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Econ 101

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

By: Michelle Unknown
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Decks in this class (16)

Econ 101: Chapter 1
Cost benefit principle 1,
Convert costs and benefits into d...,
Money is 3
29  cards
Econ 101: Chapter 2
Individual demand curve 1,
Demand curve axes 2,
Individual demand curves are 3
33  cards
Econ 101: Chapter 3
Supply 1,
Individual supply curve 2,
The law of supply 3
38  cards
Econ 101: Chapter 4
Planned economy 1,
Market economy 2,
Market 3
38  cards
Econ 101: Chapter 5
Price elasticity of demand is 1,
Price elasticity of demand 1,
Elastic 2
36  cards
Econ 101: Chapter 6
A tax on buyers 1,
A tax on buyers means that 2,
Taxes 3
35  cards
Econ 101: Chapter 7
Positive analysis 1,
Positive analysis involves 2,
Normative analysis 3
55  cards
Econ 101: Chapter 8
Gains from trade 1,
Money is 2,
Absolute advantage 3
23  cards
Econ 101: Chapter 9
Import 1,
Export 2,
You can get a better deal by trad...
50  cards
Econ 101: Chapter 10
Externality 1,
Externalities lead to 2,
Negative externality 3
51  cards
Econ 101: Chapter 11
In the labour market the supply c...,
In the labour market the demand c...,
Labour market graph axies 3
38  cards
Econ 101: Chapter 13
Income 1,
Income is distributed 2,
Quintile 3
57  cards
Econ 101: Chapter 14
Market structure industrial organ...,
Market power 2,
The higher your market power 3
60  cards
Econ 101: Chapter 15
Accounting profit 1,
Total revenue 2,
Explicit financial costs 3
46  cards
Econ 101: Chapter 18
Game theory 1,
Strategic interactions 2,
4 steps to make good strategic de...
44  cards
Econ 101: Chapter 19
Private information 1,
Asymmetric information 2,
In the scenario of buying a used ...
40  cards

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Econ 101

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