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

Decks in this class (12)

Week 1 - Opportunity Cost
1  cards
Week 2 - Demand and Supply, Elasticity
What does the market consist of,
What are all the buyers in the ma...,
What do consumers prioritise
43  cards
Week 3 - Elasticity, Efficiency
Elasticity, Efficiency
42  cards
Week 4 - Consumer theory
Where does the demand curve come ...,
Where does the supply curve come ...,
What are the 3 steps of what bund...
58  cards
Week 5 - Producer theory
What are producer assumptions,
What is the producers goal,
What causes inputs through produc...
73  cards
Week 6 - Perfect competition
What helps determine the output l...,
What are the 3 assumptions of per...,
What can perfect competition not ...
35  cards
Week 7 - Monopoly
What is are 3 assumptions of impe...,
What is the difference between pe...,
What are the three different form...
35  cards
Week 8 - Game theory
What is game theory a method of s...,
What are strategic situations bas...,
What are two market structures us...
42  cards
Week 9 - Oligopoly
What is oligopoly,
What are some examples of oligopoly,
What is oligopoly characterised by
37  cards
Week 9 pt2 - Monopolistic competition
When does monopolistic competitio...,
When are profits made in monopoli...,
Is the surplus in monopolistic co...
4  cards
All brief market structures
What are the size and number of b...,
What are the size and number of b...,
What are the size and number of b...
20  cards
Week 10 - Labour markets +lt2
What is the circular flow diagram,
What is labour supply,
What are two options with how we ...
21  cards

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ECON102

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