This class was created by Brainscape user Moses Chia. Visit their profile to learn more about the creator.
By:
Moses Chia
- decks
- flashcards
- learners
Decks in this class (12)
Chapter 1 - Nature & Scope
What does ceteris paribus mean,
What is a positive statement,
What is a normative statement
17
cards
Chapter 2 - Decision Making Approach
What do economic agents have to c...,
Outline the decision making frame...
2
cards
Chapter 3 - Theory of Demand and Supply
Define the market,
What is demand,
What does the law of demand state
25
cards
Chapter 4 - Elasticity of Demand and Supply
Define price elasticity of demand...,
What is the formula for ped pes w...,
When is demand perfectly price el...
15
cards
Chapter 5 - Application of Demand, Supply and Elasticity
How do you calculate total revenu...,
What is an indirect tax,
Define deadweight loss
21
cards
Chapter 6 Part 1 - Market Failure & Government Intervention
What does the price mechanism do,
What are the assumptions of the p...,
What is productive efficiency
55
cards
Chapter 6 Part 2 - Market Failure & Govt Intervention
List 3 causes of imperfect inform...,
Define imperfect information,
Outline the 5 steps in explaining...
11
cards
Chapter 7 - Introduction to Macroeconomics & National Income Accounting
What are the macroeconomic indica...,
What are the macroeconomic aims,
Define national income
31
cards
Chapter 9 - Economic Growth
Define economic growth,
What is the formula for economic ...,
What is the significance of the s...
48
cards
Chapter 11 - Inflation
What is inflation,
How is consumer price index calcu...,
How to calculate inflation rate
28
cards
Chapter 8 - Theory of Aggregate Demand and Aggregate Supply
Define aggregate demand,
What are the components of ad,
Define consumption expenditure
34
cards
Chapter 10 - Unemployment
Define the labour force,
What is unemployment,
What is unemployment rate
33
cards
More about
h1 econs
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Moses Chia's H1 Econs 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.
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?
ECON 225
- 22 decks
- 447 flashcards
- 1 learners
Decks:
Chapter 01 Four Economic Questions About, Chapter 02 Ethics And Economics, Chapter 03 Pollution And Resource Degrat, And more!
Econ Theme 3
- 36 decks
- 678 flashcards
- 2 learners
Decks:
311 Sizes And Types Of Firms, 312a B Business Growth, 312c, And more!
Econ
- 20 decks
- 664 flashcards
- 1 learners
Decks:
Topic 1 Ten Principles Of Economics, Topic 2 Thinking Like An Economist, Topic 3 Comparative Advantage And Trade, And more!
ECON 102
- 18 decks
- 1301 flashcards
- 86 learners
Decks:
Exam 1 Chapter 1, Exam 1 Chapter 2 Production And Trade, Exam 1 Chapter 3 Global Economic System, And more!
