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

Decks in this class (14)

Lecture 1
Define the dangers of economic th...,
Define trade,
Define market
8  cards
Lecture 2
Define innovation,
Define cost,
Define income
9  cards
Lecture 3
Define marginal,
Define marginal revenue,
Define fixed costs
6  cards
Lecture 4: Profit & Loss/ Growth
Define profit,
Define profit and loss decisions,
Growth why
7  cards
Lecture 5: Costs
Define the cost categories,
2 types of capital costs,
Define fixed capital costs
5  cards
Lecture 6: More costs
Define class 4 estimates,
Estimating installed cost,
Working capital costs
5  cards
Lecture7: Cashflow table
How do we decide what projects to...,
Challenges faced when investing i...,
Economic analysis of a project
7  cards
Lecture 8: More cashflow (NPV)
When is payback time reached,
Define present value of money,
Define npv
4  cards
Lecture 9: IRR & Risk
Define irr,
Define risks,
Risk mitigation strategy
5  cards
Lecture 10: Business
Define sole trader and its disadv...,
Define partnership and its disadv...,
Define limited liability company ...
7  cards
Lecture 11: Innovation
Why innovation,
Define innovation driven growth
2  cards
Lecture 12: Microscale innovation
Define microscope innovation,
Define problem definition,
Define idea generation
4  cards
Lecture 13: Systems of Economy
What is economics,
What are the systems of economy,
Define the systems of economy and...
15  cards
Lecture 14: Economic flow constraints
What are the constraints in econo...,
What are the constraints in the s...,
What are the constraints of econo...
4  cards

More about
Economics

  • Class purpose General learning

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