Economics and Personal Financing

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

Decks in this class (63)

Introduction to Economics
Consumer,
Good,
Producer
9  cards
Resources and Scarcity
Allocate,
Nonrenewable resource,
Renewable resource
7  cards
The Three Questions of Economics
Factors of production,
Limited,
Needs
5  cards
Opportunity Cost
Opportunity cost,
Production cost,
Production probability curve
5  cards
Economic Systems
Closed economy,
Command economy,
Mixed market economy
6  cards
Economic Systems and Daily Life
Income,
Ownership,
Private property
5  cards
Competition and Free Enterprise
Restrict,
Free enterprise,
Regulation
4  cards
Technology and Economics
Automation,
Data,
Efficient
5  cards
The Law of Demand
Complementary goods,
Demand,
Elasticity
7  cards
The Law of Supply
Ability,
Elasticity,
Price
4  cards
Determining Market Price
Coordinate,
Equilibrium,
Excess demand
4  cards
Elasticity and Incentives
Incentives,
Price ceiling,
Price floor
4  cards
Profit
Marginal benefit,
Marginal cost,
Marginal revenue
6  cards
Comparative and Absolute Advantage
Absolute advantage,
Comparative advantage,
Erricient
5  cards
Market Structures and Competition
Compete,
Monopolistic competition,
Monopoly
6  cards
Case Study: Starting a Business
Ability,
Efficienty,
Produce
6  cards
Introduction to Macroeconomics
Aggregate,
Gross domestic product,
Macroeconomics
4  cards
Economic Growth
Growth,
Indicators,
Offset
6  cards
The Business Cycle
Business cycle,
Depression,
Production
5  cards
Inflation and Stagflation
Consumer price index,
Hyperinflation,
Inflation
5  cards
Money
Barter,
Circulation,
Currency
6  cards
Banking
Bank,
Default,
Govern
6  cards
Investing and Financial Markets
Bond,
Debt,
Equity
5  cards
Economic Policy
Government agency,
Interest group,
Policy
8  cards
Fiscal Policy: Spending
Allocate,
Budget,
Debt
6  cards
Fiscal Policy: Taxes
Progressive tax,
Proportional tax,
Regressive tax
5  cards
Monetary Policy: The Federal Reserve
Central bank,
Implement,
Reserve
4  cards
Regulatory Policy
Compliance,
Externalities,
Legislate
5  cards
Social Policy
Assisstance,
Benefit,
Complex
5  cards
Economic Policy: Influential Theories
Classical economics,
Coordinate,
Laissez faire
6  cards
Labor
Advocate,
Collective bargaining,
Minimum wage
6  cards
Business Structures
Charter,
Cooperative,
Corporation
8  cards
Entrepreneurship
Asset,
Differentiate,
Entrepreneur
5  cards
Globalization
Connect,
Globalization,
Interdependent
5  cards
International Trade
Absolute advantage,
Comparative advantage,
Dependent
4  cards
Currencies and Exchange Rates
Currency,
Euro,
Exchange rate
4  cards
Trade Barriers
Embargo,
Implement,
Quota
6  cards
Trade Agreements
Compete,
Exploitation,
Imbalance
6  cards
Economic Development
0  cards
Writing Workshop: The Effects of Globalization
Biased,
Connect,
Data
5  cards
Principles of Financial Planning
Budget,
Income,
Opportunity cost
5  cards
Financial Responsibility
Bad risk,
Bankruptcy,
Credit counseling service
5  cards
Making Employment Decisions
Alternative,
Career,
Tuition
4  cards
Employment and Education
Alternative,
Grant,
Scholarship
4  cards
Understanding Net Worth
Assets,
Balance sheet,
Equity
6  cards
Budgeting
Balanced budget,
Discretionary,
Invest
4  cards
Spending
Comparison,
Equity,
Installment
6  cards
Making Spending Decisions
Comparison,
Finance,
Fraud
5  cards
Taxes
Income tax,
Property tax,
Revenue
5  cards
Paying Taxes
Income tax,
Progressive,
Property tax
5  cards
Banking: How to Manage Your Money
Checking account,
Credit union,
Record
5  cards
Understanding Checking and Debit Accounts
Debit,
Deposit,
Electronic funds transfer
5  cards
Investing
Commodity,
Diversification,
Liquidity
6  cards
Principles of Investment
Interest rate,
Return,
Risk
5  cards
Credit & Loans
Bankruptcy,
Borrow,
Credit score
5  cards
Managing Financial Information
Bankruptcy,
Credit score,
Identity theft
4  cards
Insurance
Compensate,
Deductible,
Insurance
5  cards
Case Study: Personal Financial Planning
Deductions,
Discretionary,
Equity
5  cards
Satire in Swift's A Modest Proposal
Contradiction,
Premise,
Satire
5  cards
Comparing Eighteenth Century Texts on Slavery
Approach,
Explicit,
Implicit
4  cards
Parts of Speech: Gerunds, Participles, and Infinitives
Gerund,
Infinitive,
Modify
6  cards
Connecting Sentences and Clauses
Clause,
Complex sentence,
Compound sentence
6  cards
Writing a Research-Based Informative Essay about Language
Evidence,
Focus,
Objective
6  cards

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Economics and Personal Financing

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