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Econ Micro Midterm

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

By: Matthew Baldwin
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Decks in this class (6)

Chapter 1 Modern Economics
Scarcity,
Trade offs,
Inflation
19  cards
Chapter 2 Thinking Like an Economist
Basic competitive model,
Competition,
Rational choice
29  cards
Chapter 19 International Trade and Trade Policy
Exports,
Imports,
Bilateral trade
23  cards
Chapter 3 Demand, Supply & Price
Demand,
Price,
Demand curve
20  cards
Chapter 4 Using Supply and Demand
Relatively elastic good,
Price elasticity of demand,
Unitary elasticity
19  cards
Chapter 5 The Consumption Decision
Normal goods,
Income elasticity of demand,
Inferior goods
16  cards

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Econ Micro Midterm

  • Class purpose General learning

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