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

Decks in this class (12)

Chapter 1: Economic Issues and Concepts
How do we calculate productivity ...,
What are the three typical types ...,
What are the two types of product...
21  cards
Chapter 2: Economic Theories, Data, and Graphs
What is a positive statement,
What is a normative statement,
What does an economic theory explain
12  cards
Chapter 3: Demand, Supply and Price
What is the difference between qu...,
What are some factors which can i...,
What does ceteris paribus mean
24  cards
Chapter 4: Elasticity
What does elasticity measure,
What determines elasticity,
What are five types of elasticity
39  cards
Chapter 5: Price Controls and Market Efficiency
What happens if a price is set ab...,
What happens if a price is set be...,
What determines the quantity with...
16  cards
Chapter 6: consumer behavior
What is the difference between ut...,
What is the law of diminishing ut...,
How are the graphs of total utili...
18  cards
Chapter 7: Producers in the Short Run
What are the four types of inputs...,
What is an intermediate input,
What is a production function
33  cards
Chapter 8: Producers in the long run
What is the key difference betwee...,
What does it mean when a firm tri...,
True false technical efficiency i...
30  cards
Chapter 9: Competitive Markets
What does a market structure refe...,
What does it mean for a firm to h...,
When is a market competitive
40  cards
Chapter 10: Monopoly, Cartels, and Price Discrimination
What are the characteristics of p...,
What is a monopoly,
What is the market demand curve i...
34  cards
Chapter 11: Imperfect competition and Strategic Behaviour
What doesnt a perfectly competiti...,
What is a characteristic among mo...,
What is meant when an industry is...
31  cards
Chapter 16: Market Failures and Government Intervention
What is the basic function of the...,
Why is building an institution di...,
Define the concept of allocative ...
11  cards

More about
ECON 208

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Eric Juneau's ECON 208 flashcards for their McGill University class 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?

Econ 208
  • 4 decks
  • 54 flashcards
  • 2 learners
Decks: Week 2 Solow Model Of Growth, Week 1 Introduction, Week 3 Aggregate Demand, And more!
AP Microeconomics
  • 10 decks
  • 428 flashcards
  • 219 learners
Decks: Introduction, Consumer Theory, Producer Theory, And more!
Microeconomics
  • 14 decks
  • 645 flashcards
  • 3 learners
Decks: Chapter 1, Chapter 2, Chapter 3, And more!
Econ Higher
  • 23 decks
  • 1205 flashcards
  • 22 learners
Decks: What Is Economics, Limited Resources Unlimited Wants, The Price System And Economic Problem, And more!
Make Flashcards