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

Decks in this class (11)

2.1 Firms and costs
What does producer theory assume ...,
What are we going to assume about...,
Why do we assume profit maximisat...
73  cards
2.2 Perfect competition and Monopoly
What are we going to look at today,
What is a cartel,
What is the profit function then ...
66  cards
2.4 Oligopoly
What is a oliogopolisitc markets,
When we look at monopolies firms ...,
1 for example a iphone do you thi...
55  cards
MT Readings
What paper is associated with top...,
What does the introduction of tve...,
What does tversky thaler 1990 pap...
58  cards
General equilibrium
What the 2 components of the mark...,
What is decentralization and self...,
Why is it called the market syste...
83  cards
Distribution of Wealth and Inequality
What is equity in economics,
Is the market system fair,
What does distrubtion mean
76  cards
Public goods and Externalities
The goods we have studied so far ...,
What does depletability mean and ...,
What does excludability mean and ...
75  cards
Behavioural Economics II
What is behavioural economics,
Is the assumption of maximising u...,
Where can biases occur
54  cards
Political economy
We have spent time on 3 aspects f...,
So far what is the assumption we ...,
What are 2 main aspects of politi...
57  cards
Asymmetric information
What is moral hazard,
Give an example of moral hazard w...,
What is the problem here in this ...
87  cards
Innovation
What are 2 main dimensions of inn...,
What is product innovation and pr...,
Do governments stimulate innovati...
43  cards

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EC201 LT

  • Class purpose General learning

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