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Hannah Foley
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Decks in this class (25)
Introduction to Economic Policy A Lecture 1
Where does the word economy come ...,
What is the definition of economics,
Examples of societys scarce resou...
20
cards
Business cycles & Aggregate Demand/Supply
What does full employment level mean,
What is the natural level of gdp,
What does ceteris paribus mean
60
cards
Growth Introduction
What is purchasing power parity,
Why is big mac used to show ppp,
Why is gdp per capita better at s...
47
cards
Common Resources
Are common resources excludable a...,
What is tragedy of the commons,
How can governments stop the trag...
4
cards
Public Goods
When do governments get involved ...,
Are normal market forces in our e...,
Why can t private markets allocat...
22
cards
Taxation
Define progressive taxes,
Define regressive taxes,
What is direct tax
56
cards
Economic Principles
What is a trade off,
What type of trade off might the ...,
What type of trade off might a pe...
23
cards
Supply and Demand
What is a market,
What are competitive markets,
What is perfect competition
44
cards
Equilibrium
When does excess demand occur,
How can we get from excess demand...,
When does excess supply occur
11
cards
Market Efficiency, Surplus
Define well being,
What is allocative efficiency,
What can we look at to tell if th...
14
cards
Price Controls
Why are controls on prices usuall...,
What is a price ceiling,
Example of price ceilings
18
cards
Elasticity
What is elasticity,
Demand is said to be elastic if,
Demand is said to be inelastic if
31
cards
Total Expenditure and Total Value
What is total revenue,
How to calculate total revenue,
Does total revenue increase or de...
16
cards
Monopoly
What is imperfect competition,
Types of imperfect competition,
Define monopoly
35
cards
Oligopoly
Types of imperfect competition,
What is oligopoly,
What is monopolistic competition
29
cards
Monopolistic CompetitioN
Features of monopolistic market,
What does many products that are ...,
What is the incentive to advertise
8
cards
Externalities
What is an externality,
Two types of externalities,
Example of pos externalities
20
cards
GDP
What is economics,
What does fiscal refer to,
What is a stock value
46
cards
Money and Banking
What is the price level,
What is consumer price index,
What is inflation
80
cards
Monetary Policy and Financial Crises
2 causes of inflation mainly,
What does it mean to buy on the m...,
What does irrational exuberance mean
10
cards
MCQs ECON B
2 if nominal gdp in 2018 is great...,
3 which of the following is an ex...,
10 in the exogenous growth model ...
26
cards
Fiscal Policy
Examples of fiscal policy during ...,
The aim of fiscal policy during a...,
Examples of fiscal policy during ...
58
cards
Trade
What does ppf stand for,
What does the ppf show,
What is a comparative advantage
41
cards
Education and Unemployment
3 types of jobs 3 education level...,
Where can skills for work be learned,
Why is it difficult for every cou...
60
cards
Migration
Examples of push and pull factors...,
1 2 of all the world s migrants l...,
Example of cluster phenomenon us
32
cards
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Economics
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