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Econ 107 Midterm

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

By: Casey Kovarik
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Decks in this class (11)

Adam Smith Intro
What are his main works,
When was theory of moral sentimen...,
What is the wealth of nations kno...
16  cards
Adam Smith "Value"
Theory of value,
Which kind of value did smith foc...,
Contrast use and exchange value
29  cards
Adam Smith Division of Labor
Whats smiths main point on divisi...,
Why was smith into dol,
Three arguments on how dol improv...
12  cards
Adam Smith Class Review Qu.s
What does dol lead to,
Why does he use stats eg pin fact...,
How does smith generalize his arg...
39  cards
Adam Smith Sympathy
How is sympathy important to smit...,
Who is the spectator,
What characteristic is central to...
25  cards
Adam Smith Virtue
Which book was virtue essential to,
Virtue shapes,
Character of virtue
6  cards
Adam Smith Justice
Justice differs from other virtue...,
Justice has several meanings,
Justice is necessary for
22  cards
Adam Smith Markets and Morality
How does morality foster markets,
What is the basic need that motiv...,
What is approbation based on
13  cards
Adam Smith Motives and Prudence
Self command,
Benevolence,
Prudence
8  cards
Ricardo Rents and Profits
Theory of rent,
Assumptions of the theory of rent,
Wages in theory of rent
11  cards
Ricardo Comparative Advantage
Why are there gains from trade,
What usually explains differences...,
Comparative advantage
12  cards

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Econ 107 Midterm

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