This class was created by Brainscape user Anthony Athanasoulis. Visit their profile to learn more about the creator.
- decks
- flashcards
- learners
Decks in this class (20)
Ch. 1 - Core Principles
What is the cost benefit principle 1,
What is economic surplus 2,
What is the opportunity cost prin...
12
cards
Ch. 2 - Demand & Supply
What is an individual demand curve 1,
What is the law of demand 2,
What is the rational rule for buy...
11
cards
Ch. 3 - Supply & Producer Choice
What is an individual supply curve 1,
What is the law of supply 2,
What is perfect competition what ...
13
cards
Ch. 4 - Equilibrium
What are planned economies 1,
What are market economies 2,
What is a market 3
8
cards
Ch. 5 - Elasticity
What is the price elasticity of d...,
What does it mean for demand to b...,
What does it mean for demand to b...
12
cards
Ch. 6 - Taxes, Price Controls, & Quantity Regulations
Which way does a tax on buyers sh...,
What is a statutory burden what i...,
What is tax incidence 3
7
cards
Ch. 7 - Market Efficiency & Failure
What is positive analysis what is...,
What is economic efficiency effic...,
What is consumer surplus producer...
11
cards
Ch. 8 - Gains from Trade
What are gains from trade 1,
What is an absolute advantage wha...,
What are the 3 central roles of p...
6
cards
Ch. 9 - International Trade
What does it mean to import export 1,
What are trade costs 2,
What is world price 3
11
cards
Ch. 10 - Externalities & Public Goods
What is an externality 1,
What is a negative externality a ...,
Why do positive externalities sti...
23
cards
Ch. 11 - The Labour Market
What is the marginal product of l...,
What is the marginal revenue prod...,
How do you calculate the marginal...
9
cards
Ch. 12 - Why Wages Vary
What is human capital 1,
What is a signal 2,
What is an efficiency wage 3
14
cards
Ch. 13 - Inequality
What is income 1,
What is wealth 2,
What is permanent income 3
20
cards
Ch. 14 - Market Structure & Degrees of Market Power
What is market power 1,
What is perfect competition 2,
What is a monopoly 3
12
cards
Ch. 15 - Entry, Exit, Long-Run Profitability
What is accounting profit 1,
What is economic profit 2,
What is average revenue 3
12
cards
Ch. 16 - Price Discrimination & Pricing Strategies
What is price discrimination 1,
What is a reservation price 2,
What is perfect price discriminat...
8
cards
Ch. 17 - Economics of Strategic Management
What is the five forces framework 1,
What is price competition what is...,
What is a search good 3
9
cards
Ch. 18 - Game Theory and Strategic Choices
What are strategic interactions 1,
What is a payoff table 2,
What is the best response 3
20
cards
Ch. 19 - Decisions Involving Private Information
What is priviate information 1,
What is adverse selection of sell...,
What is adverse selection of buye...
9
cards
Ch. 20 - Decisions Involving Uncertainty
What is a fair bet 1,
What does risk averse mean 2,
What is expected utility 3
19
cards
More about
EC120 F2024
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Anthony Athanasoulis's EC120 F2024 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?
EC120 - MicroEcon
- 20 decks
- 238 flashcards
- 34 learners
Decks:
Chapter 1 10 Principals Of Economics, Chapter 2 Thinking Like An Economist, Chapter 3 Interdependence And Gains From, And more!
EC120- Quant 2
- 3 decks
- 24 flashcards
- 1 learners
Decks:
Scat Cor Reg, Sampling, Inference Sigma Known, And more!
