This class was created by Brainscape user Sam Brereton. Visit their profile to learn more about the creator.
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Sam Brereton
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Decks in this class (19)
Week 1 - Intro to Economics
What is economics 1,
Scarcity principle 2,
Cost benefit principle 3
9
cards
Week 2 - Markets, Supply and Demand
Demand curve 1,
Giffen good 2,
Substitution effect 3
22
cards
Week 3 - Elasticity
Price elasticity of demand 1,
Price elasticity of demand formul...,
Values of price elasticity of dem...
20
cards
Week 3 - Efficiency
Consumer surplus 1,
Producer surplus 2,
Total economic surplus 3
9
cards
Week 4 - Consumer Theory
Consumption bundle 1,
What factors make a consumption b...,
How are consumption bundles repre...
31
cards
Week 5 - Producer Theory
Profit 1,
Profit formula 2,
Explicit cost 3
48
cards
Week 6 - Perfectly Competitive Market
0
cards
Week 7 - Monopoly
Perfect competition 1,
Imperfect competition 2,
Types of imperfect competition 3
20
cards
Week 8 - Game Theory
What is game theory 1,
Strategic situation 2,
Non strategic situation 3
24
cards
Week 9 - Oligopoly and Monopolistic Competition
Oligopoly 1,
Cartel 2,
Why do cartels work 3
20
cards
Week 10 - Labour Markets
What does the labour market model 1,
How to find optimal distribution ...,
How does income and substitution ...
24
cards
Week 11 - Risk, Asymmetric Information + International Trade
Difference between risk and uncer...,
Expected value 2,
Lottery 3
21
cards
Week 12 - Externalities and Public Goods
0
cards
Week 13 - Intro to Macroeconomics
What is the difference between ma...,
What are the 2 branches of macroe...,
What are the major macroeconomic ...
32
cards
Week 14 - GDP
How does gdp allow for measuring ...,
Gross domestic product gdp 2,
Criticisms of gdp 3
27
cards
Week 14 - Unemployment
Employment sections 1,
Employed 2,
Unemployed 3
28
cards
Week 15 - Inflation
Price index 1,
Consumer price index cpi 2,
Calculating cpi 3
32
cards
Week 16 - Economic Growth
Real gdp per person 1,
Finding real gdp per capita person 2,
Real gdp per capita formula 3
34
cards
Week 17 - Labour Market, Inequality and Unemployment [WIP]
Trends in the labour market 1,
Labour market 2,
Wages and demand for labour 3
33
cards
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Economics
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