This class was created by Brainscape user Edvin Jakubovskij. Visit their profile to learn more about the creator.
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Decks in this class (17)
8.1: Elasticity
Demand function is a relationship...,
Demand function notation formula,
The slope of the demand curve is ...
16
cards
8.2: Profits, Competition and Break-even Analysis
Marginal revenue mr is the additi...,
Marginal revenue mr formula,
Marginal cost mc is the increase ...
10
cards
9.1: Perfect Competition
Perfect competition is a market s...,
Monopolistic competition is a hig...,
Five factors determine market str...
6
cards
9.3: Oligopoly
Pricing interdependence the firms...,
The cournot assumption the basic ...,
The nash equilibrium in oligopoly...
3
cards
9.4: Monopoly and Concentration
First degree price discrimination...,
Second degree price discriminatio...,
Third degree price discrimination...
5
cards
10.1: GDP, Income, and Expenditures
Aggregate output the value of all...,
Aggregate income the value of all...,
Real gdp real gdp that measures
13
cards
10.2: Aggregate Demand and Supply
Aggregate demand the quantity of ...,
Aggregate supply the quantity of ...,
Aggregate demand curve is an
8
cards
10.3: Macroeconomic Equilibrium and Growth
Production function provides the ...,
A two factor production function ...,
Capital deepening investment incr...
6
cards
11.1: Business Cycle Phases
Classical cycle refers to fluctua...,
Growth cycle refers to fluctuatio...,
Growth rate cycle refers to fluct...
4
cards
11.2: Inflation and Indicators
What are the theories of business...,
Keynesian shifts in cause busines...,
New keynesian in addition to othe...
14
cards
12.1: Money and Inflation
Monetary policy actions taken by ...,
Fiscal policy the use of and spen...,
Money multiplier
8
cards
12.2: Monetary Policy
Open market operations are,
Monetary transmission mechanism is,
What are the main types of moneta...
10
cards
13.1: Geopolitics and Geopolitical Risk
Standardization is the process of,
Soft power are means of,
Classification of geopolitical ac...
4
cards
14.1: International Trade Benefits
Terms of trade the ratio of the p...,
Net exports the difference betwee...,
Trade surplus deficit when the va...
17
cards
14.2: Trade Restrictions
Balance of payments bop is a,
Balance of payments accounts 1 cu...,
1 current account represents the ...
5
cards
15.1: Foreign Exchange Rates
The nominal exchange rate tells h...,
The real exchange rate tells how ...,
Purchasing power parity ppp descr...
11
cards
15.3: Managing Exchange Rates
The elasticities approach highlig...,
The condition that guarantees tha...,
The generalized marshall lerner c...
3
cards
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ECONOMICS
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