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Economics (Vicky) real one

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

By: T Nguyen
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Decks in this class (21)

Production Possibility Curves and Opportunity Cost (Not Finished)
Opportunity cost,
Production possibilities curve pp...,
Changes in the ppc
17  cards
Demand, Supply and Equilibrium
Demand,
The law of demand,
Non price determinants for shifts...
47  cards
Government Intervention (Micro)
Types of government intervention ...,
Taxes,
Why do governments impose reduce ...
41  cards
Elasticities
What is elasticity,
Price elasticity of demand ped,
Graph of elasticities
14  cards
Cost, Revenue, Profit Theory
Law of diminishing returns,
Short run,
Long run
39  cards
Market Failure
Define technical efficiency,
Define allocative efficiency,
Define pareto optimality
55  cards
Perfect Competition
Characteristics of perfect compet...,
Short run,
Marginal revenue
18  cards
Monopolistic Competition
Characteristics of monopolistic c...,
Demand curve,
Short run
12  cards
Economics Integration
Economic integration,
Trading bloc,
Bilateral trade agreements
14  cards
Trade, Free Trade and Protectionism
Dumping,
Protectionism,
Reasons for free trade
29  cards
Exchange Rates and Calculations
Exchange rates,
Exchange rate index,
Fixed pegged exchange rate system
20  cards
Balance of Payments
Balance of payments,
What is a stock,
What is a share
31  cards
Monopoly
Characteristics of monopoly,
Monopolies are able to restrict e...,
Sometimes it is difficult to ente...
25  cards
Introduction to Macroeconomics (GDP, GNI, Business Cycle)
GDP, GNI, GDP per capita, Business Cycle
37  cards
Aggregate Demand and Supply
Aggregate demand,
From the ib syllabus determinants...,
Consumer demand
27  cards
Macroeconomics Government Policies
Government policies fiscal policy,
Expansionary fiscal policy,
Deflationary contractionary fisca...
42  cards
Inflation
Inflation,
Price stability,
Disinflation
34  cards
Unemployment
Unemployment,
Unemployment rate,
Workforce
27  cards
Income, Equity and Disparity
Macro goal,
Causes of poverty,
Measuring poverty
24  cards
Oligopoly
Characteristics of oligopoly,
Examples of oligopoly,
Non collusive oligopolies
8  cards
Introduction to Development
Economic growth vs economic devel...,
Economic development,
Sources of economic growth
18  cards

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Economics (Vicky) real one

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