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jess h
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Decks in this class (8)
UNIT 1: INTRO TO ECON
What is a economy 1,
Difference between microeconomics...,
What are the principles of indivi...
5
cards
UNIT 2: SUPPLY AND DEMAND
What s the difference between dem...,
Finish the sentence 2,
What causes demand curve to shift...
7
cards
UNIT 4- ECONOMIC WELLBEING
Where is the consumer and produce...,
What is the price ceiling give an...,
What is a price floor give an exa...
5
cards
UNIT 5: PRODUCTION
What is a production function 1,
What is the difference between a ...,
Always one thing is fixed 3
6
cards
UNIT 6: PERFECT COMP MODEL
What is perfect competition 1,
What are the key characteristics ...,
What is marginal revenue 3
5
cards
UNIT 7- EXTERNALITIES
What is an externality 1,
Give an example of a negative ext...,
Explain cap and trade versus emis...
7
cards
UNIT 8- PUBLIC GOODS & INEQUALITY
What is a public good 1,
Market can only efficiently produ...,
What is welfare state 3
8
cards
UNIT 9- INTERNATIONAL TRADE
What is expanding industry 1,
Explain what it that means to hav...,
What are the effects of tariffs 3
6
cards
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ECON 171
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