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COMM 171 (Principles of Economics)

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

By: yousef elshrek
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Decks in this class (18)

COMM 171 Week 1.1
What is an economy,
What is economics,
What is micro and macro economics
11  cards
COMM 171 Week 1.2
The production possibilitiesfrontier,
How do you know if its feasible,
What questions can we answer usin...
10  cards
COMM 171 Lecture 3.1
Competitive marekts,
What is the supply and emand model,
What does demand represent what i...
17  cards
COMM 171 Week 3.2
Consumer surplus,
Consumer surplus,
What is prodcer surplus
10  cards
COMM 171 - Lecture 5 Production
What is production production fun...,
Long run short run and total prod...,
What is marginal product and what...
14  cards
COMM 171 - Lecture 6 competitive market
Perfect competition,
Pc model equilibrium has the nice...,
Perfect competition key character...
12  cards
COMM 171 Lecture 7
Private cost social cost private ...,
What are exteranlities,
Positive externalty vs negative e...
9  cards
COMM 171 - Lecture 8
How much of a public good shuld b...,
Welfare state,
What s the rationale for the welf...
11  cards
Lecture 13
Micro vs macro questions,
Paradox thrift,
Monetary policy and fiscal policy
19  cards
Lecture 14
Gdp definition,
Final goods and services and inte...,
3 ways to calculate gdp
16  cards
Lecture 15
Unemployment rate labor force and...,
Labor force participation formula,
Two types of unemployment and why...
19  cards
Lecture 16
Gdp per capita and cobb douglas p...,
Sustained economic growth occurs ...,
Saving rate
22  cards
Lecture 17
Aggregate demand curve,
Aggregate price level,
Why does a rise in the aggregate ...
24  cards
Lecture 18
Recessionary gaps,
Fiscal policy what is it called w...,
Gdp purchased form
21  cards
Lecture 19
Money currency in circulation che...,
The roles of money,
Types of money
25  cards
Lecture 20
The opporuntiy cot of holing money,
Ceritificate of deposit,
Short term interest rates
25  cards
Grapghs for Macro and Micro
How to grapgh exteranalities,
How to grapgh ppf,
How to grapgh supply and demand
6  cards
quick
Reserve ratio,
Gdp,
Change in money supply
5  cards

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COMM 171 (Principles of Economics)

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