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Decks in this class (19)
Unit 1 - The Capitalist Revolution
What does gdp di leave out limita...,
What is disposable income di,
How do you calculate nominal gdp
11
cards
Unit 2 - Technology, Population and Growth
What is the malthusian trap,
How did we escape from the malthu...,
What factors stay constant in the...
8
cards
Unit 3 - Scarcity, Work and Choice
What does the marginal product of...,
What is utility,
What is the marginal rate of subs...
11
cards
Unit 4 - Social Interactions
What are social interactions,
What is nash equilibrium,
Invisible hand vs prisoners dilemma
4
cards
Unit 5 - Property and Power
What are institutions,
How to institutions enforce rules,
What is power
10
cards
Unit 6 - The firm: Owners, Managers and Employees
What is a firm,
What is an incomplete contract,
Why are contracts typically incom...
15
cards
Unit 7 - The firm and it's customers
What are two types of growth stra...,
What is the equation for profit,
What are isoprofit curves
7
cards
Unit 8.1 - Supply and Demand: Price Taking and Competitive Markets
What is market equlibrium,
What is c,
What forces a firm to be a price ...
7
cards
Unit 8.2 - Supply and Demand: Government Intervention
How does consumer surplus and pro...,
What is deadweight loss,
What are examples of government m...
5
cards
Unit 9 - The Labour Market: Wages, Profits and Unemployment
What type of people does the term...,
What is the equation of employmen...,
What is the equation of unemploym...
21
cards
Unit 10 - Banks, Money and the Credit Market
What is money,
What is wealth,
What is income
28
cards
Unit 11 - Price, Rent-Seeking and Market Dynamics
What are exogenous shocks to a model,
What is market equilibrium throug...,
What determines how relationships...
21
cards
Unit 12 - Markets, Efficiency and Public Policy
What conditions are required for ...,
What are the types of market failure,
What are possible solutions to ma...
15
cards
Unit 20 - Economics of the Environment
Why may natural changes become se...,
What are some solutions to the pr...,
What are some solutions to the pr...
10
cards
Unit 13 - Economic fluctuations and Unemployment
What type of relationship does bu...,
What is the definition of busines...,
What is a recession
14
cards
Unit 14 - Unemployment and fiscal policy
What is autonomous consumption,
What is marginal propensity to co...,
What is marginal propensity to save
26
cards
Unit 15 - Inflation, Unemployment and Monetary Policy
What is disinflation,
What is the fisher equation and w...,
What is consumer price index cpi ...
23
cards
Unit 16 - Technological Progress, Employment, and Living Standards in the Long Run
What are factors of labour market...,
What is the beveridge curve,
How can improved matching e
11
cards
Unit 19 - Economic Inequality
What causes the lower inequality ...,
What is the missing middle,
What forms of intergeneration tra...
12
cards
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EC1101
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EC1101 Principles Of Economics
- 1 decks
- 31 flashcards
- 3 learners
Decks:
14 Firms In Competitive Markets, And more!
