Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Economics AS (Microeconomics)

This class was created by Brainscape user Lucas Kantaris-Diaz. Visit their profile to learn more about the creator.

By: Lucas Kantaris-Diaz
Start Studying

Decks in this class (9)

Microeconomics: Key terms and definitions to memorise
Arithmetic mean,
Weighted average,
Time series
116  cards
Economic Problem, FoP, Specialisation, Opportunity cost, PPC, Martkets
Define the economic problem,
Define opportunity cost,
What are the 4 factors of production
20  cards
Demand And Consumer Surlplus
What is the equilibrium price,
What is consumer surplus,
What is producer surplus
10  cards
Elasticities of demand
Define price elasticity of demand,
What is the formula for ped,
What s on the bottom and why
23  cards
Supply and Producer Surplus
Define supply,
Determinants of supply,
Changes in the price lead to song
8  cards
Elasticity of Supply
Define price elasticity of supply,
What is the pes formula,
When is pes elastic
8  cards
Market Faliure, Efficiencies, Externalities, Merit/Demerit goods, Information faliure
What are two main types of effici...,
When is productive efficiency ach...,
Where is productive efficiency on...
51  cards
Government Intervention to Correct Market Faliure
What are the main forms of govern...,
Define indirect taxation,
Market failures corrected by indi...
36  cards
GOOD microeconomic definintions
Define the economic problem,
Define opportunity cost,
Define specialisation
42  cards

More about
Economics AS (Microeconomics)

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Lucas Kantaris-Diaz's Economics AS (Microeconomics) flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

AS Economics
  • 24 decks
  • 735 flashcards
  • 4 learners
Decks: 211 Economic Growth, 212 Inflation, 213 Employment And Unemployment, And more!
Economics A-level
  • 35 decks
  • 984 flashcards
  • 177 learners
Decks: M 11, M 11 Macroeconomic Indicators Gov Object, M 12 Index Numbers, And more!
Microeconomics
  • 19 decks
  • 666 flashcards
  • 957 learners
Decks: Economic Methodology Scarcity Choice And, Producer Surplus, Intro To Supply And Demand, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions