppf,
Absolute advantage,
Opportunity cost
11  cards
Chapter 4
A normal good,
Law of demand,
Quantity demanded
14  cards
Chapter 5
Elascity,
Price elasticity of demand,
When is demand for good elastic o...
14  cards
Chapter 5 - 2
Total revenue and the price elast...,
Inelastic demands,
Review tutorial
13  cards
Chapter 6
Price ceiling,
Binding price ceiling,
Price floor
17  cards
Chapter 10
Externality,
A recap of welfare economics,
Negative externalities in production
13  cards
Chapter 4 P2
Why does the demand curve slope d...,
Quantity supplied,
The law of supply
14  cards
Mid-term Test Week 5
Economics is best defined as the ...,
Your opportunity cost of going to...,
3 a marginal change is one that a...
18  cards
Week 5 and 6 (chapter 7 8 9)
1 welfare economicswhat is welfar...,
What is willingness to pay abilit...,
Consumer surplus
10  cards

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Business Economics

  • Class purpose General learning

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