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Economics

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

By: iinx minx
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Decks in this class (9)

Demand and Supply
What is demand,
What are the types of demand,
What is effective demand
8  cards
Economic Systems
What are the types of economic sy...,
What is a free market,
What happens in a market economy
4  cards
Theory of Cost and Economies of Scale
What is cost,
What are some cost determinants,
Define economies of scale
5  cards
Price Elasticity of Demand
Formula for coefficient,
Formula for ped,
Qd
12  cards
Price Elasticity of Supply
What is price elasticity of supply,
Pes formula,
What are 5 factors affecting the ...
3  cards
Market Structures
Perfect Competition, Oligopoly, Monopoly, Monopolistic Competition
17  cards
Production Possibility Frontier
What is a production possibility ...,
What are the assumptions that a p...,
When is an economy said to be eff...
7  cards
Role of Government in Stabilizing the Economy
Define national income,
Define national budget,
Define disposable income
22  cards
Circular Flow of Income
0  cards

More about
Economics

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study iinx minx's Economics flashcards for their Immaculate Conception High School class now!

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