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Decks in this class (13)

EC1101E
What is considered scarcity,
What scarce resources does societ...,
What is economics
33  cards
Demand supply
What does a supply demand model show,
How does the market economy alloc...,
What is a market
29  cards
EC1101E part 3
What is elasticity,
What is the definition of price e...,
How does the price elasticity of ...
55  cards
part 4
What are the assumptions for an e...,
What happens when a price ceiling...,
What causes the poor conditions i...
19  cards
Lecture 5
Unauthorized copying or reuse of ...,
Give 2 ways of how markets can fail,
What is an externality
36  cards
questions that i got wrong
If a severe drought destroys a si...,
51 which of the following helps e...,
56 firm xyz produces and sells co...
6  cards
Lecture 6
What is defined as monopoly,
Why do monopolies arise,
What are the sources of bte
41  cards
Macro 1
How to measure high sustained eco...,
What is the purpose of an economy,
What is economic production
46  cards
Macro 2
What is the rule of 70,
If growth rate is 7 time to doubl...,
What is the growth equation
55  cards
Macro 3
What are g elements included in c...,
What are the t elemetns included ...,
What is a technical recession
50  cards
Macro 4
What are the main function of money,
What is double coincidence of wants,
Commodities were used as money wi...
49  cards
Macro 5
When were the seeds of financial ...,
What were the type of financial i...,
What is securitisation what is th...
40  cards
Macro 6
What is currency market,
What are foreign exchange reserves,
What is the exchange rate
34  cards

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EC1101E

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