This class was created by Brainscape user Unknown Unknown. Visit their profile to learn more about the creator.
By:
Unknown Unknown
- decks
- flashcards
- learners
Decks in this class (20)
Term 1 Week 1: Consumer Theory and Budget Constraints
What does standard economic theor...,
What is the equation for a budget...,
How do you draw the budget constr...
5
cards
Term 1 Week 2: Preferences
What is the difference between or...,
What are the assumptions on prefe...,
What do indifference curves look ...
8
cards
Term 1 Week 3: MRS
What is the mrs 3 1,
How can we work out the mrs using...,
How does the mrs change for diffe...
7
cards
Term 1 Week 4: Optimisation and Comparative Statics
Where do consumers generally cons...,
When does doesn t the tangency co...,
What is the equi marginal princip...
14
cards
Term 1 Week 5: Income and Substitution effects and Optimising Graphically
How can we cancel the income effe...,
What is the difference between th...,
How to graphically illustrate the...
8
cards
Term 1 Week 6: Optimising Mathematically
How do we use the lagrangian to o...,
What does tangency imply 2 2,
What is the general rule for opti...
9
cards
Term 1 Week 7: Applications
What are the three ways changes i...,
How can we measure consumer surpl...,
How can we measure the compensati...
11
cards
Term 1 Week 8: Producer Theory
What does producer theory look at...,
How do we model a production func...,
What is the producers choice set 3 3
17
cards
Term 1 Week 9: Costs of Production
What is the difference between ex...,
What are economic accounting and ...,
How can firms aim to maximise pro...
18
cards
Term 1 Week 10: Profit Maximisation
What is the 2 step problem for pr...,
How can we show profit maximisati...,
What is the profit function with ...
13
cards
Term 2 Week 1: Introduction to Economic Modelling and Demand
What are different types of econo...,
What is the difference between pa...,
What are some criticisms of econo...
10
cards
Term 2 Week 2: Equilibrium, Prices and Information
What does equilibrium represent a...,
How do we interpret linear demand...,
What are comparative statics and ...
8
cards
Term 2 Week 3: Welfare
What is a social choice problem 2 1,
What is a social welfare function...,
What are arrows perfect swf prope...
10
cards
Term 2 Week 4: Price Controls, Tariffs and Quotas, Taxation and Subsidies
What are 3 applications of the de...,
How to graphically represent a ma...,
What are things to consider with ...
23
cards
Term 2 Week 5: Time Preferences and Sin Taxes
What is the economic rationale fo...,
What is discounting and why does ...,
What is present bias and how does...
6
cards
Term 2 Week 6: Introduction to Game Theory and Nash Equilibrium
What is the difference between a ...,
What must we define for game theo...,
What does a payoff matrix look li...
15
cards
Term 2 Week 7: Mixed Strategies and Dynamic Games
0
cards
Term 2 Week 8: Repeated Games and Coordination Failure
0
cards
Term 2 Week 9: Monopoly and Competitive Markets
0
cards
Term 2 Week 10: Oligopoly
0
cards
More about
EC109 Microeconomics
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Unknown Unknown's EC109 Microeconomics 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.
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?
EC109
- 5 decks
- 168 flashcards
- 5 learners
Decks:
Consumer Theory Basics Optimisation, Producer Theory, Consumer Theory Comparative Statics, And more!
Microeconomics
- 19 decks
- 666 flashcards
- 995 learners
Decks:
Economic Methodology Scarcity Choice And, Producer Surplus, Intro To Supply And Demand, And more!
