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EC109 Microeconomics

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

By: Unknown Unknown
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Decks in this class (20)

Term 1 Week 1: Consumer Theory and Budget Constraints
What does standard economic theor...,
How do you draw a budget constraint,
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 2,
How can we work out the mrs using...,
How does the mrs change for diffe...
8  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 lamda imply,
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 surplus,
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
14  cards
Term 1 Week 9: Costs of Production
0  cards
Term 1 Week 10: Profit Maximisation
0  cards
Term 2 Week 1: Introduction to Economic Modelling and Demand
0  cards
Term 2 Week 2: Equilibrium
0  cards
Term 2 Week 3: Welfare
0  cards
Term 2 Week 4: Price Controls, Tariffs and Quotas
0  cards
Term 2 Week 5: Time Preferences and Sin Taxes
0  cards
Term 2 Week 6: Introduction to Game Theory and Nash Equilibrium
0  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

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  • 168 flashcards
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